An NBA All-Star and championship winning team like the Warriors deserves to have the best of the best. The new Chase Center arena is just a taste of what the sweet glory of victory can bring.
After playing in the Oracle arena since 1996, the Warriors are ready to move on to bigger and better things. Introducing the Chase Center, a new arena that's worthy of the Warriors:
The Chase Center could bring the #Warriors an extra $55m-$60m every year. That doesn't even include the reported £300m+ from the PSL issue or revenue from the office and retail space, and 200+ non-NBA events at Chase Center #DubNation @ForbesSports https://t.co/8H7iK8tHLw— Patrick Murray (@PatrickMurray23) September 10, 2018
Opening in the fall of 2019, the Chase Center is a massive arena that looks to bring in huge profits for the team. The arena looks to being in $60 million per year in basketball revenue alone, which is unheard of.
The naming rights, corporate seats and ticket sales all add up to a profitability of $55-60 million for the team. The biggest ticket is a naming rights deal that amounts to $300 million over 20 years.
Chase Center, on time to open next Fall, is preparing for its final year of construction milestones, before opening in September of 2019. pic.twitter.com/WL6jOasSf5— Chase Center (@ChaseCenter) September 4, 2018
Not much has been released regarding the full extent of the amount of revenue the arena will bring in outside of basketball. The main focus for the team right now is to stay together and win championships, no matter what the tax bill may be.
The Warriors will be moving in before the start of the 2019-20 season.