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BASKETBALL LaTech/LSU Basketball Contract Details

BCarlisle37

BTB Publisher
Staff
Dec 21, 2015
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Ruston, LA
La Tech & LSU will square-off on November 24, 2020 at the Century Link Center managed by ASM Global.

Tech will be the home team.

Officials will be mutually assigned by and between the assignors from Conference USA & the SEC.

Tech will receive a minimum guarantee of 30K. Tech will have the potential to receive a payment of 60K. LSU will receive minimum 25K payout, maximum of 65K.

Tech has committed to selling 1,000 tickets for the event. LSU has committed to selling 2,000 tix for the events.

Tech will owe 100K if they cancel the game. LSU will owe 100K if they cancel the game.

If 5K tix or more are sold, Tech will receive additional 5K. If 7,500 tix are sold, Tech will receive additional 10K payout. If 10K tix are sold, Tech will receive additional 20K. If 12,500 tix are sold, Tech will receive additional 30K payout.

If 5K tix or more are sold, LSU receives additional 10K. If 7,500 tix are sold, LSU receives additional 20K payout. If 10K tix are sold, LSU receives additional 30K payout. If 12,500 tix are sold, LSU receives additional 40K.

This is a really good deal for Tech. Good on LSU for making it happen as well. They really don’t get much better of a payout than Tech. I guess they value the exposure.
 
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