FINANCIAL TROUBLE FOR THE UNIVERSITY OF NEW MEXICO’S MEN’S LOBO BASKETBALL TEAM. THE ALBUQUERQUE JOURNAL REPORTS THEY’RE NOT PACKING THEM IN AT THE ARENA AND ARE LOSING TICKET REVENUE … A PROBLEM BEING FELT BY MANY COLLEGE ATHLETICS PROGRAMS ACROSS THE COUNTRY.
LAST SEASON, THE JOURNAL SAYS THE LOBOS PULLED IN 4-MILLION DOLLARS IN TICKET REVENUE … BUT MISSED REVENUE PROJECTIONS BY MORE THAN 671-THOUSAND DOLLARS. TICKET REVENUE FOR MEN’S BASKETBALL, FOOTBALL, AND WOMEN’S BASKETBALL HAVE ALL DROPPED IN RECENT PAST SEASONS.
