HARTFORD — The top Republican in the Connecticut Senate wants private donors to pick up the cost of UConn’s departure from the American Athletic Conference.
Senate Minority Leader Len Fasano wrote on Thursday to the school’s new president, Tom Katsouleas, urging him to have the UConn Foundation pick up $20.5 million tab and not students or taxpayers.
That figure includes UConn’s $17 million exit fee to the AAC and a $3.5 million entrance fee to rejoin the Big East for the 2020-21 school year. The exit fee must be paid in full by 2026.
UConn has said it plans to use the school’s share of AAC revenue from 2019 and 2020 to help pay the fee, along with money generated from sources such as athletics, dining, housing and parking.
Read Fasano’s full letter below:
UConn’s Spokesperson Stephanie Reitz released the following statement:
“President Katsouleas spoke with Sen. Fasano over the phone this afternoon and had a good conversation. While 99 percent of the existing donations made to the UConn Foundation are restricted for a specific purpose and can’t be used for any other purpose by law, the university would of course welcome any donor interest in helping UConn to defray the costs of our conference change, and we are exploring this possibility.”