What if the B10 offers to accelerate our payments during our transition period if we allow them to choose 1 game per season for the next 5 years to move to Met Life Stadium? Is it worth it to RU to earn another 3+ mill a year?
Ohio State Game Income-Rutgers Stadium or The Meadowlands ?
- Thread starter HeavenUniv.
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What if the B10 offers to accelerate our payments during our transition period if we allow them to choose 1 game per season for the next 5 years to move to Met Life Stadium? Is it worth it to RU to earn another 3+ mill a year?
Why would the B10 accelerate our payments for moving a game to MetLife? It makes zero difference to them if we play at MetLife. Them accelerating our payments for that makes as much sense as your boss giving you a $10,000 raise for painting your living room blue.
Not sure if you consider them free ....the athletic department receives a hefty sum from student fees to cover tickets....very few schools give tickets away. PSU has a lottery and then you pay . ND guarantees each student a season ticket (non transferable ) and they pay half price. Half price for the Texas and USC games is 62.50. ND charges the same amount for every seat in the building
Thanks Cofifa - interesting that ND charges the same for every seat in the building. I guess they can do this because they can make their money by bullying follow conference members, demanding away games be played at neutral sites where they can yank half the proceeds.
Well since you don't know how RU does it your argument is off. Also, subsidy or not it doesn't pertain to the discussion which is why OP eliminated 10k from paid attendance.
Screw that, real college football is played in baseball stadiums! - Former Big East Commissioner
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We are pretty much at the limit for the required donations for football seats & lots, imho......other universities get better support from non season ticket holders, general alumni.......hopefully as our program grows in the big 10 we get more support there.
To fill existing seats, we have to win consistently. To win consistently, we need to keep more of Jerseys best home. To keep more of jerseys best home, we need better facilities. To get new facilities we need to fundraise because we have enough debt from the last stadium expansion. If we can fundraise the entire amount, then there's no need to play in The Meadowlands. Maybe you can write a big check RUich.
But since that is unlikely, we have to consider any proposal if the opportunity presents itself. Playing 3 games over the next 3 years for an incremental amount of at least $10 million, is not an insignificant amount.
Maryland is doing something similar to help their AD raise funds, playing PSU at M&T stadium.
Once their new facility is up, they are going to leave us in the dust, if we don't respond with a new facility.
Look at the numbers:
RU home game on campus -
42,000 tickets at an avg price of say $50 is $2.1 mil (10k seats go to students).
10,000 cars parked at $20 each is $200k
42,000 fans spending about $10 each on food and drink is $420k
Required seat donations - not sure if this can br broken down but if we have 6 campus games and not 7 it may lead to lower donations.
Total is about $2.7 to 3 mil for a home game (revenue)
For a Met Life Stadium game you would need to get $3.5 mil or more
82,000 seats at $50 each is $4.1 mil (it is really 72,000 seats plus 10,000 free student seats so an avg of $57 a ticket)
82,000 fans spending about $10 each is $820k
20,000 cars at $30 each is $600k
Total is about $5.5 mil based on a sell out
if only 60-65 k seats are sold then you are in the $4-4.5 mil range
Does anyone know if when you play a game at Metlife do they hand over to the home team all of parking and concession money?
RU home game on campus -
42,000 tickets at an avg price of say $50 is $2.1 mil (10k seats go to students).
10,000 cars parked at $20 each is $200k
42,000 fans spending about $10 each on food and drink is $420k
Required seat donations - not sure if this can br broken down but if we have 6 campus games and not 7 it may lead to lower donations.
Total is about $2.7 to 3 mil for a home game (revenue)
For a Met Life Stadium game you would need to get $3.5 mil or more
82,000 seats at $50 each is $4.1 mil (it is really 72,000 seats plus 10,000 free student seats so an avg of $57 a ticket)
82,000 fans spending about $10 each is $820k
20,000 cars at $30 each is $600k
Total is about $5.5 mil based on a sell out
if only 60-65 k seats are sold then you are in the $4-4.5 mil range
Does anyone know if when you play a game at Metlife do they hand over to the home team all of parking and concession money?
