News Columns & Blogs

Arena making money, not losing it

Even die-hard opponents of Intrust Bank Arena have to be pleased that the arena netted more than $2 million in its first year. Sedgwick County Commissioner Karl Peterjohn noted at Wednesday's commission meeting that the profit doesn't include the cost of depreciation, as a private company's income statement would. But a main concern of opponents was that the arena would be a white elephant that drained the county's budget. So far that's not happening. Also, the predicted nightmare traffic problems never happened. And though the arena likely benefited from an initial honeymoon period, it is continuing to book top-flight acts, which should help it cover its operating costs.