Straight from the Stadium Financials...base rent for the team 170k per game + a cumulative operating deficit burden capped at 250k per annum.
OPM is party to a lease agreement with the University of Connecticut (the “University”). During September 2016, the parties executed an amended and restated lease agreement that expires on June 30, 2023. The parties to the lease agreed to operate under the terms of the amended and restated lease agreement for the year ended June 30, 2016. Pursuant to the amended and restated lease agreement, the Stadium receives a base rent of $170,000 per each home football game held at the facility in addition to reimbursement of allowable incremental operating expenses incurred in hosting the game. Base rent increases each subsequent year of the lease by $500 per each home football game held at the facility. In addition, per the terms of the lease, the University is required to fund a Cumulative Operating Deficit Fund to cover any annual operating shortfalls in the Stadium budget, up to $250,000 per year. The Stadium recognized $224,133 in other revenue from the University to cover the annual operating shortfall for the year ended June 30, 2017. In accordance with the terms of the lease, OPM retains exclusive rights to certain ancillary revenues recognized from each game, including revenues from concessions and parking.