![]() ![]() As part of the renovation agreement, the organization can exercise an option to remain tenants until 2042.Īccording to The Arizona Republic, if the Suns break the lease before 2037, the team could be hit with a $200 million fine. Phoenix Suns Schedule With Rally The Valley still echoing throughout the city, the Phoenix Suns returned to the newly renovated Footprint Center for the 2022-2023 season. The Suns renewed their lease with the city, who owns the building, six months ago, and the current contract runs out in 2037. As part of the agreement, the Suns are also privately funding a new state-of-the-art practice facility in Phoenix, which will cost in the range of $45-50 million. "We reimaged the whole entrance to the arena … that's going to turn into a sports bar with an 8,500-square foot video wall, and that'll be the hub of activity in the building."Īccording to details of the project, the City of Phoenix will contribute $150 million to the renovations while the team will add $80 million. "The sound system, the lighting system we're putting all new seats in the bowls," Suns Managing Partner and Western Alliance Bancorporation Executive Chairman Robert Sarver told CNBC in an interview. Personal Loans for 670 Credit Score or Lower Washington Street, Phoenix, Arizona 85034 Ticket Policy for the 2023 Season All digital tickets will be accessible through the Phoenix Rising app on your phone. ![]() ![]() Personal Loans for 580 Credit Score or Lower Since 1989 and including construction, Phoenix has spent about 80 million on the arena and the Suns have spent 150 million the inverse of the proposed renovation deal. Footprint Center host concerts, sporting events and special events. Best Debt Consolidation Loans for Bad Credit Footprint Center is located in the heart of downtown Phoenix, AZ. ![]()
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