(06-03-2022 07:52 AM)BandwagonJumper Wrote: In what was labeled “Scenario 3: Low funding potential,” the University of Memphis was determined to have an estimated funding capacity of just over $201 million, broken down into five categories:
btw:
IF there are 20,000 current season tickets sold for the 2022 Season (which I think is wildly opimistic) "Capital seat gifts" would be an AVERAGE of $1,500 per season ticket to be donated/.
So if you have 4 season tickets the University's "cheap" plan is assuming you will make a one time donation of $6,000 - on average
I highly doubt that it would be a one time donation. I would assume that it could be spread out over many years the same way that the seat donation for basketball is paid out annually.
I was just giving a number for perspective, In order to pay for a new project you can ONLY USE NEW REVENUE - so these donations will have to come on top of any present day donations and revenue sources.
I was also using a absolute best case scenario for number of season tickets, and several fans have noted that $1,500 per ticket sounded steep---
The reality is - We don't have enough paying fans to generate $200,000,000 for a renovation -- we sure don't have anough for a $400,000,000+ new stadium.... People complaing and asking for an investigation are just flapping their gums and hurting the program (not much but a little)
We need all the support we can get and being excited about what we DO HAVE is a helluva lot better than complaining about what we don't have.
(06-03-2022 07:52 AM)BandwagonJumper Wrote: In what was labeled “Scenario 3: Low funding potential,” the University of Memphis was determined to have an estimated funding capacity of just over $201 million, broken down into five categories:
btw:
IF there are 20,000 current season tickets sold for the 2022 Season (which I think is wildly opimistic) "Capital seat gifts" would be an AVERAGE of $1,500 per season ticket to be donated/.
So if you have 4 season tickets the University's "cheap" plan is assuming you will make a one time donation of $6,000 - on average
I highly doubt that it would be a one time donation. I would assume that it could be spread out over many years the same way that the seat donation for basketball is paid out annually.
I was just giving a number for perspective, In order to pay for a new project you can ONLY USE NEW REVENUE - so these donations will have to come on top of any present day donations and revenue sources.
I was also using a absolute best case scenario for number of season tickets, and several fans have noted that $1,500 per ticket sounded steep---
The reality is - We don't have enough paying fans to generate $200,000,000 for a renovation -- we sure don't have anough for a $400,000,000+ new stadium.... People complaing and asking for an investigation are just flapping their gums and hurting the program (not much but a little)
We need all the support we can get and being excited about what we DO HAVE is a helluva lot better than complaining about what we don't have.
Well, I think you're wrong. I don't live in Memphis anymore. I won't be buying season tickets or a seat license. I won't be making a contribution.
If it was an OCS, I would be buying two season tickets and two seat licenses to give to my son who still lives in town. I think there are probably double the number of normal contributors that would step up for an OCS that have no interest in any other project the university will ever do. That money remains untapped and will forever.
There is a big chunk of alums out here that would do things for an OCS we won't do for anything else. I wonder if that was in the study?
(06-03-2022 07:52 AM)BandwagonJumper Wrote: In what was labeled “Scenario 3: Low funding potential,” the University of Memphis was determined to have an estimated funding capacity of just over $201 million, broken down into five categories:
btw:
IF there are 20,000 current season tickets sold for the 2022 Season (which I think is wildly opimistic) "Capital seat gifts" would be an AVERAGE of $1,500 per season ticket to be donated/.
So if you have 4 season tickets the University's "cheap" plan is assuming you will make a one time donation of $6,000 - on average
I highly doubt that it would be a one time donation. I would assume that it could be spread out over many years the same way that the seat donation for basketball is paid out annually.
I was just giving a number for perspective, In order to pay for a new project you can ONLY USE NEW REVENUE - so these donations will have to come on top of any present day donations and revenue sources.
