Future Campus Framework Discussion

[SU68]

While you attempted to disprove my point by posting a picture of masters students, could you explain the other thousand or so students seated from the 30 yard line on down?

I wasn't trying to disprove your point. My objective is to show that we don't need a 49,000 seat Dome for commencement for a year. A smaller facility or outside area will be adequate.

 

[CuseLegacy]

Way back, when dinosaurs roamed the earth, my husbands commencement was in Manley and mine was on the quad. They don't have to be in the Dome. They can be done separately for the different colleges. They could even put temporary seating in the IPF.

 

[SU68]

Way back, when dinosaurs roamed the earth, my husbands commencement was in Manley and mine was on the quad. They don't have to be in the Dome. They can be done separately for the different colleges. They could even put temporary seating in the IPF.

Mine was in Archbold. If you guys are dinosaurs, what does that make me? lol

 

[Macky44]

Mine was in Archbold. If you guys are dinosaurs, what does that make me? lol

Dead?

 

[CuseOnly]

Mine was in Archbold. If you guys are dinosaurs, what does that make me? lol

Immortal?

...There can be only ONE!!

 

[oldpinepoint]

When I graduated from Whitman with my MBA my ceremony was on Saturday at Hendricks, Sunday was the large commencement and I didn't bother going to that

 

[UnknownOrange]

Way back, when dinosaurs roamed the earth, my husbands commencement was in Manley and mine was on the quad. They don't have to be in the Dome. They can be done separately for the different colleges. They could even put temporary seating in the IPF.

Unfortunately they cannot. Due to fire codes there is not allowed to be 'events'. There's a max capacity even though it has large size.

 

[OrangeXtreme]

Nate Mink‏
Some comments from County Executive Joanie Mahoney on Carrier Dome renovations. State paid about 1/3 of cost of Dome when it was built.

Mahoney: "There was a justification to create that entity. Now that entity exits and it's on a private campus."

Mahoney says now it's a more difficult question about investing public dollars into private entity that can’t guarantee same economic engine

Mahoney says SU requested gov't funds: "It's possible to see public dollars from county or state. I don’t think decisions have been made."

Mahoney: "It's not apples to apples to say we were there when Dome was built, so we should be there now."

Mahoney also mentioned Boeheim made "roof argument" re: possible collapse, but question is how that fits into est. $225 million+ renovation

 

[jr4750]

Nate Mink‏
Some comments from County Executive Joanie Mahoney on Carrier Dome renovations. State paid about 1/3 of cost of Dome when it was built.

Mahoney: "There was a justification to create that entity. Now that entity exits and it's on a private campus."

Mahoney says now it's a more difficult question about investing public dollars into private entity that can’t guarantee same economic engine

Mahoney says SU requested gov't funds: "It's possible to see public dollars from county or state. I don’t think decisions have been made."

Mahoney: "It's not apples to apples to say we were there when Dome was built, so we should be there now."

so like, that's a bummer man.

 

[AAM62]

Annnnd there's the hold up

 

[rocklloyd]

I'd ballpark IF they can get out of the carrier deal ... somewhere in the neighborhood of 15 years, $35 million. Somewhere around 2-2.5 million per year.

However - that's going to be interested since as far as we know it's a 'lifetime deal' with Carrier

no way it brings that much.

 

[sutomcat]

no way it brings that much.

Here is a link to a pretty good summary of going rates...

Valuing Naming-Rights Deals for the Pac-12 Conference Football Stadiums and Basketball Arenas

Given 5 sports play there, including one of the most prominent basketball programs in the country, I would think $2 million a season is a very fair rate on the open market.

The problem is finding a company with somewhat local ties who would clearly benefit from being associated with Syracuse athletics.

Chobani Yogurt?
Wegmans?
Turning Stone Casino?
Fuccillo Auto Dome?
National Grid?
Welch Allen?
SRC Ltd?

Carrier is still one of the biggest employees in Onondaga County and I bet when the dust clears, they will enter into a new relationship with SU for around $1.5 million a year. If someone else on this list steps up, I would think Wegman's might be the one. They sponsored the LPGA in a big way for many years but have lost that tournament, so there has been a commitment to support major local athletics in the past and money should be available. Further, if you look at where Wegman's is expanding, it correlates well with the footprint of ACC schools. If they want to fight out out with Publix for the #1 upscale supermarket of the Southeast, becoming a fixture on ACC football and basketball broadcasts is a great way to start.

 

[shandeezy7]

Here is a link to a pretty good summary of going rates...

Valuing Naming-Rights Deals for the Pac-12 Conference Football Stadiums and Basketball Arenas

Given 5 sports play there, including one of the most prominent basketball programs in the country, I would think $2 million a season is a very fair rate on the open market.

The problem is finding a company with somewhat local ties who would clearly benefit from being associated with Syracuse athletics.

Chobani Yogurt?
Wegmans?
Turning Stone Casino?
Fuccillo Auto Dome?
National Grid?
Welch Allen?
SRC Ltd?

Carrier is still one of the biggest employees in Onondaga County and I bet when the dust clears, they will enter into a new relationship with SU for around $1.5 million a year. If someone else on this list steps up, I would think Wegman's might be the one. They sponsored the LPGA in a big way for many years but have lost that tournament, so there has been a commitment to support major local athletics in the past and money should be available. Further, if you look at where Wegman's is expanding, it correlates well with the footprint of ACC schools. If they want to fight out out with Publix for the #1 upscale supermarket of the Southeast, becoming a fixture on ACC football and basketball broadcasts is a great way to start.

