Venue Detail
Indiana Fever
Revenues From Sports Venues Pro Facilities Report
January, 2010
Indiana Fever
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125 S Pennsylvania Ave Indianapolis, IN 46204 Phone: 317-917-2500 URL: www.wnba.com/fever Owner: Melvin and Herbert Simon League: WNBA Eastern Conference
Venue
Conseco Fieldhouse, 125 S Pennsylvania St, Indianapolis, IN 46204 Owner: City of Indianapolis Managed by: AEG Facilities Built: 1999 Capacity: 18,345 Permanent concession stands: 137 Concessionaire: The Levy Restaurants Suite caterer: The Levy Restaurants Soft drink: Pepsi Cola Beer: MillerCoors
Naming rights
Sold to: Conseco Inc. Price: $40, 000,000 Term: 20 years Expires: 2019
Ticket prices
Season tickets range from $144 to $1,314 Single tickets range from $10.00 to $79.00 2007 average attendance: 7,032 2008 average attendance: 7,702 2009 average attendance: 7,939
Luxury Suites
Quantity: 69 Term: 5 to 10 years Price: $89,000 to $175,000 Seats: 20 to 50 Includes: Tickets.
Club seats
Quantity: 2,500 Term: 3 to 6 years Price: $3,936 to $4,320 Includes: Parking, in-seat wait staff.
Financing
The $183 million Conseco Fieldhouse was funded with $79 million in public money. The team is responsible for $57 million of the cost and the rest came from private contributions. Among those contributions is an in-kind contribution of $10 million from Eli Lilly and Co. for use of adjacent land for a parking lot. Pct. public: 43
Construction of a new 18,000-seat Conseco Fieldhouse began in July 1997 and it opened in 1999. The Indiana Pacers opened their new $183 million retro-style fieldhouse to an enthusiastic crowd. The Venue replaced Market Square Arena and offers fans better sight lines, better concession facilities and a host of other improvements. Its design is intended to reflect a high school fieldhouse.
The Venue features 71 luxury suites, including two party suites and 2,500 club seats. The Venue has a 400-seat Varsity Club for the club seat holders.
Other amenities include larger and more locker rooms and improved press facilities.
The team agreed to a new 20-year lease and must pay off $150 million in bonds on Market Square Arena. The team also gets all revenue and must pay $500 million in damages if it leaves before its lease expires.
Courtside single game tickets range from $120 to $395.
In 2006, the club added a new club called Legends. Legends and the $5,750 annual membership will include tickets to all NBA Pacer and WNBA Fever games. Seats are personalized with name plates and members will have access to private parking.
The Legends membership also offers access to a private bar, conference and dining rooms and in-seat wait service. The restaurant, which is run by Levy Restaurants, will seat 120 people. Levy currently operates the Varsity Club, which is exclusive to the suite and club seat members. (Basketball. Facilities, Financial, Professional Sports, Venue, Women)