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How Does A Sports Arena Generate Income

 
Posted July 21st, 2014 @ 8:57pm by Chuck LaTour, WOOD Radio news team

The Detroit Red Wings have finally released the designs for its new hockey arena / entertainment complex development for the area just north of Comerica Park.

Red Wings management say the new complex will re ignite growth and excitement in the city, provide jobs and give the team's fans a new building to be proud of. There are others who say the team is taking advantage of public money at a time when the city of Detroit is mired in bankruptcy.

So, how does an arena make money. Check out this story on the Staples Center in Los Angeles. Here is where the money goes.

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