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Volume 26 No. 28
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Charlotte Checkers' AHL Title Win Boosts Revenue, Attendance

AHL Charlotte Checkers COO Tera Black said that the team "made strides last season toward breaking even financially" en route to winning the Calder Cup championship, according to Erik Spanberg of the CHARLOTTE BUSINESS JOURNAL. Winning the Cup "helped push revenue past" $5M from a range of $4-4.5M in recent seasons. With the Checkers' fifth season at Bojangles' Coliseum starting tomorrow, team execs are "optimistic they can make additional gains with ticket and sponsor sales." Meanwhile, "renewal rates for full-season tickets grew" to 90% heading into '19-20, up from 80%. To that point, Checkers Senior VP Shawn Lynch said that "overall, season-ticket equivalents have reached 2,000 for the first time." Revenue at the Bojangles' Coliseum complex, which includes nearby Ovens Auditorium, is projected to "reach $9 million during the current fiscal year," triple the amount in '15. The team played at Spectrum Center from '05-15, but since returning to Bojangles' Coliseum ahead of the '15-16 season, attendance "has grown," reaching a per-game average of 6,682 in '18-19 (BIZJOURNALS.com, 10/8).