RE: If there is anybody out there who still thinks an OCS would be a profit center
I don't know, but just putting the idea out there of a lot of premium seating (luxury boxes). Any revenue from that would be a plus. Throw in parking, concessions, and naming rights, and revenue could be substantial on a per game basis (if we are fielding a winner), but the limited number of games probably makes it a loser.
You'd probably need other tenants. Maybe MLS, high school games, high school jamboree, state title games, southern heritage classic, and the LB game.
Outdoor concerts or music fests in the tailgating areas could help too. Just a stand alone venue for UM football games probably wouldn't cut it.
RE: If there is anybody out there who still thinks an OCS would be a profit center
(01-05-2015 11:14 AM)MemTigerFan Wrote:
(01-05-2015 10:58 AM)KnightLight Wrote:
(01-05-2015 09:53 AM)3601 Wrote: If there is anybody out there who still thinks an OCS would be a profit center
Yes...as its been proven over the life of on-campus stadiums (50-100 years), that the total sum of Athletic and maybe even more important, ACADEMIC DONATIONS is directly related to getting as many Alums BACK ON CAMPUS as much as possible...and for most schools, ON-CAMPUS FOOTBALL GAMES is the #1 activity to get alums BACK on campus.
But yeah...go ahead and focus on what Akron is doing while completely ignoring what almost every other school in the country is and has been doing.
winner winner chicken dinner!
Its not rocket science.
On-Campus Football Stadium for Memphis might even be more important to your school since you are one of a few that play both football AND basketball games off-campus...leaving your Univ without the 2 biggest regular events (on-campus football and basketball games) that don't occur on your campus.
RE: If there is anybody out there who still thinks an OCS would be a profit center
(01-05-2015 11:22 AM)3601 Wrote:
(01-05-2015 10:58 AM)KnightLight Wrote:
(01-05-2015 09:53 AM)3601 Wrote: If there is anybody out there who still thinks an OCS would be a profit center
Yes...as its been proven over the life of on-campus stadiums (50-100 years), that the total sum of Athletic and maybe even more important, ACADEMIC DONATIONS is directly related to getting as many Alums BACK ON CAMPUS as much as possible...and for most schools, ON-CAMPUS FOOTBALL GAMES is the #1 activity to get alums BACK on campus.
But yeah...go ahead and focus on what Akron is doing while completely ignoring what almost every other school in the country is and has been doing.
Where has this been proven?
Ah...talk to any booster organization...talk to any Univ Foundation Fundraising Arm....and ask them what their #1 event is each and every year in regards to bringing their alumni back to campus?
Also, ask those Univ fundraisers who generally donate $$$ back to the Univ each and every year...and if a majority of those donors COME BACK to campus and when they do, what event(s) do they normally attend.
(This post was last modified: 01-05-2015 06:29 PM by KnightLight.)
RE: If there is anybody out there who still thinks an OCS would be a profit center
(01-05-2015 12:11 PM)ncrdbl1 Wrote: Mathematics 101 any money you collect from boosters toward a new OCS will have to be deducted from money they already spend to support other parts of the program.
Sounds like you don't know much about fundraising...because whatever special project one is raising $$$ for (either be it a new stadium, new arena, new college building, new endowment campaign, etc...), majority of the time these are NEW $$$$ coming into the Univ (i.e. you aren't taking money from Peter to pay Paul), hence why some many of these campaigns are so successful...as these are new/extra $$$$ that wouldn't have been donated during a "regular" year.
RE: If there is anybody out there who still thinks an OCS would be a profit center
(01-05-2015 06:25 PM)KnightLight Wrote:
(01-05-2015 12:11 PM)ncrdbl1 Wrote: Mathematics 101 any money you collect from boosters toward a new OCS will have to be deducted from money they already spend to support other parts of the program.
Sounds like you don't know much about fundraising...because whatever special project one is raising $$$ for (either be it a new stadium, new arena, new college building, new endowment campaign, etc...), majority of the time these are NEW $$$$ coming into the Univ (i.e. you aren't taking money from Peter to pay Paul), hence why some many of these campaigns are so successful...as these are new/extra $$$$ that wouldn't have been donated during a "regular" year.
