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RE: Transcript of the Huggins interview
RE: Transcript of the Huggins interview
Re: RE: $2 million to UC, via Marge
From: Mick Bergman
Date: 02 Dec 2005 - 12:53 PM EST
Date: 02 Dec 2005 - 12:53 PM EST
From my understand the only money UC would lose would be local money.
The games on ESPN, ABC, CBS, etc., all go to a big money pot that is
divied up equally to all the schools.
On 12/2/05, Bart Neeb -ELMOS-NA- <address@hidden> wrote:
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.
- References:
- RE: $2 million to UC, via Marge
- From: Bart Neeb -ELMOS-NA-
- RE: $2 million to UC, via Marge
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