Addition Financial Arena Explained

Addition Financial Arena
Nickname:"The Dungeon"[1]
Logo Image:Addition Financial Arena Logo.svg
Former Names:CFE Arena
UCF Arena
UCF Convocation Center
Address:12777 Gemini Blvd N
Location:Orlando, Florida, U.S.
Broke Ground:2006
Owner:University of Central Florida
Operator:Spectra Experiences[2]
Surface:Multi-surface
Cost:$107 million[3]
Architect:HOK Sport Venue Event[4] [5]
Structural Engineer:Bliss & Nyitray, Inc.
Services Engineer:Smith Seckman Reid, Inc.[6]
General Contractor:KUD International
Capacity:Sports[7]
Basketball: 9,432
MMA/Boxing: 10,000
Publictransit:UCF Transit Center,

Addition Financial Arena (formerly known as CFE Arena and UCF Arena) is a sports and entertainment arena located near Orlando in Orange County, Florida, United States, on the main campus of the University of Central Florida. It was constructed beginning in 2006 as a replacement for the original UCF arena, and as a part of Knights Plaza. The arena is home to the UCF Knights men's and women's basketball teams. The arena also hosted the annual Science Olympiad in 2012 and 2014.

The arena is 252000square feet and boasts a capacity of over 9,400 for basketball, and has 17 luxury suites.[7] As of January 2022, the attendance record for the arena is 10,011, the arena's first and only ever sellout crowd, for a March 22, 2017 NIT Quarterfinals matchup with the Illinois Fighting Illini. The theater can be configured for concerts, family events, musical theatre, commencements, and other stage shows and sporting events. Local high schools often host graduations at the arena. One of UCF's biggest events, Knight-Thon, is also held at the arena. The fundraiser is a dance marathon which raises money for Children's Miracle Network. The Addition Financial Arena is owned by the university, and is managed by Oak View Group.

Original arena

See main article: The Venue at UCF. The arena was originally built in 1991 with a capacity of 5,100 and was home to men's basketball, women's basketball, and volleyball, and was also used for events such as concerts and commencements. It has hosted the Atlantic Sun Conference men's basketball tournament three times, in 1994, 1995, and 2002. The last basketball game played in the original facility was on March 3, 2007, when the UCF men's team beat the East Carolina Pirates, 77–64, in Conference USA play.

While basketball moved into the new arena, the men's and women's volleyball teams continue to play their regular-season games at the Venue.

The Venue's upper deck also serves as the Men's and Woman's basketball teams' practice facility courts.

History

A new arena was built 2007, as part of a larger project to create an athletic village known as Knights Plaza. The new arena, built in the space in front of the original arena, is double the seating capacity of its predecessor, including 7,479 fixed standard seats, 500 club seats, 1,328 retractable seats, 188 disabled seats, 16 luxury suites (seating capacity 192, total capacity 256), two party suites (total capacity 60) and loge box seating for 64. According to the promoters' guide, the new arena has a basketball capacity of 9,465, and can hold up to 10,072 for concert events. The student section has been dubbed the "Knightmare."[4]

The new arena was completed in September 2007 and is the home to both the men's and women's basketball teams. This expansion made the Addition Financial Arena the second largest arena complex in Orlando. Beginning in 2008, the grounds around arena hosted "Light Up UCF", a holiday celebration that features an outdoor ice skating rink. For the event, the arena is decorated with thousands of lights that are synchronized to holiday music.[8]

In October 2008, the Addition Financial Arena was home to one of the largest Presidential Debate Watch Parties ever. On the front lawn of the arena the Presidential Debate was projected onto a large inflatable movie screen while a Lupe Fiasco concert was taking place inside the arena. The Presidential Debate, which was the final debate of the election, was then replayed for the thousands of attendees as they were leaving the concert. Lupe Fiasco actually acknowledged that the debate would be shown after the show and encouraged the attendees to stay and watch it because of the significance of the election.

In 2010, the Legends Football League team Orlando Fantasy played at the arena. In 2014, it served as the home of the Orlando Predators of the Arena Football League.

On May 18–19, 2012, the arena hosted the Opening and Closing Ceremonies of the 2012 Science Olympiad National Tournament.

In addition to its use as a basketball arena, the arena is regularly used to host other events on campus, including career fairs, graduation ceremonies, concerts, and public speakers. Addition Financial Arena has increasingly been used in recent years as an alternative to the much larger Amway Center in downtown Orlando.

Professional wrestling promotion All Elite Wrestling held an episode of their weekly television show AEW Dynamite at the arena on October 23, 2021. AEW would return to the arena to hold three shows in a three day span, March 4, 2022 to March 6, 2022. AEW held an episode of their other weekly show AEW Rampage, a fan fest, and then their PPV AEW Revolution [9] In December 2024 AEW Worlds End will be held at the arena.

