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Prudential Center is a multipurpose indoor arena in the central business district of Newark, New Jersey. Opened in 2007, it is the home of the New Jersey Devils of the National Hockey League (NHL) and the men's basketball program of Seton Hall University, known as the Seton Hall Pirates. The arena officially seats 16,514 patrons for hockey games and up to 18,711 for basketball. Fans and sports writers have affectionately nicknamed the arena "The Rock" in reference to the Rock of Gibraltar, the corporate logo of Prudential Financial, a financial institution that owns the naming rights to the arena and is headquartered within walking distance of it. In December 2013, the arena ranked third nationally and ninth internationally for self-reported annual revenue. In January 2023, the arena was ranked fifth globally by Pollstar for concert revenue.
The arena was built amidst financial concerns and years of speculation that the Devils would relocate, despite the fact that the team was a perennial playoff contender and had been at or near the top of the NHL's standings for over a decade. The arena is located two blocks from Newark Penn Station in downtown Newark, just west of Newark's Ironbound district, which makes it easily accessible via New Jersey Transit, PATH, Newark Light Rail, and Amtrak. At the time of its opening, Prudential Center was the first major league sports venue to be built in the New York metropolitan area since Meadowlands Arena, the Devils' former home, opened in 1981. The arena was designed by Populous and Morris Adjmi Architects. It is owned by Harris Blitzer Sports & Entertainment (HBSE) and operated by their Devils Arena Entertainment subsidiary.
For years, the New Jersey Devils had been rumored to be at least considering relocation. Even when the team won the Stanley Cup in 1995, it was amidst rumors that the franchise would move to Nashville. Despite playing championship-caliber hockey in the 2002–03 season culminating in a Stanley Cup that year, the Devils only averaged 14,858 fans per game at their home arena, Continental Airlines Arena at the Meadowlands Sports Complex in East Rutherford.
A project to build a new 18,000-seat arena in Newark first received funding from Newark's city council in 2002, when the team was owned by Puck Holdings, a subsidiary of YankeeNets. In 2004, former Lehman Brothers executive Jeffrey Vanderbeek bought the team from Puck Holdings and became a strong proponent of the proposed arena. Vanderbeek said, "The Devils need a new arena that can provide a game-day experience that is certainly equal to the best team in the National Hockey League and certainly equal to the product that is put on the ice." He also stated that he believed the arena "would take downtown Newark to a whole new level." After legal battles over both eminent domain and the city's financial participation in the arena project, the final deal was approved by council and went through in October 2004.
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