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BERT56 Offline
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Post: #61
RE: Simmons bank memorial stadium
(10-02-2021 09:16 AM)72Tiger Wrote:  Why are we bitching about this?

Exactly!
10-02-2021 09:16 AM
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BERT56 Offline
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Post: #62
RE: Simmons bank memorial stadium
Several years ago the Big 12 did a site survey per our request. The big takeaway was as many of our sports teams as possible needed to be on campus. Like a village setting. That is why you see what is happening on south campus now. Maybe, just maybe, this is showing a commitment to all of our sports teams and the naming rights of the SBMS is exactly what is needed to get the ole girl up to B12 standards and sets the tone for the future. Our Ath. Dept. is $20 mill in the hole, not $12 like was reported, or so I hear. No way we are in a position to build an OCS right now unless the state builds it. Not happening right now.
10-02-2021 09:22 AM
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TIGERCITY Offline
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Post: #63
RE: Simmons bank memorial stadium
(10-02-2021 09:22 AM)BERT56 Wrote:  Several years ago the Big 12 did a site survey per our request. The big takeaway was as many of our sports teams as possible needed to be on campus. Like a village setting. That is why you see what is happening on south campus now. Maybe, just maybe, this is showing a commitment to all of our sports teams and the naming rights of the SBMS is exactly what is needed to get the ole girl up to B12 standards and sets the tone for the future. Our Ath. Dept. is $20 mill in the hole, not $12 like was reported, or so I hear. No way we are in a position to build an OCS right now unless the state builds it. Not happening right now.

Right, let's not let the perfect get in the way of the good. The stadium has to become big 12 ready by next round of expansion or we have only ourselves to blame. That becomes all too obvious when you look around and what other candidate programs are doing. Boise, USF, San Diego State are all scrambling to upgrade their stadiums. This may very well be the last train out of c-usa 4.0.
(This post was last modified: 10-02-2021 09:38 AM by TIGERCITY.)
10-02-2021 09:36 AM
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griffin Offline
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Post: #64
RE: Simmons bank memorial stadium
(10-02-2021 09:22 AM)BERT56 Wrote:  Several years ago the Big 12 did a site survey per our request. The big takeaway was as many of our sports teams as possible needed to be on campus. Like a village setting. That is why you see what is happening on south campus now. Maybe, just maybe, this is showing a commitment to all of our sports teams and the naming rights of the SBMS is exactly what is needed to get the ole girl up to B12 standards and sets the tone for the future. Our Ath. Dept. is $20 mill in the hole, not $12 like was reported, or so I hear. No way we are in a position to build an OCS right now unless the state builds it. Not happening right now.

Leaders lead, followers follow.
Great times calls for great measures.
Not a time for small thinkers and those who are use to settling for things.

More than enough money out there to get it done if the University gets behind it and decides it wants to get it done.

Vast difference between operating income and getting a loan and CAPEX fund raising. One is a tax write off and the other is not.
10-02-2021 09:37 AM
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BERT56 Offline
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Post: #65
RE: Simmons bank memorial stadium
(10-02-2021 09:37 AM)griffin Wrote:  
(10-02-2021 09:22 AM)BERT56 Wrote:  Several years ago the Big 12 did a site survey per our request. The big takeaway was as many of our sports teams as possible needed to be on campus. Like a village setting. That is why you see what is happening on south campus now. Maybe, just maybe, this is showing a commitment to all of our sports teams and the naming rights of the SBMS is exactly what is needed to get the ole girl up to B12 standards and sets the tone for the future. Our Ath. Dept. is $20 mill in the hole, not $12 like was reported, or so I hear. No way we are in a position to build an OCS right now unless the state builds it. Not happening right now.

Leaders lead, followers follow.
Great times calls for great measures.
Not a time for small thinkers and those who are use to settling for things.

More than enough money out there to get it done if the University gets behind it and decides it wants to get it done.

Vast difference between operating income and getting a loan and CAPEX fund raising. One is a tax write off and the other is not.

