Monday, May 28, 2012

Prairie View A&M and Grambling State, like Texas and OU, will also play at the Cotton Bowl through 2020



EXCERPT:

DALLAS, Texas - But the council also has some voting to do: It’ll be asked to sign off on issuing $25.5 million in debt to renovate the Cotton Bowl, which council has already indicated is a done deal — in large part to keep Texas and Oklahaoma’s Red Rivary Rivalry at Fair Park through 2020. And, as Rudy noted Friday, that too has been wrapped up, thanks in large part to Pete Schenkel, who got the schools to sign on the dotted line on behalf of the State Fair of Texas.

The schools will each receive $500,000 a year to play in the Cotton Bowl — an amount OK’d in ’07, when Texas and OU signed their most recent agreement that ramped up payments leading to this year’s game. Per the council’s recap: The schools received “$125,000 each in 2007, $425,000 each beginning in 2008 through 2011, and $500,000 each beginning in 2012 through 2015.”



One thing not noted at the end of last week: Grambling State University and Prairie View A&M University have also agreed to stick around till 2020, though at a greatly reduced price. They’ll each receive $75,000 to play at the Southwest Airlines State Fair Classic, the same amount the teams have been receiving since their respective $25,000 checks were upped to $75,000 in 2008. (No word on how much the marching-band members get — though it should be a lot, since they’ve long been the game’s most featured attraction.)

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