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Paycom Center
Paycom Center (originally known as the Ford Center from 2002 to 2010, Oklahoma City Arena from 2010 to 2011, and Chesapeake Energy Arena from 2011 to 2021) is an arena located in Downtown Oklahoma City, Oklahoma, United States. It opened in 2002 and since 2008 has served as the home venue for the National Basketball Association (NBA)'s Oklahoma City Thunder. Previously, the arena was home to the Oklahoma City Blazers of the Central Hockey League (CHL) from 2002 until the team folded in July 2009, and the Oklahoma City Yard Dawgz of AF2 from 2004 to 2009 when the team moved to the Prairie Surf Studios. In addition to its use as a sports venue, Paycom Arena hosts concerts, family and social events, conventions, ice shows, and civic events. The arena is owned by the city and operated by the SMG property management company and has 18,203 seats in the basketball configuration, 15,152 for hockey, and can seat up to 16,591 for concerts. From 2005 to 2007, the arena also served as the ...
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Oklahoma City
Oklahoma City (), officially the City of Oklahoma City, and often shortened to OKC, is the capital and largest city of the U.S. state of Oklahoma. The county seat of Oklahoma County, it ranks 20th among United States cities in population, and is the 8th largest city in the Southern United States. The population grew following the 2010 census and reached 687,725 in the 2020 census. The Oklahoma City metropolitan area had a population of 1,396,445, and the Oklahoma City– Shawnee Combined Statistical Area had a population of 1,469,124, making it Oklahoma's largest municipality and metropolitan area by population. Oklahoma City's city limits extend somewhat into Canadian, Cleveland, and Pottawatomie counties, though much of those areas outside the core Oklahoma County area are suburban tracts or protected rural zones (watershed). The city is the eighth-largest in the United States by area including consolidated city-counties; it is the second-largest, after Houston, not i ...
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Arena
An arena is a large enclosed platform, often circular or oval-shaped, designed to showcase theatre, musical performances, or sporting events. It is composed of a large open space surrounded on most or all sides by tiered seating for spectators, and may be covered by a roof. The key feature of an arena is that the event space is the lowest point, allowing maximum visibility. Arenas are usually designed to accommodate a multitude of spectators. Background The word derives from Latin ', a particularly fine-grained sand that covered the floor of ancient arenas such as the Colosseum in Rome, Italy, to absorb blood.. The term ''arena'' is sometimes used as a synonym for a very large venue such as Pasadena's Rose Bowl, but such a facility is typically called a ''stadium'', especially if it does not have a roof. The use of one term over the other has mostly to do with the type of event. Football (be it association, rugby, gridiron, Australian rules, or Gaelic) is typically pl ...
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Metropolitan Area Projects Plan
Metropolitan Area Projects Plan (MAPS) is a multi-year, municipal capital improvement program, consisting of a number of projects, originally conceived in the 1990s in Oklahoma City by its then mayor Ron Norick. A MAPS program features several interrelated and defined capital projects, funded by a temporary sales tax (allowing projects to be paid for in cash, without incurring debt), administered by a separate dedicated city staff funded by the sales tax, and supervised by a volunteer citizens oversight committee. In some ways, a MAPS program is similar to a local option sales tax. However, taxes collected by a MAPS program do not go to a city's general fund, but are instead deposited into a trust dedicated to the specific projects identified in the taxes' enabling ordinance. Additionally, MAPS programs are only indirectly controlled by a city's elected governance body; a citizens oversight committee provides direct oversight, which is also established by the enabling ordinance. ...
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Car Dealership
A car dealership, or car dealer, is a business that sells new or used cars, at the retail level, based on a dealership contract with an automaker or its sales subsidiary. Car dealerships also often sell spare parts and automotive maintenance services. History of car dealerships in the United States The early cars were sold by automakers to customers directly or through a variety of channels, including mail order, department stores, and traveling representatives. For example, Sears made its first attempt at selling a gasoline-engined chain-drive high-wheeler in 1908 through its mail-order catalog and starting in 1951 the Allstate through select its stores and the catalog. The first dealership in the United States was established in 1898 by William E. Metzger. Today, direct sales by an automaker to consumers are limited by most states in the U.S. through franchise laws that require new cars to be sold only by licensed and bonded, independently owned dealerships. The f ...
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Naming Rights
Naming rights are a financial transaction and form of advertising or memorialization whereby a corporation, person, or other entity purchases the right to name a facility, object, location, program, or event, typically for a defined period of time. For properties such as multi-purpose arenas, performing arts venues, or sports fields, the term ranges from three to 20 years. Longer terms are more common for higher profile venues such as professional sports facilities. The distinctive characteristic for this type of naming rights is that the buyer gets a marketing property to promote products and services, promote customer retention and/or increase market share. There are several forms of corporate sponsored names. For example, a ''presenting sponsor'' attaches the name of the corporation or brand at the end (or, sometimes, beginning) of a generic, usually traditional, name (e.g. Mall of America Field at Hubert H. Humphrey Metrodome); or, a ''title sponsor'' replaces the origin ...
