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Tuesday, June 19, 2012

Rupp Arena ticket prices, K Fund donations
to increase for 2012-13 UK basketball season

The UK Athletics Department announced a K Fund and ticket increase for the 2012-13 men’s basketball season at a meeting of the University Athletics Committee of the University of Kentucky Board of Trustees on Tuesday.

 

Annual donation levels for approximately 7,000 lower level seats will be increased for the 2012-13 season. Per game ticket prices will also increase by $5 per game. Lower level season tickets will now be priced at $45 per game and upper level tickets at $40 per game. Single-game ticket prices will increase to $50 in the lower level and $42 in the upper level. Together, these increases will generate approximately $3.5 million in new annual revenue.

 

The complete home schedule for next season is not yet announced, but it will feature nine games against Southeastern Conference opponents and a non-conference schedule that includes a visit from Baylor in a rematch of last season’s Elite Eight.

 

The price increase comes after a season that saw the team post a program-record 38 wins in 2011-12 and the program’s eighth national championship. In the 2011-12 season, Rupp Arena led the nation in attendance for the 16th time in 17 years. The increase will support UK’s 22-sport athletic program, which is coming off one of the best overalls seasons in school history.

 

K Fund Requirements for Men’s Basketball

 

– Annual donation level of $5,000 per seat will go unchanged.
– Annual donation level of $1,500 per seat will increase to $1,900 per seat (impacts approx. 1,500 seats).
– Annual donation level of $1,000 per seat will increase to $1,250 per seat (impacts approx. 900 seats).
– Annual donation level of $700 per seat will increase to $850 per seat (impacts approx. 4,200 seats).
– Annual donation level of $400 per seat will increase to $450 per seat (impacts approx. 750 seats).
– Upper level public seats will remain without a donation.
– These increases will result in $1.25 million in new annual revenue.

 

Men’s Basketball Tickets

 

– There will be a $5 ticket adjustment.
– Lower level season tickets will be priced at $45 per game.
– Upper level season tickets will be priced at $40 per game.
– Lower level single-game tickets will be priced at $50 per game.
– Upper level single-game tickets will be priced at $42 per game.
– These increases will result in $2.25 million in new annual revenue.

 

Overall Out-of-Pocket Increases for 2012-13 Season Ticket Holders Compared to 2011-12

 

– $55 per seat (6.88 percent) at $5,000 donation level
– $455 per seat (19.78 percent) at new $1,900 donation level
– $305 per seat (16.94 percent) for season ticket holders at new $1,250 donation level
– $250 per seat (13.67 percent) at new $850 donation level
– $110 per seat (10 percent) at new $450 donation level
– $60 per seat (8.57 percent) for public season ticket holders

 

From UK Athletics

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