seating, improved concourses and restrooms, expanded concession areas, and a new center-hanging video board. As part of the renovation, the building was renamed "The Crown" and the Cyclones, who then played in the International Hockey League, moved from the Cincinnati Gardens. A $200 million renovation was proposed in 2015 by arena owners Nederlander Entertainment and AEG Facilities. The renovations would include both upgrades to the seating and expansion to increase capacity to 18,500 seats, additional luxury suites and other premium seating, a new exterior facade, new video boards, and a renovation of the exterior concourse. The push for extensive renovations and upgrades came in 2014 after the city ran a bid for the 2016 Republican National Convention, which was unsuccessful due to the lack of adequate hotel rooms and infrastructure in the proximity of the Arena. In 2017, Nederlander Entertainment announced its intention to tear down and replace the arena if a deal could be made with taxpayers, citing inadequate space and dated '70s aesthetics. This plan came after the Arena was awarded to be a site for the 2022 NCAA Division I men's basketball tournament, contingent upon updates to the venue. However, after little progress was made the NCAA decided in late 2019 to move the site of the games to Indianapolis. Sporting events Basketball The Kentucky Colonels of the American Basketball Association played 14 games at the newly opened arena for their 1975–1976 season before the team folded due to the ABA–NBA merger following the season. Cincinnati Bearcats men's basketball utilized Riverfront Coliseum as their home court from 1976 to 1987. During the Bearcats' tenancy the venue hosted the 1978 and 1983 Metro Conference men's basketball tournament. Additional conference tournaments hosted here was the finals of the 1981 and the entire 1992 Midwestern Collegiate Conference men's basketball tournament as well as the 2005 and 2006 Atlantic 10 men's basketball tournament. In these instances, Xavier served as the host for the conference tournaments. The 2002 and 2004 Conference USA men's basketball tournament were also hosted at the venue, in these instances with Cincinnati serving as the host for the conference tournaments. The arena was the site of the Regional of the 1979 NCAA Men's Division I Basketball Tournament and 1987 NCAA Men's Division I Basketball Tournament, as well as a first and second round site for the 1988 NCAA Men's Division I Basketball Tournament and the 1992 NCAA Men's