Misplaced Pages

Buccaneer Arena

Article snapshot taken from Wikipedia with creative commons attribution-sharealike license. Give it a read and then ask your questions in the chat. We can research this topic together.

Buccaneer Arena is a 3,461-seat, with standing room for an additional 700, multi-purpose arena in Urbandale, Iowa , that is home to the Des Moines Buccaneers ice hockey team in the United States Hockey League . Before the Bucs began playing in 1980, the International Hockey League 's Des Moines Oak Leafs and Des Moines Capitols franchise played here.

#700299

29-546: The arena opened on November 12, 1961 as the Des Moines Ice Arena. It was later renamed the Metro Ice Sports Arena before becoming Buccaneer Arena in mid-2004. On September 22, 2005, Buccaneer Arena was renamed 95-KGGO Arena after Citadel Broadcasting , owners of radio station KGGO , purchased the naming rights to the arena. It is nicknamed the "Madhouse on Hickman" for its location on Hickman Road. In 2008,

58-477: A mechanical issue that would delay the arena's ability to make ice prior to the team's season opening game the following month. In the same statement, team officials also proclaimed they would continue to make the arena operational again until "it is no longer sustainable to do." In 2007, the arena hosted the College Hockey America championship tournament. The arena has also hosted mixed martial arts. It

87-599: A member of Citadel's Board of Directors. In 2001, Larry Wilson sold Citadel to private equity firm Forstmann Little & Company for $ 2.1 billion. By that time, the company had grown to 205 stations in 42 markets. In January 2005, Citadel yanked Howard Stern 's syndicated radio show from four of its stations, with Stern saying it was because he was talking too much about his impending switch to Sirius Satellite Radio. Stern then began to make fun of Citadel's chairman and CEO, Farid Suleman . Citadel Broadcasting launched an online subsidiary called Citadel Interactive in 2005, and

116-897: A member of Citadel's board of directors. In 2000, Ligget became the owner of Big Boy Restaurants , headquartered in Warren, Michigan . In 1999, Bob Liggett announced he would purchase WHLS 1450 and WSAQ 107.1 in Port Huron from the estate of former owner John Wismer. The new company would be called Liggett Communications. Wismer had owned the stations from 1952 until he died in 1999. WSAQ and WHLS were purchased by Liggett for $ 3.2 million. The new Liggett Communications also entered into an agreement to purchase Hanson Communications, Wismer's crosstown competitor and licensee of WPHM , WBTI , and WHYT (now WHLX). Owner Lee Hanson sold those stations to Liggett for $ 2.24 million. Lee Hanson died in 2015, his son Eric, owns and operates Hanson Pro Music located next to

145-696: A notice from the New York Stock Exchange (NYSE) warning them that they would be facing a delisting after the company shares fell below the continuing listing criteria in the past 30 days: after an IPO of $ 20.67 in August 2003, and a high of $ 22.70 in December 2003, CDL had closed at $ 0.01 on March 6, 2009. Delisting happened on March 5, 2009. Since the delisting, the staff of Citadel Broadcasting ceased holding conference calls and said they would no longer issue quarterly guidance; but their 10-Q filed May 7, 2010 at

174-493: A quarterly SEC filing, the company disclosed the possibility of a Chapter 11 bankruptcy. The company, in the filing, said that it "does not expect to meet its covenant requirements under the Senior Credit and Term Facility as of January 15, 2010." The Wall Street Journal reported that Citadel worked on a "prearranged" bankruptcy package in which lenders would get ownership of Citadel in exchange for forgiving about $ 2 billion of

203-541: A trust operated by Scott Knoblauch. Cumulus Media's purchase of Citadel became final on September 16, 2011. In early 2007, Citadel Broadcasting filed a lawsuit against Peak Broadcasting , claiming Peak raided its staff and secured company information. Peak operated in the Boise, Idaho market after purchasing six radio stations from Clear Channel Communications . Citadel also owns six stations in Boise. The suit claimed that one of

232-437: A year later launched Right Now Radio under Citadel Interactive's operation. By June 2007, scores of Citadel stations could be streamed online. On February 6, 2006, Forstmann Little and The Walt Disney Company agreed to merge Citadel with Disney's ABC Radio. Shares representing 57% of Citadel were distributed to shareholders of The Walt Disney Company following the company's acquisition of 22 stations from ABC Radio. After

