ARCO Arena (1985)
The Madhouse on Market Street | |
Former names | Sacramento Sports Arena |
---|---|
Location | 1625 North Market Boulevard, Sacramento, California |
Coordinates | 38°38′50″N 121°29′55″W / 38.647303°N 121.498531°W |
Owner | Buzz Oates Group of Companies |
Operator | Buzz Oates Group of Companies |
Capacity | 10,333 |
Construction | |
Broke ground | 1984 |
Opened | 1985 |
Closed | 1988 (converted to office building) |
Construction cost | $12 million |
Tenants | |
Sacramento Kings (NBA) (1985–1988) |
ARCO Arena (originally called the Sacramento Sports Arena and sometimes referred to as the Original ARCO Arena or ARCO Arena I to distinguish it from its
The idea to move the Kings to the building was first pitched in late 1984, with the building being described as a "warehouse under construction" by the
Located north of Sacramento's downtown, ARCO Arena was nicknamed "The Madhouse on Market Street", and Kings games in this small venue were 100% sold out.[4] Its official name of "ARCO Arena" is believed to be the first example of an NBA team selling naming rights to a brand new facility: in this case, rights were sold to the Atlantic Richfield Company, which is now a subsidiary of Marathon Petroleum. The Kings sold the naming rights for $5 million over ten years in August 1985, which included the naming rights for the new arena.[5][6]
The Kings left this building in 1988 to move to the new
References
- ^ "The Event takes Center Court". Sacramento Bee. September 12, 1985. p. ST3.
- ^ "Chacon to headline first arena fight card". Sacramento Bee. September 11, 1985. p. C1.
- ^ "Kings owners seek permit for sports arena". Sacramento Bee. December 13, 1984. p. A1.
- ^ Moore, Athen; Resnick, Erika; Sebiskveradze, Koba; Wexler, Orin. "BIGGER THAN BASKETBALL: The fight to save the Sacramento Kings" (PDF).
- ^ "Kings Arena". Sacramento Bee. October 13, 1985. p. B1.
- ^ "$5 million ad deal puts ARCO's name on new arena". Sacramento Bee. August 21, 1985. p. A1.