Intrust Bank Arena $7,431 in the red for first half of 2014
08/13/2014 11:09 AM
08/14/2014 7:32 AM
Intrust Bank Arena is $7,431 in the red for the year through June, Sedgwick County Assistant Manager Ron Holt told commissioners Wednesday.
The second quarter netted $34,059, but year-to-date through June, the arena is in the hole.
Holt said the arena is “heading in the right direction,” however. The arena was down $41,490 in its first quarter.
Last year’s second quarter came in at $71,445 in the red, but through June 2013, the arena had a positive balance at $301,153.
The arena played host to 68 performances through June, Holt said. Those included nine concerts, 11 family shows, five sporting events, the Wichita Ribfest and 18 Wichita Thunder hockey games.
An April 4 performance by country singer George Strait drew the most concertgoers with 14,400. That concert had the highest gross ticket sales at more than $1.3 million and an average ticket cost of $91.36.
James Taylor drew an audience of 5,715 on June 20 and brought in $364,545 in gross ticket sales with an average ticket cost of $66.15. Styx and Foreigner played May 14 with an audience of 5,304 and gross ticket sales of $230,061. The average ticket cost was $43.52.
Total attendance at second-quarter events was 50,988 with gross ticket sales of more than $2.3 million and an average ticket cost of $51.66. The average attendance per performance was 8,498.
Upcoming events at the arena include the Oklahoma City Thunder game against the Toronto Raptors on Oct. 17, a concert by Cher on Nov. 3 and a performance by Eric Church on Dec. 4.
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