I was also using a absolute best case scenario for number of season tickets, and several fans have noted that $1,500 per ticket sounded steep---
The reality is - We don't have enough paying fans to generate $200,000,000 for a renovation -- we sure don't have anough for a $400,000,000+ new stadium.... People complaing and asking for an investigation are just flapping their gums and hurting the program (not much but a little)
We need all the support we can get and being excited about what we DO HAVE is a helluva lot better than complaining about what we don't have.
Well, I think you're wrong. I don't live in Memphis anymore. I won't be buying season tickets or a seat license. I won't be making a contribution.
If it was an OCS, I would be buying two season tickets and two seat licenses to give to my son who still lives in town. I think there are probably double the number of normal contributors that would step up for an OCS that have no interest in any other project the university will ever do. That money remains untapped and will forever.
There is a big chunk of alums out here that would do things for an OCS we won't do for anything else. I wonder if that was in the study?
Claw -
Stop with your non-sense. You sound like a child. Some will be happy and some not so happy. We were taught that in kindergarten. If you refuse to contribute, fine. Someone else will pick up the slack. What I can't stand is your negativity. I call BS on you buying season tickets and seat licenses if there were an OCS.
I'm happy with what we're getting and will do my part.
(06-03-2022 07:37 AM)Eagleonpar Wrote: Bless your hearts. Y’all never give up lol
Don't you know?
A new Stadium on campus won't cost any more than renovting the existing stadium- the Unversity will make a financial fortune off of parking and concesions but "they" won't let us build it , All of the information to prove this is beig witheld from the public for obvious reasons.
Now tell us the one about Goldilocks and the three bears.
The City LOSES close to a million dollars annually operating the Liberty Bowl Stadium.
But the city makes it back on taxes generated by events at the stadium.
The U of Memphis doesn't have taxing authority and doesn't have that revenue stream.
You keep focusing on the gross revenue stream from parking and concessions but do not factor in the cost of generating that revenue.
(06-03-2022 07:52 AM)BandwagonJumper Wrote: In what was labeled “Scenario 3: Low funding potential,” the University of Memphis was determined to have an estimated funding capacity of just over $201 million, broken down into five categories:
btw:
IF there are 20,000 current season tickets sold for the 2022 Season (which I think is wildly opimistic) "Capital seat gifts" would be an AVERAGE of $1,500 per season ticket to be donated/.
So if you have 4 season tickets the University's "cheap" plan is assuming you will make a one time donation of $6,000 - on average
I highly doubt that it would be a one time donation. I would assume that it could be spread out over many years the same way that the seat donation for basketball is paid out annually.
I was just giving a number for perspective, In order to pay for a new project you can ONLY USE NEW REVENUE - so these donations will have to come on top of any present day donations and revenue sources.
I was also using a absolute best case scenario for number of season tickets, and several fans have noted that $1,500 per ticket sounded steep---
The reality is - We don't have enough paying fans to generate $200,000,000 for a renovation -- we sure don't have anough for a $400,000,000+ new stadium.... People complaing and asking for an investigation are just flapping their gums and hurting the program (not much but a little)
We need all the support we can get and being excited about what we DO HAVE is a helluva lot better than complaining about what we don't have.
Well, I think you're wrong. I don't live in Memphis anymore. I won't be buying season tickets or a seat license. I won't be making a contribution.
If it was an OCS, I would be buying two season tickets and two seat licenses to give to my son who still lives in town. I think there are probably double the number of normal contributors that would step up for an OCS that have no interest in any other project the university will ever do. That money remains untapped and will forever.
There is a big chunk of alums out here that would do things for an OCS we won't do for anything else. I wonder if that was in the study?
(06-03-2022 10:10 AM)BinghamptonNed Wrote: btw:
IF there are 20,000 current season tickets sold for the 2022 Season (which I think is wildly opimistic) "Capital seat gifts" would be an AVERAGE of $1,500 per season ticket to be donated/.
So if you have 4 season tickets the University's "cheap" plan is assuming you will make a one time donation of $6,000 - on average
I highly doubt that it would be a one time donation. I would assume that it could be spread out over many years the same way that the seat donation for basketball is paid out annually.
