“C”FB: “Texas raises ticket prices as player costs go up”

BobPSU92

Heisman
Aug 22, 2001
42,629
33,336
113
See the link below. From the article:

”AUSTIN, Texas -- Texas will be raising football season ticket prices by $13 per game next season as the program, already one of the richest in the nation, tries to meet rising costs.

Athletic director Chris Del Conte announced the price increase this week in his annual campus town hall, where he detailed the program's expected finances upon final approval of a landmark $2.8 billion lawsuit settlement that lays the foundation for players to receive money directly from their schools.

Texas will have nearly $30 million in new costs and about 200 new scholarships across all sports, Del Conte said. The ticket price increase will help cover some of that.

The increased scholarships will cost about $9.2 million, and the school plans to pay $20.5 million annually to its athletes.”



Totally f*cked. 😞
 
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blion72

All-Conference
Oct 30, 2021
1,579
1,199
113
See the link below. From the article:

”AUSTIN, Texas -- Texas will be raising football season ticket prices by $13 per game next season as the program, already one of the richest in the nation, tries to meet rising costs.

Athletic director Chris Del Conte announced the price increase this week in his annual campus town hall, where he detailed the program's expected finances upon final approval of a landmark $2.8 billion lawsuit settlement that lays the foundation for players to receive money directly from their schools.

Texas will have nearly $30 million in new costs and about 200 new scholarships across all sports, Del Conte said. The ticket price increase will help cover some of that.

The increased scholarships will cost about $9.2 million, and the school plans to pay $20.5 million annually to its athletes.”



Totally f*cked. 😞
this not a collective but instead Univ Texas actual budget money for scholarships. i thought that the university could not spend it own budget money on "paying players".