The owners of the Menominee Nation Arena in Oshkosh are predicting major increases in revenue over the next few years.
Fox Valley Pro Basketball is projecting total revenues of $8.6 million in 2021, $9.8 million for 2022, and nearly $14-million by 2023. Much of that is based on increases in event revenues and sponsorships.
The owners also expect to turn a profit, after emerging from bankruptcy next month.
A federal court filing is predicting a net of $50,000 for September through December. That includes the November TIF payment of $472,000 the City of Oshkosh owes Fox Valley.
The plan projects ticket revenues starting in September, with the Wisconsin Herd resuming its lease payments in December. Total revenues for the four months are predicted to be $1.4 million.