I think the best bets (if not Carrier) would be Wegmans and Chobani. I know SU has a partnership with Turning Stone, but I'm not sure how a casino having naming rights would fly. With Welch Allyn no longer being locally owned, I don't see that as being viable. Think Fucillo's marketing budget is maxed out already haha.

 

[sutomcat]

I think the best bets (if not Carrier) would be Wegmans and Chobani. I know SU has a partnership with Turning Stone, but I'm not sure how a casino having naming rights would fly. With Welch Allyn no longer being locally owned, I don't see that as being viable. Think Fucillo's marketing budget is maxed out already haha.

Agreed...

 

[jr4750]

What about Aspen Dental?

 

[Toga]

Here is a link to a pretty good summary of going rates...

Valuing Naming-Rights Deals for the Pac-12 Conference Football Stadiums and Basketball Arenas

Given 5 sports play there, including one of the most prominent basketball programs in the country, I would think $2 million a season is a very fair rate on the open market.

The problem is finding a company with somewhat local ties who would clearly benefit from being associated with Syracuse athletics.

Chobani Yogurt?
Wegmans?
Turning Stone Casino?
Fuccillo Auto Dome?
National Grid?
Welch Allen?
SRC Ltd?

Carrier is still one of the biggest employees in Onondaga County and I bet when the dust clears, they will enter into a new relationship with SU for around $1.5 million a year. If someone else on this list steps up, I would think Wegman's might be the one. They sponsored the LPGA in a big way for many years but have lost that tournament, so there has been a commitment to support major local athletics in the past and money should be available. Further, if you look at where Wegman's is expanding, it correlates well with the footprint of ACC schools. If they want to fight out out with Publix for the #1 upscale supermarket of the Southeast, becoming a fixture on ACC football and basketball broadcasts is a great way to start.

Seems like best comparison would be Maryland at just over $2M per year for football and basketball combined.

 

[rocklloyd]

Here is a link to a pretty good summary of going rates...

Valuing Naming-Rights Deals for the Pac-12 Conference Football Stadiums and Basketball Arenas

Given 5 sports play there, including one of the most prominent basketball programs in the country, I would think $2 million a season is a very fair rate on the open market.

The problem is finding a company with somewhat local ties who would clearly benefit from being associated with Syracuse athletics.

Chobani Yogurt?
Wegmans?
Turning Stone Casino?
Fuccillo Auto Dome?
National Grid?
Welch Allen?
SRC Ltd?

Carrier is still one of the biggest employees in Onondaga County and I bet when the dust clears, they will enter into a new relationship with SU for around $1.5 million a year. If someone else on this list steps up, I would think Wegman's might be the one. They sponsored the LPGA in a big way for many years but have lost that tournament, so there has been a commitment to support major local athletics in the past and money should be available. Further, if you look at where Wegman's is expanding, it correlates well with the footprint of ACC schools. If they want to fight out out with Publix for the #1 upscale supermarket of the Southeast, becoming a fixture on ACC football and basketball broadcasts is a great way to start.

I don't quarrel with the valuation link, but as you point out the challenge is finding an organization that feels they would get value from the spend. I don't think it exists locally. It's easy to spend a $1m+ per year from our couches but it's real dollars managed by real people who answer to share holders (in case of Carrier)

Don't discount what carrier spends already. Those stickers on the basketball floor ain't cheap. If you asked me a year ago I'd guess turning stone. But I feel as if that would create NCAA challenges plus they are seeing serious competition from other local casinos.

Maybe Wegmans. I doubt grid, they have their hands full with infrastructure upgrades. Customer would go whacko (at least I would). Who knows?

 

[longtimefan]

Nate Mink‏
Some comments from County Executive Joanie Mahoney on Carrier Dome renovations. State paid about 1/3 of cost of Dome when it was built.

Mahoney: "There was a justification to create that entity. Now that entity exits and it's on a private campus."

Mahoney says now it's a more difficult question about investing public dollars into private entity that can’t guarantee same economic engine

Mahoney says SU requested gov't funds: "It's possible to see public dollars from county or state. I don’t think decisions have been made."

Mahoney: "It's not apples to apples to say we were there when Dome was built, so we should be there now."

Mahoney also mentioned Boeheim made "roof argument" re: possible collapse, but question is how that fits into est. $225 million+ renovation

I don't know about "guarantee", but the Dome surely is, and will continue to be, a major local economic engine.

 

[kcsu]

With the launch of the acc network combined with 6 teams playing there plus other events/concerts it will could be a national brand as the coverage will be significant.

 

[JackBauer44]

Did I miss this article in the thread somewhere? This is big news, yes?

Carrier Dome to get permanent roof as part of $255 million campus upgrade

 

[OrangeXtreme]

Did I miss this article in the thread somewhere? This is big news, yes?

Carrier Dome to get permanent roof as part of $255 million campus upgrade

Article is from May 2016.

That was before Gov Cuomo lost his checkbook.

 

[CuseLegacy]

Did I miss this article in the thread somewhere? This is big news, yes?

Carrier Dome to get permanent roof as part of $255 million campus upgrade

That is from last year when all this talk started.

 

[JackBauer44]

That is from last year when all this talk started.

Hahaha, gotcha. Hungover and saw it on twitter. Got really excited for no reason.

 

[CuseLegacy]

Hahaha, gotcha. Hungover and saw it on twitter. Got really excited for no reason.

No problem...The thread has been restarted and abbreviated, at 29 pages it doesn't seem that way, when it was decided to separate the development around Syracuse from the development on campus. Somewhere on here is the original thread with that story in it.

 

[Toga]

Article is from May 2016.

That was before Gov Cuomo lost his checkbook.

Or rather - someone identified what he'd been doing with his checkbook.