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Posted by Mike-1 (Member # 394) on 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 ]

Posted by Mike-1 (Member # 394) on 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.

Posted by GA Cat (Member # 642) on 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.

Posted by catmandoo (Member # 1284) on 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.