2025 Athletics Update
- Thread starter IcSyU
- Start date
Essentially the AD has been paying the sales tax on ticket sales for us. They are no longer doing this. Honestly the State Legislature should just make University Ticket sales sales tax exempt.
Right, I agree.
Again, I'm just saying that if we can cover the $20 million next year that's a big deal and makes swallowing the price increases a bit easier.
It really sucks that fans continue to have to bear the cost of the changing landscape of college sports. Bring asked to donate to WeWill, along with increasing the cost of a Cyclone Club membership, and increasing ticket prices at some point people will be priced out. But you can’t fault the AD for doing this because I’m not sure how else they can make up for the skyrocketing budget.
They absolutely are an easy thing to cut. We will find out.
Please help me - what is the alternative?
Unfortunately there will be people who have to seriously re-evaluate this against their budgets. There's no avoiding that when this is ultimately an entertainment product.
Also share the sentiment that I'd like to see them find new ways of generating revenue instead of just milking the existing donor base.
Maybe they can have Blum do some consulting? We Will came up with some creative ideas to make raising money for the collective more palatable for people.
Ultimately, however revenue/expenses shake out...Otz and Campbell take top priority.
Also share the sentiment that I'd like to see them find new ways of generating revenue instead of just milking the existing donor base.
Maybe they can have Blum do some consulting? We Will came up with some creative ideas to make raising money for the collective more palatable for people.
Ultimately, however revenue/expenses shake out...Otz and Campbell take top priority.
But fans have had to pay for the cost of this stuff forever. When coaching contracts started going way crazy 30 years ago, fans had to pay for that too.
I don't love that players are getting a ton of money. But I also think that OUR players---the Jaylin Noels, the Beau Freylers, the Tamin Lipseys, the Milan Momchilvics have brought me enough fun and joy that I want them to be compensated at a fair level.
Unfortunately there will be people who have to seriously re-evaluate this against their budgets. There's no avoiding that when this is ultimately an entertainment product.
Also share the sentiment that I'd like to see them find new ways of generating revenue instead of just milking the existing donor base.
Maybe they can have Blum do some consulting? We Will came up with some creative ideas to make raising money for the collective more palatable for people.
Ultimately, however revenue/expenses shake out...Otz and Campbell take top priority.
My guess is that these increases aren't making up the entire difference.
Has there been any discussion on how the athlete compensation will be handled by the AD? Is We Will going in house, or will it be lumped under the same umbrella with CC donations?
Living out of state CC donations for tickets/parking don't make sense for me, so I pivoted to donating to We Will.
Living out of state CC donations for tickets/parking don't make sense for me, so I pivoted to donating to We Will.
I really don’t want people dumping beer on me all game
Lidded cans. Cuts into margin but helps preserve fan experience and not having booze spilled on them.
Beer sales are maybe going to net you a bit over a million. Nobody is getting rich off beer sales. It’s more for fan experience
We have enough stupid fans, we don't need stupid and drunk fans.
I can point to many examples of these at the Pop Tart Bowl the other day.
And for all the ******** about losing people over the 7% increase, you are also going to lose people that don't want to be surrounded by a ton of drunk people.
Unfortunately there will be people who have to seriously re-evaluate this against their budgets. There's no avoiding that when this is ultimately an entertainment product.
Also share the sentiment that I'd like to see them find new ways of generating revenue instead of just milking the existing donor base.
Maybe they can have Blum do some consulting? We Will came up with some creative ideas to make raising money for the collective more palatable for people.
Ultimately, however revenue/expenses shake out...Otz and Campbell take top priority.
Our revenue growth is going to primarily come from the brand value of the Big12 through its media deals. The member schools need to show that we are valuable enough for media members to bid on our product.
Cytown is an avenue for revenue growth, as the revenues from that , I believe, are supposed to cover the costs of maintaining the Iowa State Center. My understanding is that these costs are coming out of the ADs budget now. So that revenue will be used to offset maintenance costs.
But not sure what else the AD can do to bring in more revenue and make a profit that they already aren’t involved in.
My guess is that we'll hear relatively soon about that. It seems pretty obvious that it will roll into the AD.
I think you will see more big concerts at Jack Trice. The George Strait concert netted an absolute pile of money this year
