Almost 10 years after it opened its doors, The Kentucky Basketball Museum has closed.
The decision was made after the museum failed to raise one million dollars before Monday night's deadline.
The museum opened in 1999 with the expectation 130 thousand people would visit in the first year, but only 28 thousand did.
That number decreased significantly over the last few years. But it's not the end of the museum.
The University of Kentucky now has the responsibility of keeping the rich tradition of UK Basketball alive by opening the museum on campus sometime in the future.
It could be placed in the renovated Joe Craft Center, but no official decision has been made.