SMG Out, AEG In As Manager Of Penguins' Consol Energy Center
The Penguins have signed a five-year deal with AEG Facilities to manage Consol Energy Center. The agreement also gives AEG the right to partner with the NHL team to develop an entertainment complex across the street from the arena, said Penguins COO and general counsel Travis Williams. The intent is to develop a destination similar to L.A. Live on land where Civic Arena, the team’s old home, once stood, said Williams. AEG will take over the new arena Sept. 1. SMG had managed the facility during its first two years of operation, and its relationship with the team and the old arena dates to '91.