Memphis Basketball starting PSL-Like Program
University of Memphis men's basketball season-ticket holders will receive information this week about the new Tiger Scholarship Fund's Per-Seat Donation program. This program will "require fans to make a minimum annual donation to keep their season-ticket location from one year to the next" according to a front page article written by Jim Masilak of the Memphis Commercial Appeal.The added revenue from this program will help UM "keep up with rising scholarship costs as well as offset budget cuts that could affect its 18 varsity sports." The program is set to go into effect with the 2009-2010 season and will include 80% of the seats at the FedExForum, which holds 18,229 seats. Donation levels will range from $25 for terrace-level seats in the second level to $3,000 for floor seats. The program is similar to ones already in effect at schools such as Kansas and Kentucky.
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