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Mo Money, Mo Money, Mo Money - Kentucky joins Alabama @ JMI Sports

Posted on 6/23/14 at 3:56 pm
Posted by Cheese Grits
Wherever I lay my hat is my home
Member since Apr 2012
54617 posts
Posted on 6/23/14 at 3:56 pm
14 Million per year for 15 years LINK
Posted by Han Solo
MURICA
Member since Jun 2014
417 posts
Posted on 6/23/14 at 3:56 pm to
That crowd though
Posted by NYCAuburn
TD Platinum Membership/SECr Sheriff
Member since Feb 2011
57002 posts
Posted on 6/23/14 at 4:00 pm to
quote:

Naming rights to university athletics properties and premium areas.


good luck with that one
Posted by Cheese Grits
Wherever I lay my hat is my home
Member since Apr 2012
54617 posts
Posted on 6/23/14 at 4:06 pm to
Interesting figure tho!

210 million

110 million Commonwealth upgrade (in progress)
18 million Softball and Soccer complex (just finished)
12 million Track & Filed complex (finished last season)
40 million for new baseball stadium

That means 1 deal pays off all the new projects and still leaves 40 million for something else.
Posted by Han Solo
MURICA
Member since Jun 2014
417 posts
Posted on 6/23/14 at 4:09 pm to
quote:

That means 1 deal pays off all the new projects and still leaves 40 million for something else.


Rupp Arena
Posted by Cheese Grits
Wherever I lay my hat is my home
Member since Apr 2012
54617 posts
Posted on 6/23/14 at 4:15 pm to
quote:

Rupp Arena


40 million might be a down payment on new Rupp. Min cost was around 250 million and realistic cost was closer to 350 million. The big issue with Rupp is they want to build smaller and have more corporate suites. UK fanbase wants bigger venue instead.

Current capacity = 24K
UK want more like 18 K
UK fans want bigger like 36K - 48K
Posted by Han Solo
MURICA
Member since Jun 2014
417 posts
Posted on 6/23/14 at 4:18 pm to
They could be like Syracuse and play in their football stadium; they are doing that suite upgrade to their football stadium now they just need to get a roof
Posted by Cheese Grits
Wherever I lay my hat is my home
Member since Apr 2012
54617 posts
Posted on 6/23/14 at 4:32 pm to
quote:

They could be like Syracuse and play in their football stadium; they are doing that suite upgrade to their football stadium now they just need to get a roof


I was actually surprised they did not go this route. SEC football and an elite basketball program would mean one venue and more days used per year. Commonwealth does not have concerts and the like so you have a building costing that much money that gets used what 6 times a year?
Posted by Cheese Grits
Wherever I lay my hat is my home
Member since Apr 2012
54617 posts
Posted on 6/23/14 at 7:31 pm to
They updated the article in the link

Looks like IMG underbid was 246 M over 20 years or about 12 million per year.
Posted by LSU_Saints_Hornets
Uptown NO,LA
Member since Jan 2013
9739 posts
Posted on 6/23/14 at 9:59 pm to
quote:

40 million for something else


Like doing some real recruiting
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