Well, our lame duck president that is being pushed out is on board. So we got that goin for us.
10-02-2021 09:42 AM
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TIGERCITY Offline
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Post: #66
RE: Simmons bank memorial stadium
(10-02-2021 09:37 AM)griffin Wrote:  
(10-02-2021 09:22 AM)BERT56 Wrote:  Several years ago the Big 12 did a site survey per our request. The big takeaway was as many of our sports teams as possible needed to be on campus. Like a village setting. That is why you see what is happening on south campus now. Maybe, just maybe, this is showing a commitment to all of our sports teams and the naming rights of the SBMS is exactly what is needed to get the ole girl up to B12 standards and sets the tone for the future. Our Ath. Dept. is $20 mill in the hole, not $12 like was reported, or so I hear. No way we are in a position to build an OCS right now unless the state builds it. Not happening right now.

Leaders lead, followers follow.
Great times calls for great measures.
Not a time for small thinkers and those who are use to settling for things.

More than enough money out there to get it done if the University gets behind it and decides it wants to get it done.

Vast difference between operating income and getting a loan and CAPEX fund raising. One is a tax write off and the other is not.

If that's actually true, that the money is actually already there, then why only silence thus far? With Texas and Oklahoma leaving the Big 12 soon you think the wheels would be at least turning on an on-campus stadium --- why the sitting around? Legislation on state funds pending? Businesses investing? Thus far all we're hearing are plans to get the Liberty Bowl ready. All the movement is on one front and none on the other --- it's not like there isn't a clock ticking.
10-02-2021 09:57 AM
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griffin Offline
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Post: #67
RE: Simmons bank memorial stadium
(10-02-2021 09:57 AM)TIGERCITY Wrote:  
(10-02-2021 09:37 AM)griffin Wrote:  
(10-02-2021 09:22 AM)BERT56 Wrote:  Several years ago the Big 12 did a site survey per our request. The big takeaway was as many of our sports teams as possible needed to be on campus. Like a village setting. That is why you see what is happening on south campus now. Maybe, just maybe, this is showing a commitment to all of our sports teams and the naming rights of the SBMS is exactly what is needed to get the ole girl up to B12 standards and sets the tone for the future. Our Ath. Dept. is $20 mill in the hole, not $12 like was reported, or so I hear. No way we are in a position to build an OCS right now unless the state builds it. Not happening right now.

Leaders lead, followers follow.
Great times calls for great measures.
Not a time for small thinkers and those who are use to settling for things.

More than enough money out there to get it done if the University gets behind it and decides it wants to get it done.

Vast difference between operating income and getting a loan and CAPEX fund raising. One is a tax write off and the other is not.

If that's actually true, that the money is actually already there, then why only silence thus far? With Texas and Oklahoma leaving the Big 12 soon you think the wheels would be at least turning on an on-campus stadium --- why the sitting around? Legislation on state funds pending? Businesses investing? Thus far all we're hearing are plans to get the Liberty Bowl ready. All the movement is on one front and none on the other --- it's not like there isn't a clock ticking.

...The President of the University stated the need for it which has never been done before from a President of the University.

...The University has to "decide" to have a campaign first, it's how it works...

Let me take you back to before we had the Grizzlies...only a small subset of people knew we were after a NBA team, exceptionally small - what was more exciting is that there were "two" teams planning to come here - one was the one we got the other was headed up by Bill Laurie and a group with Dick Hackett and Gene Bartow representing them locally. All at the same time - there was going to be a new basketball arena at that time and no one knew it in this city. Very few even know we had our choice of teams at that time.

Illustration to show when the right people get behind something, its a matter of fact its happening not a miracle.

It all starts w the President and the Board and goes from there.

