Dear Buffs Fans,
It is with great excitement that we announce that the University of Colorado will join the Pacific 12 Conference for competition beginning in the fall of 2011.
This is a historic move for the University of Colorado, and it would not have been possible without the enthusiastic support of President Bruce Benson, Chancellor Phil DiStefano and the Board of Regents.
Obviously, we do not take the financial considerations stemming from this decision lightly. This move will result in the Big 12 Conference withholding a total of $6.8 million dollars in conference revenue distributions from the University of Colorado this fiscal year. We will be working hard to fund this reduction in revenue, and an anticipated lower year one (2011) Pac-12 distribution, through the athletics enterprise.
As you know, ticket revenues, donations, as well as sponsorship dollars drive our enterprise. It is the financial support of our fans and donors that makes this move possible, and we will need your support as much now as ever. I urge you to continue to support the University of Colorado, and encourage you to invite your peers to join as we Build Buff Nation. You can click here to learn more about the Buff Club.
Faculty, staff, students and alumni alike will benefit from what our new conference has to offer, and we will be able to keep the momentum building with an earlier commencement date as a member of the Pac-12.
We are excited to begin competition in our new conference and welcome the high level of competition the Pac -12 will offer.
Thank you for your continued support.
Go Buffs,
Mike Bohn
It is with great excitement that we announce that the University of Colorado will join the Pacific 12 Conference for competition beginning in the fall of 2011.
This is a historic move for the University of Colorado, and it would not have been possible without the enthusiastic support of President Bruce Benson, Chancellor Phil DiStefano and the Board of Regents.
Obviously, we do not take the financial considerations stemming from this decision lightly. This move will result in the Big 12 Conference withholding a total of $6.8 million dollars in conference revenue distributions from the University of Colorado this fiscal year. We will be working hard to fund this reduction in revenue, and an anticipated lower year one (2011) Pac-12 distribution, through the athletics enterprise.
As you know, ticket revenues, donations, as well as sponsorship dollars drive our enterprise. It is the financial support of our fans and donors that makes this move possible, and we will need your support as much now as ever. I urge you to continue to support the University of Colorado, and encourage you to invite your peers to join as we Build Buff Nation. You can click here to learn more about the Buff Club.
Faculty, staff, students and alumni alike will benefit from what our new conference has to offer, and we will be able to keep the momentum building with an earlier commencement date as a member of the Pac-12.
We are excited to begin competition in our new conference and welcome the high level of competition the Pac -12 will offer.
Thank you for your continued support.
Go Buffs,
Mike Bohn