UAA will end 'Great Alaska Shootout' after this year's tournament

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The Great Alaska Shootout, which has been a thanksgiving tradition hosted by the University of Alaska Anchorage for the past four decades, will be coming to an end.
UAA announced that the 40th installment of the Shootout will be its last.

Financial woes are what marked the end of the line for the Shootout.
Last year the event lost $447,000, which is too much to endure in these trying times.
The iconic event also suffered from the reduced state funding to the School which led to cutbacks in the Academic, Administrative, and Athletic departments.
The event has been on a slow decline for the past 10 years as less and less fans came to the shootout.
Last year saw the smallest turnout in Shootout history as a combined 19,653 fans showed up for the 8 sessions.
In contrast the Shootout drew 20,712 fans the year before.
Their record crowd was 60,150 in 2007.
While the Great Alaska Shootout may be coming to an end, the memories it created for the fans and players involved will always live on.