Originally Posted by gamecockhub
The Lifetime membership was offered in the Mid-1980s. For purchasing a $100,000 life insurance policy with the university as beneficiary (I think the cost was $5000) in return you were guaranteed never again to have to pay anything but the cost of season tickets for up to either 6 or 8 seats and that lifetime membership is willable. Have to remember at the time the maximum donation level was a silver spur at about $1300. I would have bought one but had just graduated and could not afford it. I believe there were 25 people who bought the lifetime membership and this ruling shows that those members were correct and Hyman and crew were wrong at least in how they chose to deal with the lifetime members.
So yes, they were given lifetime rights to their tickets for only the yearly cost of those 6 to 8 seats and cannot be charged anything else, no donation, no YES and at the time it included parking too. Basketball was also included.
There has to be more than 25 people who bought these because I know of at least 8 families who have them. They've had them for YEARS and many bought multiple tickets. I know of one family who bought at least five sets of seats.