HuskieJohn
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MAC annual membership dues and bowl assessment fees...
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
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08-14-2015 09:49 AM |
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Mark26pt2
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RE: MAC annual membership dues and bowl assessment fees...
Wow - there must be something behind this....some reason the MAC is charging more - not just operating expenses. That does not make sense
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08-14-2015 09:55 AM |
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HuskieJohn
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RE: MAC annual membership dues and bowl assessment fees...
(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.
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08-14-2015 09:59 AM |
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BarsemaBone2
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RE: MAC annual membership dues and bowl assessment fees...
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.
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08-14-2015 10:02 AM |
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HuskieJohn
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RE: MAC annual membership dues and bowl assessment fees...
(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.
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08-14-2015 10:12 AM |
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NIU8484
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RE: MAC annual membership dues and bowl assessment fees...
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...
(This post was last modified: 08-14-2015 10:15 AM by NIU8484.)
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08-14-2015 10:14 AM |
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HuskieJohn
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RE: MAC annual membership dues and bowl assessment fees...
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.
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08-17-2015 08:26 AM |
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Dog Fan
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RE: MAC annual membership dues and bowl assessment fees...
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?
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08-17-2015 08:29 AM |
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BobL
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RE: MAC annual membership dues and bowl assessment fees...
(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.
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08-17-2015 08:38 AM |
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Stay Cool
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RE: MAC annual membership dues and bowl assessment fees...
Very interesting regarding the MAC wanting security or NIU paying exit fees in advance...
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08-17-2015 08:42 AM |
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Dog Fan
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RE: MAC annual membership dues and bowl assessment fees...
(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.
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08-17-2015 08:50 AM |
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HuskieJohn
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RE: MAC annual membership dues and bowl assessment fees...
Lets see if any of the other schools (like Toledo or Buffalo) are paying the 5 years too.
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08-17-2015 08:54 AM |
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Boca Rocket
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RE: MAC annual membership dues and bowl assessment fees...
Maybe by prepaying they are able freeze current fee rate and not have to deal with any increases that might occur by paying annually.
(This post was last modified: 08-17-2015 09:04 AM by Boca Rocket.)
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08-17-2015 09:02 AM |
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Mark26pt2
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RE: MAC annual membership dues and bowl assessment fees...
(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.
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08-17-2015 09:03 AM |
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Stay Cool
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RE: MAC annual membership dues and bowl assessment fees...
Damn and i just passed Sean T Frazier walking into the convo... shoulda asked him bahaha
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08-17-2015 09:48 AM |
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thxjoenovak
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RE: MAC annual membership dues and bowl assessment fees...
(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"?
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08-17-2015 10:08 AM |
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Stay Cool
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RE: MAC annual membership dues and bowl assessment fees...
(08-17-2015 10:08 AM)thxjoenovak Wrote: (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"?
Basically hahaha
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08-17-2015 10:10 AM |
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