Tagged: KFC Yum! Center

The Louisville Cardinals are the "most valuable" team in men's college basketball with a worth of $38.5 million, according to an analysis by Forbes.

The Cards held the honor last year, too, with a worth of $36.1 million.

The question of whether Louisville could and should have an NBA team has entered a quieter phase since the Sacramento Kings began talks of relocating to Seattle. Though it's no done deal, as a Sacramento group is also trying to keep the franchise in place.

Either way, at this juncture no NBA team appears up for grabs—though history dictates that that's likely to change in the next several years

Mayor Greg Fischer has appointed the city's chief financial officer to the Louisville Arena Authority Board amid growing concerns about the financial stability of the KFC Yum Center in downtown.

The mayor named Steve Rowland to the board on Wednesday, giving the CFO a voting position. Fischer believes the CFO will help the arena authority have a broader view of city operations and related financial projections.

"There’s no doubt the KFC Yum Center is a shining star and the envy of other cities," Fischer said in a statement. "At the same time, the city’s financial responsibility to the bondholders is a significant expense in the city budget. Additionally, revenues from the tax-increment financing district supporting the arena have not performed to the original projections."

Tickets to hear the Dalai Lama speak in May in Louisville  go on sale Wednesday morning.

The Buddhist leader and Nobel laureate will speak on May 19-20 at the KFC Yum Center in an event called Engaging Compassion, focusing on "how an individual can engage with compassion from within his or her own religious tradition in order to build world peace from the local level to the world community," according to a news release from the KFC Yum Center. The Monday talk will be a two-part public Buddhist teaching called "Attisha's Lamp for the Path to Enlightenment."