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Transcript of the Huggins interview
Transcript of the Huggins interview
RE: $2 million to UC, via Marge
From: Bart Neeb -ELMOS-NA-
Date: 02 Dec 2005 - 12:50 PM EST
Date: 02 Dec 2005 - 12:50 PM EST
Does anybody know how much in television revenue UC will be losing out on next year? I can't imagine that the major networks (ESPN/CBS/etc...) are going to be high on giving national exposure to UC in near future.
And will WXIX continue to televise UC games if they are no longer a winner?
Please note I am assuming the worst. Hopefully for the player's sake, I am wrong.
From: Brad Holdheide
Date: 02 Dec 2005 - 10:04 AM EST
A person on the NCAAbbs site reported....
"The Schott Foundation was to donate a total in the $10MM range to UC. The executors (4 of which includes Bob Martin, the director of the foundation) have decided to withhold the balance ($8MM) as they had lost faith in the current Administration to warrant such a large and significant donation. This information comes directly from one of the executors and may I add one angry gentleman. As I understand they will follow the direction of UC closely and will determine future donations as the situation unfolds."
So let's total this up....
$8 mil lost from Schott Foundation
$5 mil lost from another pulled donation (can't recall name but I'll look it up)
$3 mil Huggs buyout
$7.2 mil estimated minimum lost basketball game revenue over next two years
(5000 a game x 18 games x $40 a person x 2 years = $7.2 mil)
$23.2 mil TOTAL
Doesn't include lost UCATS donations, university donations, merchandising, advertising, etc etc etc.
- Follow Ups:
- Re: RE: $2 million to UC, via Marge, Mick Bergman
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