… “Is this a misprint or what?” [Former University of Kentucky All-American Frank Ramsey] said when he saw that the K Fund donation required to reserve his second-row [Kentucky basketball] seats would leap from $1,350 to $5,000 per ticket.
… [He] decided not to renew his tickets near the floor.
… “I agree the university has the right to price their tickets,” he said. “I’m sure they’ve done a lot of research on it before raising the prices 300 percent.”
Actually, the increase in required K Fund donation for the first four rows represents a 370 percent markup.
… “(Paying) $10,000 just for the right to buy two tickets in Lexington, Ky., with this economy the way it is statewide — just seems they would have to have something to back it up…”
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Lexington Herald-Leader
August 30th, 2010 at 7:27AM
When Calipari comes to town, the lawyers’ retainer fees skyrocket.
August 30th, 2010 at 11:37PM
From $1,350 to $5,000 per ticket is a 270% markup — a factor of 3.7, but not 370%.
August 31st, 2010 at 1:22AM
Thanks, Vance Maverick.