• Loading stock data...
Saturday, December 21, 2024

As Big 12 Expands, A Basketball Power Spends Big On Football

  • The University of Kansas will spend $300 million to upgrade its football stadium.
  • The Jayhawks reached their first bowl game since 2008 last season.
The University of Kansas

The Big 12 will expand to 16 teams next year — at which point it will only get more competitive and bring in more media revenue. Now, one of its schools traditionally known as a basketball powerhouse is spending more money on the football field.

The University of Kansas has set an initial fundraising goal of $300 million to renovate its football stadium and bolster the surrounding area with a new conference center and multi-use facilities. New renderings show a transformed Gateway District with retail and dining amenities.

The first phase of the project, which will begin after this season, will see the building of new southwest, west, and north sides for David Booth Kansas Memorial Stadium. The venue will be reduced from its normal capacity of 47,000 for the 2024 season.

Additionally, the Anderson Family Football Complex — KU’s training facility — will be expanded and renovated with additions like a sports medicine center and 1,200-square-foot content studio to accommodate an increasing focus on NIL.

That $300 million figure is close to but not quite on par with recent renovations at traditional football schools like Florida, which is spending $400 million to upgrade The Swamp.

The Jayhawks finished seventh in the Big 12 last season after finishing last in the conference the previous seven seasons — their 6-6 regular-season record was good enough for the school’s first bowl appearance since 2008.

In 2024, the College Football Playoff will expand to 12 teams, allowing more schools to bring in lucrative postseason revenue.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Netflix Keeps Expanding Live Sports Lineup—Now Women’s World Cup

FIFA has sold the 2027 and 2031 U.S. rights to Netflix.

Can Fox Find Success in Return to Golf—Now With LIV?

The network’s closing in on a media-rights deal with the tour.

New College Football Playoff Era Begins Under Friday Night Lights

Indiana visits Notre Dame on Friday night to kick off the first rounds of games.

Mavericks CEO Hire Makes Adelsons’ Arena Ambitions Clear

The NBA team pulls a legendary executive out of retirement.

Featured Today

Texas Memorial Stadium

Inside the First On-Campus College Football Playoff Games

FOS is on the ground in Austin for Clemson-Texas.
Pat McAfee holds up the USC Gamecock during ESPN Gameday near Williams-Brice Stadium in Columbia, S.C. Saturday, September 14, 2024.
December 20, 2024

‘Traveling Circus’: How ‘College GameDay’ Plans to Visit Two Campuses in 24..

Inside the show’s grueling schedule for the expanded Playoff.
December 19, 2024

The Lawsuits That Defined the Business of Sports in 2024

Litigation was flying, and lawyers were busy this year.
Indiana's Elijah Sarratt (13) celebrates a touchdown during the Indiana versus Purdue football game at Memorial Stadium on Saturday, Nov. 30, 2024.
December 16, 2024

How College Football Entered an Unprecedented Era of Parity

The reason the expanded Playoff bracket includes new faces.
Oct 5, 2023; Landover, Maryland, USA; Washington Commanders owner Josh Harris with fans before the game against the Chicago Bears at FedExField.

RFK Stadium Bill Passes in Overnight Stunner

In a 1:15 a.m. vote, all 100 senators voted yes.
Boston mayor Michelle Wu
December 19, 2024

Boston Mayor Defends NWSL Stadium Renovation Going $100 Million Over Budget

Costs to renovate the 75-year-old stadium have roughly doubled.
Dec 17, 2024; Washington, DC, USA; Speaker of the House Mike Johnson (R-LA) alongside Steve Scalise (R-LA), left and Tom Emmer (R-MN), right, during a press conference on Tuesday, Dec. 17 on Capitol Hill in Washington.
December 20, 2024

Spending Bill Fiasco Keeps RFK Stadium Bill Hopes Alive

NFL pressure could be “best hope” to revive RFK Stadium bill.
Sponsored

How UBS Crafts Impactful Partnerships Across Sports, Arts, and Culture

As UBS continues to expand its impressive array of sports and entertainment partnerships, the company solidifies its position as a leader in wealth management.
December 19, 2024

Philadelphia Approves $1.55B Sixers Arena Despite Demonstrators

Despite protestor disruptions, Philadelphia’s city council approves the controversial project. 
Dec 1, 2024; Landover, Maryland, USA; Washington Commanders tight end Zach Ertz (86) spikes the ball in the end zone after catching a touchdown pass as Commanders wide receiver Terry McLaurin (17) celebrates against the Tennessee Titans during the fourth quarter at Northwest Stadium.
December 18, 2024

Commanders D.C. Stadium Plan Hinges on Government Funding Resolution

D.C. is a frontunner for a Commanders stadium—if a funding bill passes.
December 17, 2024

Rays $1.3 Billion Stadium Gains Approval With Manfred’s Influence

The commissioner helps turn opposition after a recent visit to Florida.
December 16, 2024

Vegas Positioned for NBA Expansion Team, but Where Will It Play?

At least three Las Vegas locales are vying for an NBA team.