Venue Detail
San Jose Sharks
Revenues From Sports Venues Pro Facilities Report
February, 2011
San Jose Sharks
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525 W Santa Clara St San Jose, CA 95113-1500 Phone: 408-287-4275 Fax: 408-999-5797 URL: www.sj-sharks.com
Owner
Kevin Compton, Greg Reyes and other investors
League
National Hockey League Western, Pacific
Venue
HP Pavilion at San Jose, 525 W Santa Clara St, San Jose, CA 95113-1500 Owner: City of San Jose Managed by: HP Pavilion Management Built: 1993 Capacity: 17,483 Permanent concession stands: 23 Concessionaire: Aramark Suite caterer: Aramark Soft drink: Pepsi Cola Beer: Multiple
Building sponsors
Clubs/Restaurants: Yes
Naming rights
Sold to: Compaq Computer Price: $72, 000,000 Term: 18 years Expires: 2018
Ticket prices
Season tickets range from $792 to $4,620 Single tickets range from $20.00 to $175.00
Attendance
2007 average attendance: 17,422 2008 average attendance: 17,411 2009 average attendance: 17,672
Luxury Suites
Quantity: 65 Term: 3 to 3 years Price: $120,000 to $250,000 Seats: 10 to 20 Includes: Tickets to all games, parking passes, other events, access to club facilities. Party suite rates depend upon food and other services required.
Club seats
Quantity: 3,413 Term: 1 to 1 years Price: $3,696 to $4,136 Includes: Tickets.
Financing
The $162.5 million arena was financed with $132 million in city money and $30 million from San Jose Arena Management. Pct. public: 82
The NHL Sharks play at the HP Pavilion at San Jose. The name was originally the Compaq Center, but was changed when the companies merged.
The Sharks' arena revenue is enhanced based on its ownership of advertising rights within the San Jose Arena (dasherboards, in-ice and bench/penalty box advertising as well as Zamboni). The City of San Jose gets 5 percent of the arena's annual gross plus most of the suite and parking revenue, which adds about $1 million to city coffers.
The arena offers terraces for parties. An event hosting 12 people costs $2,100 while 24 fans can be served for $4,200. (Facilities, Financial, Ice Hockey, NHL, Professional Sports)