The Tampa Sports Authority is negotiating to operate the University of South Florida’s new on-campus stadium, according to a term sheet presented to the authority board Tuesday.
The facility operating agreement lays out general terms, including the sports authority receiving 15% of the revenue from non-USF games booked by the university and 20% for any event booked by the TSA. All other revenue would go to the school.
The board voted to allow sports authority president-CEO Eric Hart to negotiate a final agreement with the USF Intercollegiate Athletic Association. He expects that to be brought back to the authority in August…