Our class conversations and lectures on the financing of professional stadiums/arenas have led me to investigate basketball arenas of a perennial powerhouse basketball conference, the SEC. I looked at the following factors: 1. age of arena, 2. number of luxury suites, 3. Number of seats, and 4. naming rights of arena. Below you will find my results of each arena.
|
Arena |
School | Age | # Luxury Suites | # of seats | Naming rights |
| Rupp Arena | KY | 30 | 0 | 23,000 | none |
| Beard – Eaves | Auburn | 38 | 0 | 15,043 | None |
| Bud Walton Arena | Arkansas | 14 | 0 | 19,200 | Sort of |
| Coleman Coliseum | Alabama | 39 | 0 | 15,043 | None |
| Colonial Center |
S. Carolina | 4 | 41 | 19,000 | Colonial Life |
| Pete Maravich Assm | LSU | 34 | 0 | 13,472 | none |
| Tad Smith Coliseum | Ole Miss | 40 | 0 | 8,700 | none |
| Thompson – Boiling Arena | Tennessee | 19 | 0 | 24,535 | none |
Given the above information, I think it’s obvious that new arenas are just a matter of time. Schools of the SEC are sure to follow South Carolina’s lead and build luxury suites, sell naming rights, and make arenas more fan friendly. Universities will simply not be able to afford to pass up the lost revenue that new facilities will generate. A large portion of these arenas are several decades old and in a conference were each schools is looking to one up the other. College football started this trend about a decade ago and now the time is here for a new era in college basketball.