OXFORD — After the Mississippi Institutions of Higher Learning Board of Trustees approved renderings for the proposed expansion of Oxford-University Stadium, where Ole Miss baseball plays its home games, the university confirmed its plans in an announcement Thursday.

According to the announcement, the project will add 450 premium seats with a new club section. It will add a new entrance gate to the venue and a plaza that will honor the Rebels' 2022 national title team.

It is scheduled to begin at the end of the 2024 season and be ready for the 2026 campaign.

"This is an exciting project that achieves some of our core goals for Oxford-University Stadium — increasing capacity, providing more premium opportunities, improving ingress/egress for the venue and celebrating our baseball legacy,” Ole Miss AD Keith Carter said in a statement. “We look forward to once again partnering with ICM and CDFL/HOK on the expansion."

Ole Miss lists the current capacity of Oxford-University Stadium/Swayze Field at 11,477.

The project is part of a stadium renovation plan for which the budget is $30 million, documents show. Ole Miss proposes to pay for it with self-generated athletic revenues. Carter said that Ole Miss would continue to explore its other planned renovations "based on the pace of fundraising and trends in the college athletics industry."

The athletic department reported an overall loss of over $8 million in the 2023 fiscal year. Baseball was one of three profitable sports for Ole Miss.

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"We feel like we have a plan in obviously growing revenues, but finding a way to slow down those expenses as we go forward," Carter told The Clarion Ledger last month.

David Eckert covers Ole Miss for the Clarion Ledger. Email him at deckert@gannett.com or reach him on Twitter @davideckert98.

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This article originally appeared on Mississippi Clarion Ledger: Ole Miss announces plans for baseball stadium expansion