MSU donor files notice of intent against Board of Trustees over season tickets

University donor Brian D. Posey and TM Leasing have filed a notice of intent against the Michigan State University Board of Trustees and various fundraising arms, alleging a breach of contract regarding season-ticket accounts. The claimants assert they have purchased approximately $7 million in tickets and contributed $1.5 million in donations over thirty years in exchange for guaranteed benefits.

The notice, filed on September 24, details written pledges totaling $300,000 made between 2023 and 2024 for the Men’s Golf and Hockey Excellence Funds. While the claimants have paid no less than $170,000 toward these pledges, the university began revoking season-ticket accounts in January 2026, citing a revised ticketing policy and a history of reselling.

Posey and TM Leasing are seeking restitution for amounts paid, relief from the remaining pledge balance, and compensation for lost business value associated with the loss of 32 to 42 season-ticket accounts. The filing names the Board of Trustees, the Department of Intercollegiate Athletics, and several university officials as respondents.

Read the full story at statenews.com.