The future of sports at UK might soon look a lot different.
On Thursday morning, the board of the Lexington Center Corporation voted unanimously to commission a study that will look into the possibility of building a brand new basketball arena, renovating Commonwealth Stadium and building a brand new UK baseball stadium.
If the plan becomes a reality, the project would cost between 300 and 400 million dollars.
However, it wouldn't end up costing taxpayers a dime.
IMG College will pay for the initial 6 month study to see if these ideas are even possible in Lexington. In addition, after the study, if the city agrees to the project, IMG will pay for construction costs.
They say they'll offset the costs of the building and renovation with corporate sponsorships..
The feasibility study starts immediately.
As for the future of Rupp Arena, if the plan is adopted, it would be used as a performing arts center and more convention room will be given to Lexington Center.