Summary of Total Cost and Public Subsidy for NBA Arenas Constructed or Significantly Renovated Since 1990
Updated September 12, 2003
Figures compiled by Shawn McCarthy, League of Fans.
www.leagueoffans.org
League of Fans
Ralph Nader, Founder
P.O. Box 19367
Washington, DC 20036
Sources: FieldOfSchemes.com, National Sports Law Institute of Marquette University Law School's "Sports Facility Reports", Cato Institute, ballparks.com, Federal Reserve Bank of Kansas City and wire and newspaper reports published on or before September 12, 2003.
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Number of major professional (MLB, NFL, NBA, NHL) sports stadiums and arenas constructed from 1990-present:
63 (31 stadiums and 32 arenas, with 4 of the arenas located in Canada)
Number of major professional sports stadiums and arenas significantly renovated from 1990-present:
12 (8 stadiums and 4 arenas)
Number out of the 75 total construction/renovation projects from 1990-present that used less than 25% public subsidies for completion:
18 (4 stadiums and 14 arenas, with 4 of the arenas located in Canada)
Total cost of the 70 construction/renovation projects:
$17.312 billion
Total public subsidy for the 70 construction/renovation projects:
$10.374 billion, 60% of total
Total cost of the 39 stadium construction/renovation projects:
$10.822 billion
Total public subsidy for the 39 stadium construction/renovation projects:
$7.381 billion, 68% of total
Total cost of the 36 arena construction/renovation projects:
$6.310 billion
Total public subsidy for the 35 arena construction/renovation projects:
$2.993 billion, 47% of total
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National Basketball Association
Olympic Tower, 645 5th Ave., New York, NY 10022
Commissioner: David J. Stern
tel (212) 407-8000 / fax (212) 754-6414
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(listed alphabetically by franchise)
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Atlanta Hawks
One CNN Center, South Tower, Ste. 405, Atlanta, GA 30303
Primary Owners: AOL Time Warner
tel (404) 827-3800 / fax (404) 827-4229
Philips Arena (Opened in 1999), shared with the Thrashers (NHL)
Total Cost:
$214 million
County Public Subsidy:
$173 million, 81% of total (hotel and rental car tax, gate and concession tax)
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Boston Celtics
151 Merrimac Street, Boston, MA 02114
Primary Owners: Boston Basketball Partners LP, a group led by Managing Partner and CEO Wycliffe Grousbeck
tel (617) 523-6050 / fax (617) 523-5949
Fleet Center (Opened in 1995), shared with the Bruins (NHL)
Total Cost:
$160 million
No Significant Public Subsidy
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Chicago Bulls
1901 W. Madison Street, Chicago, IL 60612-2459
Primary Owner: Jerry Reinsdorf
tel (312) 455-4000 / fax (312) 455-4198
United Center (Opened in 1994), shared with the Blackhawks (NHL)
Total Cost:
$150 million
City Public Subsidy:
$11 million, 7% of total (general fund)
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Cleveland Cavaliers
1 Center Court, Cleveland, OH 44115
Primary Owner: Gordon Gund
tel (216) 420-2000 / fax (216) 420-2101
Gund Arena (Opened in 1994)
Total Cost:
$152 million
County, State Public Subsidy:
$73 million, 48% of total (alcohol and tobacco tax, capital improvement fund)
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Dallas Mavericks
The Pavilion, 2909 Taylor Street, Dallas, TX 75226
Primary Owner: Mark Cuban
tel (214) 747-6287
American Airlines Arena (Opened in 2001), shared with the Stars (NHL)
Total Cost:
$420 million
City Public Subsidy:
$162 million, 38.5% of total (hotel and rental car tax)
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Denver Nuggets
1000 Chopper Circle, Denver, CO 80204
Primary Owner: E. Stanley Kroenke
tel (303) 405-1100 / fax (303) 575-1920
Pepsi Center (Opened in 1999), shared with the Avalanche (NHL)
Total Cost:
$165 million
County Public Subsidy:
$5 million, 3% of total (general fund)
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Golden State Warriors
1011 Broadway, Oakland, CA 94607
Primary Owner: Christopher Cohan
tel (510) 986-2210 / fax (510) 452-0132
The Arena in Oakland (Opened in 1966, Renovated in 1997)
Total Cost of Renovation:
$121 million
City, County Public Subsidy:
$121 million, 100% of total (general fund)
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Indiana Pacers
125 S. Pennsylvania Street, Indianapolis, IN 46204
Primary Owners: Melvin and Herbert Simon
tel (317) 917-2500 / fax (317) 917-2599
Conseco Fieldhouse (Opened in 1999)
Total Cost:
$175 million
City Public Subsidy:
$72 million, 41% of total, (sales tax, capital improvement fund)
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Los Angeles Clippers
Staples Center, 1111 S. Figueroa St., Ste. 1100, Los Angeles, CA 90015
Primary Owner: Donald T. Sterling
tel (213) 742-7500 / fax (213) 742-2550
Staples Center (Opened in 1999), shared with the Lakers (NBA) and the Kings (NHL)
