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Post by JSUSoutherner on Sept 25, 2021 5:31:15 GMT -6
Where are all these extra people going to come from? If we expand to 30k seats, we will be a half empty stadium. I know you guys think that we have 20k people in the stands every week, but it's really more like 12-15 on a good day. Ah. A thinker.
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Post by Deleted on Sept 25, 2021 6:26:59 GMT -6
Nationally ranked Coastal Carolina this year with two home games:
16,236 17,297
Liberty: 15834 18471
The move to FBS did absolutely nothing for attendance for these schools.
App State has slowly built their numbers up but they also have the championships to show for it.
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Post by JSUSoutherner on Sept 25, 2021 6:42:28 GMT -6
Nationally ranked Coastal Carolina this year with two home games: 16,236 17,297 Liberty: 15834 18471 The move to FBS did absolutely nothing for attendance for these schools. App State has slowly built their numbers up but they also have the championships to show for it. App State also built upward on top of a consistently great game day atmosphere. They made sure they were working with a quality product from the start and weren't measuring success by how many seats their stadium had. They were able to bring 35k to a game before they ever upped the "official" stadium capacity past 24k.
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Post by gemofthehills on Sept 25, 2021 7:37:04 GMT -6
Where will you expand if needed in the future?
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Post by gemofthehills on Sept 25, 2021 8:06:07 GMT -6
Nationally ranked Coastal Carolina this year with two home games: 16,236 17,297 Liberty: 15834 18471 The move to FBS did absolutely nothing for attendance for these schools. App State has slowly built their numbers up but they also have the championships to show for it. using your numbers above CCU attendance is close to double their FCS days.
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Post by JSUSoutherner on Sept 25, 2021 8:25:09 GMT -6
Where will you expand if needed in the future? The east end zone. If you really needed you could add a second tier like the home stands. Would probably put the stadium back closer to 26k (just a WAG). Truthfully I don't think the maximum theoretical capacity of the current stadium footprint is much over 30k. So your missing out on maybe 6000 (again, completely speculation) seats if you made everything just general admission, in theory. My understanding though is the new field house and the back sideline will have more premium/club style areas though so the lower capacity will be offset by the price of the seating being higher. Which will make us more money than just cramming as many GA seats as we can into the place.
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Post by JSUSoutherner on Sept 25, 2021 8:40:44 GMT -6
For shiggles I'm going to do some very speculative math:
Let's run 2 scenarios:
1.) Assuming our current stadium configuration and a good average GameDay crowd. Say 22000 total with 2000 in club style seats at $60 and the remaining 20,000 in $15 GA seating.
2.) A new smaller crowd capped at 21500 in the new stadium, but demand has increased the price of a GA ticket from $15 to $20 and the price of a club seat from $60 to $70. 3500 in club. 18000 in GA.
1.) GA would be 15x20k which is $300k Club would be 60x2000 which is $120k
Totaling $420k in ticket sales on an average GameDay not including concessions. FSU just paid us $450k to buy a game, so I'm going to guess my math here isn't too far off.
2.) GA would be 20x18k which is $360k Club would be 70x3500 which is $245k. Total w/o concessions: $605k
So in my scenario where prices go up slightly and you replace a small amount of GA seating with premium seating the university is making literally hundreds of thousands per game more. If I'm off by 40% it's still 6-figures more, per game.
And that, my friends, is why capacity is decreasing.
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Post by Cleburneslim on Sept 25, 2021 8:43:52 GMT -6
It amazes me that people would argue so hard that it's a good idea to permanently seal off any growth.
It's genius that raising prices raise revenue, however that's true today and it's true if you have 30k seats. The 15 to 20k who attend now will pay more to attend right now, without having done anything. This is a seperate issue that should be addressed. Properly valuing your product. I call it the Walmart plan. You can either sell as many tickets as you can by being the cheapest game in town or you can limit capacity an gouge those who feel they must pay.
Limited capacity limits the amount you can ever make. At some point enough people are not coming that you cannot raises prices anymore without losing money. The other plan leaves the possibility open to make more and raise prices to the point that optimizes profit.
People will only pay so much to attend. JSU is not uat and it's not the NFL. So that amount is a whole lot smaller.
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Post by JSUSoutherner on Sept 25, 2021 8:48:28 GMT -6
It amazes me that people would argue so hard that it's a good idea to permanently seal off any growth. I know right? How crazy a concept for people to try to support their opinion with logic and reasoning. Especially in this day and age.
