View Full Version : SMG - Management of Chesapeake Energy Arena
Totally makes sense. And the 75 reserve days would certainly make a significant difference, especially when considering we are comparing BOK and Chesapeake. That could easily cause BOK to be the only choice for 5-6 shows a year looking to book the Oklahoma market during that span. It's just not that big of difference, especially when you consider Tulsa is only 1 and half hours from OKC. Some of the people who drive an hour and a half to see a show at the Staples Center live in the same city as the arena. Ha.
I think in the end, we're not really going to know which shows were booked in one city over the other as a conscious decision, either by the talent's booking agent or by arena management. All I know is that if I was a decision maker at SMG and a show was offered to us on an either/or basis, I'd prefer to place it in Tulsa if it was a viable act for the market, just to make sure I could justify the contract the next time around.
Urbanized 08-20-2018, 03:09 PM ^^^^^^^^
To be clear though, the management of the Chesapeake Arena and the management of the BOK - while both employed by SMG - still are competitors to a very large extent. As in, nobody is sitting at SMG making a decision of whether a show goes to one place or another. They are both out hustling shows as if the other building doesn't even exist. I mean, if OKC has a date conflict I'm sure they recommend sending it to Tulsa as a courtesy, but they each have their own performance benchmarks spelled out in agreements with their respective municipalities. In the case of OKC I know that the new SMG agreement has raised the stakes a bit for SMG, so once again I believe they will pretty jealously be guarding any shows made available to them.
The biggest difference is that if they were not both SMG it would probably be a bit of a bloodbath. That is, if it was say SMG and AEG staring at each other down the highway they would both be playing the incentive game and trying to one-up each other constantly using money that currently they presently aren't having to spend, or at least in OKC they are not. Which means sacrificing building revenue in favor of guarantees and other incentives to the artists, promoters and booking agents. I think that is one thing worth noting in regards to the original point of this thread. The bad news for OKC is that we have a (very nice) competing venue 90 miles down the road. The GOOD news is that we aren't in a bidding war with them.
jedicurt 08-21-2018, 08:51 AM ^^^^^^^^
To be clear though, the management of the Chesapeake Arena and the management of the BOK - while both employed by SMG - still are competitors to a very large extent. As in, nobody is sitting at SMG making a decision of whether a show goes to one place or another. They are both out hustling shows as if the other building doesn't even exist. I mean, if OKC has a date conflict I'm sure they recommend sending it to Tulsa as a courtesy, but they each have their own performance benchmarks spelled out in agreements with their respective municipalities. In the case of OKC I know that the new SMG agreement has raised the stakes a bit for SMG, so once again I believe they will pretty jealously be guarding any shows made available to them.
The biggest difference is that if they were not both SMG it would probably be a bit of a bloodbath. That is, if it was say SMG and AEG staring at each other down the highway they would both be playing the incentive game and trying to one-up each other constantly using money that currently they presently aren't having to spend, or at least in OKC they are not. Which means sacrificing building revenue in favor of guarantees and other incentives to the artists, promoters and booking agents. I think that is one thing worth noting in regards to the original point of this thread. The bad news for OKC is that we have a (very nice) competing venue 90 miles down the road. The GOOD news is that we aren't in a bidding war with them.
talked last night again with my Stars contact. read him your post, and they agreed with about 85% of it as is. and stated that the last 15% was probably related to being on one side of the equation rather than the other... they said their perspective is that the city felt that the Cox center was the real choice and that the city kept pushing for that. they were still really interested in playing in the Peake, because the facility has the better amenities, and said the cox was never an option when the city kept presenting it because there was no long term plan for it. So really close to what you heard as well. just a slightly different perspective
Urbanized 08-21-2018, 10:05 AM Gotcha. Understandably different perspectives.
Just to be clear to other interested readers, while jedicurt quoted my post about concerts and etc., but he was actually referencing this post:
You're welcome jedicurt. I think this is all great conversation to have, because I myself had some assumptions that have proven to be incorrect as I've looked into things more.
