THE SPORTS BUSINESS DAILY has profiled the facilities of theNFL since October. Today, we begin to examine the infrastructureof the NBA and the NHL with a profile of the America West Arena,host of the 1995 NBA All-Star Weekend, our first of 44facilities.
| STADIUM: | America West Arena, Phoenix, AZ. |
| TENANTS: | Home of the Suns, AFL Rattlers, CISL Sandsharks(both owned by the Suns). |
| AGE: | Opened June 1, 1992. |
| OWNERSHIP: | Owned by the City of Phoenix. |
| MANAGEMENT: | Managed by Phoenix Arena Development Limited Partnership. |
| COST: | $90 million — city contributed $35M through the sale of bonds, Phoenix Arena Development Limited Partnership (PADLP), a division of the Suns contributed the rest. |
| CAPACITY: | 19,023 for basketball. |
| LUXURY SEATS: | 88 suites which accommodate up to 22 guests. Sunsoperate and manage the suites. |
| NAMING RIGHTS: | America West Airlines paid $24M for 30-year namingrights. |
| CONCESSIONS: | Restura, a division of Dial Corp., handlesconcessions. Team receives 40% of concessionrevenue, city receives 60%. |
| ADVERTISING: | Suns handle all advertising. City receives 60% ofrevenue, team receives 40%. |
| PARKING: | 900 space garage managed by PADLP — 1,500 spacegarage next door owned by city, 11,000 parkingspaces within an 8 minute walk. |
| GAME-DAY: | Personnel paid for by the Suns. |
| LEASE: | 40-year agreement. Suns will manage and operatefacility throughout. |
| MAINTENANCE: | Paid for through a renewal fund. |
| RENT: | $500,000 a year with a clause for increased revenue. |
(Source: Debra Stevens, America West Arena Director of PR).
