NBA team: Denver Nuggets
Name of arena: Pepsi Center
Year arena opened: 1999
Attendance capacity of arena: 19,155
Additional amenities of arena: Three restaurants – Blue Sky Grill, Land Rover Denver Club and the Ridgeline (available to suite, club level and courtside ticket holders). It also has an in-house broadcast studio featuring a studio and sound stage, control room and editing bays. The arena also is available for meeting space, from a 16-person board room to the entire arena. Private 12,000-square-foot loft featuring four bedrooms, an outdoor hot tub and exercise room, used by the Kroenke family and for visiting dignitaries.
Total construction cost: $180 million+
Public funding used for arena: None.
Funds contributed by the owners of the NBA team: Liberty Media Group, which absorbed original owner Ascent Entertainment Group in 1997, invested $15 million. Additional funding generated through private securities investments.
Arena naming rights deal: $68 million — good through 2019.