I was just giving a number for perspective, In order to pay for a new project you can ONLY USE NEW REVENUE - so these donations will have to come on top of any present day donations and revenue sources.
I was also using a absolute best case scenario for number of season tickets, and several fans have noted that $1,500 per ticket sounded steep---
The reality is - We don't have enough paying fans to generate $200,000,000 for a renovation -- we sure don't have anough for a $400,000,000+ new stadium.... People complaing and asking for an investigation are just flapping their gums and hurting the program (not much but a little)
We need all the support we can get and being excited about what we DO HAVE is a helluva lot better than complaining about what we don't have.
Well, I think you're wrong. I don't live in Memphis anymore. I won't be buying season tickets or a seat license. I won't be making a contribution.
If it was an OCS, I would be buying two season tickets and two seat licenses to give to my son who still lives in town. I think there are probably double the number of normal contributors that would step up for an OCS that have no interest in any other project the university will ever do. That money remains untapped and will forever.
There is a big chunk of alums out here that would do things for an OCS we won't do for anything else. I wonder if that was in the study?
(06-03-2022 07:52 AM)BandwagonJumper Wrote: In what was labeled “Scenario 3: Low funding potential,” the University of Memphis was determined to have an estimated funding capacity of just over $201 million, broken down into five categories:
btw:
IF there are 20,000 current season tickets sold for the 2022 Season (which I think is wildly opimistic) "Capital seat gifts" would be an AVERAGE of $1,500 per season ticket to be donated/.
So if you have 4 season tickets the University's "cheap" plan is assuming you will make a one time donation of $6,000 - on average
I highly doubt that it would be a one time donation. I would assume that it could be spread out over many years the same way that the seat donation for basketball is paid out annually.
I was just giving a number for perspective, In order to pay for a new project you can ONLY USE NEW REVENUE - so these donations will have to come on top of any present day donations and revenue sources.
I was also using a absolute best case scenario for number of season tickets, and several fans have noted that $1,500 per ticket sounded steep---
The reality is - We don't have enough paying fans to generate $200,000,000 for a renovation -- we sure don't have anough for a $400,000,000+ new stadium.... People complaing and asking for an investigation are just flapping their gums and hurting the program (not much but a little)
We need all the support we can get and being excited about what we DO HAVE is a helluva lot better than complaining about what we don't have.
Well, I think you're wrong. I don't live in Memphis anymore. I won't be buying season tickets or a seat license. I won't be making a contribution.
If it was an OCS, I would be buying two season tickets and two seat licenses to give to my son who still lives in town. I think there are probably double the number of normal contributors that would step up for an OCS that have no interest in any other project the university will ever do. That money remains untapped and will forever.
There is a big chunk of alums out here that would do things for an OCS we won't do for anything else. I wonder if that was in the study?
Fact. Frick the city of memphis goobers and yet another white elephant .
I hope somebody foia's the crap out of them so we can see who gets greased
(06-03-2022 07:52 AM)BandwagonJumper Wrote: In what was labeled “Scenario 3: Low funding potential,” the University of Memphis was determined to have an estimated funding capacity of just over $201 million, broken down into five categories:
btw:
IF there are 20,000 current season tickets sold for the 2022 Season (which I think is wildly opimistic) "Capital seat gifts" would be an AVERAGE of $1,500 per season ticket to be donated/.
So if you have 4 season tickets the University's "cheap" plan is assuming you will make a one time donation of $6,000 - on average
I highly doubt that it would be a one time donation. I would assume that it could be spread out over many years the same way that the seat donation for basketball is paid out annually.
I was just giving a number for perspective, In order to pay for a new project you can ONLY USE NEW REVENUE - so these donations will have to come on top of any present day donations and revenue sources.
