You can't take money I earmarked for a construction project and give it to a player. It's not legal. You can't take money I earmark for something and give the University President a bonus.
Questions About Stadium and NIL
- Thread starter Husker.Wed.
- Start date
Yes you are correct. However, it begs the question as to why the boosters are willing to spend so much on stadium construction and so little to fund the NIL program?
You don’t say?
The athletic dept needs to back off its fundraising and quietly redirect those willing to donate to NIL and boosters need to realize that if they are interested in having a team that isn’t a complete embarrassment they need to redirect their giving
Or we need to start ignoring this stupid shit. College sports is a farce now.
FUND the NIL program???!!! NIL is supposed to be players going out and selling their NIL to businesses. It's not so that schools can launder booster money to players as if the money came from the advertising dollars from businesses. I'd me mad as hell if I donated money for an athletic construction project and they just gave the money to some incoming freshmen and say it was from the No, Shit, and Sherlock personal injury law firm for his image on a billboard.
There's an easy solution to all of this, but since the big schools want to buy players it's not going to happen. All they would have to do is forbid the Universities and their boosters from participating in these "deals" and make the kids go out and make their own deals. Schools or their boosters who are found colluding on NIL would face the same consequences as they did if they passed booster money to players in the past. Make these kids go out and make their own deals!
The stadium project is overdue. It was a crappy design to begin with when it was built. They did it as cheaply as they could. The new south stadium will actually increase revenue in the long run.
Do you mean the design of the South Stadium, or the design of the original 1923 Stadium?
Not if the product on the field continues to be one of the worst P5 teams in the country. I stand by my claim. Lean on business and corporate donors to give money to the NIL fund. And if that siphons off money for the stadium so be it.
I’m a fiscal conservative but I have enough exposure to large business enterprises to understand the logic that goes in to projects like this. NU football is a huge business enterprise and it has to keep updating its facilities. They tear down old casinos in Vegas to build new ones every year. They get rid of older somewhat functional buildings to build glitzier stuff with more creature comforts like restaurants and updated rooms.
One of the things mentioned was premium seating. Another was larger seating with backs. Concessions are HUGE revenue producers in the scheme of things and south stadium has virtually nothing. There will be premium luxury boxes like the new ones in east stadium that will produce much more revenue than the individual seats they replace.
This is a bold move but it’s also one that was widely asked for in the stake holder survey. The only feasible way to improve the restroom, concession and seating situation was to do this.
But pissing in a trough with 40 other dudes and being yelled at by blue hairs 4 rows behind you to sit down while DeJuan Groce breaks a punt return has been a tradition passed down from father to son for many generations. I guess all things come to an end...
I never minded that. It always allowed me to see how I compare to other guys and I mostly wasn't disappointed.
I'm as fiscally liberal as it comes and I think this project is about as stupid as it comes. There's no possible way this will ever generate enough revenue to replace revenue loss from 15,000 seats, let alone the half a billion up front in capital cost.
Wrong. As crazy as it sounds concessions account for almost as much as tickets. South Stadium as it stands sells a fraction of the concessions of East and West stadiums and you can’t easily get to those areas from South Stadium. Between an increase in concession sales and premium seating revenue it will easily exceed existing revenue. Seating was going to be reduced to accommodate the fatties anyway so that eliminated that as a roadblock. I have multiple friends who won’t go to games because of the seat size situation and they’re the kind of guys who spend their ticket price equivalent on concessions at pro baseball and football games.Beer sales will be coming.
Thank you. Its no wonder no one gave you a reaction, these people are too busy wading in insano world ushering in more madness while yelling "OMG it just is what it is get with the times boomer", not caring this is what destroys college football.
Also lmfao making this about the "fatties" when every single one of you who go to the games will enjoy your new bigger seats, you piss and moan bitches. Enjoy your new stadium and your beer, God knows you guys don't have self control enough to not get inebriated at any chance you can.
In addition to the increased concessions and additional Suites ($$$), Trev has talked about the addition contemplating Memorial Stadium generating revenue beyond 7 home football Saturdays, which could also be a major income boost depending on what that involves. Regardless, Trev is a strategic thinker and I don’t think he’s pitching this massive Stadium upgrade on a hope and prayer, but rather has a vision tangibly laid out for how this addition will more than pay for itself in the long term
Well you still have 15,000 less mouths to feed, maybe 5 to 10 thousand of those in South stadium itself. There's no way revenue is going to be made up in concessions. With the seating, you're still starting at a revenue deficit of 15,000 seats that you'd have to make up in premium seating. That's all just to keep up the same revenue that's already generated, let alone increasing it or paying back capital cost. There's no financial justification for this project whatsoever. The only justification it has is irrational exuberance.
We over expanded capacity when we did the the East stadium addition. We’re reducing capacity even if we didn’t replace south stadium. Wider seats are coming. The end result might be fewer GA seats but the money people pay for those luxury suites is ridiculous.
They’ve done the cost and revenue analysis and determined this is the best option. As much as I personally am fine with the way the south stadium is, I understand why they’re doing it. Concessions and climbing stairs aren’t a big deal for me. I might buy one Coke or bottle of water at a game.
