Tennessee Football Adds 10% 'Talent Fee' To Season Tickets To Help Pay Players Ahead Of Revenue Sharing
The University of Tennessee continues to try and find ways to raise money for the upcoming revenue-sharing with student athletes, and they've come up with an interesting solution.
Starting in 2025, Tennessee will add a 10% ‘Talent Fee’ to season tickets for fans of the Vols, along with an increase in ticket prices of an average overall 4.5%.
The decision to make this move now all goes back to the school trying to get out ahead of the upcoming House vs. NCAA settlement that is going to change how student-athletes are paid by the schools themselves. Now that we are headed down a road where schools across the country are trying to find the resources to help off-set these payments to players in all sports, schools are having to get creative with fundraising.
So, Tennessee has decided that starting in 2025, it will charge the ‘Talent Fee’ to all season-ticket holders, which will be per seat on all single-game tickets and season tickets plus donations. This means that the donation you pay, just to be able to purchase tickets, along with tickets for every game will be hit with the 10% increase, which would come out to around a 14.5% increase in total.
As we have seen across college athletics, schools are desperately trying to raise the money needed to take some of the burden off the entire sum of money needed to pay for this new venture.
In the case of Tennessee, they are looking at a $30 million annual sum that they will need to raise funds for, according to a UT spokesperson. So, with this new plan to add a ‘Talent Fee’, the school is projecting that they will raise $10 million off this new venture alone.
I'm sure fans will have questions as to why such a big increase, but this is the new reality that we're living in with college athletics. Schools across the country will be looking at different ways to raise money. Just last week, Georgia announced they would be increasing the price of tickets for each game, and they will no longer have separate prices for SEC and non-conference games.
In order to help fans with the new prices for season-tickets, Tennessee is also offering a ten-month payment plan to help with the increase.
https://www.outkick.com/sports/tenne...ts-ten-percent
The University of Tennessee continues to try and find ways to raise money for the upcoming revenue-sharing with student athletes, and they've come up with an interesting solution.
Starting in 2025, Tennessee will add a 10% ‘Talent Fee’ to season tickets for fans of the Vols, along with an increase in ticket prices of an average overall 4.5%.
The decision to make this move now all goes back to the school trying to get out ahead of the upcoming House vs. NCAA settlement that is going to change how student-athletes are paid by the schools themselves. Now that we are headed down a road where schools across the country are trying to find the resources to help off-set these payments to players in all sports, schools are having to get creative with fundraising.
So, Tennessee has decided that starting in 2025, it will charge the ‘Talent Fee’ to all season-ticket holders, which will be per seat on all single-game tickets and season tickets plus donations. This means that the donation you pay, just to be able to purchase tickets, along with tickets for every game will be hit with the 10% increase, which would come out to around a 14.5% increase in total.
As we have seen across college athletics, schools are desperately trying to raise the money needed to take some of the burden off the entire sum of money needed to pay for this new venture.
In the case of Tennessee, they are looking at a $30 million annual sum that they will need to raise funds for, according to a UT spokesperson. So, with this new plan to add a ‘Talent Fee’, the school is projecting that they will raise $10 million off this new venture alone.
I'm sure fans will have questions as to why such a big increase, but this is the new reality that we're living in with college athletics. Schools across the country will be looking at different ways to raise money. Just last week, Georgia announced they would be increasing the price of tickets for each game, and they will no longer have separate prices for SEC and non-conference games.
In order to help fans with the new prices for season-tickets, Tennessee is also offering a ten-month payment plan to help with the increase.
https://www.outkick.com/sports/tenne...ts-ten-percent