I was also using a absolute best case scenario for number of season tickets, and several fans have noted that $1,500 per ticket sounded steep---
The reality is - We don't have enough paying fans to generate $200,000,000 for a renovation -- we sure don't have anough for a $400,000,000+ new stadium.... People complaing and asking for an investigation are just flapping their gums and hurting the program (not much but a little)
We need all the support we can get and being excited about what we DO HAVE is a helluva lot better than complaining about what we don't have.
Well, I think you're wrong. I don't live in Memphis anymore. I won't be buying season tickets or a seat license. I won't be making a contribution.
If it was an OCS, I would be buying two season tickets and two seat licenses to give to my son who still lives in town. I think there are probably double the number of normal contributors that would step up for an OCS that have no interest in any other project the university will ever do. That money remains untapped and will forever.
There is a big chunk of alums out here that would do things for an OCS we won't do for anything else. I wonder if that was in the study?
Fact. Frick the city of memphis goobers and yet another white elephant .
I hope somebody foia's the crap out of them so we can see who gets greased
(06-03-2022 07:52 AM)BandwagonJumper Wrote: In what was labeled “Scenario 3: Low funding potential,” the University of Memphis was determined to have an estimated funding capacity of just over $201 million, broken down into five categories:
btw:
IF there are 20,000 current season tickets sold for the 2022 Season (which I think is wildly opimistic) "Capital seat gifts" would be an AVERAGE of $1,500 per season ticket to be donated/.
So if you have 4 season tickets the University's "cheap" plan is assuming you will make a one time donation of $6,000 - on average
I highly doubt that it would be a one time donation. I would assume that it could be spread out over many years the same way that the seat donation for basketball is paid out annually.
I was just giving a number for perspective, In order to pay for a new project you can ONLY USE NEW REVENUE - so these donations will have to come on top of any present day donations and revenue sources.
I was also using a absolute best case scenario for number of season tickets, and several fans have noted that $1,500 per ticket sounded steep---
The reality is - We don't have enough paying fans to generate $200,000,000 for a renovation -- we sure don't have anough for a $400,000,000+ new stadium.... People complaing and asking for an investigation are just flapping their gums and hurting the program (not much but a little)
We need all the support we can get and being excited about what we DO HAVE is a helluva lot better than complaining about what we don't have.
Well, I think you're wrong. I don't live in Memphis anymore. I won't be buying season tickets or a seat license. I won't be making a contribution.
If it was an OCS, I would be buying two season tickets and two seat licenses to give to my son who still lives in town. I think there are probably double the number of normal contributors that would step up for an OCS that have no interest in any other project the university will ever do. That money remains untapped and will forever.
There is a big chunk of alums out here that would do things for an OCS we won't do for anything else. I wonder if that was in the study?
Fact. Frick the city of memphis goobers and yet another white elephant .
I hope somebody foia's the crap out of them so we can see who gets greased
(06-03-2022 07:52 AM)BandwagonJumper Wrote: In what was labeled “Scenario 3: Low funding potential,” the University of Memphis was determined to have an estimated funding capacity of just over $201 million, broken down into five categories:
btw:
IF there are 20,000 current season tickets sold for the 2022 Season (which I think is wildly opimistic) "Capital seat gifts" would be an AVERAGE of $1,500 per season ticket to be donated/.
So if you have 4 season tickets the University's "cheap" plan is assuming you will make a one time donation of $6,000 - on average
I highly doubt that it would be a one time donation. I would assume that it could be spread out over many years the same way that the seat donation for basketball is paid out annually.
I was just giving a number for perspective, In order to pay for a new project you can ONLY USE NEW REVENUE - so these donations will have to come on top of any present day donations and revenue sources.
I was also using a absolute best case scenario for number of season tickets, and several fans have noted that $1,500 per ticket sounded steep---
The reality is - We don't have enough paying fans to generate $200,000,000 for a renovation -- we sure don't have anough for a $400,000,000+ new stadium.... People complaing and asking for an investigation are just flapping their gums and hurting the program (not much but a little)
We need all the support we can get and being excited about what we DO HAVE is a helluva lot better than complaining about what we don't have.
