nzmorange
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RE: Another Year, Another ACC Title for FSU, Another Six-Figure Loss in ACC CG Revenue?
(03-31-2014 10:56 PM)lumberpack4 Wrote: (03-31-2014 10:11 PM)nole Wrote: It is more like FSU and Clemson are the only schools competing with SEC schools in the $$$ dept.
80% of revenue from the ACC comes from football. With the ACC being the poorest Power 5 school, it is another kick in the nuts to have these schools lose money in the title game and then turn and ask them to compete with the likes of Bama, Auburn, etc.
In 5-10 years with the B1G and SEC network, I don't think they can.
You can't have 2-3 schools at the MOST compete for football titles, punish them for success and then demand they compete with with MUCH richer schools in the SEC.
I am still amazed for think it is odd that folks take issue with losing $$$ compared to teams sitting at home. You are punishing success.
But in the ACC, bball schools want to sit home get a 'equal share' of the 80% football revenue (while the title teams lose $$$) and then drive that money into the sport generating 20% of the revenue.
It is a bad business model.
In the SEC, 80% of the schools are driving their money into the sport generating 80% of the profit.
In the ACC, 80% of the schools (really less) are driving their money into the sport that generates 20% of the profit.
To do this and then ask for schools in the title game to lose money....it isn't right.
It is simple....how can a school sitting at home, not investing in the sport that generates profit earn more from the ACC than the schools that are.
Nole,
You are confused about the situation in the ACC. You are confused as to where the money comes from.
The number one source of revenue in the ACC and the SEC is from football ticket sales and all donations related to football.
The TV revenue that you are so worried about is not even half of the football ticket revenue.
The AVERAGE SEC stadium seats 78K people, with a range of 40K to 102 K. The AVERAGE ACC stadium seats 58K people, with a range of 31K to 82K.
You have an average size SEC stadium.
That 20,000 seat differential roughs out to be about $14 million per year. Your average SEC size stadium is 20K smaller than Bama or UT and 10K smaller than Georgia and LSU. If you have less money than Bama, UT, Georgia, and LSU, that deficiency starts with your SEC average sized football stadium.
Why have you not added 10K - 15K seats so that you can compete with Bama, Auburn, Georgia, LSU, etc regarding money. That's YOUR fault, not the ACC's fault.
Why is football ticket demand so low in west Florida?
NC State, UNC, and Duke sit in the same metropolitan area and they sell a combined 145,000 football tickets - why aren't you selling 100K? How is it that pitiful Duke, NC State and UNC sell so many football tickets year in and year out? They also have to compete with the a professional hockey franchise in their metro. You compete with no one.
In fact, no SEC schools have more than two SEC schools in their state, and at most SEC schools - KY, SC, Tenn, Auburn, Alabama, Ole Miss, MSU, Mizzou, Arkansas, and TAMU, the SEC sports are the ONLY GAME IN TOWN. UF is near the Jacksonville and Orland Metros. UGA is near the Atlanta metro. LSU is near the New Orleans Metro.
You FSU fans want to have your cake and eat it to. You want to dominate the ACC but you want to do it on the cheap. You like brining in the most money, but it's never enough. You want SEC money, but you are unwilling and unable to expand your football stadium to actually compete with the SEC money. You love being able to blame the ACC for your own bad financial decision or lack of SEC level fan support.
You really ought to be damn glad that you have the best deal in college football.
If you want BAMA money, expand to 100K and on top of that charge a BAMA level annual donation fee for tickets. If not shut up.
Profitability equals revenue less costs. Revenue equals tickets sold times price. Price is a factor of supply and demand. It isn't all about size. There needs to be more demand, which is where quality of opponents start mattering. As I understand it, possibly last year aside, FSU isn't selling out most games. Part of that is FSU's OOC scheduling, but the rest is the ACC. Without a committed ACC, what good would adding 10k seats do?
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