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Little Caesars Arena is a multi-purpose arena in Midtown Detroit.Opening on September 5, 2017, the arena, which cost $862.9 million to construct, replaced Joe Louis Arena and The Palace of Auburn Hills as the home of the Detroit Red Wings of the National Hockey League (NHL) and the Detroit Pistons of the National Basketball Association (NBA), respectively.
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A stadium subsidy is a type of government subsidy given to professional sports franchises to help finance the construction or renovation of a sports venue. Stadium subsidies can come in the form of tax-free municipal bonds, cash payments, long-term tax exemptions, infrastructure improvements, and operating cost subsidies. Funding for stadium ...
There are three active major sports venues within the city: 41,782-seat Comerica Park (home of the Detroit Tigers), 65,000-seat Ford Field (home of the Detroit Lions), and Little Caesars Arena (home of the Detroit Red Wings and Detroit Pistons). Detroit is known for its avid hockey fans.
Arena Years used Capacity Opened Location Reference Boston Bruins; Boston Garden: 1928–1995 14,448 1928 Boston, Massachusetts [33] Boston Arena: 1924–1928 5,900 1910 [34] Buffalo Sabres; Buffalo Memorial Auditorium: 1970–1996 16,433 1940 Buffalo, New York [35] Detroit Red Wings (Detroit Falcons) (Detroit Cougars) Joe Louis Arena: 1979 ...
In 1979, Olympia Stadium Corporation became the management company for the newly built Joe Louis Arena, which was owned by the city of Detroit and leased to the Red Wings. Mike and Marian Ilitch bought Olympia Stadium Corporation as part of their 1982 purchase of the Red Wings, and renamed it Olympia Arenas.
Using numbers from a sports research and consulting firm, CNN reported, "Twenty new NFL stadiums have opened since 1997 with the help of $4.7 billion in taxpayer funds." See photos of the 10 most ...
Calihan Hall is a 7,917-seat multi-purpose arena in Detroit. It is home to the University of Detroit Mercy Titans basketball team. The arena opened in 1952. The building was dedicated on May 25, 1952, as the Memorial Building. The first basketball game was played on December 2 of that year when the Titans defeated Kalamazoo College, 75–61.