Administrators at the University of Central Arkansas are considering how to spend at least $93,000 that is expected to be over what a previous beverage-service contract provided, but President Tom Courtway said Tuesday he wanted to spend some of the money from the new Coca-Cola Refreshment Co. contract on academics.
“There’s been no decision made on how to spend that money at this time,” Courtway said.
The issue came up after some faculty questioned how about $2.2 million from a new 10-year contract for “pouring” rights with Coke will be used. Much of that money from a previous contract with Pepsi went to fund athletics, including helping to build a weight room and skyboxes on the Pepsi America Center.
Some faculty said during the Faculty Senate meeting Tuesday that they see athletics getting a lot of help, but not a lot of help coming to academics.