January 31, 1996 MEMORANDUM TO: President Deno Curris Board of Trustees FROM: R. w. Robinson, Athletic Director SUBJECT: Income Generated from Carolina Panthers The final figures are in from the Carolina Panthers' use of Memorial Stadium for the 1995 season. Please review the follow? ing along with my recommendation regarding the distribution of this revenue. I. Revenue from Carolina Panthers $2,113,000. Expenses: City of Clemson $100,000. Utilities 24,000. Miscellaneous 18,000. 142,000. II. Net After Expenses $1,971,000. Debt Service on Stadium ($1.00 Per Seat, Per Game) -532,000. Proposed Distribution of Remaining Funds $1,439,000. *Academic Scholarships $900,000. Athletic Department (With special attention to .2247 Gender Equity Issues) 218,000. Faculty Assistance 50 000. Student Assistance 1 ,000. University Library *$900,000. distribution is augmented by the $100,000. gift from the Richardson family for a total of $1,000,000. Post Office Box 31 - Clemson, South Carolina 29633-0031 100 Perimeter Road - jervey Athletic Center - Clemson, South Carolina 29634