Total Cost:
$321 million
City Public Subsidy:
$71 million, 22% of total (general fund)
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Los Angeles Lakers
3900 W. Manchester Boulevard, Inglewood, CA 90305-2227
Primary Owner: Jerry Buss
tel (310) 419-3100 / fax (310) 419-3234
Staples Center (Opened in 1999), shared with the Clippers (NBA) and the Kings (NHL)
Total Cost:
$321 million
City Public Subsidy:
$71 million, 22% of total (general fund)
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Miami Heat
601 Biscayne Boulevard, Miami, FL 33132-1801
Primary Owner: Micky Arison
tel (305) 358-9844 / fax (305) 789-5933
American Airlines Arena (Opened in 1999)
Total Cost:
$241.3 million
City Public Subsidy:
$142 million, 59% of total (hotel and rental car tax)
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Minnesota Timberwolves
600 First Avenue North, Minneapolis, MN 55403-9801
Primary Owner: Group led by Glen A. Taylor
tel (612) 337-3865 / fax (612) 673-1699
Target Center (Opened in 1990)
Total Cost:
$117 million
City Public Subsidy:
$117 million, 100% of total (general fund)
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New Orleans Hornets
1501 Girod Street, New Orleans, LA 70113
Primary Owners: George Shinn and Ray Wooldridge
tel (504) 301-4000 / fax (504) 301-4001
New Orleans Arena (Opened in 1999, Hornets began use in 2002)
Total Cost:
$110 million*
State Public Subsidy:
$110 million, 100% of total (hotel and motel tax)
* The facility was originally built to attract a major sports franchise. A $15 million publicly-funded renovation was also part of the relocation package.
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New York Knicks
Two Pennsylvania Plaza, 14th Floor, New York, NY 10121
Primary Owners: Cablevision
tel (212) 465-6000 / fax (212) 465-6498
Madison Square Garden (Opened in 1968, Renovated in 1991), shared with the Rangers (NHL)
Total Cost of Renovation:
$200 million
City Public Subsidy:
$200 million, (property tax break)
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Philadelphia 76ers
Wachovia Center, 3601 S. Broad Street, Philadelphia, PA 19148
Primary Owner: Comcast, Chairperson: Edward M. (Ed) Snider
tel (215) 339-7600 / fax (215) 339-7632
Wachovia Center (Opened in 1996), shared with the Flyers (NHL)
Total Cost:
$206 million
City, State Public Subsidy:
$23 million, 11% of total (general fund)
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Phoenix Suns
201 E. Jefferson Street, Phoenix, AZ 85004
Primary Owner: Jerry Colangelo
tel (602) 379-7900 / fax (602) 379-7922
America West Arena (Opened in 1992), shared with the Coyotes (NHL)
Total Cost:
$90 million
City Public Subsidy:
$35 million, 39% of total (general fund)
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Portland Trailblazers
1 Center Ct., Ste. 200, Portland, OR 97227
Primary Owner: Paul G. Allen
tel (503) 234-9291 / fax (503) 736-2187
Rose Garden (Opened in 1992)
Total Cost:
$262 million
City Public Subsidy:
$200 million, 76% of total (gate and concession tax, general fund)
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San Antonio Spurs
100 Montana Street, San Antonio, TX 78203
Primary Owner: Group led by Peter Holt
tel (210) 554-7700 / fax (210) 554-7701
Alamodome* (Opened in 1993)
Total Cost:
$186 million
City Public Subsidy:
$186 million, 100% of total (mass transit tax, sales tax)
* No longer in use by any major sports franchise.
SBC Arena (Opened in 2002)
Total Cost:
$175 million
County Public Subsidy:
$147 million, 84% of total (hotel and rental car tax)
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Seattle Supersonics
351 Elliot Ave. West, Ste. 500, Seattle, WA 98119
Primary Owner: Group led by Howard D. Schultz
tel (206) 281-5800 / fax (206) 281-5828
Key Arena (Opened in 1983, Renovated in 1995)
Total Cost of Renovation:
$107 million
City Public Subsidy:
$75 million, 70% of total (general fund)
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Toronto Raptors
Air Canada Centre, 40 Bay St., Ste. 400, Toronto, Ontario M5J 2X2, Canada
Primary Owner: Maple Leaf Sports and Entertainment, controlled by Steve A. Stavro
tel (416) 815-5600 / fax (416) 359-9205
Air Canada Center (Opened in 1999), shared with the Maple Leafs (NHL)
Total Cost:
C$265 million
No Significant Public Subsidy
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Utah Jazz
301 W. South Temple, Salt Lake City, UT 84101
Primary Owner: Larry H. Miller
tel (801) 325-2500 / fax (801) 325-2578
Delta Center (Opened in 1991)
Total Cost:
$90 million
City Public Subsidy:
$19 million, 21% of total (land grant)
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Washington Wizards
601 F St. NW, Washington, DC 20004
Primary Owner: Abe Pollin
tel (202) 661-5000 / fax (202) 661-5101
MCI Center (Opened in 1997), shared with the Capitals (NHL)
Total Cost:
$260 million
City Public Subsidy:
$60 million, 23% of total (general fund)
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