Despite COVID, Times Union Center (MVP Arena) has profitable 2021
This is what the arena looked like as the Times Union Center. The name was changed to MVP Arena in 2022.[WNYT]
The year 2021 was a profitable year for the Times Union Center in Albany, now known as MVP Arena.
Despite the ongoing pandemic, there were 36 events held between March and December of last year.
Attendance exceeded 100,000 people.
Net operating income was $131,555.
The managers of the venue had forecasted losses of $900,000, but say they were able to cut operating expenses by $1 million.