tennis2k4
Master Mason
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I Root For: memphis
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Details about Memphis stadium study
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06-02-2022 10:16 PM |
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Claw
Hall of Famer
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I Root For: Memphis
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RE: Details about Memphis stadium study
That's a start. Sure would like to see the whole document.
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06-03-2022 07:15 AM |
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Eagleonpar
Heisman
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RE: Details about Memphis stadium study
Bless your hearts. Y’all never give up lol
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06-03-2022 07:37 AM |
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Claw
Hall of Famer
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RE: Details about Memphis stadium study
(06-03-2022 07:37 AM)Eagleonpar Wrote: Bless your hearts. Y’all never give up lol
The article did not detail anything about what IS going to be done or anything the study may have said about stadium renovations.
I'd like to see that part. Wouldn't you?
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06-03-2022 07:49 AM |
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BandwagonJumper
First name Greatest, Last name Ever
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RE: Details about Memphis stadium study
In what was labeled “Scenario 3: Low funding potential,” the University of Memphis was determined to have an estimated funding capacity of just over $201 million, broken down into five categories:
Donor recognition opportunities: $22.505 million.
Naming rights: $25 million.
Founders suites: $15 million.
Capital seat gifts: $30.715 million.
Incremental annual stadium revenue (25-year bonds, 3.0% interest rate, 2.0 coverage): $108.223 million.
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06-03-2022 07:52 AM |
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Elktrodden
2nd String
Posts: 328
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I Root For: Memphis
Location: Branson, MO
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RE: Details about Memphis stadium study
Do you have visibility into Scenario 1 and 2?
(06-03-2022 07:52 AM)BandwagonJumper Wrote: In what was labeled “Scenario 3: Low funding potential,” the University of Memphis was determined to have an estimated funding capacity of just over $201 million, broken down into five categories:
Donor recognition opportunities: $22.505 million.
Naming rights: $25 million.
Founders suites: $15 million.
Capital seat gifts: $30.715 million.
Incremental annual stadium revenue (25-year bonds, 3.0% interest rate, 2.0 coverage): $108.223 million.
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06-03-2022 09:29 AM |
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BinghamptonNed
Hall of Famer
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I Root For: Memphis
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RE: Details about Memphis stadium study
(06-03-2022 07:37 AM)Eagleonpar Wrote: Bless your hearts. Y’all never give up lol
Don't you know?
A new Stadium on campus won't cost any more than renovting the existing stadium- the Unversity will make a financial fortune off of parking and concesions but "they" won't let us build it , All of the information to prove this is beig witheld from the public for obvious reasons.
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06-03-2022 09:56 AM |
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BinghamptonNed
Hall of Famer
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RE: Details about Memphis stadium study
(06-03-2022 07:52 AM)BandwagonJumper Wrote: In what was labeled “Scenario 3: Low funding potential,” the University of Memphis was determined to have an estimated funding capacity of just over $201 million, broken down into five categories:
Donor recognition opportunities: $22.505 million.
Naming rights: $25 million.
Founders suites: $15 million.
Capital seat gifts: $30.715 million.
Incremental annual stadium revenue (25-year bonds, 3.0% interest rate, 2.0 coverage): $108.223 million.
Scenario 1: stadium $307 million
+$17.5 million for seismic cost.
+site work $18.2 million
+Enabling cost $2.1 million
+"soft cost” of $98.2 million.
$444,000,0000 was the scenario 1
"This model included the need for a major lead gift estimated to net $104.8 million"
Do y'all remember when a respected poster came on this board and said that the school had sked two big boosters for $50,000,000 each?
Sounds like the answer was no, and the poster was spot on
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06-03-2022 10:03 AM |
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Claw
Hall of Famer
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I Root For: Memphis
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RE: Details about Memphis stadium study
(06-03-2022 09:56 AM)BinghamptonNed Wrote: (06-03-2022 07:37 AM)Eagleonpar Wrote: Bless your hearts. Y’all never give up lol
Don't you know?