Lots of politics behind the scenes right now w the Pres.
10-02-2021 10:04 AM
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TIGERCITY Offline
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Post: #68
RE: Simmons bank memorial stadium
Sure, if the "right people" are interested in an on-campus stadium it will get done. Of course that's always been the case with any project. But so far it's just a lot of "Ifs." Maybe that will change and I'd be totally on board. Right now it's only words and hopes. And, with the looming deadline to actually do something, those don't build on-campus stadiums.
10-02-2021 10:16 AM
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NDTiger Offline
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Post: #69
RE: Simmons bank memorial stadium
(10-01-2021 03:32 PM)WColt45 Wrote:  I hope they don't get us confused with Simmons Bank Field in Pine Bluff, Simmons Bank Arena in Little Rock, or Simmons Bank Stadium in Alcorn MS.

Too bad we couldn't get a company local to Memphis to sell the naming rights to (Autozone or International Paper, anyone?)

Maybe that is because they are being courted for the OCS?
10-02-2021 10:30 AM
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tigerlands Offline
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Post: #70
RE: Simmons bank memorial stadium
(10-02-2021 10:30 AM)NDTiger Wrote:  
(10-01-2021 03:32 PM)WColt45 Wrote:  I hope they don't get us confused with Simmons Bank Field in Pine Bluff, Simmons Bank Arena in Little Rock, or Simmons Bank Stadium in Alcorn MS.

Too bad we couldn't get a company local to Memphis to sell the naming rights to (Autozone or International Paper, anyone?)

Maybe that is because they are being courted for the OCS?

What's the deal with International Paper? They are not very visible or involved in the community. Probably they are behind the scenes but you don't hear their name much. Don't get me wrong, Memphis is lucky to have them but it would be great if they were more visible. I mean they are a big time global corporate entity, I would love to see them step up locally.
10-02-2021 10:55 AM
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Marc Mensa Offline
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Post: #71
RE: Simmons bank memorial stadium
Temple plays in a sweet stadium. I’m shocked the ACC or Big 12 wouldn’t be interested in a team that plays in a top 10 market and in such a wonderful, big league facility.

Great looking tarps, too.
(This post was last modified: 10-02-2021 11:28 AM by Marc Mensa.)
10-02-2021 11:08 AM
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umbluegray Offline
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Post: #72
RE: Simmons bank memorial stadium
This video was posted on Sep 30th -- 2 days ago. I don't know if it was recorded on the 30th or prior. Not sure how they do their show and time their video releases.

Anyway, jump to 4:50. The off-campus stadium isn't the problem apparently. It seems that the problem with the stadium is outdated amenities -- bathrooms, concession stands, etc. They talk about a potential naming rights deal to fund the updates.

At the beginning of the video they talk about Boise States stadium. It's going to need an addition 15,000 seats.





So this kind of sums up the naming deal...

Simmons Bank: Let us give you millions of dollars to bring the stadium up to Big 12 standards so you can get in the Big 12.

Tiger Fans: Boo! Hiss! You suck!
10-02-2021 08:39 PM
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tpaw09 Offline
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Post: #73
RE: Simmons bank memorial stadium
(10-02-2021 08:39 PM)umbluegray Wrote:  This video was posted on Sep 30th -- 2 days ago. I don't know if it was recorded on the 30th or prior. Not sure how they do their show and time their video releases.

Anyway, jump to 4:50. The off-campus stadium isn't the problem apparently. It seems that the problem with the stadium is outdated amenities -- bathrooms, concession stands, etc. They talk about a potential naming rights deal to fund the updates.

At the beginning of the video they talk about Boise States stadium. It's going to need an addition 15,000 seats.





So this kind of sums up the naming deal...

Simmons Bank: Let us give you millions of dollars to bring the stadium up to Big 12 standards so you can get in the Big 12.

Tiger Fans: Boo! Hiss! You suck!

That’s what I gathered also…
10-02-2021 08:43 PM
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WColt45 Offline
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Post: #74
RE: Simmons bank memorial stadium
Why is every single thread the same 4 guys arguing?
10-02-2021 10:15 PM
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BinghamptonNed Offline
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Post: #75
RE: Simmons bank memorial stadium
(10-02-2021 10:15 PM)WColt45 Wrote:  Why is every single thread the same 4 guys arguing?

