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| WILLIAM "BILL" HAYES DIRECTOR OF ATHLETICS WINSTON-SALEM STATE UNIVERSITY |
WINSTON-SALEM, North Carolina - Winston-Salem State University has officially made an offer to buy Bowman Gray Stadium, but the school is considering raising student fees 5 percent in order to do that.
The City of Winston-Salem has valued the 17,000-seat stadium at $10 million. WSSU officials said the student fee increase would raise $7.5 million over the next 20 years.
The increase would add another $110 to the bill of full-time students, raising total student fees to $2,100 a year.
"We can't go to the state and say, 'Would you buy us a football stadium?' It has to come from auxiliary sources, and those sources have historically been student fees," said Owen Cooks with WSSU.
A bill that would authorize the stadium's purchase is currently heading through the General Assembly. If passed, a deal could be ready to be signed by the fall. The student fee increase would be implemented this fall as well.
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