A new Stadium on campus won't cost any more than renovting the existing stadium- the Unversity will make a financial fortune off of parking and concesions but "they" won't let us build it , All of the information to prove this is beig witheld from the public for obvious reasons.
You're right. There is NINETY PAGES of a study telling us how to spend 200 million dollars. You can't argue with that.
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06-03-2022 10:03 AM |
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BinghamptonNed
Hall of Famer
Posts: 23,094
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I Root For: Memphis
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RE: Details about Memphis stadium study
(06-03-2022 07:52 AM)BandwagonJumper Wrote: In what was labeled “Scenario 3: Low funding potential,” the University of Memphis was determined to have an estimated funding capacity of just over $201 million, broken down into five categories:
Donor recognition opportunities: $22.505 million.
Naming rights: $25 million.
Founders suites: $15 million.
Capital seat gifts: $30.715 million.
Incremental annual stadium revenue (25-year bonds, 3.0% interest rate, 2.0 coverage): $108.223 million.
btw:
IF there are 20,000 current season tickets sold for the 2022 Season (which I think is wildly opimistic) "Capital seat gifts" would be an AVERAGE of $1,500 per season ticket to be donated/.
So if you have 4 season tickets the University's "cheap" plan is assuming you will make a one time donation of $6,000 - on average
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06-03-2022 10:10 AM |
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griffin
All American
Posts: 3,124
Joined: Sep 2004
Reputation: 339
I Root For: Memphis
Location: Germantown, TN
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RE: Details about Memphis stadium study
(06-03-2022 10:03 AM)BinghamptonNed Wrote: (06-03-2022 07:52 AM)BandwagonJumper Wrote: In what was labeled “Scenario 3: Low funding potential,” the University of Memphis was determined to have an estimated funding capacity of just over $201 million, broken down into five categories:
Donor recognition opportunities: $22.505 million.
Naming rights: $25 million.
Founders suites: $15 million.
Capital seat gifts: $30.715 million.
Incremental annual stadium revenue (25-year bonds, 3.0% interest rate, 2.0 coverage): $108.223 million.
Scenario 1: stadium $307 million
+$17.5 million for seismic cost.
+site work $18.2 million
+Enabling cost $2.1 million
+"soft cost” of $98.2 million.
$444,000,0000 was the scenario 1
"This model included the need for a major lead gift estimated to net $104.8 million"
Do y'all remember when a respected poster came on this board and said that the school had sked two big boosters for $50,000,000 each?
Sounds like the answer was no, and the poster was spot on
(06-03-2022 10:10 AM)BinghamptonNed Wrote: (06-03-2022 07:52 AM)BandwagonJumper Wrote: In what was labeled “Scenario 3: Low funding potential,” the University of Memphis was determined to have an estimated funding capacity of just over $201 million, broken down into five categories:
Donor recognition opportunities: $22.505 million.
Naming rights: $25 million.
Founders suites: $15 million.
Capital seat gifts: $30.715 million.
Incremental annual stadium revenue (25-year bonds, 3.0% interest rate, 2.0 coverage): $108.223 million.
btw:
IF there are 20,000 current season tickets sold for the 2022 Season (which I think is wildly opimistic) "Capital seat gifts" would be an AVERAGE of $1,500 per season ticket to be donated/.
So if you have 4 season tickets the University's "cheap" plan is assuming you will make a one time donation of $6,000 - on average
We have averaged minus the covid year only about 15K each and every season since Fuente's last season. Even with the New Year's Day game, we did not increase our season ticket sales incrementally.
So, hopefully we can increase enough to get to 20K.
BTW we sold more season tickets Rip Schear's first year (21K) than we sell now. I believe it is a sign of the times in comparing that time frame to now.
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06-03-2022 10:14 AM |
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Claw
Hall of Famer
Posts: 24,968
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I Root For: Memphis
Location: Orangeville HELP!
