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They are talking about spending $300 million for a new arena in Chicago for DePaul basketball. The proposal calls for a 12k seat arena with the cost to be funded by $100 million from DePaul, $100 million from taxpayers, and $100 million from naming rights.
Well, DePaul has been averaging ~8k fans the last few years, so sell outs aren't the excuse for building a new arena. It does show that DePaul is committed to basketball.
The Rent cost just under $100 million, and we can't find $30 to $40 million to expand the Rent even though we need to show commitment to football to get a better conference invite? Interest rates are at historical lows and naming rights for the Rent are coming up in the near future. Make it happen!
One last point. From a business perspective, if expanding the Rent with $30 to $40 mill. brought in bigger name opponents and possibly lead to a conference invite with media rights $20 to $25 million per year more than UConn is making today, you expand the Rent!!!!
Well, DePaul has been averaging ~8k fans the last few years, so sell outs aren't the excuse for building a new arena. It does show that DePaul is committed to basketball.
The Rent cost just under $100 million, and we can't find $30 to $40 million to expand the Rent even though we need to show commitment to football to get a better conference invite? Interest rates are at historical lows and naming rights for the Rent are coming up in the near future. Make it happen!
One last point. From a business perspective, if expanding the Rent with $30 to $40 mill. brought in bigger name opponents and possibly lead to a conference invite with media rights $20 to $25 million per year more than UConn is making today, you expand the Rent!!!!