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re: Texas with $271M in Revenues 2023
Posted on 1/18/24 at 10:45 am to Old Sarge
Posted on 1/18/24 at 10:45 am to Old Sarge
Texas gets a $400M state of the art facility for basketball and other events, with ZERO cost on UT, UT boosters, or Austin Tax payers
UT will always own the building and land, and Texas students and alums get priority over the public for all concerts and other events held at the Moody Center
And some here think that's a bad deal
Attention Colleges and Universities, This is the Way!
UT will always own the building and land, and Texas students and alums get priority over the public for all concerts and other events held at the Moody Center
And some here think that's a bad deal
Attention Colleges and Universities, This is the Way!
This post was edited on 1/18/24 at 10:52 am
1
Posted on 1/18/24 at 10:51 am to charliethehun
They forfeited over 27 million a year in revenue that they were getting out of the same events at the Frank Irwin center
That’s not zero cost plus the humiliation of publicly admitting that they could not finance it on their own after 10 years of trying was pretty funny to everyone that was involved in the financial planning
That’s not zero cost plus the humiliation of publicly admitting that they could not finance it on their own after 10 years of trying was pretty funny to everyone that was involved in the financial planning
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