The Spurs campaigned for several years for a new facility. The Spurs and the city had come to an agreement to build a new facility adjacent to the Alamodome, but in a last-minute reversal, the team partnered with Bexar County to construct a new arena adjacent to the Freeman Coliseum. As a part of the agreement, the facility would be home to the Spurs, a new ice hockey team (what became the Rampage), and the San Antonio Stock Show & Rodeo event.

The facility would be funded through an increase of hotel and car rental taxes, and Bexar County voters approved the plan in November 1999. Coincidentally, the election was held on the same day the Spurs received their NBA Championship rings for their first NBA championship.

Rick Pych is the Chief Development Officer of the AT&T Center and led the Spurs franchise through its development, construction and opening in 2002.

Unlike most arenas that can accommodate basketball and ice hockey, AT&T Center was primarily designed for basketball. Nevertheless, it can accommodate an NHL-sized ice hockey rink, but it can only accommodate a maximum of 16,151 people for ice hockey since the seating arrangement for ice hockey is asymmetrical. There are only a few permanent rows of seating on the lower level of the west end, and all of the upper-level sets on the west end of the arena have obstructed views. This would result in poor sightlines. However, the seating capacity for Rampage games is under 7,000 people, making the upper level not necessary for those events.

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