Bank Underwrites Tech's $25K Court-Storming Fine

Paul Steinbach Headshot

Cory Newsom's trip to United Supermarkets Arena last Saturday turned out to be quite costly, but he wouldn't have it any other way.

Newsom, president and CEO of Lubbock, Texas-based City Bank, announced yesterday that the bank would cover the $25,000 in fines levied against Texas Tech after fans stormed the court to celebrate the Red Raiders' 72-71 win over second-ranked West Virginia. The Big 12 Conference deemed the university's post-game safety protocols insufficient during the post-game chaos, which led to a WVU player striking a Tech fan.

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