I think your parking numbers are off for RU. All spots on Busch campus are at least $30.
As for your question, I believe RU got an appearance fee of $2.7 million for the Army game in 2010. The Meadowlands ket all the ticket, parking and concession revenue
Local shill
Could be wrong...but I thought it was a $3.2 million offer...and we took it bexause it was a million more than a typical home gate at that time
Could be wrong...but I thought it was a $3.2 million offer...and we took it bexause it was a million more than a typical home gate at that time
If it is Michigan or Ohio St it allows those schools to host some of their NYC alumni. If the game is at Rutgers Stadium they get about 3500 seats. At Met Life they may get 10000-15000 tickets plus some of the luxury boxes. It can turn into a multi-million dollar fundraising opportunity for those schools. It only works for schools with large NYC alumni bases that are more than 5 hours away (driving wise) meaning the NYC alumni don't go to their alma mater's games often.
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Agree....I figure parking guess is low, but the food guess a bit high....the overall figure might be close
syracuse was paid at least 4.7 million to play at metlife against Notre Dame. That kind of coin is hard to turn down.
http://www.syracuse.com/orangefootb...life_game_will_bring_in_more_than_47_mil.html
http://www.syracuse.com/orangefootb...life_game_will_bring_in_more_than_47_mil.html
This article has the $2.7 million figure.
http://www.nj.com/rutgersfootball/index.ssf/2010/10/tom_savage_will_be_rutgers_bac.html
Exactly.
Which is what I said before in the thread....it really has to make us $$$ for it even to be considered.
How about we get all the season ticket holders who owe a thousand dollar fine to EZPass to pay before we focus on getting the rest of us to pay a thousand dollar fine to facilities.
Yes it has. Coach Schiano refused to play these games. He was right! Imagine playing Louisville in 06 at MetLife. We probably would have lost.
Thats the wrong way of looking at it. Its not a fine. Its an investment in Rutgers Footballs success. An investment which Michigan, Ohio State, PSU, and others are making in their football programs.
No - we would have had an even bigger HFA. Louisville is actually the perfect scenario for that (if you could have known ahead of time how the season would go.) Huge game with lots of demand from RU fans, but not much from Louisville fans (they are not a huge travelling fan base). At the time we could have probably gotten 60,000+ for the game instead of 45,000.
This is why I said the only way we could really pull it off without hurting ourselves would be playing Michigan ina year when we had PSU at home as well, plus we an Michigan we good. Michigan has alot of fans - but its not PSU level - so RU would still vastly outnumber them. And since we have PSU at home, there would still be a big demand for season tickets.
SO I say - if that situation ever comes up - and we can make a good chunk more by doing it - then go for it.
Not its not. Its a price that OSU, Michigan, and PSU fans are willing to pay to see what over time has been a winning product, at the highest levels. They arent investing, they are purchasing.
I don't think they would or should do this, but it would certainly sell out for OSU. Unfortunately for Rutgers, the crowd would be close to 50/50. Not worth it
OSU fans have been investing in their program for many years. Ohio stadium was built in 1922 at a cost of 1.3 million, which was entirely fundraised. Ohio fans donate above and beyond whats required to maintain their seats. Les Wexner is but one of them.
8. Ohio State: Les Wexner
Wexner is the former CEO of L Brands (which includes Victoria's Secret) and has owned and sold several other retail outlets in his career. The bra baron is worth $6 billion, making him the richest man in Ohio, and Ohio State's deepest-pocketed booster. He gave $100 million to the school in 2011—the largest gift in its history—and the football team's complex is named for him. An ESPN profile of former OSU prez Gordon Gee mentions he had two letters from Wexner on his desk, including one that read: "BEAT Michigan, not mimic Michigan." Wexner has given several million dollars to Republicans, including former California Gov. Arnold Schwarzenegger.
And when at least 1/2 to 2/3 of the people refuse to renew at YOUR prices, what then? Rutgers would be worse off than before.
