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UK doing their version of the Yum Center
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SuperFlyBCat Offline
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Post: #1
UK doing their version of the Yum Center
Due to the Yum Center deal Ville has the highest bball revenue in the country, and the best Arena. Now Rupp Arena will be renovated for about
$310 Million. It will be a palace.

http://www.courier-journal.com/article/2...enovations

[Image: bilde?Site=B2&Date=20140210&...enovations]

[Image: arena1.jpg]

[Image: http-www.uksportsinfo.comwp-contentuploa...06rupp.jpg]

[Image: Screen-shot-2013-07-01-at-10.24.05-AM.png]

[Image: render2htm.191110533_std.jpg]
02-10-2014 04:52 PM
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HeartOfDixie Offline
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Post: #2
RE: UK doing their version of the Yum Center
That's pretty amazing.
02-10-2014 04:57 PM
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OldGoldnBlue Offline
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Post: #3
RE: UK doing their version of the Yum Center
Why does their bar have the NY Jets logo on every screen
02-10-2014 05:03 PM
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SuperFlyBCat Offline
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RE: UK doing their version of the Yum Center
(02-10-2014 05:03 PM)OldGoldnBlue Wrote:  Why does their bar have the NY Jets logo on every screen

03-lmfao
Maybe the architect sent in the wrong image. I got those from Kentucky Sports Radio's website.
02-10-2014 05:08 PM
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SuperFlyBCat Offline
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Post: #5
RE: UK doing their version of the Yum Center
(02-10-2014 04:57 PM)HeartOfDixie Wrote:  That's pretty amazing.

Yes it is. Capacity will remain at 23,500.
02-10-2014 05:09 PM
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HuskyU Offline
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Post: #6
RE: UK doing their version of the Yum Center
(02-10-2014 05:09 PM)SuperFlyBCat Wrote:  
(02-10-2014 04:57 PM)HeartOfDixie Wrote:  That's pretty amazing.

Yes it is. Capacity will remain at 23,500.

That's surprising, but it sounds like what Syracuse is trying to do with their new retractable stadium proposal - making it more of an experience than just a game.
02-10-2014 05:14 PM
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IceJus10 Offline
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Post: #7
RE: UK doing their version of the Yum Center
Considering the recent article about them inflating attendance 20% per game, I guess it stands to figure they need more revenue.

UK Basketball Notebook
02-10-2014 06:05 PM
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Rabbit_in_Red Offline
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Post: #8
RE: UK doing their version of the Yum Center
I don't like that they're using money set aside to aide Eastern Kentucky's plight due to drying up coal money...but otherwise, I dig what they're trying to do with Rupp. I've worked events in there, and I can't lie...it's still about as nice of a venue and building as I've been in but it just looks like a damned barn from outside. The exterior does NOT match the interior as it is now, so it's nice that they're addressing that.

I still hate UK, don't get me wrong but I can be unbiased here.
02-10-2014 06:07 PM
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bitcruncher Offline
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Post: #9
RE: UK doing their version of the Yum Center
The State of Kentucky has always ignored eastern Kentucky. It's almost another state.
02-10-2014 06:08 PM
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HeartOfDixie Offline
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Post: #10
RE: UK doing their version of the Yum Center
I would have guessed an increase in capacity would have been a requirement to help finance such a massive undertaking.
02-10-2014 06:13 PM
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10thMountain Offline
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Post: #11
RE: UK doing their version of the Yum Center
Yup, just got a little hard looking at it!

Well done Wildcats!
02-10-2014 06:14 PM
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bigblueblindness Offline
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Post: #12
RE: UK doing their version of the Yum Center
(02-10-2014 06:07 PM)Rabbit_in_Red Wrote:  I don't like that they're using money set aside to aide Eastern Kentucky's plight due to drying up coal money...but otherwise, I dig what they're trying to do with Rupp. I've worked events in there, and I can't lie...it's still about as nice of a venue and building as I've been in but it just looks like a damned barn from outside. The exterior does NOT match the interior as it is now, so it's nice that they're addressing that.