Exactly. Not only that, but post assumes those giving, are giving absolute max and are unable/unwilling to increase donations.
RE: If there is anybody out there who still thinks an OCS would be a profit center
(01-05-2015 10:31 AM)Pastnerized Wrote: I read enough to realize the apple and oranges. At this point in time, that situation has almost nothing to do with Memphis.
'Nuff said.
It has everything to do with Memphis. An OCS is no guarantee the the students will come to games and If the price goes up to pay for it. I may not be able to afford it.
You need to see the students come to the LB before you invest in an OCS. Waste of Money.
(This post was last modified: 01-05-2015 10:41 PM by tigergeorge55.)
RE: If there is anybody out there who still thinks an OCS would be a profit center
(01-05-2015 10:40 PM)tigergeorge55 Wrote:
(01-05-2015 10:31 AM)Pastnerized Wrote: I read enough to realize the apple and oranges. At this point in time, that situation has almost nothing to do with Memphis.
'Nuff said.
It has everything to do with Memphis. An OCS is no guarantee the the students will come to games and If the price goes up to pay for it. I may not be able to afford it.
You need to see the students come to the LB before you invest in an OCS. Waste of Money.
OCS aren't for the students as much for bringing thousands of alumni back to campus multiple times a year.
If it was truly a waste of money, then the reverse of reality would be happening. It would be maybe 10 schools that had an OCS and the other hundred plus without. But reality is all but only ~10 have an OCS.
People can say they don't want one. That's fine. But to say they are a waste of money or that they won't do anything for the school is just a lie. Schools can achieve long lasting growth and support based on having an OCS.
RE: If there is anybody out there who still thinks an OCS would be a profit center
The university's single biggest source of funding is state government. One of the crucial functions of an OCS is to bring politicians to the campus so they can SEE it.
Browning, Clement, Ellington, Dunn, McWherter - what do all these names have in common? They are all names of Tennessee governors AND names of on-campus buildings.
Bringing the politicians to campus brings state funding to campus. How do you bring politicians to campus? You do it by bringing voters to campus. You put 45,000 Memphis football fans in a stadium and a politician will come simply for the exposure. You walk him past aging facilities. You introduce him to young professors with big ideas. You sell the need and show them the votes at the same time.
Alumni support is a great thing. An OCS will help that. Recruiting students is best done by getting them on the campus. An OCS will help that too.
The biggest source of money is the state. The most important function of an OCS is to secure state funding by putting the politician, the need, and the voters in the same place at the same time.
That's how it works. Supposedly we are educated people. Our actions make me question that sometimes.
(This post was last modified: 01-05-2015 11:43 PM by Claw.)
RE: If there is anybody out there who still thinks an OCS would be a profit center
(01-05-2015 06:25 PM)KnightLight Wrote:
(01-05-2015 12:11 PM)ncrdbl1 Wrote: Mathematics 101 any money you collect from boosters toward a new OCS will have to be deducted from money they already spend to support other parts of the program.
Sounds like you don't know much about fundraising...because whatever special project one is raising $$$ for (either be it a new stadium, new arena, new college building, new endowment campaign, etc...), majority of the time these are NEW $$$$ coming into the Univ (i.e. you aren't taking money from Peter to pay Paul), hence why some many of these campaigns are so successful...as these are new/extra $$$$ that wouldn't have been donated during a "regular" year.
When both peter and paul are the same person. There is only one or two major contributor who has the type of money needed to donate anything near this kind of money. Unlike many other schools out endowment is that of a church mouse. We do not have a large number of mega money contributors. If we did it would not have taken so long to get the Indoor practice complex financed. We would not have gotten so far behind with facilities if we had all those big contributors lining up. Hell we do not even have the largest endowment in the city of Memphis. Rhodes College has a larger endowment than we do.
RE: If there is anybody out there who still thinks an OCS would be a profit center
(01-05-2015 11:04 PM)MemTigerFan Wrote:
(01-05-2015 10:40 PM)tigergeorge55 Wrote:
(01-05-2015 10:31 AM)Pastnerized Wrote: I read enough to realize the apple and oranges. At this point in time, that situation has almost nothing to do with Memphis.
'Nuff said.
It has everything to do with Memphis. An OCS is no guarantee the the students will come to games and If the price goes up to pay for it. I may not be able to afford it.
