Cleveland

NBA team: Cleveland Cavaliers

Name of arena: Quicken Loans Arena

Year arena opened: 1994

Quicken Loans Arena

Attendance capacity of arena: 20,500

Additional amenities of arena: Attached to Progressive Field, with plaza and two parking garages; contains full Quaker Steak & Lube restaurant

Total construction cost of arena: $100 million

Progressive Field

Funds contributed by owners of the NBA team: $14 million from Gordon Gund for 20-year naming rights.

Public funding used for arena: Excise tax on alcohol and tobacco; tax-exempt bonds

First Energy Stadium

Arena naming rights deal: Undisclosed, estimated at $3 million per year.

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NBA team: Cleveland Cavaliers



Name of arena: Quicken Loans Arena


Year arena opened: 1994

[caption id="H2-307209985.jpg" align="align" width="440"] Quicken Loans Arena[/caption]


Attendance capacity of arena: 20,500


Additional amenities of arena: Attached to Progressive Field, with plaza and two parking garages; contains full Quaker Steak & Lube restaurant


Total construction cost of arena: $100 million

[caption id="V5-307209985.jpg" align="align" width="440"] Progressive Field[/caption]


Funds contributed by owners of the NBA team: $14 million from Gordon Gund for 20-year naming rights.


Public funding used for arena: Excise tax on alcohol and tobacco; tax-exempt bonds

[caption id="V7-307209985.jpg" align="align" width="440"] First Energy Stadium[/caption]


Arena naming rights deal: Undisclosed, estimated at $3 million per year.

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