Comments on: The Peake is at its peak

By: Mark

Mark — Sat, 03 Nov 2012 17:03:55 +0000

Jesse, you don’t understand, Seattle didn’t have enough memory games for children to be profitable. Plus their arena doesn’t look like a renovated public school or a really big Best Buy.

By: Jesse

Jesse — Sat, 03 Nov 2012 01:48:31 +0000

Why was a 114 million renovation to one of the smallest arenas in the NBA good enough to move a team, but a 350 million renovation to an existing arena wasn’t good enough to keep the team, or the ownership to even listen…….But glad it went down the way it did, I would rather lose the Sonics for 6-7 years than take the kind of deal that they wanted in Seattle, or the one taken by OKC. No new taxes for new Seattle arena, only user fees. Now that that’s out of the way, Stern can’t wait to get a team in Seattle and we get our arena on our terms. Can’t wait for you guys to have to pony up for a anew arena during a alosing streak of seasons…..

By: Lynn1

Lynn1 — Fri, 02 Nov 2012 19:43:05 +0000

IDK, Brandon, MSG makes a ton of money, just follow their stock.

But those are two cities, where the events need the city more than the city needs the events. That makes privately operated arenas profitable.

In most cities, that is not the case.

By: Brandon

Brandon — Fri, 02 Nov 2012 17:50:11 +0000

Staples Center is probably the most profitable arena in the world.

By: Lynn1

Lynn1 — Fri, 02 Nov 2012 16:35:07 +0000

According to Wikipedia, The Amway Center cost $480 million, maybe your 380 number does not include the cost of land donated by the City of Orlando.