The boys IHSA boys and girls basketball tournaments moved from Champaign to Peoria in 1996. The girls tournaments have since moved and are now played in Normal at Redbird Arena, but traditionally the big money-makers, have been the boys tournaments. But could the 2015 March Madness be the last one for Peoria?
The current contract the IHSA has with Peoria expires after the 2015 tournament next March, and the IHSA is now soliciting bids to host the tournament for the next 5 years from 2016-2020. The bids are due by January 1, 2015. There are questions whether Peoria will make as strong an effort to retain the tournaments, and now Champaign is preparing to make a strong bid to win them back. By March of 2016, the ongoing renovations to the Illinois Assembly Hall (now known as the State Farm Center) will be nearly completed and it should be a much nicer venue than it had been.
There is reportedly interest also from Hoffman Estates, DeKalb and Rockford-
Peoria officials have begun negotiating another 5-year extension of the contract, but there are some concerns on both sides. Peoria is not getting nearly as much benefit from hosting the tournaments as they once did. Attendance at all of the games, as well as the ancillary events, is way down since the tournament changed from 2 classes to 4 classes, and much of the hotel and restaurant money spent by visitors goes to businesses outside of Peoria such as East Peoria and other surrounding communities that have newer, better, and cheaper hotel and restaurant options. Plus, visitors appear to be spending much less and staying for shorter visits. Many Peoria hotels and restaurants now don't seem to notice much, if any, boost to their business during March Madness weekends, according to the article below.
In addition, some of the big-money corporate sponsors, who have supported the Peoria effort to get and maintain the tournaments supposedly now are not willing to commit to another 5 years.
The current contract the IHSA has with Peoria expires after the 2015 tournament next March, and the IHSA is now soliciting bids to host the tournament for the next 5 years from 2016-2020. The bids are due by January 1, 2015. There are questions whether Peoria will make as strong an effort to retain the tournaments, and now Champaign is preparing to make a strong bid to win them back. By March of 2016, the ongoing renovations to the Illinois Assembly Hall (now known as the State Farm Center) will be nearly completed and it should be a much nicer venue than it had been.
There is reportedly interest also from Hoffman Estates, DeKalb and Rockford-
Peoria officials have begun negotiating another 5-year extension of the contract, but there are some concerns on both sides. Peoria is not getting nearly as much benefit from hosting the tournaments as they once did. Attendance at all of the games, as well as the ancillary events, is way down since the tournament changed from 2 classes to 4 classes, and much of the hotel and restaurant money spent by visitors goes to businesses outside of Peoria such as East Peoria and other surrounding communities that have newer, better, and cheaper hotel and restaurant options. Plus, visitors appear to be spending much less and staying for shorter visits. Many Peoria hotels and restaurants now don't seem to notice much, if any, boost to their business during March Madness weekends, according to the article below.
In addition, some of the big-money corporate sponsors, who have supported the Peoria effort to get and maintain the tournaments supposedly now are not willing to commit to another 5 years.
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