City of Greensboro Economic Development/Workforce/Innovation Committee Meeting Agenda Packet 2026-05-26
OVG Coliseum Projects Five-Year Premium Club Income
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Description
Greensboro financial staff project that OVG Coliseum will receive 85% of net Premium Club Membership income over a projected five-year period, estimated at $3,393,222.47. The revenue-sharing arrangement is associated with the Premium Club Lounge operations at First Horizon Coliseum.
Contract Details
Vendor
OVG COLISEUM
Agency
City of Greensboro, NC
Contract Type
OTHER
Document Date
May 26, 2026
Contract Term
Projected 5 year income period referenced; membership revenue sharing arrangement ongoing
Renewal Info
Existing revenue-sharing arrangement; no explicit renewal or end date described.
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