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Gund Arena –
Address: 1 Center Court
Cleveland OH 44115-4001
Home of: Cleveland Cavaliers (NBA)
Cleveland Rockers (WNBA)
Cleveland Lumberjacks (IHL)
Date opened: 1994
Cost: $152 million
Naming Rights: Team owner Gordon Gund paid $14 million for 20-year
naming rights in 1994.
Capacity: Basketball - 20,562
Club Seats: 2,000
Luxury Suites: 92
Gund Arena, located at 1 Center Court, Cleveland
OH 44115-4001, was built in 1994 and is the home of the Cleveland
Cavaliers of the National Basketball Association as well as the
Cleveland Rockers of the WNBA and the Cleveland Lumberjacks of
the International Hockey League. The stadium cost $152 million
to build and owner Gordon Gund paid $14 million to finance the
stadium and earn the naming rights over the 20-year period. The
arena was also financed through tax-exempt bonds from the county
as well as liquor and cigarette taxes. There is parking available
for 3,300 cars and the stadium is located near Cleveland Hopkins
International Airport. There are also six players who have been
honored by the team through the retirement of their numbers, including
Mark Price (#25), Brad Daugherty (#43), and Larry Nance (#22).
The seating breakdown for Gund Arena offers fans four distinct
levels of seating, all of which have their perks. Floor seats
offer an atmosphere that can’t be duplicated and run as
low as $125 a ticket while lower level seats sell for as little
as $30. Club level seats can be purchased for $45-75 depending
on the location and upper level seats can be bought for as little
as $10 a ticket.
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