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RE: Details about Memphis stadium study
(06-03-2022 10:10 AM)BinghamptonNed Wrote: (06-03-2022 07:52 AM)BandwagonJumper Wrote: In what was labeled “Scenario 3: Low funding potential,” the University of Memphis was determined to have an estimated funding capacity of just over $201 million, broken down into five categories:
Donor recognition opportunities: $22.505 million.
Naming rights: $25 million.
Founders suites: $15 million.
Capital seat gifts: $30.715 million.
Incremental annual stadium revenue (25-year bonds, 3.0% interest rate, 2.0 coverage): $108.223 million.
btw:
IF there are 20,000 current season tickets sold for the 2022 Season (which I think is wildly opimistic) "Capital seat gifts" would be an AVERAGE of $1,500 per season ticket to be donated/.
So if you have 4 season tickets the University's "cheap" plan is assuming you will make a one time donation of $6,000 - on average
That's pretty steep. The timing with the economy could not be worse.
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06-03-2022 10:15 AM |
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Unionman76
Heisman
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I Root For: Memphis
Location: Olive Branch, MS
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RE: Details about Memphis stadium study
(06-03-2022 10:15 AM)Claw Wrote: (06-03-2022 10:10 AM)BinghamptonNed Wrote: (06-03-2022 07:52 AM)BandwagonJumper Wrote: In what was labeled “Scenario 3: Low funding potential,” the University of Memphis was determined to have an estimated funding capacity of just over $201 million, broken down into five categories:
Donor recognition opportunities: $22.505 million.
Naming rights: $25 million.
Founders suites: $15 million.
Capital seat gifts: $30.715 million.
Incremental annual stadium revenue (25-year bonds, 3.0% interest rate, 2.0 coverage): $108.223 million.
btw:
IF there are 20,000 current season tickets sold for the 2022 Season (which I think is wildly opimistic) "Capital seat gifts" would be an AVERAGE of $1,500 per season ticket to be donated/.
So if you have 4 season tickets the University's "cheap" plan is assuming you will make a one time donation of $6,000 - on average
That's pretty steep. The timing with the economy could not be worse.
i donate more than that
every year
for basketball
time for the university to move the donations to football
and reduce the basketball
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06-03-2022 10:25 AM |
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DDrum1961
1st String
Posts: 1,171
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I Root For: Memphis
Location: Bartlett
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RE: Details about Memphis stadium study
(06-03-2022 10:15 AM)Claw Wrote: (06-03-2022 10:10 AM)BinghamptonNed Wrote: (06-03-2022 07:52 AM)BandwagonJumper Wrote: In what was labeled “Scenario 3: Low funding potential,” the University of Memphis was determined to have an estimated funding capacity of just over $201 million, broken down into five categories:
Donor recognition opportunities: $22.505 million.
Naming rights: $25 million.
Founders suites: $15 million.
Capital seat gifts: $30.715 million.
Incremental annual stadium revenue (25-year bonds, 3.0% interest rate, 2.0 coverage): $108.223 million.
btw:
IF there are 20,000 current season tickets sold for the 2022 Season (which I think is wildly opimistic) "Capital seat gifts" would be an AVERAGE of $1,500 per season ticket to be donated/.
So if you have 4 season tickets the University's "cheap" plan is assuming you will make a one time donation of $6,000 - on average
That's pretty steep. The timing with the economy could not be worse.
And I'm sure that quite a few of the current season ticket holders do NOT make a donation for their tickets .... I know until last year, the area my seats are in did not require a donation ...
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06-03-2022 10:34 AM |
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Stammers
Legend
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Joined: Feb 2004
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I Root For: Memphis
Location: Montreal, Canada
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RE: Details about Memphis stadium study
(06-03-2022 10:10 AM)BinghamptonNed Wrote: (06-03-2022 07:52 AM)BandwagonJumper Wrote: In what was labeled “Scenario 3: Low funding potential,” the University of Memphis was determined to have an estimated funding capacity of just over $201 million, broken down into five categories:
Donor recognition opportunities: $22.505 million.
