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-> In a major boost for downtown Hartford, the University of Connecticut would keep playing basketball and hockey at the newly-renovated PeoplesBank Arena through the spring of 2031, under an agreement that is close to being signed.
A summary of the licensing agreement — recently reviewed by the board of the Capital Region Development Authority — calls for UConn to play at least eight men’s basketball games, seven women’s basketball games and four men’s hockey games a season at the 16,000-seat venue. <-
-> Other provisions are:
* UConn would pay a license fee of $40,500 for each basketball game played at the arena plus a facility fee of $3 for each paid ticket to the game. OVG shall pay UConn $4 for each basketball game attendee over 112,500 for the season.
* UConn would pay a license fee of $20,500 for each hockey game played at the arena plus a facility fee of $2 for each paid ticket to the game. OVG shall pay UConn $4 for each hockey game attendee over 15,000 for the season.
* OVG reserves the right to sell tickets for luxury suites and club spaces that existed before the renovation. UConn shall receive $5 for each club seat attendee for basketball games and $2.50 for each club seat attendee for hockey games.
The licensing agreement would run from Sept. 1, 2025 to April 15, 2031 <-