Who is paying for Warriors new arena?
2 min read
Asked by: Amanda Torres
The arena is privately financed, with the Warriors having poured $1.4 billion out of their own pockets to build the stadium since the
How much is Chase Center worth?
All just two years after the Warriors moved into the $1.4 billion Chase Center in San Francisco, where the team monetizes surrounding real estate and maintains a tenant and equity partner in Uber.
How much did chase pay for Warriors?
The Warriors will provide FTX brand presence throughout Chase Center, the Warriors G League and NBA 2K team, and digital floor ads during RSN games. Deal terms were not made public, but people familiar with the global agreement told CNBC it’s a multiyear pact worth roughly $10 million.
Who sponsors the Chase Center?
To date, they have brought in the five following founding sponsorship partners: Accenture, Hewlett Packard Enterprises, Pepsi, RingCentral and United Airlines. The search for a naming rights partner led CAA Sports Property Sales to JP Morgan Chase, a client of CAA’s Brand Consulting group.
Who owns Chase Center SF?
Governor Gavin Newsome, then-NBA Commissioner David Stern, and owners Joe Lacob and Peter Guber, revealed their plans. A $500 million, 17,000 – 19,000-seat arena, located on Pier 30-32 along the San Francisco Bay waterfront, between the Ferry Building and Oracle Park.
Who financed Chase Center?
The arena is privately financed, with the Warriors having poured $1.4 billion out of their own pockets to build the stadium since the city of San Francisco refused to supply financing. The team turned to Silicon Valley’s tech elite to make the project possible.
Who paid for Chase stadium?
On April 19, 2014, the Warriors abandoned plans for the pier site and purchased a 12-acre site owned by Salesforce.com at the Mission Bay neighborhood for an undisclosed amount. The arena was financed privately.
How much does Chase pay for naming rights?
around $300m
Largest among those lucrative deals was the naming rights agreement struck with banking giant JPMorgan Chase. That name did not come cheap with a reported pricetag of around $300m over 20 years. That enormous figure is no surprise.
What is the largest NBA stadium?
The United Center
The United Center has the highest capacity of any current NBA arena at 20,917. Madison Square Garden is the only current arena not to be named after a corporate sponsor.