I still hate UK, don't get me wrong but I can be unbiased here.

I agree, Rabbit. I read about the coal money, and that makes absolutely no sense to me, either. Something political is going on. We could spend all day talking about Eastern Kentucky and welfare since the New Deal, but that is an endless pit.

Talks have been going on forever about getting Rupp renovated, and for those who don't know, it is connected and basically a part of the convention center, as well. If a major event is happening in Lexington, the convention center and Rupp are a part of it. Remember that UT recently renovated their arena, and Lexington mirrors Knoxville in many, many ways. This helps to get them on par with Knoxville and at least in the same conversation as Louisville and Cincinnati, although at a lower tier, for business and entertainment options. It is crazy how much the city has changed just in the last couple of years.
02-10-2014 06:17 PM
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Wedge Offline
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Post: #13
RE: UK doing their version of the Yum Center
(02-10-2014 05:14 PM)HuskyU Wrote:  
(02-10-2014 05:09 PM)SuperFlyBCat Wrote:  
(02-10-2014 04:57 PM)HeartOfDixie Wrote:  That's pretty amazing.

Yes it is. Capacity will remain at 23,500.

That's surprising, but it sounds like what Syracuse is trying to do with their new retractable stadium proposal - making it more of an experience than just a game.

Which makes complete sense. Future revenue increases at college sports venues will come from getting more money out of premium seating, luxury boxes, "seat licenses/mandatory donations", etc., and not from packing in larger crowds.
02-10-2014 06:20 PM
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1845 Bear Offline
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Post: #14
RE: UK doing their version of the Yum Center
(02-10-2014 06:13 PM)HeartOfDixie Wrote:  I would have guessed an increase in capacity would have been a requirement to help finance such a massive undertaking.

It's all about revenue here, the lack of increased capacity isn't surprising. Get donors to chip in the bulk of any construction cost and sell the boxes and other premium options at dramatically higher cost than what was there before. For a program with rabid demand and a decent sized metro area it's gonna be profitable.

I will be shocked if other hoops blue bloods don't adopt luxury seating options like UL has, it's simply leaving money on the table.
02-10-2014 06:35 PM
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HeartOfDixie Offline
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Post: #15
RE: UK doing their version of the Yum Center
(02-10-2014 06:35 PM)S11 Wrote:  
(02-10-2014 06:13 PM)HeartOfDixie Wrote:  I would have guessed an increase in capacity would have been a requirement to help finance such a massive undertaking.

It's all about revenue here, the lack of increased capacity isn't surprising. Get donors to chip in the bulk of any construction cost and sell the boxes and other premium options at dramatically higher cost than what was there before. For a program with rabid demand and a decent sized metro area it's gonna be profitable.

I will be shocked if other hoops blue bloods don't adopt luxury seating options like UL has, it's simply leaving money on the table.

Don't those count towards capacity? Or are they just scrapping general seating and converting them?
02-10-2014 06:36 PM
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SuperFlyBCat Offline
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Post: #16
RE: UK doing their version of the Yum Center
(02-10-2014 06:20 PM)Wedge Wrote:  
(02-10-2014 05:14 PM)HuskyU Wrote:  
(02-10-2014 05:09 PM)SuperFlyBCat Wrote:  
(02-10-2014 04:57 PM)HeartOfDixie Wrote:  That's pretty amazing.

Yes it is. Capacity will remain at 23,500.

That's surprising, but it sounds like what Syracuse is trying to do with their new retractable stadium proposal - making it more of an experience than just a game.

Which makes complete sense. Future revenue increases at college sports venues will come from getting more money out of premium seating, luxury boxes, "seat licenses/mandatory donations", etc., and not from packing in larger crowds.

