Imagine the surprise Friday morning when SMG and Sedgwick County officials learned that someone had put Intrust Bank Arena up for sale on LoopNet, a popular commercial real estate marketing web site.
For a quarter on the dollar – $47.2 million, far less than the arena’s $200 million price tag.
“I’m absolutely flabbergasted,” said Ron Holt, assistant Sedgwick County manager, when he learned about the listing Friday morning.
And A.J. Boleski, the manager of the arena for SMG, was even less amused.
Boleski called the man who placed the ad, Florida businessman Delawrence Blue, and asked the listing be taken down. By noon Friday, it was gone.
Contacted by the Eagle Friday morning, Blue never offered a concrete explanation for the sales listing.
But he did admit that he wasn’t trying to sell the arena. His goal: A professional basketball franchise in Wichita in the wake of the National Basketball Association lockout.
Blue said he wanted to place franchises in Wichita, Pittsburgh, Las Vegas, Seattle, Hato Rey, Puerto Rico and Sunrise, Fla., populating them with ex-players like former Philadelphia 76ers star Allen Iverson.
Two rubs: Blue said he has no ownership groups and no arenas, but he expressed a preference for working with SMG.
Boleski, on the other hand, said he’s never heard of Blue or the league. He said that Blue told him he chose SMG because the company puts square footages and other key arena information on its website.
A strange episode for a Friday morning.
“It’s just bizarre,” Boleski said.