So there were indeed discussions with ECHL team owner, including multiple meetings with City and the then-GM of SMG. The Thunder had little if any involvement.
But the talks were not regarding Chesapeake; they were actually regarding the Cox Center. The issue that the ECHL team ultimately got stuck on was that there were no long-term guarantees that Cox will be here after convention center opens, as this has yet to be resolved. So...if ECHL moves here into a building that makes sense for them RIGHT NOW, but that building is (potentially) unavailable a few years later, they are back to square one, looking at a building (Chesapeake) which doesn’t make sense for them. So eventually they decided not to make the move and the discussions fell apart. Based on this it seems like the long-term future of Cox would need to be resolved before we could entertain a minor league franchise like that one.
I think that may be one of the reasons the person or people you spoke to might have characterized it as being about the Thunder. In other words, the Thunder's agreements on Chesapeake arena regarding premium areas, in-arena advertising and etc. make it difficult for any team that is NOT the Thunder to derive revenue in Chesapeake Arena, a building where the rent is going to be high for them anyway. So Chesapeake is sort of out of the question, and Cox is a question mark.
But it's not really an effort by the Thunder to keep other teams away, but instead it's the fact that their agreement - which again is pretty typical of recent NBA building agreements in view of rocketing player salaries and the like - effectively soaks up every potential revenue stream, for understandable reasons.
^^^^^^^^
To be clear though, the management of the Chesapeake Arena and the management of the BOK - while both employed by SMG - still are competitors to a very large extent. As in, nobody is sitting at SMG making a decision of whether a show goes to one place or another. They are both out hustling shows as if the other building doesn't even exist. I mean, if OKC has a date conflict I'm sure they recommend sending it to Tulsa as a courtesy, but they each have their own performance benchmarks spelled out in agreements with their respective municipalities. In the case of OKC I know that the new SMG agreement has raised the stakes a bit for SMG, so once again I believe they will pretty jealously be guarding any shows made available to them.
The biggest difference is that if they were not both SMG it would probably be a bit of a bloodbath. That is, if it was say SMG and AEG staring at each other down the highway they would both be playing the incentive game and trying to one-up each other constantly using money that currently they presently aren't having to spend, or at least in OKC they are not. Which means sacrificing building revenue in favor of guarantees and other incentives to the artists, promoters and booking agents. I think that is one thing worth noting in regards to the original point of this thread. The bad news for OKC is that we have a (very nice) competing venue 90 miles down the road. The GOOD news is that we aren't in a bidding war with them.
Makes sense. They're accountable to their specific arena and the agreements in place first. Usually there's plenty to go around anyway. Honestly, I think most of the dissatisfaction occurs when a show someone wants to see plays in Tulsa and not here, and if something plays here that they don't want to see, it doesn't "count" in their mind. As you've pointed out, it's actually much closer than some represent.
I got this email from the Thunder today and found it sort of relevant to this discussion:
As you may be aware, Trans-Siberian Orchestra (TSO) will be returning to Chesapeake Energy Arena on Dec. 5. We have been informed that, if we were to offer a purchase opportunity for our Season Ticket Members to their show, you would be charged more per ticket than the price available to the general public.
Due to this pricing structure, we have declined the option to offer a purchase option, on behalf of our Season Ticket Members.
This would indicate that the ticket offer agreement with the Thunder is not necessarily compulsory, and productions can negotiate on that point.
bluedogok 08-21-2018, 05:36 PM For the late 70's and into the 80's many bands alternated between OKC and Tulsa on tours. During that time there were more concerts at the Lloyd Noble Center than the Myriad. One album tour at the Myriad/LNC and the next at the Tulsa Convention Center.
In a scheduling interest, ESPN has an interesting 30 for 30 about the couple that does the MLB scheduling. That is 162 regular season games between 30 teams.
