With the University of Minnesota in Mind, Kansas Expresses Anxiety
'...Chances are, many athletic directors across the country are studying the Minnesota stadium situation and trying to figure out whether they might be able to swing a similar deal. Could KU’s Memorial Stadium, for example, soon be named for some bank or generous contributor? It’s not out of the question; look at the situation at Oklahoma State, where the naming rights were tied to the $125 million gift of Boone Pickens!
Considering the importance KU’s athletic director places on money, surely he is thinking about ways to put the name of some individual or company on the side of Memorial Stadium or maybe even Allen Fieldhouse. For $25 million, $50 million or $100 million, who knows?
...What is the sales value for the KU athletic department or the university itself? How long will it be before corporate naming rights are granted in the Big 12 Conference, and how soon will there be corporate names on KU’s Memorial Stadium and Allen Fieldhouse or Kansas State’s Bill Snyder Family Stadium and Bramlage Coliseum?
Look at the extortion tactics in Allen Fieldhouse and the skyrocketing price for basketball tickets. It doesn’t matter what a person may have given last year, because there is an annual re-evaluation of seat prices, and the highest bidder gets whatever seat location he or she wishes.
Increasing numbers of longtime KU academic and sports supporters are saying enough is enough. Some are known to have changed their wills and long-range giving plans to KU, but apparently, the administration sees nothing wrong with the high-pressure tactics. Who knows what the eventual damage to KU will be? Of course, most of those responsible for the gouging on KU athletic tickets and those who approved the plan will be gone when the next major KU capital campaign comes along. The damage will be done for others to try to repair.'
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