Strike one for Aresco. No Orange Bowl tie-in for the Big East

[BlueDogs]

Ok ... Genius ... what's your Plan?

Again: We are at Daybreak of a new era ... and several networks are making noise that they want our games as content. If ... NBC (or Fox etc) pay us in excess of $10m per School, we have the necessary juice to play in this industry. For all the moaning around here, I have never heard anything more intelligent than #BegHarder. We aren't getting B1G nor ACC interest at this stage ... and imho, we need to get that 35,000 attendance to a more robust fanbase. It is about Football.

Look, I agree on the fan base. But, success against quality opponents breeds fans, not playing Buffalo, Westerm Michigan, etc..

I made a simple point. These folks get paid a lot of money to advance UConn's interests. When you get paid a lot to perform, you need to perform.
You have a 100MM stadium and 10s of millions more of sunk investment. I suggest the right economic package shopped to the desired conferences would go a long way to solving the problem. We throw away hundreds of millions on economic development (500MM on bus lanes to nowhere, etc.).
Roughly 25 Million goes to each Big10 School under TV contracts. Nebraska will not get any revenue share until 2017 (so they are financing their way in basically by foregoing 100MM.) Now, if we assume, that we will get 10MM per year in the new, new Big Least, that would be 100MM over 10 ten years (assuming it hangs together and revenues do not fall as things deteriorate). Conversely, if we entered the Big10 and only recieved revenue share in years 5-10, we would end up with an equal amount - 100MM, and for each year thereafter we net 10MM more per year. Now, if we threw another 50MM sweetner payment payable over 5 years into the deal and financed it with a gross receipts tax on stadium tickets and concessions we could carry the borrowing cost (assumming a low tax free bond rate of 2%) and repay the principal borrowing from future net revenues.
That's the rough idea. I dont get paid to figure out the finer details. But, this is how big things done, instead of thinking in a small box. The fact is I believe this program is a tremendous asset to the State, and can be a major economic driver in our economy. So, I don't accept the status quo.
Furnished courtesy of this business lawyer.

 

[fortebleedsblue]

Vo

I agree with this... This is a big difference between Nebraska and West Virginia and us... We play in a generally full 40k seat stadium, and they play in full 80k and 60k seat stadiums respectively. To me, it doesn't seem to be only about TV markets. However, the selections of Pitt and Syracuse to the ACC have me scratching my head, unless it is based on potential (65k and 50k fields).

I'm certainly not calling for an expansion to the Rent at this time, but I really think we would be more attractive if we played in a consistently full 50k+ stadium coupled with on field success and the potential for TV market.

And before anyone calls me out on it, I am buffaloed by the inclusion of BC, except that they really were stupid enough to think they bought the Boston market.

Correction.. We play in a 3/4ths full 40k stadium with approx 1/4th there for kick off and the peak being between end of 2nd qtr and beginning of 3rd qtr ... They play in 60 and 80 k stadiums that are full from start to finish.

 

[spsct]

Vo

Correction.. We play in a 3/4ths full 40k stadium with approx 1/4th there for kick off and the peak being between end of 2nd qtr and beginning of 3rd qtr ... They play in 60 and 80 k stadiums that are full from start to finish.

I was trying to be nice...

 

[TouchdownHusky]

I agree with this... This is a big difference between Nebraska and West Virginia and us... We play in a generally full 40k seat stadium, and they play in full 80k and 60k seat stadiums respectively. To me, it doesn't seem to be only about TV market However, the selections of Pitt and Syracuse to the ACC have me scratching my head, unless it is based on potential (65k and 50k fields).

Agreed. Pitt is a distant second in PA as far as capturing the heart of it's state. Kind of the "next best thing" after the Nittany's unless you just want to focus on the Pittsburg and Philly pro-sports market. As for Syracuse. . . take away the fraternity/sorority of Broadcasters coming out of the Communications School, and the hold they have on today's media venues, you are left with what? . . . another 500 fans? UConn with it's all sports athletic program would have been a much better fit.

I'm certainly not calling for an expansion to the Rent at this time, but I really think we would be more attractive if we played in a consistently full 50k+ stadium (that would help and it's not gonna be cheaper to expand 10 years from now or 20 years, so do it now)coupled with on field success and the potential for TV market.

And before anyone calls me out on it, I am buffaloed by the inclusion of BC, except that they really were stupid enough to think they bought the Boston market.
Really stupid because there is no market for college sports in Boston other than ice hockey. Why would the ACC ever have thought it was a good market for college sports. That would be as dumb as if the Big East were to reinvite Temple because of the attractive Philly college sports market. Oh wait not a smart move there either.