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Arles · 05-09-2012, 05:07 PM

Most stadium's are largely subsidized by private money (ie, donations) even though the private parties rarely see any of the future ticket revenues from it. Essentially, in college sports, the boosters/alumni are the "public" and the school is the "greedy owner" in parallel to professional sports stadiums.

If someone agrees to subsidize 70-100% of a new stadium for you (both Arizona and Oregon's were built with 100% private donations), why wouldn't you take that and then use that to charge higher/more tickets? Plus, the improved facilities help recruiting, which improves your team (in theory) and helps win you more games which helps generate money (bowl revenue, merchandising, additional tickets/suites,...).

The current process of the private subsidizing major college arenas/stadiums is one of the biggest boondoggle cash windfalls that universities have. Even if they have to add $5-$10 mil in bond money to finish it, a majority is paid by donors/alumni. It's like getting a $5 million house for a $50K mortgage then bitching about the interest rate on the loan.

05-09-2012, 05:07 PM	#107
Arles Grey Dog Software Join Date: Nov 2000 Location: Phoenix, AZ by way of Belleville, IL	Most stadium's are largely subsidized by private money (ie, donations) even though the private parties rarely see any of the future ticket revenues from it. Essentially, in college sports, the boosters/alumni are the "public" and the school is the "greedy owner" in parallel to professional sports stadiums. If someone agrees to subsidize 70-100% of a new stadium for you (both Arizona and Oregon's were built with 100% private donations), why wouldn't you take that and then use that to charge higher/more tickets? Plus, the improved facilities help recruiting, which improves your team (in theory) and helps win you more games which helps generate money (bowl revenue, merchandising, additional tickets/suites,...). The current process of the private subsidizing major college arenas/stadiums is one of the biggest boondoggle cash windfalls that universities have. Even if they have to add $5-$10 mil in bond money to finish it, a majority is paid by donors/alumni. It's like getting a $5 million house for a $50K mortgage then bitching about the interest rate on the loan. __________________ Developer of Bowl Bound College Football http://www.greydogsoftware.com Last edited by Arles : 05-09-2012 at 05:20 PM.