[Husker] Big 10 to increase number of league games.
Jon Johnston
jon.johnston at gmail.com
Tue Feb 12 22:32:12 CST 2013
The Forbes article someone mentioned estimated that each home game brings in $8M to the city of Lincoln.
Jon Johnston
Corn Nation
On Feb 12, 2013, at 10:22 PM, Paul Dalen <quesohusker at gmail.com> wrote:
> Husker home games aren't just revenue generating for the university...they are a not insignificant part of the city's economic base.
>
> The city of Lincoln, surrounding communities, and even the State of Nebraska are stakeholders in this decision.
>
> Paul
>
> On Feb 12, 2013, at 1:25 PM, Shawn Sherlock <shawnsherlock at sbcglobal.net> wrote:
>
>> I have not read through all of these to know if this has been mentioned and this
>> does not take into account the economic impact for the Lincoln and Nebraska
>> businesses that benefit from having the home games, but:
>>
>> How much more would you as a ticket holder be willing to pay for higher quality
>> level of apponants?
>>
>> I recognize that ticket prices are higher these days (especially once you factor
>> in the "donation" on season tickets), but would it be worth $10 more to see a
>> mid-level team from a top conference rather than a Directional U that isnt even
>> competetive in their own conference?
>>
>> Making up this $5MM over a six home game sechedule works out to be approx $9.25
>> extra per ticket/game (assuming 90K paying tickets per game). Depending on how
>> the athelitic department is allowed to cash flow on a year to year basis, by
>> averaging out the increased revenue on an every-other year basis would reduce it
>> to $5.
>>
>> There are so many ways that this $5MM can be made up (with the majority of fans
>> not even noticing it) that I doubt it would affect the actual budget. But
>> having only a six home game year with two or three of those being pay-for-play
>> would hurt the revenue (IMO).
>>
>> That said, I depend on these pay-for-play games as my chance to get into the
>> stadium as these tend to be the easiest and cheapest tickets to get for someone
>> outside of Lincoln and just traveling in for the day.
>>
>>
>>
>>
>> ________________________________
>> From: Mike Jaixen <mikejaixen at yahoo.com>
>> To: Dave Ratchford <ratchfromneb at gmail.com>; husker at tssi.com
>> Sent: Tue, February 12, 2013 12:38:20 PM
>> Subject: Re: [Husker] Big 10 to increase number of league games.
>>
>> That's awfully generous for you to determine how the Nebraska athletic
>> department should spend their money. Nebraska football makes a lot of money,
>> but the athletic department spends a lot of money to put all of those funds to
>> use. Cutting $5 million of revenue from the department will have an effect.
>> Probably not to the football program, because you never want to cripple the cash
>> cow of the department.
>>
>> But that money is being used for something. It's not going into some slushfund
>> for Tom and Shawn to roll around in whenever they are feeling down in the
>> dumps. It's used for those many sports that don't make revenue, and those
>> programs would be affected if you remove revenue from the department.
>>
>> Mike Jaixen
>> http://huskermike.blogspot.com
>> http://www.cornnation.com
>>
>> --- On Tue, 2/12/13, Dave Ratchford <ratchfromneb at gmail.com> wrote:
>>
>> From: Dave Ratchford <ratchfromneb at gmail.com>
>> Subject: Re: [Husker] Big 10 to increase number of league games.
>> To: "Gerald Jensen" <answerman1 at hotmail.com>
>> Cc: "Mike Jaixen" <mikejaixen at yahoo.com>, "Husker Discussion List"
>> <husker at tssi.com>
>> Date: Tuesday, February 12, 2013, 11:51 AM
>>
>> Check out the valuations of college football programs done by Forbes mag in Dec.
>> 2012. Google will take you to it. As Paul Dalen can no doubt confirm, numbers
>> can pretty much tell any story you want them to. The Nebraska athletic
>> department makes a lot of money. More than just about all the other 126 (or
>> so...not sure) FBS schools. This idea that we have to pay all these teams to
>> come play in Lincoln because we *need* the money so bad is wrong. The idea that
>> we must play 7 home games or we will be in a dire financial plight is wrong as
>> well. We *want* to play 7 home games of course, more home games for our fans.
>> We *want* the money from the home games of course, put it to good use I am
>> sure. But the program being severely impacted if we play 6 games every few
>> years? Not so. At all. Worth it to play less lame OOC games.
>>
>>
>>
>> Dave
>>
>>
>> On Tue, Feb 12, 2013 at 11:35 AM, Gerald Jensen <answerman1 at hotmail.com> wrote:
>>
>>
>>
>>
>>
>> If it results in one less home game every few years, and programs like OSU and
>> Michigan aren't afraid of it, then Nebraska shouldn't be as well.
>>
>>
>>
>>
>>
>>
>> This is a very short-sighted statement. Nebraska is no where close to the
>> financial league of O-State and Michigan. I am placing a chart in the body, of
>> this message, if it does not pass the Mike's server let me know and I will
>> attach it. Nebraska is much closer to the bottom of the BIG than the top. Notice
>> O-State had a $10,000,000 profit Michigan had a $10,000,000 profit Penn State
>> had a $15,000,000 profit Nebraska had a $1.5 million profit. We barely break
>> even. Also note neither Penn State nor Ohio State receive any school subsidy and
>> Michigan receives a pittance.
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>> School
>>
>>
>> Revenue
>>
>> Expenses
>>
>> Subsidies
>>
>>
>> Ohio State
>>
>> $131,815,821
>>
>> $122,286,869
>>
>> $0
>>
>>
>> Michigan
>>
>> $122,739,052
>>
>> $111,844,553
>>
>> $272,684
>>
>>
>> Penn State
>>
>> $116,118,025
>>
>> $101,336,483
>>
>> $0
>>
>>
>> Wisconsin
>>
>> $96,288,191
>>
>> $95,623,345
>>
>> $7,237,901
>>
>>
>> Iowa
>>
>> $93,353,56
>>
>> $88,057,486
>>
>> $564,680
>>
>>
>> Mich State
>>
>> $84,510,199
>>
>> $84,004,229
>>
>> $3,650,280
>>
>>
>> Nebraska
>>
>> $83,679,756
>>
>> $81,916,484
>>
>> $0
>>
>>
>> Minnesota
>>
>> $78,924,683
>>
>> $78,924,683
>>
>> $7,778,861
>>
>>
>> Illinois
>>
>> $77,863,883
>>
>> $73,476,818
>>
>> $3,983,640
>>
>>
>> Indiana
>>
>> $71,017,355
>>
>> $69,314,511
>>
>> $2,686,769
>>
>>
>> Purdue
>>
>> $66,202,493
>>
>> $59,429,383
>>
>> $0
>>
>>
>> Northwestern
>>
>> N/A
>>
>> N/A
>>
>> N/A
>>
>>
>>
>>
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