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Hotel removed from arena plan
Courier - Journal - Louisville, Ky.
Subjects: Museums; Architecture; Stadiums; Naming rights; Municipal bonds; Government agencies; Architects
Date: May 22, 2007
Start Page: A.1
Section: News
Abstract (Document Summary)

The University of Louisville's basketball teams will be the main tenants of the arena, but the 22,000-seat building is being designed for broad use - including conventions, ice shows and collegiate sports championships. The arena will make an average of $9.2 million a year in rent, merchandise, concessions and other revenues, including a $2 ticket tax on every U of L men's basketball game, during its first 30 years, according to the report by Leib Advisors.

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