 The arena is named after Kim and Terry Pegula for their donations to fund the arena and it replaced the 1,350-seat Penn State Ice Pavilion.On September 17, 2010 it was officially announced the men's and women's ice hockey programs would move to the NCAA Division I level for the 2012-13 season.The teams competed in the existing 1,350-seat Penn State Ice Pavilion until the new arena was completed in the Fall of 2013.