This browser does not support the Video element.
Admirals sign 10-year lease at Panther Arena; $6.3 million in upgrades in works
Admirals sign 10-year lease at Panther Arena; $6.3 million in upgrades in works
MILWAUKEE -- Milwaukee Admirals Owner/CEO Harris Turer, along with officials with the Wisconsin Center District (WCD), announced Wednesday, March 16th that the team will move to the University of Wisconsin-Milwaukee Panther Arena beginning in the 2016-17 season.
The team has signed a 10-year lease with the WCD, which was approved by a vote of their Board of Directors Wednesday morning.
"What an exciting day it is for our organization, our staff and most importantly our fans," said Turer.
"It's going to be loud in here. It's going to be fun in here. We are going to make this place rock. We do it now in the Bradley Center and I can only imagine with a little bit less of a capacity how that is going to be so much more fun," Jon Greenberg, Milwaukee Admirals president said.
The lease culminates extended negotiations between the Admirals and the building to secure the long-term stability of the franchise. The Admirals currently play 38 home games each season, plus playoff contests, beginning in October and running potentially into June. As part of the lease the Admirals will also invest significant capital into the building. $6.3 million will be invested by the Admirals and the WCD over the next three years.
“We thank the Wisconsin Center District and its Board of Directors for helping to create this partnership which will keep Admirals hockey and entertainment in downtown Milwaukee for the long-term. As an organization, we also look forward to working with the WCD to enhance the Panthers Arena which will create a great home ice advantage for our players and our fans. For the first time, the Admirals will be sharing in the concession revenues that our fans bring to the arena. We will also share in a greater percentage of Admirals merchandise that will be for sale here at the building. And we will be getting improved dates for our schedule," Turer said.
"In the end, we got a deal that's good for the Wisconsin Center District, good for taxpayers, good for the Admirals and really good for Milwaukee," Scott Neitzel, Wisconsin Center District Board chairman said.
The Admirals have a rich history at the Panther Arena, formally known as the MECCA. The team began play there in the mid-1970s when they were a semi-pro team in the USHL and continued through the 1986-87 season. The team continued to call the MECCA home after joining the International Hockey League in 1977 and many of the greatest players in team history called the building home including Danny Lecours, Fred Berry, Dale Yakiwchuk and the team’s all-time winningest coach Phil Wittliff.
The Admirals final regular season home game at the BMO Harris Bradley Center will be Friday, April 15th against the Bakersfield Condors. The Ads have played at the Bradley Center since the building was built by then team-owner Jane Pettit in 1988.
Panther Arena
“The BMO Harris Bradley Center has been a world-class facility for fans and players. Our organization is indebted to Steve Costello and his staff for all of the work they have done to make Admirals hockey a success. However, given future developments in the immediate vicinity of the building, now is the right time for us to make this move to ensure our future success," Turer said.
The University of Wisconsin-Milwaukee Panther Arena is also home to the UWM men’s basketball team and the Milwaukee Wave professional indoor soccer team.
Panther Arena
The Wisconsin Center District (WCD) is a government body created under Wisconsin State Statute in 1994 to fund, build and operate the Midwest Express Center (now Wisconsin Center) in downtown Milwaukee, and continue operating the existing venues now called the UW-Milwaukee Panther Arena and Milwaukee Theatre.
Not a unit of state, county or city government, WCD is instead a semi-autonomous municipality called a "district," meaning its leaders are appointed by elected officials, and it can issue bonds and collect taxes within strict limits established by statute.
Steve Costello, president and CEO of the BMO Harris Bradley Center, released the following statement about the Milwaukee Admirals’ pending move to the UW-Milwaukee Panther Arena:
CLICK HERE for more on this story via the Milwaukee Business Journal.