Legacy Cares, Inc. the owner of Legacy Park: Arizona’s Premiere Sports & Entertainment Complex, a 320-acre world class family sports and entertainment complex enjoyed by millions, has hired a new management company and an investment banking firm to provide options to Legacy Cares as it enters Chapter 11.

In the meantime, Legacy Park will continue to be open and operate in the normal course of business as hundreds of events are scheduled to take place through 2030.

In addition, Legacy Cares has engaged an investment bank, Miller Buckfire & Co, to assist it with options including a potential sale of all assets of Legacy Cares.

“Legacy Cares’ goal is to preserve this landmark facility so it can continue to serve the community for many years to come. Legacy Cares intends to use this process to protect and support the Park’s business operations and address Legacy Cares’ debt obligations while working towards an orderly and efficient possible sale of Legacy Cares’ assets in a manner that maximizes their value.” said Douglas Moss, President of Legacy Cares, Inc.

Over the years numerous businesses in Arizona have successfully emerged from Chapter 11.

Bashas Supermarkets did so in 2009. The chain consisting of Bashas, Food City, and AJ’s Fine Foods was eventually sold to a California grocer in 2021.

Z’Tejas Restaurants filed Chapter 11 twice (2014 and 2018) retaining four restaurants, two in Arizona and two in Texas.

Notable national companies that have successfully emerged from Chapter 11 include General Motors, Chrysler, Marvel Entertainment, and Six Flags.

Veteran sports venue manager Rodney Reese has been hired by Legacy Cares as its VP of Park Operations to oversee the day-to-day management of Legacy Park. Rodney helped launch Legacy Park and has more than 20 years of experience in venue management and business development across multiple sports and entertainment facilities. Elite Sports Group, recently hired by Legacy Cares to replace Legacy Sports, USA to manage Legacy Park, will report to Reese.

Legacy Park surpassed more than 4.3 million visitors in 2022 and in addition to numerous sporting events, has hosted dozens of concerts, festivals, and family friendly community events with over 1.9 million visitors to date in 2023.

“Many millions of people have visited Legacy Park in its first year of operations and will continue to enjoy Arizona’s premiere sports and entertainment complex for many years to come. For months Legacy Cares has been working on new plans to enhance operations and bring revenues in line with expenses. Professionals have been hired to help Legacy Cares with this process by looking at all options for the Park’s best possible future. Today’s announcement of a reorganization along with recent significant management changes will better position Legacy Park to serve as a destination where families and athletes of all ages can enjoy a safe, friendly, high-quality environment to experience different sporting, artistic, educational, and entertainment amenities,” Moss stated.

Legacy Park is a 320-acre sports park facility and entertainment complex located at the intersection of State Route 24 and Ellsworth Road, in Mesa, Arizona. Legacy Park features, among several other amenities, 8 baseball and softball fields; 19 basketball courts; 35 soccer, football & lacrosse fields; 57 indoor volleyball courts; and 41 pickleball courts, in addition to 25 acres of festival space, a 2.7-acre Great Lawn, 3,000 seat outdoor stadium and 2,800 seat indoor arena. They will all remain open throughout the reorganization and beyond.

Just this past weekend, Legacy Park was filled to the brim hosting several simultaneous events including the Nike EYBL tournament showcasing top high school basketball players in the country, VOS Cheer Grand Canyon State Championships, Soccer Alliance of Arizona league games, AZ Region Girls Volleyball tournament, USSSA/GSL Adult Softball Make It Rain Mega Cash Series tournament, and Swish pickleball tournament. For more information about Legacy Park’s facilities, leagues, or upcoming sporting and special events, visit www.elitesportsaz.com.