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Bearhawkeye Offline
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Post: #41
RE: OT Yum Center bleeding
(12-21-2012 03:48 PM)cinbinsportsfan Wrote:  Do you know the figures for split of concessions, parking, club seat revenue, merchandise, and corporate sponsorship revenue and both Raymond James and Paul Brown? I wonder what the difference would be there and if that's driving the cost for UC (if it is at all)?

There's some talk of some of those in the linked article for the OK game, but not very much to work off of especially if we are trying to find apples-to-apples comparisons. Any or all of those could be big factors, but I still haven't seen anything to prove that the Bengals are unfair or unreasonable in what they want to charge UC to rent PBS. In fact, here's what UC's current #2 guy in the A.D., Bob Arkeilpane, had to say about the OK game negotiations:

Quote:Bob Arkeilpane, UC's deputy athletic director who oversees football, says the school has no problem with the Bengals making money off a UC home game.

"We consider the Bengals to be a good partner
," Arkeilpane said. "We're not uncomfortable with the way the contract worked out.

"I would say that we've always tried to maintain a good relationship with the Bengals. We've had a lot of different conversations with them over the years on various things. I would say it's no different than some of the other universities around the country that deal with owners or organizations that have stadiums."
 
(This post was last modified: 12-21-2012 04:14 PM by Bearhawkeye.)
12-21-2012 04:09 PM
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JackieTreehorn Offline
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Post: #42
RE: OT Yum Center bleeding
(12-21-2012 07:05 AM)@ES Trader Wrote:  
(12-20-2012 05:58 PM)Captain Bearcat Wrote:  
(12-20-2012 09:34 AM)OneUChoopsfan Wrote:  Politicians also benefit monetarily, either directly or indirectly from these kinds of unneeded projects.

I love hearing all the outlandish justifications, truth-bending, and false financial data that get thrown around for risky "downtown building" schemes like the Yum Center, PBS, and our trolley.

Other peoples money.

Barnum.

That said. Mike Brown is not a bad businessman or person for negotiating the best possible deal for himself, and refusing to give back anything in the contract. The taxpayers are at fault, and the politicians they elected are at fault.

I agree with the first part. But I disagree with your statement about Mike Brown.

A man who engages in bribery as a way to win a negotiation is a bad person. Brown's hiring of the county's lead negotiator soon after the negotiations were over is pretty good evidence of bribery.

This is not pro sports, where it's only cheating if you get caught. In real life, you're a bad person for doing something bad, even if you're not conviceted.
Sorry but this is the way the world works. Not that I condone it but this kind of stuff happens everyday. Why do you think the street car is continually being jammed down our throats? You think the enquirer is on the payroll for the group pushing it???

As for Mike Brown I dont like the guy but he is running a business. He is cheap but he is also the owner. I really wonder if anyone that complains about mike would run his team differently if it was your money on the line. If your upset with the deal he got vote the politicians out or go run for office.

Well, in a sense it is my money on the line and yours too, if you buy stuff in Hamilton county. It's like I've said in other posts, the thing that irks alot of people about this is the way the lease socialized the costs, yet privatized all the profits. The value of the franchise went up significantly after the stadium was built and it didn't really cost him any capital at all.
Also, the politican (Bob Bedinghaus) that did this was indeed voted out. I know of many people who had voted straight line republican their entire lives vote against him because they were so angry with the sweetheart lease he gave Brown.
 
12-21-2012 04:20 PM
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Bearhawkeye Offline
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Post: #43
RE: OT Yum Center bleeding
(12-21-2012 11:51 AM)CliftonAve Wrote:  I looked up the amount team pay in other venues:

Pitt- no charge (also shares indoor practice facility)
USF- $171,000 a game
Temple- paid $15M towards the initial stadium project for untethered access to the stadium for 15 years.
San Diego State- $525,000 a year

I am not entirely clear on how much these schools keep in turns of concessions and parking.

I appreciate the effort and I haven't been able to find much more than that either although the linked article put USF at approx. $200K per game (but apparently only included the lower bowl and upper east section). Unfortunately it doesn't get us too far in terms of apples-to-apples or knowing what the Bengals current position is. But per the base rates (again not sure this is at all apples to apples though) in the OK game contract, it sounds like UC would have paid around $133K for a game with 45K attendance and $186K for 58K attendance, but only $70K for 30K attendance (as three examples). In any event, the Bengals and the county split that rent 50/50.
 
(This post was last modified: 12-21-2012 04:42 PM by Bearhawkeye.)
12-21-2012 04:22 PM
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cinbinsportsfan Offline
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Post: #44
RE: OT Yum Center bleeding
(12-21-2012 04:09 PM)Bearhawkeye Wrote:  
(12-21-2012 03:48 PM)cinbinsportsfan Wrote:  Do you know the figures for split of concessions, parking, club seat revenue, merchandise, and corporate sponsorship revenue and both Raymond James and Paul Brown? I wonder what the difference would be there and if that's driving the cost for UC (if it is at all)?

There's some talk of some of those in the linked article for the OK game, but not very much to work off of especially if we are trying to find apples-to-apples comparisons. Any or all of those could be big factors, but I still haven't seen anything to prove that the Bengals are unfair or unreasonable in what they want to charge UC to rent PBS. In fact, here's what UC's current #2 guy in the A.D., Bob Arkeilpane, had to say about the OK game negotiations:

Quote:Bob Arkeilpane, UC's deputy athletic director who oversees football, says the school has no problem with the Bengals making money off a UC home game.

"We consider the Bengals to be a good partner
," Arkeilpane said. "We're not uncomfortable with the way the contract worked out.

"I would say that we've always tried to maintain a good relationship with the Bengals. We've had a lot of different conversations with them over the years on various things. I would say it's no different than some of the other universities around the country that deal with owners or organizations that have stadiums."

Yea I hear ya and I have no beef with Mike Brown making money off of a UC game. What I do hate is UC losing money on it and again that's not Mike Brown's problem nor do I have a beef with him for that. It's really the University of Cincinnati who I have a problem with signing a deal that caused them to lose over $500k. For an athletic department as cash strapped as it is, that's inexcusable and why I only want the Bearcats to only rarely play a game at PBS.
 
(This post was last modified: 12-21-2012 04:29 PM by cinbinsportsfan.)
12-21-2012 04:29 PM
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