(06-25-2013 01:41 PM)@ES Trader Wrote: the founders club are two suites for george smith society members at 6,500 per seat per year, i think each suite holds 25.
then you have 16 other suites that are a million over 10 years and i believe that includes the cost of the tickets.
they also have loge boxes the price per year is 16 grand for 4 people and 30 grand for 8 people.
club seats are 2500 per year per seat
there is a commitment tied with each seating option from 10 years for suites down to 3 years (i believe) for club seats.
The pricing is correct - that is straight off GoBearcats.com - but I think there are 18 suites plus the two Founders club suites. So suite revenue will be $18 million over 10 years.
At $6,500 per seat, the 50 Founders Club seats will generate $3.25 million over 10 years.
Based on the drawings, there are 164 seats planned for the patio suites If you assume a configuration for ten 8-seat patio suites and 21 4-seat suites at the $30k/$16k pricing, if they sell out they will generate $6.36 million over 10 years.
There are 1200 club seats in the Scholarship according to the drawings. At $2,500 per, that is $3 million per year, or $30 million over 10 years.
So, if all the premium seats sell out, the revenue potential looks like $57.5 million over 10 years. Don't know how much has been raised so far, but at that rate of revenue generation we could practically build it just based on seat revenues and pay it off in 20 years.
It will be interesting to see what happens, and how much ultimately gets raised in donations to build it. GoBearcats.com includes this statement: "However, UC officials estimate that, after construction is completed, Nippert Stadium will have a capacity of approximately 40,000."