Contract 46100

The University of Nebraska-Lincoln (UNL) Department of Intercollegiate Athletics entered into a Facilities Limited Use License Agreement with Fans First Entertainment LLC on October 3, 2025, for the operation and promotion of a special sporting event. The licensed event is the BananaBall Championship League World Tour featuring the Savannah Bananas versus a to-be-determined opponent, scheduled for Saturday, June 13, 2026, at 7:00 PM, with a weather backup date of Sunday, June 14, 2026. The event will be held at Memorial Stadium in Lincoln, Nebraska. The contract period covers the single-day event on June 13, 2026, with no annual recurring value. The total contract amount is $0.00 in facility licensing fees; however, the University will provide a $150,000 sponsorship payment to the licensee within seven business days following the event.

Under this agreement, Fans First Entertainment LLC is responsible for talent compensation, equipment procurement, broadcast personnel, advertising, and overall event production. The University retains responsibility for facilities management, including ushers, security, parking attendants, medical staff, and field preparation. Revenue allocation is divided as follows: the licensee retains 100 percent of general seating ticket sales (71,360 bowl seats priced at $40–$60 per ticket), while the University retains 100 percent of premium seating revenues (2,506 suite seats and 8,970 club seats priced at $90–$115 per ticket), concessions, catering, alcohol service, and parking revenues. Fans First Entertainment LLC is required to maintain comprehensive insurance coverage including $10 million general liability, $5 million auto liability, and $5 million cyber liability.