You need to see the students come to the LB before you invest in an OCS. Waste of Money.
OCS aren't for the students as much for bringing thousands of alumni back to campus multiple times a year.
If it was truly a waste of money, then the reverse of reality would be happening. It would be maybe 10 schools that had an OCS and the other hundred plus without. But reality is all but only ~10 have an OCS.
People can say they don't want one. That's fine. But to say they are a waste of money or that they won't do anything for the school is just a lie. Schools can achieve long lasting growth and support based on having an OCS.
Some folks just like to Facts is facts and an OCS would do wonders for our growing program.
Assuming a debt of $100 million after donations, this will far out strip whatever is needed to operate the stadium, and will service the debt.
Our fans aren't going to pay an average of $15 more per ticket. That's $105 per year...we have tickets that go for a total of $55 for the whole season.
I also don't know where 10,000 parking spots will come from on our campus.
Also, the University doesn't charge per day parking. You pay for a parking pass for the whole semester (and it's WAY cheaper than $5 per day).
We need a stadium on campus, but it would lose money.
I am trying to figure out how we are going to get 10 home games
Assuming a debt of $100 million after donations, this will far out strip whatever is needed to operate the stadium, and will service the debt.
Our fans aren't going to pay an average of $15 more per ticket. That's $105 per year...we have tickets that go for a total of $55 for the whole season.
I also don't know where 10,000 parking spots will come from on our campus.
Also, the University doesn't charge per day parking. You pay for a parking pass for the whole semester (and it's WAY cheaper than $5 per day).
We need a stadium on campus, but it would lose money.
I am trying to figure out how we are going to get 10 home games
RE: If there is anybody out there who still thinks an OCS would be a profit center
An on campus facility has been talked about ever since the Tigers played at the old Crump Stadium...and that was a long time ago. If memory serves correct, Memphis State (as it was know back then) asked the state legislature for funding for an on campus facility but was denied because money had been appropriated the year before to help expand UT Knoxville's stadium. The Tigers then became tenants of the Liberty Bowl when it was built by the city of Memphis. I haven't been at the Liberty Bowl in several years, but it has served Memphis well. A light rail to the stadium from the campus area might help put folks in the stadium. But more than anything a winning program will solve a lot of problems.
Assuming a debt of $100 million after donations, this will far out strip whatever is needed to operate the stadium, and will service the debt.
Seems like every time someone tries to run the numbers they conveniently leave out the cost to produce the revenue. The concession are not given to the university for free and the people running the concessions do not work for free. Nor do parking attendants, security or any other of the people involved in operating the stadium. You are assuming 10 events every season Exactly what 10 events will you be having? Last check there are not 10 home games each year and non Tiger activities will be less likely since there will be no alcohol sales allowed. The LBS has at least 8-9 events each year and operates at a loss. That is with people paying rent. One game with bad weather and your projected 30,000 average will quickly turn to less than 25,000. The concession sales will not come near what you project. Yet all the operating expenses will remain the same. My dad used to work at the park commission and every year after the Liberty Bowl he would bring home concession that were left over. We put stiff in the freezer and ate until early summer off it.
RE: If there is anybody out there who still thinks an OCS would be a profit center
(01-06-2015 08:35 AM)eastcoastDave Wrote: An on campus facility has been talked about ever since the Tigers played at the old Crump Stadium...and that was a long time ago. If memory serves correct, Memphis State (as it was know back then) asked the state legislature for funding for an on campus facility but was denied because money had been appropriated the year before to help expand UT Knoxville's stadium. The Tigers then became tenants of the Liberty Bowl when it was built by the city of Memphis. I haven't been at the Liberty Bowl in several years, but it has served Memphis well. A light rail to the stadium from the campus area might help put folks in the stadium. But more than anything a winning program will solve a lot of problems.
Think a light rail system would be a great idea. It would have to head down southern going to LBS and down Central on the return to the campus. That way it could go without having to cross traffic and could have a device to operate the traffic lights. Then send it down early maxwell and have it unload at the MSC. May need to add some turning isles to make the turns easier without having to go out into another lane. .
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If there is anybody out there who still thinks an OCS would be a profit center
