Rutgers basketball: As Indiana visits, can arena renovation channel Assembly Hall?
We asked four prominent ticket-holders, and a former Rutgers hoops coach, how they would renovate Jersey Mike's Arena.
www.app.com
Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
But hosting potential corporate sponsors and potentially hitting the jackpot with a big $ corporate sponsorship for Rutgers is the sell. Sounds great in theory and plays well to the suits who see the big $$$ potential. While the potential is there - ruining the allure of the RAC is by far and away a bigger overall negative. However that negative is a lot harder to quantify and sell.The best way to increase revenue is with additional seating which ads revenue from parking, concessions and ticket sales.The Pernetti rendering accomplshed this objective by moving out the current entrance side of the RAC twenty feet providing a wider concourse, more rest rooms .concessions and seating.The current seating isn't impacted. .
Rutgers basketball has a corporate sponsor - Jersey Mike's. The company has arena naming rights and other rights through 2041.But hosting potential corporate sponsors and potentially hitting the jackpot with a big $ corporate sponsorship for Rutgers is the sell. Sounds great in theory and plays well to the suits who see the big $$$ potential. While the potential is there - ruining the allure of the RAC is by far and away a bigger overall negative. However that negative is a lot harder to quantify and sell.
Tons of other sponsorship opportunities beyond just arena naming rights.Rutgers basketball has a corporate sponsor - Jersey Mike's. The company has arena naming rights and other rights through 2041.
Many programs in the country have done that. I'm not familiar with what types of premium seating Rutgers currently has or doesn't have.Some of you need to read the article. They don’t mean make the inside look like Assembly Hall, they mean to add on amenities without messing with the structure of the arena part, which is apparently what Indiana did.
What are these opportunities, in addition to the apparel deal?Tons of other sponsorship opportunities beyond just arena naming rights.
“This urinal sponsored by Urologists are Us - it’s a pisser!”What are these opportunities, in addition to the apparel deal?
OMG do you EVER stop?One fact Jerry Carino left out is the Assembly Hall renovation was funded entirely by private donors who gave $40 million to the project.
The donors are the Simon family, whose real estate company owns Menlo Park, Short Hills, Jersey Gardens, and several other New Jersey retail properties.
In New Jersey, in contrast to Indiana, a construction project will cost a lot more to do and require taxpayers to fund it, complicating the project.
Next time you go to a game just look around the arena at all the corporate sponsorship signage and listen at each break to who is sponsoring XYZ . They have an electronic so add constantly changing ads Not to mention the food kiosks, beverage contracts, beer contracts, etc And I’m sure I’m missing things. Let’s also add in hosting corporate sponsors for anything Rutgers related around campus - naming buildings, vending machines, etc. - anything you can imagine - even a urologist!!! Lol. Seriously corporate sponsor/name placement/signage opportunities are vast.What are these opportunities, in addition to the apparel deal?
100% spot-on.Next time you go to a game just look around the arena at all the corporate sponsorship signage and listen at each break to who is sponsoring XYZ . They have an electronic so add constantly changing ads Not to mention the food kiosks, beverage contracts, beer contracts, etc And I’m sure I’m missing things. Let’s also add in hosting corporate sponsors for anything Rutgers related around campus - naming buildings, vending machines, etc. - anything you can imagine - even a urologist!!! Lol. Seriously corporate sponsor/name placement/signage opportunities are vast.
thanks for posting, great article.
Rutgers basketball: As Indiana visits, can arena renovation channel Assembly Hall?
We asked four prominent ticket-holders, and a former Rutgers hoops coach, how they would renovate Jersey Mike's Arena.www.app.com
I get it. Last time I was at the RAC, I counted 12 video boards. Distracting for the fans in the arena but I'm sure some revenue is generated.Next time you go to a game just look around the arena at all the corporate sponsorship signage and listen at each break to who is sponsoring XYZ . They have an electronic so add constantly changing ads Not to mention the food kiosks, beverage contracts, beer contracts, etc And I’m sure I’m missing things. Let’s also add in hosting corporate sponsors for anything Rutgers related around campus - naming buildings, vending machines, etc. - anything you can imagine - even a urologist!!! Lol. Seriously corporate sponsor/name placement/signage opportunities are vast.
Has he ever been to assembly hall ?
They don’t take the air out of the building. Not sure where this myth started.Great article. I'm dead set against luxury boxes and suites that displace regular seating and take the air out of the building. The rendering I saw had suites right in the middle of the side bleachers displacing the heart of the rabid fans.
I did !
If you are talking about me (I brought it up in the interview), then yes...I've been to Assembly Hall many times. Before and after the renovationsHas he ever been to assembly hall ?
Not you ! I appreciate your insightIf you are talking about me (I brought it up in the interview), then yes...I've been to Assembly Hall many times. Before and after the renovations
You can have boxes in plenty of other places. And hospitality areas. Not right in the middle of the action.They don’t take the air out of the building. Not sure where this myth started.
You build luxury boxes. It’s stadium management 101. Not adding luxury boxes and club and hospitality areas of different tiers would be malpractice by Hobbs. Sounds like he understands what’s needed.
“This urinal sponsored by Urologists are Us - it’s a pisser!”
Um, not every RU fan feels this way. I wanted the RAC to be torn down and an entirely new arena to be built. It's an old, ugly, substandard facility. And comparing the RAC's history to a place like Assembly Hall is just laughable.Change the outside, don't mess with the inside. That's what they did at AH, now do the same at the RAC.
You are proof that there is at least one RU fan that doesn't feel this way. Actually, I guess we don't really have proof you are an RU fan.Um, not every RU fan feels this way. I wanted the RAC to be torn down and an entirely new arena to be built. It's an old, ugly, substandard facility. And comparing the RAC's history to a place like Assembly Hall is just laughable.
Why doesn't every B1G Ten school except Northwestern and Rutgers share your viewpoint of having a basketball arena with less than 10,000 seats ?Seating and parking are the best way to generate income.Boxes for college basketball is suspect at best. Be like Duke!! Be the Palestra!
That one came out nice as ballparks go.See what Baylor just did?
I liked Northwestern’s renovation.
Ohio State fans hate where they play now and wish they still played at St.John.
Did you see the PSU atmosphere at the Palestra as opposed to the morgue that is Bryce Jordan.
So boxes for college hoops are suspect. It’s not a four hour event that college football is.
Duke and Kansas are what all arenas aspire to be.
UNC is mocked as a wine & cheese crowd and have no where near the atmosphere they should have.
Other Universities would kill for the atmosphere that RU has.
So I am not convinced at all of the necessity of boxes and are petrified we will ruin a great home court advantage.
MSG isn’t better. Met Life isn’t better than Giants Stadium. Yankee Stadium and CitiField is sad when nobody sits behind home plate.
118 isn’t packed and is devoid of passion.
We need atmosphere.