Nationwide Arena

Nationwide Arena is a large multi-purpose arena, in Columbus, Ohio, USA. Since completion in 2000, the arena has served as the home of the Columbus Blue Jackets of the National Hockey League.

It is one of three facilities in Columbus (along with Greater Columbus Convention Center and Franklin County Veterans Memorial Auditorium) that hosts events during the annual Arnold Classic, a sports and fitness event hosted by bodybuilder and former Governor of California Arnold Schwarzenegger.

In May 2012, Columbus Mayor Michael B. Coleman made a pitch to the NBA requesting an expansion or relocated team be moved to Nationwide Arena.

Ownership

The venue is named for the arena's original majority owner, Nationwide Mutual Insurance Company, whose world headquarters are located across the street. Nationwide's real estate development affiliate, Nationwide Realty Investors, financed and developed the project—making it one of very few privately financed arenas in the nation.

2012 Sale

On March 30, 2012, arena owners Nationwide Insurance and the Dispatch Publishing Group sold the facility to the Franklin County Convention Facilities Authority (FCCFA). As part of the sale, Nationwide agreed to loan the FCCFA $43.3 million to finance the arena's purchase which will be paid back by 2039 with casino tax revenue collected by both the City of Columbus and Franklin County. In addition, the Ohio Department of Development agreed to a 10-year, $10 million loan to the FCCFA to assist with the facilities purchase. If the Blue Jackets meet annual roster payroll requirement, $500,000 of this loan per year will be forgiven. Nationwide Insurance will also pay the Blue Jackets $28 million to retain the arena's naming rights until 2022 as well as $58 million to purchase 30% ownership stake in the franchise. The Blue Jackets, in turn, agreed to remain in the city until 2039 or pay $36 million in damages.

Arena

An arena is an enclosed area, often circular or oval-shaped, designed to showcase theater, musical performances, or sporting events. The word derives from Latin harena, a particularly fine/smooth sand used to absorb blood in ancient arenas such as the Colosseum in Rome. It is composed of a large open space surrounded on most or all sides by tiered seating for spectators. The key feature of an arena is that the event space is the lowest point, allowing for maximum visibility. Arenas are usually designed to accommodate a large number of spectators.

The term arena is sometimes used as a synonym for a very large venue such as Pasadena's Rose Bowl, but such a facility is typically called a stadium, especially if it does not have a roof. The use of one term over the other has mostly to do with the type of event. Football (be it association, rugby, or gridiron) is typically played in a stadium while basketball and ice hockey are typically played in an arena, although many of the larger arenas hold more spectators than do the stadiums of smaller colleges or high schools. There are exceptions. The home of the Duke University basketball team would qualify as an arena, but the facility is called Cameron Indoor Stadium. Domed stadiums, which, like arenas, are enclosed but have the larger playing surfaces and seating capacities found in stadiums, are generally not referred to as arenas in North America. There is also the sport of indoor American football (one variant of which is explicitly known as arena football), a variant of the gridiron-based game that is designed for the usual smaller playing surface of most arenas; variants of other traditionally outdoor sports, including box lacrosse and futsal/indoor soccer, also exist.

Nationwide

Nationwide may refer to:

Columbus Blue Jackets

The Columbus Blue Jackets are an American professional ice hockey team based in Columbus, Ohio, that competes in the National Hockey League (NHL). They are members of the league's Metropolitan Division of the Eastern Conference.

Replacing the Columbus Chill of the ECHL, the Blue Jackets were founded as an expansion team in 2000. The team qualified for the Stanley Cup playoffs for the first time in 2009.

The Blue Jackets' name and logos were inspired by Ohio's Civil War history. The Blue Jackets play their home games at Nationwide Arena in downtown Columbus, which opened in 2000. They are affiliated with the Lake Erie Monsters of the AHL and the Kalamazoo Wings of the ECHL.

Franchise history

1997–2000: Building a new franchise

Prior to the establishment of the Blue Jackets, the last NHL team in the state of Ohio was the Cleveland Barons, who played from 1976–78. In Columbus, the Blue Jackets replaced the Columbus Chill of the ECHL, who played in the city from 1991–99. The Chill played at the Ohio Expo Center Coliseum where they had an 83-game sellout streak, which was a minor league hockey record at the time. In November 1996, five investors formed a partnership called Columbus Hockey Limited, who then submitted an application and a $100,000 fee to the NHL office. The voters of Columbus were considering a referendum to build a publicly financed arena, a major step toward approval of their NHL bid. When League Commissioner Gary Bettman visited Columbus to meet with the community's leaders about the franchise proposal, there was concern that the voters might not pass the needed referendum. The civic leaders told Bettman that they would not be willing to foot the bill for the team if the referendum failed. However, just after the meeting adjourned, John H. McConnell (one of those who entered the bid) privately guaranteed Bettman that an arena would be built, referendum or not.