Ferrell Center is an arena located in Waco, Texas, and it was formerly known as Baylor Events Center. It is under the ownership of Baylor University and operated by Baylor University Athletics. The arena broke ground on July 1, 1987, and it opened for the public on September 22, 1988, with a construction cost of $12.5 million. Crain & Anderson, Inc. designed the building with a seating capacity of 10,284 for basketball, 6,000 for volleyball, and 12,000 for concerts.

Ferrell Center serves as a home field to the Baylor University Bears volleyball and basketball teams. The venue is named after Charles R. Ferrell, a legacy and Baylor student who died in 1967. It replaced the Heart O' Texas Coliseum, which served as the school's primary indoor athletic facility. The inaugural event held at the Ferrell Center was a political rally for former President Ronald Reagan. The arena has also hosted several other famous acts on its stages, such as Garth Brooks, Keith Urban, George Strait, Hootie and the Blowfish, Neil Diamond, Steven Curtis Chapman, Michael W. Smith, and Dolly Parton.

Some of the famous world leaders who have spent time on Ferrell Center's stage include Archbishop Desmond Tutu, Colin Powell, former President George W. Bush, and First Lady Barbara Bush. They all were part of the President's Forum Lecture Series.