261-818: A year the Hanson stations continued to use their old studio at 2379 Military Street, which is now home to a Coldwel Banker office and Hanson's Pro Music. Wismer's facilities at 808 Huron Avenue were expanded and now house the studios and offices for all five stations. 1380 WPHM , 96.9 WBTI , 107.1 WSAQ , 1590 WHLX , and 1450 WHLS now operate under the collective brand name of Radio First. On May 15, 2019 control of Liggett Communication's five radio stations and two translators were transferred from Robert G. Liggett, Jr. to Victoria L. Liggett. Robert Liggett passed away on July 12, 2019. Radio First sponsors an annual local bridal and home expo show held at Blue Water Convention Center . The stations also support many local events, including

290-619: Is also where the Paul Robidoux got his start as the worlds premier intermission announcer. 41°36′56″N 93°43′4″W  /  41.61556°N 93.71778°W  / 41.61556; -93.71778 This article about a sports venue in Iowa is a stub . You can help Misplaced Pages by expanding it . Citadel Broadcasting Citadel Broadcasting Corporation was a Las Vegas , Nevada -based broadcast holding company founded and developed by Larry Wilson. Citadel owned 243 radio stations across

319-546: The U.S. Securities and Exchange Commission (SEC) indicated that Citadel expected to remain in compliance with lender covenants through 2009. Given the conditions, it was unlikely that the company would meet the benchmarks it had to hit in 2010, starting January 15 of that year. Citadel was carrying $ 2 billion in debt following the June 12, 2007 deal with Disney for the ABC Radio properties. Overall, Citadel's revenue fell almost 23%. In

SECTION 10

#1732872771701

348-621: The United States and was the third-largest radio station owner in the country. Just prior to Citadel's merger with Cumulus, only Clear Channel Communications (now iHeartMedia ) and Cumulus Media owned more stations. On March 10, 2011, Cumulus Media announced that it would purchase Citadel Broadcasting. After receiving conditional regulatory approval from the Department of Justice and the Federal Communications Commission ,

377-634: The KGO transmitter site is a little over 7 kW, which under ideal conditions is about 15% of the 50 kW of power radiated by the station's transmitter during daytime hours. Radio First Radio First ( Liggett Communications, L.L.C. ) is a privately held radio broadcasting company in Michigan owned by Victoria L. Liggett and James A. Jensen. Liggett Communications is headquartered in Port Huron where it owns five radio stations licensed to St. Clair and Sanilac Counties . These five stations operate under

406-539: The arena changed its name back to Buccaneer Arena. In 2020, the arena's roof was damaged during the August 2020 Midwest derecho . The arena served as home ice for the Des Moines Buccaneers' ten championship seasons in the 1990s: Anderson Cup regular season champions in 1993–94, 1994–95, 1997–98, 1998–99; Clark Cup playoff champions in 1992, 1995, 1999, 2006; and Gold Cup Junior A champions in 1992, 1995, 1998. Following

435-720: The board to consider a sale. On March 10, 2011, Citadel Broadcasting announced via email that it had been purchased by Cumulus Media in a deal worth $ 2.4 billion. Some of the Cumulus or Citadel radio stations would, however, have to be transferred into a trust to comply with the FCC's ownership limitations, especially in those markets where Citadel already had a "grandfathered" over-the-limit station group. Ultimately these included WELJ in Montauk, New York and WCAT-FM in Carlisle, Pennsylvania , placed in

464-829: The brand name of Radio First where they serve listeners in the Thumb area of Michigan and Southwestern Ontario . The predecessor to the current company was called Liggett Broadcasting and was founded by Robert Liggett Jr. in 1971. His first station was WFMK in the Lansing, Michigan market. He then added more stations in Lansing, as well as the Grand Rapids, Flint, and Saginaw/Bay City Markets. Liggett Broadcasting at its peak operated radio stations in Michigan, New York, Minnesota, South Carolina, Ohio, and California. Liggett's stations were sold to Citadel Broadcasting in 2000, with Liggett becoming

493-522: The broadcaster was poised to be an acquirer as well as an operator. Months after Citadel Broadcasting emerged from bankruptcy, it was approached by Atlanta-based Cumulus Media with two unsolicited merger offers, both of which Citadel rejected. Then in February 2011, CNBC reported Cumulus was in "exclusive negotiations" to acquire Citadel. This third offer would be worth $ 2.5 billion to Citadel shareholders, some of whom were said to have already been pushing

522-501: The company's $ 2.76 billion-dollar debt. The filing began on December 20, 2009. During that period, its senior lenders took 90% of the equity, and the re-structuring approved by a Manhattan federal bankruptcy judge was completed. It emerged from bankruptcy in June 2010, owned by its lenders, the Dallas hedge fund R2 Investments, JPMorgan Chase and the buyout firm TPG . The company's debt was reduced from $ 2.14 billion to $ 762.5 million, and

