Home to the NBA's Atlanta Hawks, the WNBA's Atlanta Dream, and the NHL's Atlanta Thrashers, the $200+ million Philips Arena opened its doors in 1999. The facility is one of the busiest in the world, regularly hosting world-class concert tours and sporting events like the US Figure Skating Championships and WWE. Philips Arena is owned by the Atlanta Fulton County Recreation Authority and operated by Atlanta Spirit, LLC, the group of investors that also owns the Hawks.