I caught part of it. He said we will be hearing shortly how financing the Liberty Bowl upgrades will work. The host said something like it would be ridiculous to announce this and I have any idea about money. Strickland said "good guess." Added that if the school did not have a good idea where the money was coming from they would not make the announcement. Strickland said the timing the upgrade completion was very important. Added that one of the factors was the amount of time it would take to acquire land, plan, finance, and construct a new on-campus stadium (total about 10 years) versus the time it would take to upgrade the Liberty Bowl (2025). S Strickland also added that what Memphis plans to do will be a lot like what the Bearcats did with their 100 year old stadium. Like I said I only heard part of the interview.....Anybody hear anything else?
(This post was last modified: 05-16-2022 03:33 PM by TIGERCITY.)
(05-16-2022 03:27 PM)TIGERCITY Wrote: I caught part of it. He said we will be hearing shortly how financing the Liberty Bowl upgrades will work. The host said something like it would be ridiculous to announce this and I have any idea about money. Strickland said "good guess." Added that if the school did not have a good idea where the money was coming from they would not make the announcement. Strickland said the timing the upgrade completion was very important. Added that one of the factors was the amount of time it would take to acquire land, plan, finance, and construct a new on-campus stadium (total about 10 years) versus the time it would take to upgrade the Liberty Bowl (2025). S Strickland also added that what Memphis plans to do will be a lot like what the Bearcats did with their 100 year old stadium. Like I said I only heard part of the interview.....Anybody hear anything else?
Believe that 10 years projection is a pipe dream. I believe it would've been closer to 20 years with all the lawsuits.
(This post was last modified: 05-16-2022 07:56 PM by ncrdbl1.)
(05-16-2022 03:27 PM)TIGERCITY Wrote: I caught part of it. He said we will be hearing shortly how financing the Liberty Bowl upgrades will work. The host said something like it would be ridiculous to announce this and I have any idea about money. Strickland said "good guess." Added that if the school did not have a good idea where the money was coming from they would not make the announcement. Strickland said the timing the upgrade completion was very important. Added that one of the factors was the amount of time it would take to acquire land, plan, finance, and construct a new on-campus stadium (total about 10 years) versus the time it would take to upgrade the Liberty Bowl (2025). S Strickland also added that what Memphis plans to do will be a lot like what the Bearcats did with their 100 year old stadium. Like I said I only heard part of the interview.....Anybody hear anything else?
Believe that 10 years projection is a pipe dream. I believe it would've been closer to 20 years with all the lawsuits.
Maybe, but 10 or 20- the difference is really academic. The point I think Strickland was making was that 10 years, 20 years, isn't 2025. Of course, that was just one of the factors mention, but probably a significant one..at least I hope so.
(05-16-2022 03:27 PM)TIGERCITY Wrote: I caught part of it. He said we will be hearing shortly how financing the Liberty Bowl upgrades will work. The host said something like it would be ridiculous to announce this and I have any idea about money. Strickland said "good guess." Added that if the school did not have a good idea where the money was coming from they would not make the announcement. Strickland said the timing the upgrade completion was very important. Added that one of the factors was the amount of time it would take to acquire land, plan, finance, and construct a new on-campus stadium (total about 10 years) versus the time it would take to upgrade the Liberty Bowl (2025). S Strickland also added that what Memphis plans to do will be a lot like what the Bearcats did with their 100 year old stadium. Like I said I only heard part of the interview.....Anybody hear anything else?
Believe that 10 years projection is a pipe dream. I believe it would've been closer to 20 years with all the lawsuits.
Maybe, but 10 or 20- the difference is really academic. The point I think Strickland was making was that 10 years, 20 years, isn't 2025. Of course, that was just one of the factors mention, but probably a significant one..at least I hope so.
So the 10-year estimate based on acquiring land that we don't have yet? I can see where that might be a delay and a problem. Of course I think the biggest problem is simply the 400 million-dollar cost.... and that will turn into God knows how much more in 10 years. The giant elephant blocking the door.
(05-16-2022 03:27 PM)TIGERCITY Wrote: I caught part of it. He said we will be hearing shortly how financing the Liberty Bowl upgrades will work. The host said something like it would be ridiculous to announce this and I have any idea about money. Strickland said "good guess." Added that if the school did not have a good idea where the money was coming from they would not make the announcement. Strickland said the timing the upgrade completion was very important. Added that one of the factors was the amount of time it would take to acquire land, plan, finance, and construct a new on-campus stadium (total about 10 years) versus the time it would take to upgrade the Liberty Bowl (2025). S Strickland also added that what Memphis plans to do will be a lot like what the Bearcats did with their 100 year old stadium. Like I said I only heard part of the interview.....Anybody hear anything else?
