In a better world, if I were more energetic, the politicians involved in this would be made infamous. Put fandom aside. Put blue vs red aside. The athletics department is taking all the money out of the arena, so there's none left to pay the bills, and the taxpayers gets stuck with those bills. That was bad enough when it was originally structured that way, in a back room. But now it's seen the light of day, the facts are out and are known, it goes through the legislative process - and it comes out the same way? With an official stamp of approval of the Kentucky state government? Shameful.
Louisville isn't the most successful program on the court. Doesn't lead the nation in attendance. Doesn't lead (isn't anywhere close) the nation in memorabilia sales. There is nothing about the program to make you say "Of all the schools, I bet that one is the most profitable." Just chicanery. Nothing more.
It's like something you'd see in a third world country....