The UCF men’s and women’s basketball programs have called the beautiful 10,000-seat Addition Financial Arena its home since the start of the 2007-08 season. Located in the heart of Knights Plaza on the expansive north side of campus, the state-of-the-art facility opened in the fall of 2007 to packed crowds at multiple events. Under the current configuration, the capacity for basketball games sits at 9,400.

Addition Financial Arena’s unique design provides an intimate atmosphere for all students, alumni, fans and supporters, while creating an intimidating environment for opponents. With a raucous student section, dubbed the “Knightmare,” Addition Financial Arena has quickly become one of the more formidable basketball facilities in the entire southeast. The design offers perfect sight lines for all fans, giving every spectator a spectacular view.

UCF’s first year in the Big 12 Conference saw record attendance for the men’s basketball teams, hosting a total of 134,000 fans over the 2023-24 season that saw the Knights host 19 home games, averaging just over 9,000 fans per league home contest. The inaugural Big 12 campaign also saw the introduction of palm fronds as a free throw distraction in the student section. The terms “Fear the Frond” and “Frond Warning” were born as Knight Nation helped cause opponents to make 10% less of their second-half free throws in Big 12 and postseason play.

The venue has sold out twice for UCF men’s basketball games, the first being the Black and Gold’s 2017 NIT Quarterfinal contest against Illinois, filling the seats with 10,011 fans. The second was the Knights’ Big 12 Conference home opener against No. 3 Kansas on Jan. 10, 2024, as 9,469 fans piled through the turnstiles. Most of those fans piled out of the stands as both games ended in court stormings. UCF's 65-60 victory over the Jayhawks was the highest-ranked opponent that the Knights had defeated in program history.

Approximately 7,000 seats make up the lower bowl of Addition Financial Arena, with an additional 3,000 seats situated in the upper level. Club level seating is on the east side of the Arena, with exclusive access to the regal Black and Gold Club before, during and after each game. The addition of a courtside club on one of the baselines subtracted 600 seats from the lower bowl, making the current configuration for men’s and women’s basketball games a 9,400-fan capacity. The area, located floor-level in front of sections 101-103, offers great views of game action as well as access to top-notch food and beverage options.

The facility features 16 luxury boxes and suites, a club lounge, open concourse areas and numerous concession options. Fans benefit from a state-of-the-art audio and video system. The scoreboard located at center court features four video screens that show replays and player information with an LED ribbon board stretching around the bottom.

Patrons enter the building through a spacious lobby that has conveniently located concession and apparel stands.

Addition Financial Arena sits on the northern side of campus and is nestled in with UCF’s other athletics facilities, including FBC Mortgage Stadium, The Venue, John Euliano Park and the UCF Soccer/Track Complex. FBC Mortgage Stadium also opened up during the same September week in 2007.

The arena is the centerpiece of an area that includes apartment-style dormitories with 2,000 total beds and about 100,000-square feet of retail space. Before and after games, fans can dine and shop at establishments like Barnes & Noble Bookstore, Burger U, Gringos Locos, Domino’s, The Pop Parlour, Dunkin’, Jimmy John’s, Subway and Knightro’s.

The neighboring retail area has room for 24 shops.

Addition Financial Arena also hosts premiere concerts along with UCF commencement ceremonies. The Central Florida Crusaders, expansion members of the National Indoor Soccer League, began fielding men’s and women’s teams in the venue for the 2022-23 season. The Orlando Valkyries of the Pro Volleyball Federation began playing their games in the arena in Jan. 2024.

The arena is located directly in front of UCF’s old home, The Venue, which re-opened following a year of massive renovations to create a new home for the women’s volleyball program as well as dedicated practice facilities for both the men’s and women’s basketball programs. The Knights played in the former 5,100-seat building from 1991-2007.

Construction on the new facility began in November of 2005. The arena was designed by HOK Sports and constructed by KUD International.

The arena officially opened on Sept. 8, 2007, with a Reba McEntire concert. The first UCF event at the new arena occurred on Sept. 28, 2007, when the UCF volleyball team hosted East

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