Believe that 10 years projection is a pipe dream. I believe it would've been closer to 20 years with all the lawsuits.
Maybe, but 10 or 20- the difference is really academic. The point I think Strickland was making was that 10 years, 20 years, isn't 2025. Of course, that was just one of the factors mention, but probably a significant one..at least I hope so.
So the 10-year estimate based on acquiring land that we don't have yet? I can see where that might be a delay and a problem. Of course I think the biggest problem is simply the 400 million-dollar cost.... and that will turn into God knows how much more in 10 years. The giant elephant blocking the door.
There going to spend 200 million to rebuild half the Liberty Bowl. If they do the other half, guess what 2 X 200 million is? Yep. 400 million kids. It's a shell game.
(05-16-2022 03:27 PM)TIGERCITY Wrote: I caught part of it. He said we will be hearing shortly how financing the Liberty Bowl upgrades will work. The host said something like it would be ridiculous to announce this and I have any idea about money. Strickland said "good guess." Added that if the school did not have a good idea where the money was coming from they would not make the announcement. Strickland said the timing the upgrade completion was very important. Added that one of the factors was the amount of time it would take to acquire land, plan, finance, and construct a new on-campus stadium (total about 10 years) versus the time it would take to upgrade the Liberty Bowl (2025). S Strickland also added that what Memphis plans to do will be a lot like what the Bearcats did with their 100 year old stadium. Like I said I only heard part of the interview.....Anybody hear anything else?
As some of us thought, they already know where a good chunk of the money is coming from. They're not flying by the seat of their pants.
The land acquisition was clearly the main hurdle for an OCS - both time wise and $$ wise.
Just wait until the city chooses un- and under qualified contractors and doesn’t go with the lowest bid. Wouldn’t be a city of Memphis project if they didn’t do that.
(05-16-2022 03:27 PM)TIGERCITY Wrote: I caught part of it. He said we will be hearing shortly how financing the Liberty Bowl upgrades will work. The host said something like it would be ridiculous to announce this and I have any idea about money. Strickland said "good guess." Added that if the school did not have a good idea where the money was coming from they would not make the announcement. Strickland said the timing the upgrade completion was very important. Added that one of the factors was the amount of time it would take to acquire land, plan, finance, and construct a new on-campus stadium (total about 10 years) versus the time it would take to upgrade the Liberty Bowl (2025). S Strickland also added that what Memphis plans to do will be a lot like what the Bearcats did with their 100 year old stadium. Like I said I only heard part of the interview.....Anybody hear anything else?
As some of us thought, they already know where a good chunk of the money is coming from. They're not flying by the seat of their pants.
The land acquisition was clearly the main hurdle for an OCS - both time wise and $$ wise.
(05-16-2022 03:27 PM)TIGERCITY Wrote: I caught part of it. He said we will be hearing shortly how financing the Liberty Bowl upgrades will work. The host said something like it would be ridiculous to announce this and I have any idea about money. Strickland said "good guess." Added that if the school did not have a good idea where the money was coming from they would not make the announcement. Strickland said the timing the upgrade completion was very important. Added that one of the factors was the amount of time it would take to acquire land, plan, finance, and construct a new on-campus stadium (total about 10 years) versus the time it would take to upgrade the Liberty Bowl (2025). S Strickland also added that what Memphis plans to do will be a lot like what the Bearcats did with their 100 year old stadium. Like I said I only heard part of the interview.....Anybody hear anything else?
Believe that 10 years projection is a pipe dream. I believe it would've been closer to 20 years with all the lawsuits.
Maybe, but 10 or 20- the difference is really academic. The point I think Strickland was making was that 10 years, 20 years, isn't 2025. Of course, that was just one of the factors mention, but probably a significant one..at least I hope so.
So the 10-year estimate based on acquiring land that we don't have yet? I can see where that might be a delay and a problem. Of course I think the biggest problem is simply the 400 million-dollar cost.... and that will turn into God knows how much more in 10 years. The giant elephant blocking the door.
I wonder where they thought about putting it if they had to acquire land? Between Highland and Patterson?
If it was over the the library and engineering crossing over zach curling then wouldn't the university already own the land?
Could they have been thinking across Southern? Or maybe off of Patterson between Poplar and Central behind the Holiday Inn?