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Post by gemofthehills on Sept 25, 2021 8:55:56 GMT -6
Where will you expand if needed in the future? The east end zone. If you really needed you could add a second tier like the home stands. Would probably put the stadium back closer to 26k (just a WAG). Truthfully I don't think the maximum theoretical capacity of the current stadium footprint is much over 30k. So your missing out on maybe 6000 (again, completely speculation) seats if you made everything just general admission, in theory. My understanding though is the new field house and the back sideline will have more premium/club style areas though so the lower capacity will be offset by the price of the seating being higher. Which will make us more money than just cramming as many GA seats as we can into the place. I thought a parking deck was to be constructed behind the East endzone? Maybe it and the fieldhouse will be move back enough to allow expansion if needed. If a FBS invite comes during this round will the plans change?
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Post by JSUSoutherner on Sept 25, 2021 9:00:18 GMT -6
The east end zone. If you really needed you could add a second tier like the home stands. Would probably put the stadium back closer to 26k (just a WAG). Truthfully I don't think the maximum theoretical capacity of the current stadium footprint is much over 30k. So your missing out on maybe 6000 (again, completely speculation) seats if you made everything just general admission, in theory. My understanding though is the new field house and the back sideline will have more premium/club style areas though so the lower capacity will be offset by the price of the seating being higher. Which will make us more money than just cramming as many GA seats as we can into the place. I thought a parking deck was to be constructed behind the East endzone? Maybe it and the fieldhouse will be move back enough to allow expansion if needed. If a FBS invite comes during this round will the plans change? I admittedly hadn't heard anything about a parking deck but if the university puts a parking deck behind the east end zone and not between Mason and Curtiss, the president should be fired immediately because holy heck would that be dumb. Nobody wants to park over there besides on GameDay. Personally I don't think an FBS invite should change things, I'd bet dollars to donuts that the current plan was built with the FBS in mind.
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Post by JSUSoutherner on Sept 25, 2021 9:01:04 GMT -6
It amazes me that people would argue so hard that it's a good idea to permanently seal off any growth. It's genius that raising prices raise revenue, however that's true today and it's true if you have 30k seats. The 15 to 20k who attend now will pay more to attend right now, without having done anything. This is a seperate issue that should be addressed. Properly valuing your product. I call it the Walmart plan. You can either sell as many tickets as you can by being the cheapest game in town or you can limit capacity an gouge those who feel they must pay. Limited capacity limits the amount you can ever make. At some point enough people are not coming that you cannot raises prices anymore without losing money. The other plan leaves the possibility open to make more and raise prices to the point that optimizes profit. People will only pay so much to attend. JSU is not uat and it's not the NFL. So that amount is a whole lot smaller. Please tell me I'm misunderstanding and you aren't actually telling me that we should model our growth plan off Walmart.
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Post by Cleburneslim on Sept 25, 2021 9:04:13 GMT -6
College football is changing and we need to position ourselves for that change. The states goal of the asun was to go fbs. I don't believe JSU would join a conference that was gonna leave them behind in a gutted conference in 5 to 10 years.
The rope conferences are currently positioning themselves to leave behind the g5. We will be in that group not now but when it all happens. The current trend of building to super conferences is that thing.
Will we move with a small unexpandable stadium shouldn't we position ourselves for the future.
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Post by JSUSoutherner on Sept 25, 2021 9:06:24 GMT -6
College football is changing and we need to position ourselves for that change. The states goal of the asun was to go fbs. I don't believe JSU would join a conference that was gonna leave them behind in a gutted conference in 5 to 10 years. The rope conferences are currently positioning themselves to leave behind the g5. We will be in that group not now but when it all happens. The current trend of building to super conferences is that thing. Will we move with a small unexpandable stadium shouldn't we position ourselves for the future. Let me ask you this, you've said UAB isn't the role model. Successful organizations like the SEC and the NFL are not the role model. Who is? Give me an example of someone who has done what you are suggesting and had it work.
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Post by Cleburneslim on Sept 25, 2021 9:09:13 GMT -6
It amazes me that people would argue so hard that it's a good idea to permanently seal off any growth. It's genius that raising prices raise revenue, however that's true today and it's true if you have 30k seats. The 15 to 20k who attend now will pay more to attend right now, without having done anything. This is a seperate issue that should be addressed. Properly valuing your product. I call it the Walmart plan. You can either sell as many tickets as you can by being the cheapest game in town or you can limit capacity an gouge those who feel they must pay. Limited capacity limits the amount you can ever make. At some point enough people are not coming that you cannot raises prices anymore without losing money. The other plan leaves the possibility open to make more and raise prices to the point that optimizes profit. People will only pay so much to attend. JSU is not uat and it's not the NFL. So that amount is a whole lot smaller. Please tell me I'm misunderstanding and you aren't actually telling me that we should model our growth plan off Walmart. Of course not. But Walmart knows how to optimize profit, they don't build tiny buildings and and rely on rising prices to increase profit. I'd say it has worked very well for them. I suppose you wouldn't remember a world before Walmart. On the other hand seats offered quality products at much higher prices. Which would you rather be.
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