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How much does it cost to run a game at Hilton... You pay $60,000, plus the cost of running the building.
Last night, the attendance was 10,000 and that was helped by season tickets. I'm guessing the CBI happens over spring break too, right? No students. How many you think go to that game. If you think 10,00, let's say the average ticket price was $25... That's only $25,000 in revenue. Parking is free. I know people love their Clone Cones, but is there enough generated in revenue to not lose money?
This isn't football where a homegame yields revenue of over a million.
Absolutely if we get the invite we take it. Its not the ncaa or nit, no way to argue that, but its better than nothing.
We'd still draw plenty to that game. It says 60,000 in guaranteed money, im guessing that means ticket revenues would go against that number? (and either they keep all ticket revenue or theres a revenue split on tix after the $60,000 is made) Id bet we'd clear that pretty easily.. even if it were $10 a ticket that's still only 6,000 fans that'd have to show up, not counting concessions revenue and such.
If you think 10,00, let's say the average ticket price was $25... That's only $25,000 in revenue.
Luckily I'm an accounting major, and assuming you meant to say 10,000 people at $25 average, that's not $25,000.
Umm... 10,000 x 25 = 250,000.
tickets would like 10 and 15 we'd probably break about even and it would still be worth it.
NNNNNNNNNNNNNNNNNNNNOOOOOOOOOOOOOOOOOOOOOOOOOOOO!!!!!!!!!!!!!!!!!!!!!!!!
Let the likes Coach McDermott and Iowa play in the CBI.
I honestly might not watch it on TV. Do you realize who we'd be playing? Some crappy team.
of course - no brainerLets face it. For all those that are too good for this tourney... we havent seen ANY postseason since 05. We're 12th in the big 12. We arent too good for anything right now. If they offer, and its not a money loser for us (i dont see how it would be) we do it.
One of those that doesnt bother to show up until conference season i take it?