Naming rights: $25 million.
Founders suites: $15 million.
Capital seat gifts: $30.715 million.
Incremental annual stadium revenue (25-year bonds, 3.0% interest rate, 2.0 coverage): $108.223 million.
btw:
IF there are 20,000 current season tickets sold for the 2022 Season (which I think is wildly opimistic) "Capital seat gifts" would be an AVERAGE of $1,500 per season ticket to be donated/.
So if you have 4 season tickets the University's "cheap" plan is assuming you will make a one time donation of $6,000 - on average
I highly doubt that it would be a one time donation. I would assume that it could be spread out over many years the same way that the seat donation for basketball is paid out annually.
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06-03-2022 11:13 AM |
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tigerfan39
Special Teams
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RE: Details about Memphis stadium study
(06-03-2022 07:15 AM)Claw Wrote: That's a start. Sure would like to see the whole document.
have you asked the school or the engineering firm for the 'whole document'?
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06-03-2022 11:46 AM |
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tigergreen
Moderator
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I Root For: MEMPHIS
Location: E.Midtown is Memphis
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RE: Details about Memphis stadium study
(06-03-2022 11:46 AM)tigerfan39 Wrote: (06-03-2022 07:15 AM)Claw Wrote: That's a start. Sure would like to see the whole document.
have you asked the school or the engineering firm for the 'whole document'?
It wouldn't surprise me if this DM story becomes a multi-part thing - money first, location next, etc.
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06-03-2022 11:51 AM |
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Claw
Hall of Famer
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Location: Orangeville HELP!
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RE: Details about Memphis stadium study
(06-03-2022 11:46 AM)tigerfan39 Wrote: (06-03-2022 07:15 AM)Claw Wrote: That's a start. Sure would like to see the whole document.
have you asked the school or the engineering firm for the 'whole document'?
No, I haven't. All I did was poke the horse to get this article out there.
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06-03-2022 11:51 AM |
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aardWolf
Heisman
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Location: Olive Branch, MS
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RE: Details about Memphis stadium study
(06-03-2022 10:25 AM)Unionman76 Wrote: (06-03-2022 10:15 AM)Claw Wrote: (06-03-2022 10:10 AM)BinghamptonNed Wrote: (06-03-2022 07:52 AM)BandwagonJumper Wrote: In what was labeled “Scenario 3: Low funding potential,” the University of Memphis was determined to have an estimated funding capacity of just over $201 million, broken down into five categories:
Donor recognition opportunities: $22.505 million.
Naming rights: $25 million.
Founders suites: $15 million.
Capital seat gifts: $30.715 million.
Incremental annual stadium revenue (25-year bonds, 3.0% interest rate, 2.0 coverage): $108.223 million.
btw:
IF there are 20,000 current season tickets sold for the 2022 Season (which I think is wildly opimistic) "Capital seat gifts" would be an AVERAGE of $1,500 per season ticket to be donated/.
So if you have 4 season tickets the University's "cheap" plan is assuming you will make a one time donation of $6,000 - on average
That's pretty steep. The timing with the economy could not be worse.
i donate more than that
every year
for basketball
time for the university to move the donations to football
and reduce the basketball
According to the article, the "per capita" donation at Memphis is currently $1,837. Now, what that means depends on how they define the population. Are we talking per season ticket holder? Average attendance?
If you take their numbers of $6.4 million in donations divided by 4,518 athletic donors, you only get $1,417 per person.
(This post was last modified: 06-03-2022 12:34 PM by aardWolf.)
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06-03-2022 12:32 PM |
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Marc Mensa
You'll Get Nothing and Like It
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RE: Details about Memphis stadium study
Why does a casual fan need to buy season tickets for Memphis football?
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06-03-2022 03:29 PM |
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