U of L purchases iconic Cardinal Stadium cabooses Thursday, Aug 22 2019 

By Matthew Keck —

The University of Louisville Athletic Association announced they bought the cabooses that reside at Cardinal Stadium Aug. 14.

U of L will ultimately pay $1.5 million to Cabooses Express to keep the cabooses. The deal was broken down so the University of Louisville Athletic Association is paying $660,000 initially, then $140,000 for the next six years.

U of L Athletic Director Vince Tyra said it was never the universities intention to lose the cabooses. “We wanted more control and risk management in place,” said Tyra.

U of L officially assumed control of the cabooses on Aug. 1, but the deal wasn’t official until Aug. 14. The university is still bound to its leases with the cabooses’ tenants though.

Tyra also said the university wanted to makes this purchase to ensure more protection. He said they plan to do away with overnight stays in the cabooses. Tyra also said that there will be a meeting with the tenants to discuss the new rules.

For the past 20 years Caboose Express had leased the cabooses to U of L. The ULAA decided in January they weren’t going to renew the lease.

Tyra said the cabooses will absolutely be there for the football team’s season opener.

Joseph Garcia // The Louisville Cardinal

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UofL releases findings that led to firing of longtime tennis coach Tuesday, Aug 20 2019 

Officials say the investigation spanned three months and eventually led to the dismissal of Rex Ecarma.

        

Louisville’s wide receivers part of special football fraternity Monday, Aug 19 2019 

The team has embraced a term used by Hall of Famers, All-Americans and Super Bowl champions

        

U of L to buy KentuckyOne Hospitals Wednesday, Aug 14 2019 

By Matthew Keck —

The University of Louisville announced it will buy KentuckyOne Health’s Louisville assets on Aug. 14. This move was made to prevent the closure of the struggling Jewish Hospital and other local medical facilities.

U of L President Neeli Bendapudi said, “These medical facilities and the thousands of professionals who work there have for decades provided high quality medical care to patients throughout our community and beyond.”

“We are proud to protect that legacy and to ensure the continuation of that care as we acquire and enhance these facilities.”

As part of the deal U of L will be paying $10 million to acquire the KentuckyOne assets. The Kentucky Cabinet for Economic Development has pledged a $50 million, 20-year loan, to support this purchase. That loan will have to be introduced and approved by the state legislature next January.

The loan from the state was vital to help offset the significant financial risk for the university. In agreement with the loan, the state said they would forgive half of the loan if U of L meets certain criteria. KentuckyOne’s parent company, CommonSpirit Health, has also agreed to forgive $19.7 million U of L owes in outstanding promissory notes.

U of L will receive more than $76 million in anticipated capital towards future operating expenses.

Gov. Matt Bevin said, “U of L’s acquisition of the KentuckyOne facilities will maintain more than 5,000 jobs in the healthcare sector and ensure that our healthcare delivery system in Metro Louisville is preserved.”

“I am confident that this acquisition will further the incredible medical research occurring at these facilities, while simultaneously meeting the growing demand for quality, cutting-edge healthcare services.”

Two other local foundations are investing in the future of this plan. Jewish Heritage Fund for Excellence and St. Mary’s Healthcare Foundation will contribute $10 and $40 million respectively, to be paid over four years.

Outside investing has been the key to making this purchase possible for U of L said Bendapudi. Lack of financial backing led to the original deal falling through in June.

Bendapudi also said Jewish Hospital has been slated to be closed in just two months, which made these negotiations urgent.

U of L will have to determine how to operate these facilities profitably. They will also need to find money for hundreds of millions of dollars in upgrades. Bendapudi noted this purchase is a risky deal, but also one that offers opportunity.

With the addition of these hospitals, medical school residents and students will have more resources at hand. It will allow them to conduct more cutting-edge research and clinical trials. This will bring about 5,500 more employees to the University as well.

What U of L is buying as listed on their transaction sheet:

  • Jewish Hospital, including visitor and employee parking garages.
  • Frazier Rehab and Neuroscience Center
  • St. Mary and Elizabeth Hospital
  • Jewish Hospital Shelbyville
  • Our Lady of Peace Hospital
  • Physicians groups affiliated with KentuckyOne
  • Outpatient Facilities: Medical Center Jewish East, South, Southwest, and Northeast

The U of L Board of Trustees unanimously approved the plan, expected to close on Nov. 1 pending approval. The acquired locations will be branded under U of L Health.

Photo by Gabriel Wiest / The Louisville Cardinal

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Mobile ticketing will be primary source of entry to Louisville Women’s home basketball games Wednesday, Aug 14 2019 

Mobile ticketing gives fans the chance to manage, view, scan, transfer and sell tickets with a mobile device.

        

Bill Murray, Jay Bilas join Louisville coach Chris Mack’s ‘fantasy experience’ Wednesday, Aug 14 2019 

The camp gives super fans the opportunity to spend a weekend as a UofL basketball player or coach.

        

Football Cards set at safety Tuesday, Aug 13 2019 

When it comes to the starters, Khane Pass and Russ Yeast have things locked down at the moment.

        

New interim assistant vice president of human resources announced Monday, Aug 12 2019 

By Matthew Keck–

University of Louisville President Neeli Bendapudi announced in an email that John Elliott resigned as interim assistant vice president on August 12.

Elliott will maintain his role as chief human resources officer at U of L Physicians and U of L Hospital. He has served both of these roles since July 2017.

“This move will allow John to focus on his important role as chief human resources officer at U of L Physicians and U of L Hospital,” said Bendapudi in the email. “John led the U of L HR operation during a time of great transition, and I thank him for his service.”

She also highlighted Elliott’s transformation of human resources into a unit that focused on employee rewards and professional development.

Mary Elizabeth Miles will serve as the interim assistant vice president for human resources, effective immediately. Miles is currently the director of employee relations and compliance and has worked at the university since December 2010.

Bendapudi said that she expects a smooth transition under Miles’ new leadership. “I am looking forward to working with Mary Elizabeth in the interim, and I will update the campus community on my plans for the permanent position later this semester,” said Bendapudi.

Bendapudi closed the email by saying that she is giving herself time to engage with shared governance leaders before making a final decision.

Photo Credit by U of L Human Resources

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Cardinals face challenging 2019-20 men’s basketball schedule Thursday, Aug 8 2019 

Including an exhibition game, nine of the Cardinals' 12 non-conference games will be played at home in the KFC Yum! Center.

        

Louisville women’s basketball season tickets on sale Monday, Aug 5 2019 

You could see the Cardinals play 14 games at the KFC Yum! Center in 2019-20 season.

        

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