Naming

UCF expressed interest numerous times in selling the naming rights to the arena. At one point, AirTran Airways was in negotiations to purchase naming rights, but no agreement was ever reached. On May 22, 2013, the UCF Board of Trustees officially announced that the school had entered into a naming rights contract with CFE Federal Credit Union, which has had a long-standing history with UCF.[10] The deal was slated for seven years and was worth $3.95 million, or $564,285.72 per year.[11] The new name took effect on May 23, 2013.

On May 1, 2019, CFE changed its name to Addition Financial and, coinciding with the change, the arena's name changed from CFE Arena to Addition Financial Arena on the same date.[12] The arena's naming rights deal was not affected by the sponsor's name change.

On August 18, 2022, UCF announced that Addition Financial had extended their naming rights for the facility through 2034. The 12-year extension is worth $20 million.[13]

Events

The arena holds many different types of events every year. This included graduation ceremonies, sports, award ceremonies, concerts, and more. In 2013, the arena hosted 356 events and served 394,121 attendees.[14] The arena hosts the annual FIRST Robotics Competition Orlando Regional every year in March, one of the largest FIRST events outside of their World Finals event. It ranked fifth in university venues in the U.S. in 2014 in terms of gross ticket sales and attendance.[15]

Entertainment

Addition Financial Arena has hosted concerts by high-profile musicians such as Lady Gaga, Katy Perry, Elton John, Drake and more. The arena also served as the venue for the University of Central Florida's series of annual entertainment events for their students like the Homecoming Concert Knight, Comedy Knight, KnightFest or Pegasus Palooza.

List of entertainment events held at Addition Financial Arena
width=11% style="text-align:center;Datewidth=12% style="text-align:center;Artistwidth=12% style="text-align:center;Opening act(s)width=16% style="text-align:center;Tour / Concert namewidth=9% style="text-align:center;Attendancewidth=9% style="text-align:center;Revenuewidth=15% style="text-align:center;Notes
September 8, 2007 First show at the venue[16]
November 1, 2007
November 10, 2007 9,921 / 9,921 Venue's first sold-out show and largest concert attendance as of 2017
February 23, 2008 Call Me Irresponsible Tour 8,897 / 8,897 $582,636
March 28, 2008 7,765 / 7,765 $284,805
April 29, 2008 Live Your Light Tour 5,537 / 7,668 $348,169
May 18, 2008 The Red Carpet Massacre Tour
October 18, 2008
November 14, 2008 Fernando Lima and Mario Frangoulis were the special guests
December 13, 2008 Carnival Ride Tour
January 24, 2009 5,553 / 6,608 $308,655
February 18, 2009
March 4, 2009
April 22, 2009
October 1, 2009
January 3, 2010 6,753 / 6,785 $283,886
April 21, 2010 7,947 / 8,000 $79,735
August 28, 2010 3,436 / 4,588 $179,085
September 5, 2010 7,300 / 8,002 $199,564
October 10, 2010 3,441 / 6,525 $147,014
March 5, 2011Kid RockBorn Free Tour[17]
April 20, 2011 Campus Consciousness Green Carpet Tour
May 22, 2011 2,612 / 4,500 $167,496
June 9, 2011 7,792 / 7,792 $350,640
August 24, 2011 Taste of UCF Concert
October 22, 2011 DJ Wizz Kid Black and Gold Revolution Homecoming Concert Knight 823 / 823 $16,460
December 4, 2011 So Beautiful or So What Tour 2,805 / 4,000 $210,140
January 21, 2012 5,443 / 5,988 $179,007
January 27, 2012
February 17, 2012 Believe Tour 2,219 / 5,159 $109,328
February 4, 2012 On Fire Tour 6,513 / 7,110 $306,376
February 24, 2012 Come to the Well Tour 5,135 / 7,587 $129,851
September 2, 2012 DJ Demp Back to School Labor Day Concert Lundo, Andrew Floyd, Big Head were the special guests
October 26, 2012 Last of a Dyin' Breed Tour 2,669 / 5,581 $84,650
October 27, 2012 UCF Homecoming Concert 2012 3,522 / 7,510 $6,720
November 30, 2012 The 2050 Tour
April 9, 2013 VERGE Tour
May 15, 2013 16,258 $940,000
May 16, 2013
May 17, 2013
May 18, 2013
May 19, 2013
September 19, 2013
September 23, 2013
October 8, 2013 Sigur Rós World Tour 1,700 / 3,000 $62,989
October 11, 2013 TeamMate
November 5, 2013
October 14, 2014 Five Finger Death Punch and Volbeat Fall Tour 5,901 / 7,656 $239,867
October 20, 2014 No Genre Tour
(UCF Homecoming 2014: Concert Knight)
February 26, 2015 KnightFest 2015
October 15, 2015
November 7, 2015
January 28, 2016 North American Tour 2016 7,871 / 8,116 $613,421
March 31, 2016 KnightFest 2016
April 14, 2016 Us The Duo
AJ Lehrman
6,961 / 7,470 $388,055
May 16, 2016 Spring Stand Up Comedy Tour 2016 4,450 / 4,725 $203,947
June 4, 2016 6,308 / 7,660
July 6, 2016
September 18, 2016 6,230 / 6,515 $258,079
November 10, 2016 I'm Comin' Over Tour 4,450 / 4,725 $203,947
March 17, 2017 The Very Next Thing Tour
March 30, 2017 Knights of the Turn Tables KnightFest 2017
April 25, 2017 tosh.show 6,869 / 7,681 $270,665
August 22, 2017 Throttle Pegasus Palooza 2017
August 30, 2017 Set It Off Tour
October 12, 2017 UCF Homecoming: Concert Knight 2017
December 31, 2017
May 17, 2018 2018 A Moment Apart Tour
August 21, 2018 Metro Boomin Live at UCF
November 8, 2018 UCF Homecoming: Concert Knight 2018
December 7, 2018 Tee Grizzley
BlocBoy JB
La4ss
Migos Live in Concert
January 25, 2019 First Love World Tour 4,514 / 6,395 $189,989
February 10, 2019 100% Fresher Tour Rob Schneider was the special guest
April 1, 2019 8 Letters Tour
October 12, 2019 Burn the Ships Tour

