As expected, over time, the trickle of beer sold in college football stadiums has turned into a river.
According to a survey by The Associated Press of Power 5 conference schools and Notre Dame, 55 of 69 of them — 80% — now sell alcohol in the public areas of their stadiums on game days. Of the remaining schools, some sell alcoholic drinks in nonpublic areas of the venue such as suites; others do not sell booze at all.
People want it. More importantly, people will pay for it.
The University of North Carolina, meanwhile, is in its fifth season of selling alcohol, which has helped the bottom line with about $4 million in sales. After having $320,213 in net sales during the 2019-20 athletic year, the school quadrupled that number last year and will see an increase again after this season.
“Athletic departments typically are not profitable,” Barry said. “So, selling alcohol has simply become a new revenue stream.”
No surprise there.
You must be logged in to post a comment.