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Expansion Team
An expansion team is a new team in a sports league, usually from a city that has not hosted a team in that league before, formed with the intention of satisfying the demand for a local team from a population in a new area. Sporting leagues also hope that the expansion of their competition will grow the popularity of the sport generally. The term is most commonly used in reference to the North American major professional sports leagues but is applied to sports leagues in other countries with a closed franchise system of league membership. The term refers to the expansion of the sport into new areas. The addition of an expansion team sometimes results in the payment of an expansion fee to the league by the new team and an expansion draft to populate the new roster. Reasons for expansion In North America, expansion often takes place in response to population growth and geographic shifts of population. Such demographic change results in financial opportunities to engage with the ...
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Relocation Of Professional Sports Teams
Relocation of professional sports teams occurs when a team owner moves a team, generally from one metropolitan area to another, but occasionally between municipalities in the same conurbation. The practice is most common in North America, where a league franchise system is used and the teams are overwhelmingly privately owned. Owners who move a team generally do so seeking better profits, facilities, fan support, or a combination of these. North America Unlike most professional sport systems worldwide, North America does not have comprehensive governing bodies whose authority extends from the amateur to the highest levels of a given sport. North American sports generally do not operate a system of promotion and relegation in which poorly performing teams are replaced with teams that do well in lower-level leagues. A city wishing to get a team in a major professional sports league can wait for the league to expand and award new franchises. However, such expansions are infre ...
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Hurricane Katrina
Hurricane Katrina was a destructive Category 5 Atlantic hurricane that caused over 1,800 fatalities and $125 billion in damage in late August 2005, especially in the city of New Orleans and the surrounding areas. It was at the time the costliest tropical cyclone on record and is now tied with 2017's Hurricane Harvey. The storm was the twelfth tropical cyclone, the fifth hurricane, and the third major hurricane of the 2005 Atlantic hurricane season, as well as the fourth-most intense Atlantic hurricane on record to make landfall in the contiguous United States. Katrina originated on August 23, 2005, as a tropical depression from the merger of a tropical wave and the remnants of Tropical Depression Ten. Early the following day, the depression intensified into a tropical storm as it headed generally westward toward Florida, strengthening into a hurricane two hours before making landfall at Hallandale Beach on August 25. After briefly weakening to tropical storm strength ...
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New Orleans
New Orleans ( , ,New Orleans
.
; french: La Nouvelle-Orléans , es, Nueva Orleans) is a consolidated city-parish located along the in the southeastern region of the U.S. state of Louisiana. With a population of 383,997 according to the 2020 U.S. census,
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New Orleans Arena
Smoothie King Center (locally referred to as SKC) is a multi-purpose list of indoor arenas, indoor arena in New Orleans, Louisiana. It is located in the city's Central Business District, New Orleans, Central Business District, adjacent to Caesars Superdome. The arena opened in 1999 as New Orleans Arena and has been home to the New Orleans Pelicans of the National Basketball Association (NBA) since 2002. The New Orleans VooDoo of the Arena Football League played their home games in the arena from 2004 until the team disbanded in 2008. The VooDoo resumed play at the arena in March 2011, until after the 2015 Arena Football League season, 2015 AFL season when the franchise folded. Arena information The arena was completed in 1999 at a cost of $114 million and officially opened on October 19, 1999. The arena seats 17,805 for concerts, 16,867 for New Orleans Pelicans, Pelicans games, 18,500 for college basketball and Pelicans playoff games, and 16,900 for ice hockey and arena football. ...
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New Orleans Hornets
New is an adjective referring to something recently made, discovered, or created. New or NEW may refer to: Music * New, singer of K-pop group The Boyz Albums and EPs * ''New'' (album), by Paul McCartney, 2013 * ''New'' (EP), by Regurgitator, 1995 Songs * "New" (Daya song), 2017 * "New" (Paul McCartney song), 2013 * "New" (No Doubt song), 1999 *"new", by Loona from '' Yves'', 2017 *"The New", by Interpol from ''Turn On the Bright Lights'', 2002 Acronyms * Net economic welfare, a proposed macroeconomic indicator * Net explosive weight, also known as net explosive quantity * Network of enlightened Women, a conservative university women's organization * Next Entertainment World, a South Korean film distribution company Identification codes * Nepal Bhasa language ISO 639 language code * New Century Financial Corporation (NYSE stock abbreviation) * Northeast Wrestling, a professional wrestling promotion in the northeastern United States Transport * New Orleans Lakefront ...
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SMG (property Management)
SMG was an American worldwide venue management group headquartered in West Conshohocken, Pennsylvania, that specialized in managing publicly owned facilities. It began their operation in 1977 with management of the Louisiana Superdome. It was one of the largest property management corporations in the world. SMG was a joint venture in general partnership form with two equal principals, The Hyatt Hotel Company and Aramark Corporation. SMG was bought by American Capital in 2007 for US$631 million, and American Capital was sold to Ares Management in January 2017. Ares Management sold SMG to Onex Corporation in 2017. In October 2019, SMG and AEG Facilities The Anschutz Entertainment Group (AEG), also known as AEG Worldwide, is an American global sporting and music entertainment presenter and a subsidiary of The Anschutz Corporation. It is the world's largest owner of sports teams and sports even ... merged to make a new company called ASM Global. Properties managed Arenas ...
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