See also

External links

Notes and References

  1. Web site: Knights welcome struggling Hatters to UCF Dungeon. Central Florida Future. July 27, 2009. dead. https://web.archive.org/web/20110708133035/http://www.centralfloridafuture.com/2.10659/knights-welcome-struggling-hatters-to-ucf-dungeon-1.1433539. July 8, 2011. mdy-all.
  2. Web site: Global Spectrum – University of Central Florida CFE Arena, Orlando, Florida. Global Spectrum. July 27, 2009.
  3. Web site: UCF Convocation Center. UCF Athletics Association. July 27, 2009. https://web.archive.org/web/20090817222856/http://ucfathletics.cstv.com/facilities/convocation-center.html. August 17, 2009. dead. mdy-all.
  4. Web site: CFE Arena Bio . UCF Athletics Association . July 27, 2009 . dead . https://web.archive.org/web/20110708212120/http://ucfathletics.cstv.com/ot/new-arena-dev.html . July 8, 2011 .
  5. Web site: University of Central Florida Convocation Center. August 5, 2010. Populous. https://web.archive.org/web/20100119163210/http://portfolio.populous.com/projects/unicfarena.html. January 19, 2010. dead.
  6. Web site: UCF Convocation Center Orlando, FL. Randall Mechanical, Inc.. February 11, 2015.
  7. Web site: THE CFE ARENA AT THE UNIVERSITY OF CENTRAL FLORIDA PROMOTER'S GUIDE. https://web.archive.org/web/20190329115849/http://www.cfearena.com/pdf/CFE_Arena_Promoters_Guide_2018.pdf. dead. March 29, 2019. UCF Athletics Association. July 27, 2009.
  8. http://www.ucfarena.com/index.php?option=com_content&view=article&id=55&Itemid=101 Light Up UCF
  9. Web site: Ounpraseuth. Jason. October 23, 2021. AEW Saturday Night Dynamite Results: Cody Rhodes Vs. Malakai Black III. live. December 16, 2021. Wrestling Inc.. en-us. https://web.archive.org/web/20211024003458/https://www.wrestlinginc.com/news/2021/10/aew-saturday-night-dynamite-live-coverage-cody-rhodes-vs-malakai-black-iii/ . October 24, 2021 .
  10. News: Zunz. Andy. UCF announces naming rights deal for Arena. Central Florida Future. May 24, 2013. dead. https://web.archive.org/web/20130907173210/http://www.centralfloridafuture.com/sports/ucf-announces-naming-rights-deal-for-arena-1.2828662#.UZ-jeGTwI7o. September 7, 2013. mdy-all.
  11. Web site: UCF arena named after CFE Federal Credit Union . Ordway . Denise-Marie . May 23, 2013 . . . November 15, 2013 . https://web.archive.org/web/20131018085422/http://www.orlandosentinel.com/features/blogs/school-zone/os-blog-ucf-arena-named-after-cfe-federal-credit-union-20130523,0,2260099.post . October 18, 2013 . dead . mdy-all .
  12. Web site: CFE Arena Soon to be Named Addition Financial Arena . March 21, 2019 . University of Central Florida . 12 May 2019.
  13. Web site: Addition Financial, UCF Extend Naming Rights Agreement for Arena. UCFKnights.com. August 18, 2022.
  14. Web site: 2013 UCF Arena Annual Report . CFE Arena . 18 May 2019 . https://web.archive.org/web/20190518181041/http://webcache.googleusercontent.com/search?q=cache%3AaC-V3IRawK0J%3Awww.cfearena.com%2Fpdf%2FFY_2013_UCFArenaAnnualReport.pdf+&cd=12&hl=en&ct=clnk&gl=us . May 18, 2019 . live .
  15. Web site: Vasquez . Luis . CFE Arena ranks fifth in the nation for university venue ticket sales . Orlando Weekly . 18 May 2019.
  16. Web site: Spectra by Comcast Spectacor Commemorates Tenth Anniversary of CFE Arena with Yearlong Celebration . Spectra . 18 May 2019 .
  17. Web site: Kid Rock live in Orlando.