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Author
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Topic: What is UK basketball Worth
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Mike-1
Player
Member # 394
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posted 11-21-2009 02:49 AM
2. University of Kentucky, Wildcats
Value: $25.4 million
Operating Income: $16 million
Previous Value Rank: 2
Lexington, Ky., Metro Population: 454,210
Kentucky has hired sports heavyweights IMG and ISG to conduct a feasibility study for a new privately financed basketball venue, which, if built, would likely vault the Wildcats--who currently receive no revenue from concessions, parking or premium seating at Rupp Arena--
into a financial stratosphere all their own.
A very interesting read from Forbes on 03.16.09.
Link
Sorry, I corrected the link. You MUST allow the link time to load, then wait for the slide-show to start. It's slow.
[ 11-21-2009, 06:30 AM: Message edited by: Mike-1 ]
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Redbone, Rest In Peace
Posts: 443 | From: Catlettsburg, Kentucky | Registered: Feb 2000
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Mike-1
Player
Member # 394
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posted 11-21-2009 06:48 AM
As stated above.
Sorry, I corrected the link. You MUST allow the link time to load, then wait for the slide-show to start. It's slow.
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Redbone, Rest In Peace
Posts: 443 | From: Catlettsburg, Kentucky | Registered: Feb 2000
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GA Cat
Administrator
Member # 642
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posted 11-21-2009 07:02 AM
That article was written last March before the firing of Gillespie and the hiring of Calipari. To think that even through the Gillespie years, Kentucky was able to maintain a #2 ranking. That is pretty incredible. I wonder if the hiring of Calipari will impact some of the numbers for Kentucky even in this down economy.
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Born Blue, Always Blue
Kentucky Blue, that is...
Posts: 2321 | From: Atlanta, GA, USA | Registered: Jul 2000
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catmandoo
Player
Member # 1284
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posted 11-21-2009 08:42 AM
Mike, good find and it's a interesting story and it does look like we need our own venue. It may take a few years to get ready but when it is it will be something special and worth waiting for.
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http://www.ukfightsong.com/
Posts: 186366 | From: st. augustine florida 32092 | Registered: Mar 2001
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