ANN ARBOR, Mich. -- The University of Michigan netted more than $2.6 million from its rental of Michigan Stadium for August's preseason exhibition game between world soccer powerhouses Manchester United and Real Madrid.
The Ann Arbor News reports (http://bit.ly/1oniZOE ) the school and Relevent Sports entered into a contract July 20 with a base price of $2 million. Relevent Sports paid the school $550,000 to access the stadium for a two-hour practice session for each team the day before the match.
Relevent Sports also paid Michigan at least $63,000 for additional expenses, including box office personnel, security, and staff in Ann Arbor.
The newspaper obtained the contract through a Freedom of Information Act request.
United beat Madrid 3-1 on Aug. 2 in the International Champions Cup game.
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