Log Out | Member Center

67°F

76°/58°

Intrust Bank Arena loses money in third quarter

  • The Wichita Eagle
  • Published Wednesday, Nov. 28, 2012, at 10:47 a.m.
  • Updated Wednesday, Feb. 12, 2014, at 10:51 a.m.

The third quarter brought only two events to Intrust Bank Arena — a wrestling spectacle and a Christian concert — and a $577,590 deficit for the period as a result.

Gross building income for the arena was off by $372,249 compared with the same time period last year.

Despite the numbers, Assistant County Manager Ron Holt told Sedgwick County commissioners Wednesday that the arena is in the black for the year with net building income of $175,684.

WWE Raw and Hillsong Live, a church-based musical act, were the only performances from July to September. Attendance at WWE Raw was 3,577, and 3,058 people came to hear Hillsong Live. Fewer people bought tickets, though. Holt said 3,174 tickets were sold for the wrestling event and 2,919 for the concert. The average cost per ticket sold was $38.84 for the wrestling event and $22.55 for the concert.

Arena manager A.J. Boleski said the arena’s fourth quarter looks better with an Oklahoma City Thunder preseason NBA game, which set attendance records for the venue, and a concert by rock band Aerosmith providing marquee events.

The arena netted $389,659 last year, down from its first year of just more than $2 million.

Reach Deb Gruver at 316-268-6400 or dgruver@wichitaeagle.com.

Subscribe to our newsletters

The Wichita Eagle welcomes your comments on news of the day. The more voices engaged in conversation, the better for us all, but do keep it civil. Please refrain from profanity, obscenity, spam, name-calling or attacking others for their views. Please see our commenting policy for more information.

Have a news tip? You can send it to wenews@wichitaeagle.com or consider joining the Public Insight Network and become a source for The Wichita Eagle.

Search for a job

in

Top jobs