The economic cost to the University with a poorly performing basketball team

dirtyninety

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Oct 6, 2012
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Be careful, though. Ticket prices are up, so you would naturally assume deaths from being tangled in bedsheets is also in the ride.

number-of-people-who-died-by-becoming-tangled-in-their-bedsheets_money-spent-on-admission-to-spectator-sports-us.png


Sweet dreams!

Jeffrey Epstein did not tangle himself in his bedsheets.
 

ArgentCy

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Jan 13, 2010
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Icecream.png


Clearly we need ice cream control.

It would cut down on the shark attacks, too.

Clearly crime is caused by seasonal warming.

Anyway that disaster last night is going to hurt the economic impact far more than our bball team. :rolleyes:
 
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aauummm

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Then there is the following statement by Bill McDonald, director of communications at Boston College’s Lynch School of Education:

He also observed that “in 1997, one year after revelations about gambling resulted in a coach’s resignation, 13 student-athlete suspensions, an investigation by the NCAA, and hundreds of embarrassing media reports, applications for admission came in at 16,455, virtually unchanged from the previous year. Two years later, when applications jumped by a record 17 percent to 19,746, the surge followed a 4-7 year for football.” Going further back in history, he reported that applications had increased 9 percent in 1978, a year when BC football had its worst year ever, with a 0-11 record.

Based upon the above data, one could postulate that having a winless season or a poor season would result in an increase in student enrollment and an economic gain for the university. A "reverse flutie effect"?
 
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Macloney

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EIClone

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I think the University will manage to survive.

But on another note, I have already heard the bartenders at KC Live are worried. They know how much we spend and tip. An early exit by ISU greatly reduces their incomes.
 
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BoxsterCy

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LOL - they did make the Final 4! BTW, I envy you since you have seen Bill Cane play for the Cyclones !!

Still some of my best sports memories are watching him play in the Old Armory. It was my introduction to attending college games. Cain averaged a double-double for his career. Magic stuff before we named it that. We would win at home and lose on the road, sorta like Johnny. Team was one good player away from being really good.

Also makes me feel old when I see that gray bearded Eric Heft at court-side. Watched him play freshman ball in the Armory back when freshman weren't eligible. Even with Hilton open they played their games in the old venue.
 
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BoxsterCy

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I think the University will manage to survive.

But on another note, I have already heard the bartenders at KC Live are worried. They know how much we spend and tip. An early exit by ISU greatly reduces their incomes.

This is the only legit doom and gloom economic forecast I've read on CF in all of these trash and troll threads. ;)

Somebody should be adjusting their beer orders, especially the Spud Light stuff.
 
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CloneAggie

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pubsonline?

Of course, they are world renowned for their statistical analysis of these types of things. That's why they provide all of their published research for free like other reputable sources.
They actually are world renowned for research using analytics. Marketing Science and Management Science are two of the top journals worldwide in business school academia. They are published by INFORMS (pubsonline.informs.org). INFORMS is "the world’s largest professional association dedicated to and promoting best practices and advances in operations research, management science, and analytics to improve operational processes, decision-making, and outcomes." (https://www.informs.org/Discover)

You asked for sources. I don't care if you believe the research or not (I'm not the OP), but the research is there, and the journals they are published in are the cream of the crop in business academia. You can get versions of the papers from the author's web page, who is an associate professor of marketing at Harvard (PhD in management from Yale).
 

aauummm

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Still some of my best sports memories are watching him play in the Old Armory. It was my introduction to attending college games. Cain averaged a double-double for his career. Magic stuff before we named it that. We would win at home and lose on the road, sorta like Johnny. Team was one good player away from being really good.

Also makes me feel old when I see that gray bearded Eric Heft at court-side. Watched him play freshman ball in the Armory back when freshman weren't eligible. Even with Hilton open they played their games in the old venue.
I was lucky enough to get to watch both Don Smith and Bill Cain play together at the same time (1967-68) at the old Armory. Loved the steel bleachers and walkways. We could produce some real "Armory Magic"! Even with those two playing we finished 12-13, 8-6.

By the way, the next year we had an enrollment increase of 7.4%. This must have been due to our dismal showing in basketball (12-13) and football (2-6-2). The reverse flutie effect in action?
 
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