Arenas are built to attract "other" revenue streams....
Posted on: December 11, 2019 at 15:25:10 CT
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Most are built to host other sporting events, concerts, and conferences. An arena that is used only for basketball is a waste of money. Economics of things are you want more then 15-20 events over a year.
To attract top tier musical acts a college arena probably needs to be 15,000 seats. That's on the low end of things. That number used to be a lot lower.