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UConn Athletics
UConn Men's Basketball Forum
Mike Anthony: UConn President Susan Herbst Understood Importance Of Athletics-Academics Partnership
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[QUOTE="huskymedic, post: 2804769, member: 549"] Moot point since nothing is happening in the near term but if it does, UConn will pay it one way or the other. [URL='http://crdact.net/data/Unsorted/Audit-RFP-Rentschler-2017-74241-1.pdf']Under current lease contract with the State which expires in 2023[/URL] - UConn is on the hook for any revenue shortfall up to a $25ok annually in addition to the $170k game day (x 6 game minimum) cost. “UConn keeps revenues from ticket sales, merchandise sales, and sponsorship, and the stadium keeps concession and parking revenues. [URL='https://www.cga.ct.gov/2014/rpt/pdf/2014-R-0175.pdf']If concession and parking revenues do not cover all operating expenses, CRDA may charge UConn to make up the difference.[/URL] “ That contract renegotiation under the current/future economic pressures for both side will be interesting... [/QUOTE]
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UConn Men's Basketball Forum
Mike Anthony: UConn President Susan Herbst Understood Importance Of Athletics-Academics Partnership
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