Well, I think you're wrong. I don't live in Memphis anymore. I won't be buying season tickets or a seat license. I won't be making a contribution.
If it was an OCS, I would be buying two season tickets and two seat licenses to give to my son who still lives in town. I think there are probably double the number of normal contributors that would step up for an OCS that have no interest in any other project the university will ever do. That money remains untapped and will forever.
There is a big chunk of alums out here that would do things for an OCS we won't do for anything else. I wonder if that was in the study?
Fact. Frick the city of memphis goobers and yet another white elephant .
I hope somebody foia's the crap out of them so we can see who gets greased
& part of the reason the endowment is only 200 million is because of the disconnect between the school & its alumni base. The U of M’s alumni giving % is dreadful, yet those graduates never step foot back on campus after graduating.
(06-04-2022 06:18 AM)Marc Mensa Wrote: & part of the reason the endowment is only 200 million is because of the disconnect between the school & its alumni base. The U of M’s alumni giving % is dreadful, yet those graduates never step foot back on campus after graduating.
This is true. Major reason I wanted an on campus stadium, to bring alumni to the campus.
(06-04-2022 06:18 AM)Marc Mensa Wrote: & part of the reason the endowment is only 200 million is because of the disconnect between the school & its alumni base. The U of M’s alumni giving % is dreadful, yet those graduates never step foot back on campus after graduating.
Study after study support the fact Memphis is major first generation degree university. That alone drives possible discretionary income.
(06-04-2022 06:18 AM)Marc Mensa Wrote: & part of the reason the endowment is only 200 million is because of the disconnect between the school & its alumni base. The U of M’s alumni giving % is dreadful, yet those graduates never step foot back on campus after graduating.
Study after study support the fact Memphis is major first generation degree university. That alone drives possible discretionary income.
UCF has an enrollment of 70,000 and an endowment of $162 million. We have an enrollment of 22,000 (seemingly the same forever) and an endowment of $221 million.
(06-04-2022 06:18 AM)Marc Mensa Wrote: & part of the reason the endowment is only 200 million is because of the disconnect between the school & its alumni base. The U of M’s alumni giving % is dreadful, yet those graduates never step foot back on campus after graduating.
Study after study support the fact Memphis is major first generation degree university. That alone drives possible discretionary income.
Its a self fulfilling status… why is Memphis in any other undergraduate position than UC or UL? Memphis is Tiger High because the university makes decisions that ensures it remains Tiger High. Christian Brothers High School does a better job of connecting with its alumni base than the University of Memphis.
(06-04-2022 06:18 AM)Marc Mensa Wrote: & part of the reason the endowment is only 200 million is because of the disconnect between the school & its alumni base. The U of M’s alumni giving % is dreadful, yet those graduates never step foot back on campus after graduating.
Study after study support the fact Memphis is major first generation degree university. That alone drives possible discretionary income.
Its a self fulfilling status… why is Memphis in any other undergraduate position than UC or UL? Memphis is Tiger High because the university makes decisions that ensures it remains Tiger High. Christian Brothers High School does a better job of connecting with its alumni base than the University of Memphis.
(06-03-2022 10:10 AM)BinghamptonNed Wrote: btw:
IF there are 20,000 current season tickets sold for the 2022 Season (which I think is wildly opimistic) "Capital seat gifts" would be an AVERAGE of $1,500 per season ticket to be donated/.
So if you have 4 season tickets the University's "cheap" plan is assuming you will make a one time donation of $6,000 - on average
I highly doubt that it would be a one time donation. I would assume that it could be spread out over many years the same way that the seat donation for basketball is paid out annually.
I was just giving a number for perspective, In order to pay for a new project you can ONLY USE NEW REVENUE - so these donations will have to come on top of any present day donations and revenue sources.
