Topic:
LEASES; SPORTS;
Location:
SPORTS - STADIUM;

OLR Research Report


March 17, 2008

 

2008-R-0223

UCONN'S HOME FOOTBALL GAMES AT RENTSCHLER FIELD

By: Rute Pinhel, Research Analyst

You asked about the lease agreement between UConn and the Office of Policy and Management (OPM) for the use of Rentschler Field. You want to know if the agreement requires UConn to play its home games at Rentschler Field and if so, what would happen if UConn played home games in other stadiums.

The lease agreement between OPM and UConn explicitly states that UConn agrees to play all of its home football games at Rentschler Field stadium during the term of the lease, which expires on June 30, 2023. Should UConn breach this agreement, the lease provides that OPM may seek injunctive or financial relief. It limits the financial relief to OPM's lost profit. Michael Mehigen, senior policy advisor for OPM, estimates that the lost net profit to OPM would be approximately $500,000 per game.

Both parties could mutually agree to amend the lease to allow UConn to play home games in other stadiums. According to Mehigen, UConn has not yet approached OPM to do so.

RP:dw