(08-12-2020 01:01 PM)Nevadanatural Wrote: (08-12-2020 10:26 AM)griffin Wrote: (08-12-2020 10:13 AM)Stickboy46 Wrote: (08-12-2020 09:48 AM)griffin Wrote: if basketball is played and there are no tickets sold they wont play basketball - no revenue outside of tv
The NCAA tournament TV contract is worth a billion a year alone ... They are going to find a way to play it
Each university has their own financial metric. Memphis needs the ticket revenue to survive.
The same could have been said for Football and you see where we are.
In fact the way the PAC 12 has already cancelled basketball for 2020 would be similar to football cancelling in May
I’m not sure about the logic here. If there’s no season you still pay your coaches and contract staff, you still have athletes on scholarship, you still have facility costs to allow the athletes to keep in shape. There are extra costs, such as travel, are you saying the TV revenue wouldn’t cover those extra costs and would result in the inability of the Memphis program to survive if fans aren’t allowed at the games? Isn’t there a possibility that some of the season ticket holders of these programs, including Memphis, might donate the cost of their tickets to the program?
Think bigger:
1) When "fall" sports are cancelled it's not just football, it's all nonrevenue sports and football. It's a step most universities want to do right now but can't do if football is in swing.
2) If "spring" sports are cancelled - rinse and repeat
3) Ticket revenue donation is possible but it will be coming out of trying to do the same thing with football. Remember a school like Memphis has 10,000 season basketball holders - that is a lot. It's coming at a time when a lot of people are out of work
4) If there are no people in the stands, there are no sponsors in game, revenue terribly needed to operate. Memphis gets over $ 1,500,000 just from Learfield sports for those and other things.
5) Coaches for non revenue sports would be most likely furloughed along with other assistant coaches of basketball and football.
6) Athletic staffs will be furloughed as well.
7) The reason P5 conferences made a strategic decision to only play league games as mandated by the conference is so that those P5 teams could get out of having to pay for those games to non P5 members. It was strategic.
Apply strategically what you would need to supply at a strategic level if you are a President of a University. Then go from there. Not just a single threaded thought process but a multi level one.
NBA ratings in their "bubble" has been a tv ratings disaster, you would have thought they would be off the charts. It's been the opposite.
Athletic Departments will be on the financial deaths door. This is real.