551-514: The damage to the roof in 2020, the team was forced to start the 2020–21 season at Wells Fargo Arena in downtown Des Moines. In November 2020, the team announced it would be replacing the old arena as part of a project to turn the former Younkers department store location in Merle Hay Mall into a new 3,500-seat, $ 59 million arena. Buccaneer Arena completed repairs in January 2021, and plans to build

580-603: The deal was approved by Citadel shareholders on September 15, 2011. The merger of the two companies closed on September 16, 2011, and Citadel was immediately absorbed into Cumulus Media. The company was founded in 1984 in Phoenix, Arizona by Larry Wilson as Citadel Associates Limited Partnership . In 1990 it was renamed Citadel Associates Montana Limited Partnership for the purpose of owning and operating stations in Montana that were formerly owned by CALP. A year later, Citadel Broadcasting

609-597: The first radio company to fully join the Environmental Protection Agency 's "Green Power Partnership Program" and committed US$ 1 million in Educational Green public service announcements . In April 2008, ABC/Citadel's KGO in San Francisco, California was installing equipment for broadcasting with solar power during the daytime hours. The maximum rated output of the solar cells installed at

SECTION 20

#1732872771701

638-604: The former Citadel employees stole a computer disk with critical information after asking the Citadel IT person to help him copy information, which Peak then used to compete against Citadel in Fresno, California , as well. Peak has denied the allegations, but the two parties reached a confidential settlement, which included an undisclosed payment to Citadel, according to the Idaho Statesman . In April 2008, Citadel Broadcasting became

667-413: The former WPHM studios on Military Street. However, Liggett was unsuccessful in buying standalone commercial station WGRT , which remains the only commercial station licensed to St. Clair County not owned by Liggett. By the end of 2000, Liggett received all necessary FCC approvals to buy both Hanson Communications and Wismer Broadcasting. All five stations became a part of Liggett's new company. For about

696-681: The major network. In addition to Citadel Media, Citadel owned the Arkansas Radio , Tennessee Titans Radio, Buffalo Bills and the Michigan Talk radio networks. On March 1, 2008, the former Disney/ABC Radio stations in Citadel's portfolio faced severe financial problems. That same period, hundreds of personalities were dismissed as some stations over time changed formats—most notably to ABC Radio's in-house satellite network The True Oldies Channel . On September 12, 2008, Citadel Broadcasting received

725-456: The merger--which was consummated June 12, 2007, Citadel's ownership structure was: ABC owned and operated affiliates of Radio Disney and ESPN Radio were not included in the merger agreement. In order to comply with FCC ownership limitations, Citadel sold off 12 of its radio stations. Ten of the stations' licenses were transferred to a newly formed trust company, The Last Bastion Station Trust, LLC. The two-station Cortland, New York , cluster

754-638: The new hockey arena within the mall would fall through in July of 2024 due to the team's lease expiring. Mall officials have also stated they will continue to build the new venue and are open to renegotiating their lease with the team as well. In August 2024, the Buccaneers announced they would temporarily move to the MidAmerican Energy Co. Recplex located in West Des Moines for the 2024-25 USHL season due to

783-405: The said area, at which time Citadel Broadcasting applied to re-acquire KKWD from The Last Bastion Station Trust, LLC with the Federal Communications Commission (FCC). According to FCC documents, KKWD was re-absorbed into Citadel's station portfolio on July 9, 2009. On April 2, 2009; the staff of Citadel Broadcasting changed the name of "ABC Radio" to Citadel Media to reflect its ownership of

812-536: Was officially incorporated and in 1984 it acquired all of the radio stations owned by its predecessors. Within a decade, Citadel expanded to 26 states. Within that time period, it absorbed all Bloomington Broadcasting radio holdings and 11 stations from Dick Broadcasting Company and also acquired three radio stations from Slone Broadcasting, Inc. and Slone Radio, LLC. In 2000, Liggett Broadcasting sold its radio stations in Michigan, New York, Minnesota, South Carolina, Ohio, and California to Citadel, with Bob Liggett becoming

841-582: Was sold off prior to the merger in a separate transaction; WIII was sold to Saga Communications, and WKRT (now WYBY ) was given to the Bible Broadcasting Network for free as a tax-deductible donation. In December 2007, Citadel began broadcasting the morning radio show of shock jock Don Imus , just about six months after he had been fired by CBS for making racist and sexist remarks. On June 19, 2008; Arbitron expanded Oklahoma City 's market definition allowing Citadel to own five FM stations in

#700299