Very true, and the renovation will certainly include that.
02-10-2014 06:37 PM
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1845 Bear Offline
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Post: #17
RE: UK doing their version of the Yum Center
(02-10-2014 06:36 PM)HeartOfDixie Wrote:  
(02-10-2014 06:35 PM)S11 Wrote:  
(02-10-2014 06:13 PM)HeartOfDixie Wrote:  I would have guessed an increase in capacity would have been a requirement to help finance such a massive undertaking.

It's all about revenue here, the lack of increased capacity isn't surprising. Get donors to chip in the bulk of any construction cost and sell the boxes and other premium options at dramatically higher cost than what was there before. For a program with rabid demand and a decent sized metro area it's gonna be profitable.

I will be shocked if other hoops blue bloods don't adopt luxury seating options like UL has, it's simply leaving money on the table.

Don't those count towards capacity? Or are they just scrapping general seating and converting them?

They count if they are ticketed seating so yes.
02-10-2014 06:40 PM
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HeartOfDixie Offline
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Post: #18
RE: UK doing their version of the Yum Center
(02-10-2014 06:40 PM)S11 Wrote:  
(02-10-2014 06:36 PM)HeartOfDixie Wrote:  
(02-10-2014 06:35 PM)S11 Wrote:  
(02-10-2014 06:13 PM)HeartOfDixie Wrote:  I would have guessed an increase in capacity would have been a requirement to help finance such a massive undertaking.

It's all about revenue here, the lack of increased capacity isn't surprising. Get donors to chip in the bulk of any construction cost and sell the boxes and other premium options at dramatically higher cost than what was there before. For a program with rabid demand and a decent sized metro area it's gonna be profitable.

I will be shocked if other hoops blue bloods don't adopt luxury seating options like UL has, it's simply leaving money on the table.

Don't those count towards capacity? Or are they just scrapping general seating and converting them?

They count if they are ticketed seating so yes.

So, they must be converting general seating.
02-10-2014 06:40 PM
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stxrunner Offline
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Post: #19
RE: UK doing their version of the Yum Center
(02-10-2014 06:17 PM)bigblueblindness Wrote:  
(02-10-2014 06:07 PM)Rabbit_in_Red Wrote:  I don't like that they're using money set aside to aide Eastern Kentucky's plight due to drying up coal money...but otherwise, I dig what they're trying to do with Rupp. I've worked events in there, and I can't lie...it's still about as nice of a venue and building as I've been in but it just looks like a damned barn from outside. The exterior does NOT match the interior as it is now, so it's nice that they're addressing that.

I still hate UK, don't get me wrong but I can be unbiased here.

I agree, Rabbit. I read about the coal money, and that makes absolutely no sense to me, either. Something political is going on. We could spend all day talking about Eastern Kentucky and welfare since the New Deal, but that is an endless pit.

Talks have been going on forever about getting Rupp renovated, and for those who don't know, it is connected and basically a part of the convention center, as well. If a major event is happening in Lexington, the convention center and Rupp are a part of it. Remember that UT recently renovated their arena, and Lexington mirrors Knoxville in many, many ways. This helps to get them on par with Knoxville and at least in the same conversation as Louisville and Cincinnati, although at a lower tier, for business and entertainment options. It is crazy how much the city has changed just in the last couple of years.

I don't know if I'd go that far. If you are talking about entertainment options, Lexington is still pretty far off from Cincinnati. The last 10 years have been very kind to Cincy, it's night and day from a decade ago. Louisville as a city still isn't on the same level as Cincy from a city standpoint.
02-10-2014 06:56 PM
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chargeradio Offline
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RE: UK doing their version of the Yum Center
FWIW, Lexington-Fayette Urban County now has a higher population than the cities of Pittsburgh or Cincinnati - of course, Lexington has nowhere near the metro population the Cincinnati, Pittsburgh, or even Louisville does.
02-10-2014 07:40 PM
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