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College arena South of Scottsdale Tempe Since 1974

Desert Financial Arena: ASU's 14,000-Seat Basketball Barn Since 1974, Twenty Minutes South

Desert Financial Arena is Arizona State's basketball and volleyball arena, a 14,198-seat concrete bowl that opened in 1974 as the University Activity Center next to the football stadium at the north edge of the Tempe campus. It was Wells Fargo Arena from 1997 to 2019 and has carried the credit union's name since, under a deal extended in 2023. The Sun Devils play Big 12 men's and women's basketball here from November to March; the building also does graduations, the occasional concert and, in its day, Springsteen and U2.

Illustration for Desert Financial Arena: college arena in Tempe

The 30-second version

  • The arena opened on April 29, 1974 as the University Activity Center, the 'You-Ack' to a generation of students, built for eight million dollars; it was Wells Fargo Arena from 1997 to 2019 and Desert Financial Arena since, with the credit union's agreement amended and extended in 2023.
  • Capacity is 14,198; a wall put up in 2010 to hide the empty upper deck came down in 2018 when the men's team got good again, and the building has been full for the big Big 12 nights since the conference move in 2024.
  • ASU men's and women's basketball play here from early November through early March, with volleyball in the fall; the Arizona game and the Kansas, Houston and Baylor visits are the dates that sell.
  • Bruce Springsteen played the River Tour here in November 1980 and U2 played two nights of the Joshua Tree Tour in April 1987; concerts are rare now, but ASU graduations and the odd big show still use it.
  • Eighteen minutes from Old Town, next door to the football stadium off Veterans Way; park in the Rural Road garage or ride the light rail to Veterans Way and College, and pair it with dinner on Mill or at Four Peaks.

Why leave Scottsdale for it

The closest big-conference basketball to a Scottsdale hotel: Arizona State's Big 12 men's and women's games in a 14,000-seat 1974 arena next to the football stadium, with tickets for a fraction of a Suns game and a Tempe night around it.

Drive from Old Town

18 min · south

Area

Tempe

Status

Open

Where

600 E Veterans Way, Tempe, AZ 85287

Open in Maps ↗

Price

$$$$

Best for

A Big 12 basketball night, Sun Devil volleyball, a cheap date

Season

All year

Official site

thesundevils.com ↗

Seats

14,198

Opened

1974

What it is

Desert Financial Arena is Arizona State’s basketball building, a round concrete arena of 14,198 seats on the Rural Road side of the Tempe campus, next to the football stadium and the butte. It opened in April 1974 as the University Activity Center, which the students shortened to the You-Ack, became Wells Fargo Arena in 1997 and took the credit union’s name in 2019, with the agreement extended in 2023. ASU’s men’s and women’s basketball teams play here from November through early March, now in the Big 12, and the volleyball team in the fall; the university’s graduations and a few big events fill in the rest of the year.

It is not a beautiful building and does not pretend to be. It is a 1970s bowl with good sight lines, no suites between you and the court, a student section that shows up for the big nights, and a concert history, Springsteen in 1980, U2 in 1987, from the years when it was the largest indoor room in Arizona. The men’s team’s revival in the late 2010s brought the upper deck back into use after eight years behind a curtain, and the Big 12 move in 2024 put Kansas, Houston and Baylor on the schedule.

Why leave Scottsdale for it

Because it is the closest major-conference basketball to your hotel, and the cheapest. The Suns are thirty minutes west downtown and a ticket costs what a dinner does; a Sun Devils game is eighteen minutes south and the seat costs what a drink does, with the band, the students and the particular noise of a college gym. Pair it with dinner on Mill or at Four Peaks and it is the easiest sports night out from Scottsdale between the end of the Scottsdale Stadium fall league and the start of spring training.

The practical version

Scottsdale Road south, which becomes Rural Road at the river, to Veterans Way; the arena is on your right past the football stadium. Park in the Rural Road structure or ride the light rail to Veterans Way and College. Buy lower-bowl corner seats. Eat first on Mill, a ten-minute walk west, or at Four Peaks, the same walk east.

When to go

Men’s basketball runs from the first week of November to the first week of March, with the non-conference games before Christmas and the Big 12 schedule after it; the Arizona game is the night, and the visits from Kansas, Houston, Baylor and Iowa State sell next. Women’s basketball plays the same months, often on alternate nights, and the ticket is a few dollars. Volleyball fills September to November and is a loud, fast, two-hour evening that most visitors never think to try. Weeknight tip-offs are at seven or eight; weekend games vary. The arena is cool in every sense, and a 1974 concrete building in February is cold enough for a jacket.

The seats

The bowl is a single tier with an upper deck above a concourse. Lower-bowl corners are the value; center court lower bowl is the premium; the upper deck is high but every seat faces the court. The student section is behind one basket and, for the big games, the reason to sit across from it.

Before and after

Mill Avenue is a ten-minute walk west for dinner, Four Peaks is ten minutes east on 8th Street for a Kilt Lifter after, and Casey Moore’s on Ash is the quieter choice if the game went long. On a cold night the walk between them along the lit campus malls is the nicest part of Tempe.

With kids

A college basketball game is two hours, loud, and over by ten; the mascot and the band do most of the work, and the price means nobody minds leaving early. The women’s games and volleyball are the family-friendliest tickets in the building.

