Prices are very high. We used to have a small suite upstairs and paid almost $100,000 per season in lease charges. Plus you have to spend certain amount of money in food charges, averaging approx. $500-600 per game.
First tier suites could be triple that lease amount depending on the size and there is a huge waiting list to get one. Hence the reason they want a new arena accommodating two levels of the first tier suites. The suites are extremely profitable for the organization.
As an added perk, suite lessee has the first right of refusal on all concerts at the arena (tickets to these events are not included with the lease).
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