No it’s not03-lmfao
10-03-2021 02:57 PM
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3601 Offline
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Post: #76
RE: Simmons bank memorial stadium
(10-02-2021 02:20 AM)ncrdbl1 Wrote:  
(10-01-2021 10:29 PM)EarthBoundMisfit Wrote:  Simmons' deal with the arena in Arkansas was about $10.5? million.
I dunno how significant that would be for Memphis...as far as Liberty Bowl upgrades and improvements.

Spread over 15 years.

But that is a basketball arena. Average naming rights for football stadiums is around $3 million a year.

Not sure where $3 Million came from. Recent naming rights deals for G5 football stadiums have been nowhere near $3 Million annually.
03-23-2023 04:36 PM
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aardWolf Offline
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Post: #77
RE: Simmons bank memorial stadium
(03-23-2023 04:36 PM)3601 Wrote:  
(10-02-2021 02:20 AM)ncrdbl1 Wrote:  
(10-01-2021 10:29 PM)EarthBoundMisfit Wrote:  Simmons' deal with the arena in Arkansas was about $10.5? million.
I dunno how significant that would be for Memphis...as far as Liberty Bowl upgrades and improvements.

Spread over 15 years.

But that is a basketball arena. Average naming rights for football stadiums is around $3 million a year.

Not sure where $3 Million came from. Recent naming rights deals for G5 football stadiums have been nowhere near $3 Million annually.

"Recent" Football Naming Rights:
2019 Rutgers - $1,450,000/year
2017 Kentucky - $1,850,000/year
2017 New Mexico - $900,000/year
2016 San Jose State - $578,870/year
2015 Utah State - $273,913/year

https://watchstadium.com/is-your-school-...8-14-2019/


UNC did a study in 2022, and came up with this (PDF link):
https://www.google.com/url?sa=t&rct=j&q=...-1Da1r6t-N

Page 26 has a table showing the Average Annual price in 2021 dollars for venue naming rights is $1,154,647.55, with the MINIMUM being $92,500/year and the max being $4,833,000 per year.

Keep in mind that 12.2% of those had a professional league tenant.
03-23-2023 04:54 PM
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TIGERBUDDY Offline
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Post: #78
RE: Simmons bank memorial stadium
(10-01-2021 08:09 PM)FORealTigerFan Wrote:  It isn't the job of our University to keep that sinking liberty bowl a float. We have got to go separate ways and build our own place. Let the City deal with it. We have got to do our own thing. Dreamers Thinkers Doers Right?
02-13-banana WE are certainly dreamers. The rest I am not sure about.
03-24-2023 07:49 AM
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72Tiger Offline
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Post: #79
RE: Simmons bank memorial stadium
(03-24-2023 07:49 AM)TIGERBUDDY Wrote:  
(10-01-2021 08:09 PM)FORealTigerFan Wrote:  It isn't the job of our University to keep that sinking liberty bowl a float. We have got to go separate ways and build our own place. Let the City deal with it. We have got to do our own thing. Dreamers Thinkers Doers Right?
02-13-banana WE are certainly dreamers. The rest I am not sure about.

Dreamers, Thinkers, Dewars

[Image: dewar-s-12-year-scotch-discovery-gift-set_1.jpg]
03-24-2023 05:38 PM
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former guest Offline
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Post: #80
RE: Simmons bank memorial stadium
(03-24-2023 05:38 PM)72Tiger Wrote:  
(03-24-2023 07:49 AM)TIGERBUDDY Wrote:  
(10-01-2021 08:09 PM)FORealTigerFan Wrote:  It isn't the job of our University to keep that sinking liberty bowl a float. We have got to go separate ways and build our own place. Let the City deal with it. We have got to do our own thing. Dreamers Thinkers Doers Right?
02-13-banana WE are certainly dreamers. The rest I am not sure about.

Dreamers, Thinkers, Dewars

Schemers, Stinkers, Screwers…
03-24-2023 06:55 PM
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