UND President Mark Kennedy releases statement regarding Engelstad relationship

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On Wednesday, McGarry, the daughter of late UND donor Ralph Engelstad, requested to meet with the Grand Forks Herald editorial board and discussed a fractured relationship between the Engelstad family and UND’s administration.
On Thursday, NDUS Chancellor Mark Hagerott and State Board of Higher Education chair Don Morton were contacted for comments.
She also claimed Kennedy told her the deal was written to benefit the donor, and the Engelstad family wasn’t acting in the best interest of UND or the arena.
RE Arena Inc. retains 52 percent of such ticket revenue and remits 48 percent to UND.
In terms of advertising (also labeled sponsorship in the document), RE Arena Inc. made $769,000 and paid out $432,000 to UND.
Source: UND President Mark Kennedy releases statement regarding Engelstad relationship