Come on Al. Come back to the real for a change. No one is going to accept a 233% price increase no matter what the cause is that'd support.
i'm not saying RU should raise seat donations. I'm saying this is what RU needs to get funds to build a permanent football facility. You'd hope that people would give voluntarily, rather than being forced to do so via a mandatory seat donation.
And no one paying $50, $150, or $250 is going to stand for a $1,000 donation level. It ain't happening.
Just about every program that gets big money for facilities, get it through an "Angel" or in many cases a whole group of "Angels". A few really step up like Steinbrenner before his passing at OSU, the Sabres owner at PSU, and Knight at Oregon. It doesn't just come on the backs of a fanbase, especially one as small and fragile as RU's.
Wow,this thread is still going. This might break the record set by my post about Rutgers capri pants.
In a funny way, playing XX team at the Meadowlands is about as puke-invoking as Rutgers capri pants.
1,000/season ticket is a rough estimate of the need. it doesn't have to be raised in one shot, it can be done in installments ie 333/year.
This illustrates why we will likely have to look at playing games off campus, as we are unlikely to raise all the money we need via alumni donations. And I'm not counting on a Rutgers angel stepping up, as there's probably a better chance of the great pumpkin showing up on my doorstep.
either we raise the money, or we accept sixth place in the big ten, behind OSU, Mich, Maryland, PSU, MSU. the minimum season ticket donation at OSU is $1,500. And this is something that their fans give yearly. Recruits see this difference in the facilities they have and the caliber of coaches they hire.
We should just make season tickets $30 million each. All we need is one sucker willing to buy 4 and the facilities upgrades are paid for.
So all this nonsense is a way to once again bring up your obsession with the Meadowlands? All you've done is give it a new reason. It's still a stupid idea Al, no matter what the flavor of the week excuse happens to be. Any payday RU would get that exceeds what they make at HPSS would be an insignificant drop in the bucket but you're smart enough to know that ahead of time.
That might be good for OSU and Michigan alumni. But the Big Ten Conference doesn't care. The Big Ten prides itself that all schools are equal, whether you are Ohio State or Northwestern. The other 11 schools in the conference have no incentive to give more money to accommodate OSU and UM alumni.
And quite honestly, it isn't worth it to OSU or UM either. They get 3000 tickets already, and they can auction them off to the alumni who donate the most. For smaller donors they can have a gamewatch party and encourage them to donate more for next time.
I think that some of you really don't understand what Rutgers is selling. Premium seating, mandatory seat gifts, premium parking based on a blind lottery of priority points accrued. Our fans assign value to these things and pay for them. Moving a game to MetLife disenfranchises all of them to some extent.
Going forward, with no FCS game, we will likely schedule more home & homes, which means more 6-game home slates. Giving one up to be assigned inferior seating in a stadium 30 miles away, while dealing with an unknown parking location, and losing the general atmosphere of HPSS does nothing to sell these things.
Going forward, with no FCS game, we will likely schedule more home & homes, which means more 6-game home slates. Giving one up to be assigned inferior seating in a stadium 30 miles away, while dealing with an unknown parking location, and losing the general atmosphere of HPSS does nothing to sell these things.
I didn't start this thread, and it doesn't change the fact that if Metlife shows us enough money, it will be done.
I think it would need to be an incremental $2 Million, which isn't insignificant, when Rutgers Football donations are around $8-$10 Million dollars a year.
Like I said before, if someone steps up and writes the big check, we'll never have to leave Rutgers Stadium. But until that happens, we have to consider every avenue to fund our facilities improvements, because they sure aren't going to fund themselves.
As the great TV philosopher George Constanza once said: "Its not a lie if you believe it."
Again, even with a possible increase from one game by moving a home game to Metlife, may not make up for loss of season tix sales, sponsorship, booster donations, etc....by taking the biggest home game of the season off-campus.
Hard to sell suites, club seats, season tix, raise millions in booster donations, maintain stadium sponsorship, etc...if you take the biggest home game away from campus.
