UK to be paid almost $1 million for its four neutral site games in 2016-17

UK to be paid almost $1 million for its four neutral site games in 2016-17

Drew Franklinover 5 years

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cal-money Kentucky will be paid a lot of money for playing four of its non-conference games on neutral sites next season -- a "whole lot," as Tom Crean would DM. Through an open records requests to the university, Kyle Tucker over at the Courier-Journal dug up the finalized contracts for the Cats' upcoming games against Michigan State in the Garden; Hoftra in Brooklyn; Arizona State at Atlantis; and North Carolina in Las Vegas. Together, the four contracts are worth $950,000. The majority of that money will be used to cover the trips, DeWayne Peevy told the C-J:
“You want to negotiate a guarantee to make sure that you at least can cover your expenses. That’s the goal, not to lose money,” deputy athletic director DeWayne Peevy said. “All four of those will cover our expenses, plus some additional revenue. That’s the biggest thing for us in going to more neutral-site games: with an away game, there’s not much revenue off it.”
A breakdown of each contract can be found in Tucker's story. Kentucky is not under contract for any 2017-18 non-conference schedule outside of Louisville and the annual Big 12/SEC Challenge.

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2021-11-27