In reply to trouble
" Phillip Ray, chief business development officer for the A&M University System, said the 12-year deal will net the university $50 million over the course of the contract. The university had been providing food services at the athletics facilities in-house and put the services out for bid. This contract tops Levy's contract with Ohio State University, which was considered the largest among the nation's colleges."
But note the net profit the school makes over the term…and Sharp collects a good bit of that at contract signing. Which highlights the word CONCESSION…
https://www.foodservicedirector.com/operations/levy-restaurants-outsource-foodservices-am-athletic-facilities
Unless the contract has been extended, likely ends in 2026.trouble said:
Too bad it's Sharp's call and not the AD
" Phillip Ray, chief business development officer for the A&M University System, said the 12-year deal will net the university $50 million over the course of the contract. The university had been providing food services at the athletics facilities in-house and put the services out for bid. This contract tops Levy's contract with Ohio State University, which was considered the largest among the nation's colleges."
But note the net profit the school makes over the term…and Sharp collects a good bit of that at contract signing. Which highlights the word CONCESSION…
https://www.foodservicedirector.com/operations/levy-restaurants-outsource-foodservices-am-athletic-facilities