Venue Detail
Sacramento Kings
Revenues From Sports Venues Pro Facilities Report
February, 2012
Sacramento Kings
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1 Sports Pkwy Sacramento, CA 95834-2301 Phone: 916-928-0000 Fax: 916-928-0727 URL: www.nba.com/kings Owner: Joe and Gavin Maloof League: National Basketball Association, Western Conference, Pacific
Venue
Power Balance Pavilion, 1 Sports Pkwy, Sacramento, CA 95834-2301 Owner: Joe and Gavin Maloof Managed by: Owner Built: 1988 Capacity: 17,317 Permanent concession stands: 6 Concessionaire: The Levy Restaurants Suite caterer: The Levy Restaurants Soft drink:
Naming rights
Sold to: Power Balance
Ticket prices
Season tickets range from $657 to $6,765 Single tickets range from $10.00 to $165.00
Attendance
2009 average attendance: 17,227 2010 average attendance: 13,254 2011 average attendance: 13,890
Suites
Quantity: 30 Term: 1 to 4 years Price: $185,000 to $277,600 Seats: 16 to 26 Includes: Tickets for regular Kings games and all arena events.
Club seats
Quantity: 412 Term: 1 to 3 years Price: $4,620 to $4,620 Includes: Tickets, parking. Sold in groups of 4 to 12. These are known as club box seats.
Financing
The $70 million venue was privately financed.
The arena, the NBA Kings and WNBA Monarchs all have common ownership in the Maloof family of New Mexico. Formerly Arco Arena, the building was renamed in 2011 in a deal where the details were undisclosed.
The Kings had an arena plan to take before voters in 2006, but then disagreements caused it to fall apart. It scarcely mattered as voters rejected the idea of funding a venue.
Now Mayor Kevin Johnson then revived an arena task force that brought a new plan, which also collapsed. The Kings entertained the idea of moving to Anaheim, but reconsidered to spend one more season in Sacramento. The push is now on to come up with a new arena plan in early 2012 or the league could be willing to allow the team to move. (Basketball, Facilities, Financial, NBANBA, Professional Sports)