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May 4, 2012
1. American Airlines Center - $420 (M)
2. Staples Center - $375 (M)
3. Prudential Center - $375 (M)
4. Consol Energy Center - $321 (M)
5. Bell Centre - $270 (M)
6. Air Canada Centre - $265 (M)
7. Verizon Center - $260 (M)
8. Wells Fargo Center - $210 (M)
9. Bank Atlantic Center - $185 (M)
10. Jobing.com Arena - $180 (M)
11. United Center - $175 (M)
12. Nationwide Arena - $175 (M)
13. Scotiabank Place - $170 (M)
14. HP Pavilion - $162.5 (M)
15. Rogers Arena - $160 (M)
16. Pepsi Center - $160 (M)
17. TD Garden - $160 (M)
18. PNC Arena - $158 (M)
19. Bridgestone Arena - $144 (M)
20. Tampa Bay Times Forum - $139 (M)
21. Scottrade Center - $135 (M)
22. MTS Centre - $133.5 (M)
23. Xcel Energy Center - $130 (M)
24. First Niagara Center - $127.5 (M)
25. Honda Center - $123 (M)
26. Madison Square Garden - $123 (M)
27. Scotiabank Saddledome - $97.7 (M)
28. Joe Louis Arena - $57 (M)
29. Nassau Veterans Memorial Coliseum - $31 (M)
30. Rexall Place - $17.3 (M)
Summary
Of the 30 NHL arenas listed, it's important to note that some of the venues were constructed with Canadian dollars. I didn't convert those costs into what they would cost in American dollars. It's obvious that the older NHL arenas such as Nassau Coliseum (Islanders) and Joe Louis Arena in Detroit (Red Wings) had meager construction costs only because they were built many years ago.
Why did the American Airlines Center cost so much to erect? I would have to guess because the plaza is complete with retail and office spaces. Implementing businesses into a sports complex is a bright idea. It encourages a corporate presence and also encourages many of the businesses to attend games after work with clients and guests.
After the second phase of renovations to Madison Square Garden is completed this Summer, their ownership will have spent more than 850 million dollars on the arena's facelift. While the renovation costs seem outrageous, MSG is the oldest NHL arena and the ownership has no intentions of constructing a new arena for the Rangers and Knicks.
Of the 30 NHL arenas, the Staples Center is the only venue that is home to three professional sports franchises; the Kings, Clippers and Lakers. Additionally, 10 of 30 NHL arenas also host an NBA franchise.
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