(06-03-2022 04:20 PM)Claw Wrote:  

(06-03-2022 03:37 PM)BinghamptonNed Wrote:  

(06-03-2022 11:13 AM)Stammers Wrote:  

(06-03-2022 10:10 AM)BinghamptonNed Wrote:  

(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:

Donor recognition opportunities: $22.505 million.

Naming rights: $25 million.

Founders suites: $15 million.

Capital seat gifts: $30.715 million.

Incremental annual stadium revenue (25-year bonds, 3.0% interest rate, 2.0 coverage): $108.223 million.

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.