It’s all but a done deal.

The Kansas University Athletic Corp. overwhelmingly endorsed plans to adopt a priority point system for allocating next season’s supply of men’s basketball season tickets.

“We’ll have it to the chancellor Monday,” said KU athletic director Lew Perkins.

There, Chancellor Robert Hemenway will accept, reject or tweak the proposal.

“It’s been processed enough,” Hemenway said. “I want to look at it in great detail, and I want to study it. But it shouldn’t take an excessive amount of time.”

Hemenway expects the system to be in place by semester’s end.

Perkins said his office was gathering information needed to calculate point totals. Once the information is in place, he said, he’ll conduct a “mock draft” designed to give current and prospective ticket holders an idea of how many points they’ll need to get the seats they want.

“Realistically, I don’t see being done before the end of March,” said Jim Marchiony, associate athletic director in charge of external affairs. “We’re going to be tied up here pretty soon with Big 12 Conference and NCAA postseason tournaments.”

Perkins predicted that switching to a point system would bring in an additional $2 million to $4 million.

Under the proposed system, season-ticket buyers will be awarded varying amounts of points for past and current support of the athletic department and the university at-large. Those with the most points will be assigned the best seats.

Plans call for points being tallied June 1. Tickets will be good for one season, after which point totals will be recalculated and tickets reallocated.

Under the point system, the decades-old tradition of ticket holders being able to renew their seats year after year will not continue.

The point system is separate from — and does not apply to — the formula for distributing the 1,647 tickets reserved for faculty, staff and retirees.

KUAC also agreed to change to its bylaws, replacing itself with a five-member board of directors and creating a 23-member Chancellor’s Advisory Committee.

The changes clear up long-standing uncertainties over whether the current corporation’s role is to advise or make policy. Under the current bylaws, it’s both.

As proposed, the athletic director will serve as the new board’s chairman. Other members will be the vice provost for student success, KU’s chief business and financial planning officer, a senior university administrator appointed by the provost and the faculty representative to the Big 12.

Led by KU student body president Andy Knopp, several KUAC members objected to new board’s exclusion of alumni or student representatives.

But Lawrence banker and former KU basketball player Mike Maddox said adding members to the board would detract from the goal of letting the KUAC continue in its advisory role without assuming fiduciary responsibility.

“The intent is for us to continue as we are today,” Maddox said, noting that KUAC has been advisory for many years.