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WRCisforgotten79 Offline
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Post: #21
RE: MBB and WBB Schedules Running Thread
(Today 11:01 AM)OptimisticOwl Wrote:  
(Today 10:19 AM)ESE84 Wrote:  
(Yesterday 12:46 PM)TexasTerror Wrote:  Southern home game bought

https://d1docket.blogspot.com/2021/07/ju...e-bag.html

Are we paying Southern $35,000 for a home game? Are these costs a recent development, or is men’s basketball going toward the football scheduling costs?

It is a guarantee, not a payment. So if their share of the gate is less than $35k, we make up the difference.

Of the 6 guarantees listed, we are the lowest.

$35,000?

I have no idea of the average ticket price. Is it $15? To make the math easy, let's say it's $17.50. That's 2,000 tickets just to pay off Southern. Seems like a waste of money for an athletic department in the red.

Of course, having the football team stay in hotels the night before a home game is about the dumbest waste of money.
Today 11:10 AM
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OptimisticOwl Offline
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Post: #22
RE: MBB and WBB Schedules Running Thread
(Today 11:10 AM)WRCisforgotten79 Wrote:  
(Today 11:01 AM)OptimisticOwl Wrote:  
(Today 10:19 AM)ESE84 Wrote:  
(Yesterday 12:46 PM)TexasTerror Wrote:  Southern home game bought

https://d1docket.blogspot.com/2021/07/ju...e-bag.html

Are we paying Southern $35,000 for a home game? Are these costs a recent development, or is men’s basketball going toward the football scheduling costs?

It is a guarantee, not a payment. So if their share of the gate is less than $35k, we make up the difference.

Of the 6 guarantees listed, we are the lowest.

$35,000?

I have no idea of the average ticket price. Is it $15? To make the math easy, let's say it's $17.50. That's 2,000 tickets just to pay off Southern. Seems like a waste of money for an athletic department in the red.

Of course, having the football team stay in hotels the night before a home game is about the dumbest waste of money.

Just saying, a guarantee is not necessarily a minimum out of pocket expense. It could be that the guarantee is met from whatever sources are scheduled, and no out of pocket expense is incurred. I am not sure what income streams visiting teams share in, but I can understand them - or us, when we travel - wanting a guarantee of a minimum before we/they go to the expense of traveling.

Perhaps without a guarantee, the game doesn’t happen.

Louisville’s guarantee is $85k.
(This post was last modified: Today 11:24 AM by OptimisticOwl.)
Today 11:21 AM
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