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U-M to pay at least $2.5M for presidential debate
ANN ARBOR — The University of Michigan is paying at least $2.5 million to host a 2020 presidential debate.
The Detroit News reports it obtained a contract including that price tag and other costs associated with the Oct. 22 debate at the Ann Arbor school.
The university must also provide ground transportation and catering services, as well as security upgrades.
University spokesman Rick Fitzgerald said the school plans to use donor funds to pay for the event.
The contract says the university can also recoup some costs through fees charged to journalists and campaigns.
The non-partisan Commission on Presidential Debates announced last month Michigan would be among the debate sites weeks before Election Day.
The Associated Press reported in 2016 the cost of hosting a presidential debate topped $5 million.