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Details about Memphis stadium study
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tennis2k4 Offline
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Post: #1
Details about Memphis stadium study
06-02-2022 10:16 PM
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Claw Offline
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RE: Details about Memphis stadium study
That's a start. Sure would like to see the whole document.
06-03-2022 07:15 AM
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Eagleonpar Offline
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RE: Details about Memphis stadium study
Bless your hearts. Y’all never give up lol
06-03-2022 07:37 AM
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Claw Offline
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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?
06-03-2022 07:49 AM
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BandwagonJumper Away
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Post: #5
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.
06-03-2022 07:52 AM
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Elktrodden Offline
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Post: #6
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.
06-03-2022 09:29 AM
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BinghamptonNed Offline
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Post: #7
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. 03-hissyfit
06-03-2022 09:56 AM
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BinghamptonNed Offline
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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
06-03-2022 10:03 AM
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Claw Offline
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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. 03-hissyfit

You're right. There is NINETY PAGES of a study telling us how to spend 200 million dollars. You can't argue with that.
06-03-2022 10:03 AM
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BinghamptonNed Offline
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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
06-03-2022 10:10 AM
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griffin Offline
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Post: #11
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.
06-03-2022 10:14 AM
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Claw Offline
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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.
06-03-2022 10:15 AM
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Unionman76 Offline
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Post: #13
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
06-03-2022 10:25 AM
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DDrum1961 Offline
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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 ...
06-03-2022 10:34 AM
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Stammers Offline
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Post: #15
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.
06-03-2022 11:13 AM
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tigerfan39 Offline
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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'?
06-03-2022 11:46 AM
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tigergreen Offline
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Post: #17
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.
06-03-2022 11:51 AM
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Claw Offline
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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.
06-03-2022 11:51 AM
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aardWolf Offline
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Post: #19
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.)
06-03-2022 12:32 PM
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Marc Mensa Offline
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RE: Details about Memphis stadium study
Why does a casual fan need to buy season tickets for Memphis football?
06-03-2022 03:29 PM
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