I was also using a absolute best case scenario for number of season tickets, and several fans have noted that $1,500 per ticket sounded steep---
The reality is - We don't have enough paying fans to generate $200,000,000 for a renovation -- we sure don't have anough for a $400,000,000+ new stadium.... People complaing and asking for an investigation are just flapping their gums and hurting the program (not much but a little)
We need all the support we can get and being excited about what we DO HAVE is a helluva lot better than complaining about what we don't have.
Well, I think you're wrong. I don't live in Memphis anymore. I won't be buying season tickets or a seat license. I won't be making a contribution.
If it was an OCS, I would be buying two season tickets and two seat licenses to give to my son who still lives in town. I think there are probably double the number of normal contributors that would step up for an OCS that have no interest in any other project the university will ever do. That money remains untapped and will forever.
There is a big chunk of alums out here that would do things for an OCS we won't do for anything else. I wonder if that was in the study?
Claw -
Stop with your non-sense. You sound like a child. Some will be happy and some not so happy. We were taught that in kindergarten. If you refuse to contribute, fine. Someone else will pick up the slack. What I can't stand is your negativity. I call BS on you buying season tickets and seat licenses if there were an OCS.
I'm happy with what we're getting and will do my part.
(06-04-2022 06:18 AM)Marc Mensa Wrote: & part of the reason the endowment is only 200 million is because of the disconnect between the school & its alumni base. The U of M’s alumni giving % is dreadful, yet those graduates never step foot back on campus after graduating.
Study after study support the fact Memphis is major first generation degree university. That alone drives possible discretionary income.
Its a self fulfilling status… why is Memphis in any other undergraduate position than UC or UL? Memphis is Tiger High because the university makes decisions that ensures it remains Tiger High. Christian Brothers High School does a better job of connecting with its alumni base than the University of Memphis.
So ignorant.
Cincinnati has an endowment of $1.7 billion. Louisville has an endowment of $1.3 billion. We have an endowment of $220 million. The money isn't there. Our best shot at having the money was when RC and Raines were in charge. 100% if Rudd and Bowen were in charge back then we would have our OCS.
RC was a criminal piece of trash moron, but Brad Martin and Rudd sure aren't. If it didn't get done with Martin and Rudd in charge, nobody was going to be able to do it.
(06-04-2022 06:18 AM)Marc Mensa Wrote: & part of the reason the endowment is only 200 million is because of the disconnect between the school & its alumni base. The U of M’s alumni giving % is dreadful, yet those graduates never step foot back on campus after graduating.
Study after study support the fact Memphis is major first generation degree university. That alone drives possible discretionary income.
Its a self fulfilling status… why is Memphis in any other undergraduate position than UC or UL? Memphis is Tiger High because the university makes decisions that ensures it remains Tiger High. Christian Brothers High School does a better job of connecting with its alumni base than the University of Memphis.
There have got to be less expensive ways to get alums on campus and to convince them to give money than building a $300-400M football stadium.
(06-04-2022 06:18 AM)Marc Mensa Wrote: & part of the reason the endowment is only 200 million is because of the disconnect between the school & its alumni base. The U of M’s alumni giving % is dreadful, yet those graduates never step foot back on campus after graduating.
Study after study support the fact Memphis is major first generation degree university. That alone drives possible discretionary income.
Its a self fulfilling status… why is Memphis in any other undergraduate position than UC or UL? Memphis is Tiger High because the university makes decisions that ensures it remains Tiger High. Christian Brothers High School does a better job of connecting with its alumni base than the University of Memphis.
There have got to be less expensive ways to get alums on campus and to convince them to give money than building a $300-400M football stadium.
Nothing they’ve done has worked yet….
its hard to convince students who have generated nothing but a “car to classroom” campus experience & zero reason to return to become active, contributing alumni. My wife accompanied our son through his orientation a few years back & was amazed at the changes on campus in the 25 years since she graduated & we live 15 minutes away, which is the reality of the University of Memphis. The UofM provides a transactional degree: the greek systems & on campus athletics that help provide emotional attachment at so many other universities are not supported by the administration at Memphis.