https://www.wdrb.com/in-depth/kfc-y...cle_1fd16358-849d-11ee-b6be-7b1d4476b078.html
"The fortunes of the (arena's) impact ride heavily upon the performance of the Cardinals," Rob Hunden, the company's president and CEO, told the Louisville Arena Authority on Monday. "Their attendance has been, you know, extremely up and down over that time period. And that impacts performance quite a bit."
Attendance at Louisville men's games was 129,205 during the 2022-23 season, down 7% from the prior year and a drop of 71% from the highest annual attendance listed in the report: 443,320 in 2015-16.
And as a result, the amount of money spent inside the arena during those games has plummeted from a high of $5.4 million in 2016-17 to a low of $2.2 million in 2022-23, excluding the first years of the pandemic.
"The fortunes of the (arena's) impact ride heavily upon the performance of the Cardinals," Rob Hunden, the company's president and CEO, told the Louisville Arena Authority on Monday. "Their attendance has been, you know, extremely up and down over that time period. And that impacts performance quite a bit."
Attendance at Louisville men's games was 129,205 during the 2022-23 season, down 7% from the prior year and a drop of 71% from the highest annual attendance listed in the report: 443,320 in 2015-16.
And as a result, the amount of money spent inside the arena during those games has plummeted from a high of $5.4 million in 2016-17 to a low of $2.2 million in 2022-23, excluding the first years of the pandemic.
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