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+----- Thread: MAC annual membership dues and bowl assessment fees... (/thread-745205.html)
MAC annual membership dues and bowl assessment fees... - HuskieJohn - 08-14-2015 09:49 AM
Now I am sure there is much more to these numbers but at first glance this years dues just about negate the new money coming in from the CFP distribution...and on top of that we have to pay for COA which is about $800k.
2015-2016 $1,150,000
2014-2015 $230,000
2013-2014 $230,000
2012-2013 $230,000
2011-2012 $230,000
2010-2011 $230,000
2009-2010 $230,000
2008-2009 $230,000
2007-2008 $170,000
2006-2007 $170,000
2005-2006 $145,000
2004-2005 $145,000
2003-2004 $145,000 (records of 2nd installment for additional 40k but none for any other years)
2002-2003 $145,000
RE: MAC annual membership dues and bowl assessment fees... - Mark26pt2 - 08-14-2015 09:55 AM
Wow - there must be something behind this....some reason the MAC is charging more - not just operating expenses. That does not make sense
RE: MAC annual membership dues and bowl assessment fees... - HuskieJohn - 08-14-2015 09:59 AM
(08-14-2015 09:55 AM)Mark26pt2 Wrote: Wow - there must be something behind this....some reason the MAC is charging more - not just operating expenses. That does not make sense
I sure hope so.
RE: MAC annual membership dues and bowl assessment fees... - BarsemaBone2 - 08-14-2015 10:02 AM
Could that figure be a combination of the COA and the membership fees? COA is estimated at around 800k and that's roughly the difference between this year's #s and last year's.
RE: MAC annual membership dues and bowl assessment fees... - HuskieJohn - 08-14-2015 10:12 AM
(08-14-2015 10:02 AM)BarsemaBone2 Wrote: Could that figure be a combination of the COA and the membership fees? COA is estimated at around 800k and that's roughly the difference between this year's #s and last year's.
I would not think so.
RE: MAC annual membership dues and bowl assessment fees... - NIU8484 - 08-14-2015 10:14 AM
Wait...what? 400% Fee increase? How is this possible...or I guess if you take out the $800K then it's still like a 52% increase, that's pretty sharp...
RE: MAC annual membership dues and bowl assessment fees... - HuskieJohn - 08-17-2015 08:26 AM
I looked into this a bit more and found the reason for the 500% increase. We paid up our dues for 5 years thru 8/31/2020.
RE: MAC annual membership dues and bowl assessment fees... - Dog Fan - 08-17-2015 08:29 AM
So....we will be part of the MAC for the next 5 years? Or, is this a little parting gift from NIU to the MAC?
RE: MAC annual membership dues and bowl assessment fees... - BobL - 08-17-2015 08:38 AM
(08-17-2015 08:29 AM)Dog Fan Wrote: So....we will be part of the MAC for the next 5 years? Or, is this a little parting gift from NIU to the MAC?
I thought the same thing...why prepay? If you have the cash handy let it earn some interest. Maybe one of 2 things:
The MAC was nervous about all the conf jumping talk and wanted a commitment.
Or
NIU is paying towards a future exit fee.
RE: MAC annual membership dues and bowl assessment fees... - Stay Cool - 08-17-2015 08:42 AM
Very interesting regarding the MAC wanting security or NIU paying exit fees in advance...
RE: MAC annual membership dues and bowl assessment fees... - Dog Fan - 08-17-2015 08:50 AM
(08-17-2015 08:38 AM)BobL Wrote:(08-17-2015 08:29 AM)Dog Fan Wrote: So....we will be part of the MAC for the next 5 years? Or, is this a little parting gift from NIU to the MAC?
I thought the same thing...why prepay? If you have the cash handy let it earn some interest. Maybe one of 2 things:
The MAC was nervous about all the conf jumping talk and wanted a commitment.
Or
NIU is paying towards a future exit fee.
Commitment fees seem to be the way of the present in this conference. NIU even did it to its season ticketholders with the 3-year commitment last year. Lucky there wasn't any cash outlays on our part or season ticketholder numbers would have hit rock bottom.
RE: MAC annual membership dues and bowl assessment fees... - HuskieJohn - 08-17-2015 08:54 AM
Lets see if any of the other schools (like Toledo or Buffalo) are paying the 5 years too.
RE: MAC annual membership dues and bowl assessment fees... - Boca Rocket - 08-17-2015 09:02 AM
Maybe by prepaying they are able freeze current fee rate and not have to deal with any increases that might occur by paying annually.
RE: MAC annual membership dues and bowl assessment fees... - Mark26pt2 - 08-17-2015 09:03 AM
(08-17-2015 08:54 AM)HuskieJohn Wrote: Lets see if any of the other schools (like Toledo or Buffalo) are paying the 5 years too.
When I saw we prepaid my first question is did any other school prepay? I am really confused why we would send in the cash for 5 years. The has to be a story behind that payment otherwise it would be poor management and I am sure that is not the case. This is very interesting.
RE: MAC annual membership dues and bowl assessment fees... - Stay Cool - 08-17-2015 09:48 AM
Damn and i just passed Sean T Frazier walking into the convo... shoulda asked him bahaha
RE: MAC annual membership dues and bowl assessment fees... - thxjoenovak - 08-17-2015 10:08 AM
(08-17-2015 09:48 AM)Stay Cool Wrote: Damn and i just passed Sean T Frazier walking into the convo... shoulda asked him bahaha
Few weeks later......
New Thread: "Anybody know what happened to "Stay Cool"?
RE: MAC annual membership dues and bowl assessment fees... - Stay Cool - 08-17-2015 10:10 AM
(08-17-2015 10:08 AM)thxjoenovak Wrote:Basically hahaha(08-17-2015 09:48 AM)Stay Cool Wrote: Damn and i just passed Sean T Frazier walking into the convo... shoulda asked him bahaha
Few weeks later......
New Thread: "Anybody know what happened to "Stay Cool"?