RENAISSANCE, GLOBAL SPECTRUM INK ARENA PARTNERSHIP;
AS KEY VOTE LOOMS, ARENA GIANT JOINS COYOTES BIDDER
TO ENSURE GLENDALE VENUE’S FINANCIAL SUCCESS
GLENDALE, Ariz. – With a critical City Council vote approaching on the Renaissance Sports & Entertainment (RSE) proposal to manage Jobing.com Arena, RSE today announced a significant addition to its team. Global Spectrum, a worldwide leader in managing and operating sports arenas and stadiums, has agreed to partner with RSE to ensure the financial and promotional success of the Glendale arena.
RSE’s 15-year, annual $15 million arena management proposal – which projects to return an estimated $8.5 million to $11 million in yearly revenues to Glendale – is set to be voted on by the Glendale City Council Tuesday, July 2 at 7 p.m. RSE is the managing partner of IceArizona Acquisition Co., the entity that will purchase the Phoenix Coyotes.
Global Spectrum is a subsidiary of the internationally recognized sports and entertainment firm Comcast-Spectacor, which also owns, among many other businesses, the Philadelphia Flyers of the National Hockey League. Global Spectrum manages the Wells Fargo Center, home of the Flyers, and the University of Phoenix Stadium, home of the Arizona Cardinals. The company manages 113 facilities around the world.
Anthony LeBlanc, a partner with RSE, called the agreement with Global Spectrum the perfect addition to an already world-class team.
“As owners of an NHL franchise and operators of the arena in which they play, we are confident that they will do amazing things for us in Glendale,” said LeBlanc. “It’s difficult to imagine a better partner than Global Spectrum.”
“Combining Global Spectrum’s management of the stadium next door with the efforts at the arena creates unique operating efficiencies that will be financially beneficial to both venues,” said Comcast-Spectacor President Peter Luukko. “With opportunities to combine our efforts, we can maximize opportunities for our teams, our customers and guests while significantly reducing expenses.”
Added Luukko: “For any arena or stadium in a major market to be successful, it needs to have a major league sports team.
“At the University of Phoenix Stadium, the Arizona Cardinals and the Fiesta Bowl are the anchor tenants. We have been extremely successful attracting events such as international sporting events, trade shows, concerts, and large-size events to the stadium’s schedule, making that venue one of the most heavily booked and successful stadiums in the world. By booking around the Coyotes schedule at Jobing.com Arena, we are certain we will see similar success.
“Based on our expertise of booking similar-size venues around the world, we are confident we can do great things together at Jobing.com Arena,” added Luukko. “We are thrilled to be added to this great partnership and to be working with RSE on their commitment to keeping the National Hockey League in Glendale. We believe NHL hockey is an integral part of the success of Jobbing.com Arena and the surrounding development.”
In addition to managing the University of Phoenix Stadium in Glendale, Global Spectrum (global-spectrum.com) manages more than 110 other public assembly facilities around the world. Nearly 20-million people attended more than 11,000 events in Global Spectrum venues last year. Based in Philadelphia, PA, Global Spectrum is part of Comcast-Spectacor, one of the world’s largest sports and entertainment companies. Comcast-Spectacor also owns the Philadelphia Flyers of the National Hockey League, Ovations Food Services, a food and beverage services provider, New Era Tickets, a full-service ticketing and marketing product for public assembly facilities, Paciolan, the leading provider of venue establishment ticketing, fundraising and marketing technology solutions, Front Row Marketing Services, a commercial rights sales company, and Flyers SkateZone, a series of community ice skating rinks.