ESPN 30 for 30: The Schedule Makers (http://www.espn.com/30for30/film?page=the-schedule-makers)
jdg78 10-25-2018, 09:14 PM Is the beginning of changes.14976
HangryHippo 10-26-2018, 06:19 AM Is the beginning of changes.14976
What?
jdg78 10-26-2018, 06:54 AM I’m not a fan at all. However, it looks like okc got a show Tulsa isn’t that is hitting every national big city arena. LA, NY, Boston , Philadelphia, Chicago, and etc.
midtownokcer 10-26-2018, 11:55 AM Is the beginning of changes.14976
Fan or not, this is a pretty big get even though she's played here before. Last month, I took my friend visiting from the UK to the Thunder Shop at the arena, and the guy working chatted him up about how this "new guy" was going to bring artists that are more relevant to younger people. He also mentioned that the players often complain that the 'Peake doesn't get shows that they want to attend. I had a bit of a laugh when he said that "Fall Out Boy and Rod Stewart isn't going to cut it."
shadfar 10-26-2018, 02:18 PM Fan or not, this is a pretty big get even though she's played here before. Last month, I took my friend visiting from the UK to the Thunder Shop at the arena, and the guy working chatted him up about how this "new guy" was going to bring artists that are more relevant to younger people. He also mentioned that the players often complain that the 'Peake doesn't get shows that they want to attend. I had a bit of a laugh when he said that "Fall Out Boy and Rod Stewart isn't going to cut it."
I hope there's some truth to this, as much as i like Tulsa..it's getting harder and harder for me to drive up to Tulsa for a concert on a Sunday night or middle of the week. getting old and not willing to travel for the music as much...
kukblue1 10-26-2018, 02:37 PM Did she play Tulsa last year or was that a few years ago?
BG918 10-26-2018, 03:04 PM Did she play Tulsa last year or was that a few years ago?
She played the BOK in Feb 2017
OkieHornet 10-29-2018, 10:10 AM KISS farewell tour stop at Chesapeake Arena on Feb. 26, 2019. I'm sure Tulsa will get a date on another leg at some point, but OKC gets on the first leg.
Swake 10-29-2018, 11:56 AM KISS farewell tour stop at Chesapeake Arena on Feb. 26, 2019. I'm sure Tulsa will get a date on another leg at some point, but OKC gets on the first leg.
I went to a KISS farewell tour stop at the Myriad over 20 years ago.
jedicurt 10-29-2018, 12:03 PM I went to a KISS farewell tour stop at the Myriad over 20 years ago.
Hey, i was there too! i saw Kiss on Farewell tour 1, 2, and 4... not even sure what one they are on now
jdg78 06-03-2019, 10:52 PM 1532215322
jdg78 06-03-2019, 10:52 PM Hmmmmmm🤔
Backstreet Boys just announced for August 22nd.
kukblue1 02-10-2020, 08:37 AM Backstreet Boys just announced for August 22nd.
Hopefully Janet Jackson but not seeing it yet. :( She was in Tulsa and few years ago didn't sale well so she might skip Oklahoma this time around.
Press release:
We are excited to announce that Foo Fighters will be bringing their 25th Anniversary The Van Tour 2020 to our Chesapeake Energy Arena on Thursday, April 16. Tickets go on sale this Friday, February 21 at 10 am.
catch22 02-18-2020, 11:49 AM Cool! Grohl always puts on a good performance.
Cool! Grohl always puts on a good performance.
And he'll be able to move around the stage this time around!
Tool will be coming to Chesapeake Energy Arena on June 17.
Tickets on sale this Friday at 10 am.
Richard at Remax 02-24-2020, 12:25 PM Really excited about Tool. I had a chance to check them out in Tulsa back in Oct. Great show and looking forward to seeing them here again.
jdg78 02-26-2020, 01:49 PM SMG and the city deserve a lot of credit for the effort they are putting forth to get shows. I just hope they maintain there effort for years to come. The Peake was really doing great from 2002-2014.... The Peake should be the premier destination for concerts in Oklahoma. I am excited about all the Maps 4 improvements that will enhance the concert experience.
SMG brought in a new General Manager, who I just recently met.
He and his team are the reason for this surge and they are planning much more.
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