Brace yourselves, Big Blue Nation — the Wildcats aren’t waiting around to adapt to the NCAA’s new reality. With Judge Claudia Wilken’s recent approval of the House v. NCAA settlement, college sports are entering a historic chapter: direct revenue sharing with athletes. Beginning July 2025, schools can distribute up to $20.5 million annually to student-athletes. And while some programs are cautiously approaching the line, Kentucky is sprinting past it.
Mitch Barnhart Isn’t Playing Around
“We are embracing change and rising to the challenges posed by this dynamic landscape,” said Kentucky Athletic Director Mitch Barnhart in a statement to Maggie Smith. But this time, it’s more than talk — it’s a financial blueprint to dominate.
Enter Champions Blue, LLC — a newly formed athletic holding company that will guide Kentucky into this uncharted future. On Thursday, UK’s Board of Trustees gave the green light to not only Champions Blue’s governance structure but also a sweeping and aggressive $110 million spending proposal designed to ensure the Wildcats don’t just survive — they thrive.
The Breakdown: What Kentucky Is Investing In
Kentucky isn’t nibbling around the edges — they’re making massive moves:
$15 million for Kroger Field maintenance
$13 million to renovate corner suites and elevators
$8 million for Wi-Fi upgrades and West End Zone Club design work (fans rejoice — no more buffering!)
$5 million for soccer and softball facility upgrades, crucial as UK prepares to host the 2026 SEC Softball Tournament
$31 million in operational loans to provide financial flexibility for the early revenue-sharing years
A Request for Information (RFI) to explore building a full-scale entertainment district on campus—think restaurants, hotels, and fan zones like those around NFL or World Cup venues.
> “At the end of the day, we’ve got to compete,” said Barnhart. “This isn’t for the timid.”
An SEC Arms Race — and Kentucky Wants the Lead
While many athletic departments are preparing to cut corners, Kentucky is going on the offensive. With the SEC in a full-blown financial arms race, Barnhart is looking to scale, innovate, and monetize like a pro franchise.
He’s even drawing inspiration from professional sports powerhouses — especially their interactive fan zones that stay active year-round, not just on game days.
Meet the Champions Blue Board
The governance of this financial and strategic juggernaut includes not just UK brass, but a trio of heavy hitters from outside athletics:
Shannon Arvin – CEO of Keeneland
Jacob Tamme – UK Football legend turned financial advisor
Chris Prindiville – Former Nike executive and SVP at Fanatics
Their rotating board terms are designed to keep fresh ideas flowing and prevent stagnation.
A Vision for Kentucky’s Future
UK President Eli Capilouto put it best:
> “We build—not for ourselves but for the future we hope, with partners, to create for the state, whose name adorns the front of every jersey for every athlete that competes for our university.”
The Big Question: Will It Pay Off?
Kentucky’s big bet is clear — go bold, or risk being left behind. While others hesitate, UK is laying a financial foundation to lead the next era of college athletics.
So what do you think, BBN? Should this ambitious new athletic budget be approved?

