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Agreed. Our group with all blue passes park in Gray because its all grass.
Ticket Prices
- Thread starter Wildgopher
- Start date
Agreed. Our group with all blue passes park in Gray because its all grass.
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“Most definitely”
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I was for whatever reason thinking about this today.
20,000 x 35= 700,000
30,000 x 15= 450,000
That’s all you need to know about why ticket prices are what they are.
20,000 x 35= 700,000
30,000 x 15= 450,000
That’s all you need to know about why ticket prices are what they are.
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You still have to factor in concessions, parking, merchandise, etc. with an additional 10k ^
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The school does not get money for food, booze or parking.
Last edited:
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Additional tickets are pure margin. You could say the same for parking. But concessions/merch - top line doesn't mean that much.
I think you mean to say the school does not get money for food, booze or parking.
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Yup
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Seems silly
uconnphil2016
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I wonder how many fans we could get if we promoted unlimited beer
uconnphil2016
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Free beer
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Exit 4
This space for rent
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Straight from the Stadium Financials...base rent for the team 170k per game + a cumulative operating deficit burden capped at 250k per annum.
OPM is party to a lease agreement with the University of Connecticut (the “University”). During September 2016, the parties executed an amended and restated lease agreement that expires on June 30, 2023. The parties to the lease agreed to operate under the terms of the amended and restated lease agreement for the year ended June 30, 2016. Pursuant to the amended and restated lease agreement, the Stadium receives a base rent of $170,000 per each home football game held at the facility in addition to reimbursement of allowable incremental operating expenses incurred in hosting the game. Base rent increases each subsequent year of the lease by $500 per each home football game held at the facility. In addition, per the terms of the lease, the University is required to fund a Cumulative Operating Deficit Fund to cover any annual operating shortfalls in the Stadium budget, up to $250,000 per year. The Stadium recognized $224,133 in other revenue from the University to cover the annual operating shortfall for the year ended June 30, 2017. In accordance with the terms of the lease, OPM retains exclusive rights to certain ancillary revenues recognized from each game, including revenues from concessions and parking.
OPM is party to a lease agreement with the University of Connecticut (the “University”). During September 2016, the parties executed an amended and restated lease agreement that expires on June 30, 2023. The parties to the lease agreed to operate under the terms of the amended and restated lease agreement for the year ended June 30, 2016. Pursuant to the amended and restated lease agreement, the Stadium receives a base rent of $170,000 per each home football game held at the facility in addition to reimbursement of allowable incremental operating expenses incurred in hosting the game. Base rent increases each subsequent year of the lease by $500 per each home football game held at the facility. In addition, per the terms of the lease, the University is required to fund a Cumulative Operating Deficit Fund to cover any annual operating shortfalls in the Stadium budget, up to $250,000 per year. The Stadium recognized $224,133 in other revenue from the University to cover the annual operating shortfall for the year ended June 30, 2017. In accordance with the terms of the lease, OPM retains exclusive rights to certain ancillary revenues recognized from each game, including revenues from concessions and parking.