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The University of Oklahoma will receive $200,000 -- possibly in the form of an endowed scholarship for student athletes -- for renting its football stadium for rock band U2's performance next month in Norman.

The contract for U2's performance Oct. 18 is between the University of Oklahoma Board of Regents and Live Nation UTours. It was released to the Tulsa World this week after an open records request.

It stipulates a $300,000 service fee to the university for personnel, services and rented equipment. OU will also receive part of the box office convenience fees and will retain all the profits from concession sales and parking, according to the contract, which is dated Aug. 10.

University donors with club seats were to have the first opportunity to buy tickets to the concert, and pre-sales were to be offered to OU students, staff and faculty, as well as seat donors and season ticket holders, according to the agreement.

The stadium doesn't often serve as a music venue and one of the last concerts it hosted was 12 years ago, when the Rolling Stones appeared during their "Bridges to Babylon" tour.

© World Publishing Co., 2009.

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