@Texas-Hawk-10 said in T-Mobile Center taking over for Sprint Center in downtown KCMO:
@hawkfan01 said in T-Mobile Center taking over for Sprint Center in downtown KCMO:
@Texas-Hawk-10 said in T-Mobile Center taking over for Sprint Center in downtown KCMO:
@Kcmatt7 said in T-Mobile Center taking over for Sprint Center in downtown KCMO:
Realistically, does Sprint Center actuall make money for KC? Factoring in maintenance and operating costs, it seems like Sprint Center should operate in the red for the city due to the lack of a professional team (NBA/NHL) calling the building home.
I don’t know about currently, but for a long time, the Sprint Center did make money for KC. It was actually wildly profitable for AEG so the profit sharing agreement kicked in (I think anything above 15% kicked into a profit split). Sprint Center at one time was somewhere around one of the 10 busiest arenas in the world. Not having a pro sports team was a good thing. All the suite and club suite revenue went to the building operator versus if we had a pro team, they would have gotten all the money. Plus, without a pro team taking all the plum dates, KC gets all these concerts and other events that used to pass us by. I don’t know this, but I actually think the former President of AEG (Tim Leiweke) used KC as his model case for his current business where he’s literally building (primarily) concert arenas.
Pro teams don’t take dates away from major concert tours. Most arena tours are booked far enough in advance to be able to promote the shows that it’s usually the NBA and NHL that have to schedule around those shows.
Yeah, I don’t know. That’s just what they said on why the Sprint Center was able to rank so much higher as an arena than KC’s market size. When you have the 4th busiest arena in the U.S. and KC is somewhere between 30-32 as size of market, there has to be some reason the arena is doing so well and I would think being wide open calendar wise would help.
[link text](https://www.sprintcenter.com/news/detail/sprint-center-maintains-ranking-as-americas-fourth-busiest-arena[link text](link url))