kcsu
Living Legend
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- Aug 27, 2011
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Lets assume that SU spends the money on an upgrade of Manley or a new football facility. Assuming we can do this for 10m.
If we have a winning team it will do a few things. First of all lets assume a winner brings in an additional 7500 per game. Based on a 6 game home stand that would equate to an easy 1-1.5 million per year in Rev including tickets, concession, ect... On top of that you have the boost to the local guys on the hill. Lets say that is worth a min of 1m a year. So now you make a bowl and once in a while you make money on it. Lets peg that at 200k a year minimum. In addition the University is bound to see and increase in donations to not only the sports teams but the general fund as everyone likes a winner. Lets peg the increase at a modest 750k per year. My point is that by doing an upgrade the University will at a minimum make back their investment in very short period of time. Throw in a bsc bid once every 10 years and a few more top notch bowls and maybe the gate goes up to 10k more per game. Thinking that we need to win to support the upgrade is ass backwards. We need to upgrade to win and to create additional rev. With construction at a stand still in CNY and interest rates at an all time low there will never be a better time to make the move.
If we have a winning team it will do a few things. First of all lets assume a winner brings in an additional 7500 per game. Based on a 6 game home stand that would equate to an easy 1-1.5 million per year in Rev including tickets, concession, ect... On top of that you have the boost to the local guys on the hill. Lets say that is worth a min of 1m a year. So now you make a bowl and once in a while you make money on it. Lets peg that at 200k a year minimum. In addition the University is bound to see and increase in donations to not only the sports teams but the general fund as everyone likes a winner. Lets peg the increase at a modest 750k per year. My point is that by doing an upgrade the University will at a minimum make back their investment in very short period of time. Throw in a bsc bid once every 10 years and a few more top notch bowls and maybe the gate goes up to 10k more per game. Thinking that we need to win to support the upgrade is ass backwards. We need to upgrade to win and to create additional rev. With construction at a stand still in CNY and interest rates at an all time low there will never be a better time to make the move.