Venue Detail
Anaheim Ducks
Revenues From Sports Venues Pro Facilities Report
February, 2011
Anaheim Ducks
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2695 E Katella Ave Anaheim, CA 92806-5904 Phone: 714-704-2700 Fax: 714-704-2753 URL: www.mightyducks.com
Owner
Henry Samueli
League
National Hockey League Western, Pacific
Venue
Honda Center, 2695 E Katella Ave, Anaheim, CA 92806-5904 Owner: City of Anaheim Managed by: H & S Ventures Built: 1993 Capacity: 18,200 Permanent concession stands: 20 Concessionaire: Aramark Suite caterer: The Levy Restaurants Soft drink: Coca Cola Beer: Multiple
Naming rights
Sold to: Honda Price: $60, 000,000 Term: 15 years Expires: 2023
Ticket prices
Season tickets range from $540 to $8,910 Single tickets range from $20.00 to $313.00
Attendance
2007 average attendance: 16,363 2008 average attendance: 17,193 2009 average attendance: 17,501
Luxury Suites
Quantity: 84 Term: 3 to 5 years Price: $150,000 to $220,000 Seats: 10 to 14 Includes: Tickets, parking and concierge service.
Club seats
Quantity: 1,716 Term: 1 to 2 years Price: $3,440 to $3,440 Includes: Tickets to Ducks games only, parking, in-seat wait service.
Financing
The $80 million arena was financed by the city and Ogden Corp. through certificates of participation. Pct. public: 100
The arena, also known as the Pond, is the home of the NHL Mighty Ducks. The building has 12-foot granite walls encircling the building and granite is used to outline the green glass archways on the building's north and south entrances.
Naming rights earn $1.5 million a year. The venue gets 25 percent of the first $1 million for the first 10 years. The management company, gets another 25 percent and the rest goes to the team.
The building got a new management firm in 2003. H&S Ventures of Corona del Mar took over the contract held by Covanta.
The new agreement lowers the city's debt payments and eliminates a $4 million annual management fee. Officials believe the building can now be profitable after total losses of $40.2 million in nine years. Its last complete fiscal year showed losses of $4.2 million.
The agreement gives H&S a share of building revenue. After $12 million, the firm will get 75 percent of earnings with 20 percent going to the city. The remaining 5 percent goes to the county as fees. If the company brings in a new major tenant, such as an NBA franchise, its earnings will climb to 80 percent. (Facilities, Financial, Ice Hockey, NHL, Professional Sports)