Why does U of L want Mo’ Money?

In today’s Sporting News Today, there’s a list of the colleges with the highest revenues from football and basketball in the ’07-’08 seasons.

Perched high atop the list of hoops money makers is the University of Louisville, which had revenues of $23,500,000+. A distant second: North Carolina with revenues of $17.8 million +.

Which, if my arithmatic is correct, means that U of L hoops made almost $6 million — $5.7 mill — more than any other school in the land. (UK ranked 10th, at $14.9 million rounded up.)

Those are astounding numbers.

I’ve heard from several long time Cards fans already this morning. Their queries and plaints boil down to this: How come we’re going to have to pay so much more in the new arena for seats not nearly as good as the ones we’ve had for the decades we’ve supported the school and athletic program?

I wouldn’t be expecting any answers soon. If the answers are blowin’ in the wind, the wind be blowin’ in the other direction.

– Seedy K

3 Comments

  1. Todd
    Posted June 18, 2009 at 11:21 am | Permalink

    And what about the $10 “handling fee” for the football season tickets?

  2. cbcard
    Posted June 18, 2009 at 11:25 am | Permalink

    In order to retain the same level of seats in the new arena as I have enjoyed since 1953 (I have had season tickets since I was nine years old) my “donation” is going to increase 56%. That number is not a typo. 56%!. And worse is none of that extra revenue seems to be earmarked to buyout Kragthorpe.

  3. fred
    Posted June 18, 2009 at 11:08 pm | Permalink

    UL Basketball tickets are a classic example of supply and demand. If cbcard doesn’t want to pay the freight, it’s just a fact that there’s a long and willing line of buyers ready to take his place and pay whatever Tom Jurich wants to charge. Meanwhile, cb and I will watch the games from the curb into which we have been kicked.

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