Menu
Colleges

Illinois' Beer Sales Expected To Bring In $100,000 In First Year

Revenue from the Univ. of Illinois' public beer sales at Memorial Stadium and State Farm Center is "expected to top $100,000 in its first year," according to Ben Zigterman of the Champaign NEWS-GAZETTE. However, Illinois Senior Associate AD/Business Development Marty Kaufmann said that "overhead costs involved with setting up the sales will lower profits, especially in Year 1." Kaufmann said, "There will probably be an increase in the low six figures. But we've found when researching this that Year 1, you have some operational costs. Everybody thinks there's going to be a windfall, but ... that's not necessarily the case right away." Zigterman noted part of the school's revenue increase will "go toward paying for more security at games," even though school officials "expect alcohol-related incidents to decrease." The school has "increasingly tested the idea, selling alcoholic beverages to premium ticket holders" at Memorial Stadium since '08 and at State Farm Center since '15. Champaign Mayor Deborah Frank Feinen, who is also the city's liquor commissioner, said that she "doesn't have a problem with expanding beer sales, especially because fans in the premium seats could already drink alcohol." She added that it "always seemed inequitable that fans who didn't buy expensive tickets couldn't buy a beer" (Champaign NEWS-GAZETTE, 4/4).

SBJ Morning Buzzcast: April 26, 2024

The sights and sounds from Detroit; CAA Sports' record night; NHL's record year at the gate and Indy makes a pivot on soccer

TNT’s Stan Van Gundy, ESPN’s Tim Reed, NBA Playoffs and NFL Draft

On this week’s pod, SBJ’s Austin Karp has two Big Get interviews. The first is with TNT’s Stan Van Gundy as he breaks down the NBA Playoffs from the booth. Later in the show, we hear from ESPN’s VP of Programming and Acquisitions Tim Reed as the NFL Draft gets set to kick off on Thursday night in Motown. SBJ’s Tom Friend also joins the show to share his insights into NBA viewership trends.

SBJ I Factor: Molly Mazzolini

SBJ I Factor features an interview with Molly Mazzolini. Elevate's Senior Operating Advisor – Design + Strategic Alliances chats with SBJ’s Ross Nethery about the power of taking chances. Mazzolini is a member of the SBJ Game Changers Class of 2016. She shares stories of her career including co-founding sports design consultancy Infinite Scale career journey and how a chance encounter while working at a stationery store launched her career in the sports industry. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Daily/Issues/2019/04/05/Colleges/Illinois.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Daily/Issues/2019/04/05/Colleges/Illinois.aspx

CLOSE