The story

ASU built the University Activity Center between 1972 and 1974 for eight million dollars, a round arena in the brutalist concrete of its decade, to replace a gym that could not hold the crowds of a university that had passed 30,000 students. It opened on April 29, 1974 and was, for the next two decades, the biggest indoor room in the state: the Suns played in the old Coliseum at the fairgrounds, and the big tours came to Tempe. Bruce Springsteen and the E Street Band played it on November 5, 1980, on the River Tour, a show bootleggers have treasured since; U2 came through on April 2 and 4, 1987, on the Joshua Tree Tour, after Bono cut his chin in rehearsal and the middle night moved. Wells Fargo bought the name in 1997, as the new downtown arena took the concerts away.

The basketball program’s long middle years left the upper deck empty, and in 2010 the university hung a wall across it, cutting the official capacity to under 11,000. Bobby Hurley’s teams of the late 2010s brought the crowds back, the wall came down in 2018, and the listed capacity returned to 14,198. Desert Financial Credit Union bought the name in 2019, extended the agreement in 2023, and the Big 12 move the following year gave the old building the best schedule it has had since the Pac-10 of the 1980s. It has also hosted NCAA women’s tournament rounds, in 2015 and 2016, and every ASU graduation that will fit.

The Scottsdale connection

Scottsdale’s ASU alumni are the season-ticket base, and Scottsdale Road runs straight here, becoming Rural Road at the river and passing the arena’s east door. The ASU lexicon entry explains the university’s reach north of the line, and the Suns entry covers the other basketball team Scottsdale drives to, thirty minutes the other way.

Getting there

Scottsdale Road south, across the 202 and the river, where it becomes Rural Road; Veterans Way is the first light past the lake and the arena is on the right beyond the stadium. From North Scottsdale take the 101 south to the 202 west and exit at Scottsdale/Rural. The light rail stops at Veterans Way and College Avenue, a short walk; our getting around note has the line, which also reaches the airport.

The pages this one leans on: the area, the note, and the places inside Scottsdale it pairs with.

While you’re out in Tempe

Arizona State’s college town: Mill Avenue, a two-mile lake with a beach park, Frank Lloyd Wright’s last public building, a football stadium, a brewery district on 8th Street and the cheapest good dinners near Scottsdale.

Also south of the city: Papago Park & the Airport Corridor · Chandler & Gilbert · South Mountain & Wild Horse Pass

The timeline

  1. 1974

    The University Activity Center opens on April 29, a round concrete arena between the football stadium and the Rural Road edge of campus, two years and eight million dollars in the building.

  2. 1980

    Bruce Springsteen and the E Street Band play the arena on November 5 on the River Tour, a show that circulates among collectors for decades.

  3. 1987

    U2 play two nights of the Joshua Tree Tour, April 2 and 4, with the middle date moved after Bono cut his chin in rehearsal.

  4. 1997

    The building becomes Wells Fargo Arena under the university's first naming deal, which runs until 2019.

  5. 2019

    Desert Financial Credit Union buys the name for five years; the agreement is amended and extended in 2023.

  6. 2024

    Arizona State joins the Big 12, and Kansas, Houston and Baylor replace UCLA and Oregon on the arena's calendar.

Questions people actually ask

How far is Desert Financial Arena from Scottsdale?

About eighteen minutes from Old Town with no traffic: Scottsdale Road south, which becomes Rural Road at the river, to Veterans Way; the arena is on the west side of Rural just north of the football stadium. From North Scottsdale take the 101 to the 202 west and exit at Scottsdale/Rural. The light rail stops at Veterans Way and College, a short walk.

Is Desert Financial Arena the same as Wells Fargo Arena?

Yes. The building opened in 1974 as the University Activity Center, was Wells Fargo Arena from 1997 to 2019 and has been Desert Financial Arena since, under a naming agreement with the Phoenix credit union that was extended in 2023. Older locals still call it Wells Fargo or just 'the arena'; the 14,000 seats and the concrete are the same.

How much are ASU basketball tickets?

A fraction of a Suns ticket. Most men's games have seats available the week of at prices that would not buy a parking spot downtown; the Arizona game and the biggest Big 12 visits are the exceptions. Women's basketball and volleyball tickets are cheaper still and often the better night.

Where do you park at Desert Financial Arena?

The Rural Road parking structure on the east side of campus is the closest, and the lots along Veterans Way open for events; both are paid. The light rail stop at Veterans Way and College Avenue is the easiest answer from downtown Tempe or the airport, and from Scottsdale a rideshare to Mill Avenue plus a ten-minute walk beats hunting for a space.

Do concerts still play Desert Financial Arena?

Occasionally, but the big tours now go to the downtown Phoenix and Glendale arenas, and the Tempe concert calendar lives at the Marquee Theatre by the lake and the clubs on Mill. The arena's concert history, Springsteen in 1980 and U2 in 1987 among it, belongs to the years before the Valley had anywhere larger.

Vernacular & LexiconThe SunsValley Metro and the light railASUScottsdale RoadFour PeaksThe 202The 101Spring training

Facts checked: October 9, 2026 • Curated by the Scottsdale.tips editors • Hours, menus and admission change, and the drive time assumes no traffic. Confirm with the place before building a day around it.