But the 500-1000 demographic is potentially (and needs to be) in the thousands.Anybody have a football program handy? IIRC there are a lot.
Seat licenses should happen in Hilton imo
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But the 500-1000 demographic is potentially (and needs to be) in the thousands.Anybody have a football program handy? IIRC there are a lot.
But the 500-1000 demographic is potentially (and needs to be) in the thousands.
Seat licenses should happen in Hilton imo
No question there are more in the lower levels, but the athletic department has made clear indications to donors that those are expected to be an entrance to higher levels of giving over time. The AllIn campaign, and historical efforts to get donors to increase giving by 10% annually are meant to say if you aren't increasing your donation, you are going to be left behind in terms of benefits.
This is a great time to be a Cyclone and these are GREAT problems to have.
Tough for many with families to sustain 10% increases every year when that greatly outpaces inflation and many people haven't had a single year in the past 7 when their supposed cost of living increase has even matched inflation. I realize the program has to move forward, however do so knowing there will be many left behind.
Neat, but that is not what I was saying. I am saying if you have to choose losing (alienating) a population of 25,000 (potential) donors of the $500-$1000 level or the 200 $12.5k donors, you would not choose to lose the former.No question there are more in the lower levels, but the athletic department has made clear indications to donors that those are expected to be an entrance to higher levels of giving over time. The AllIn campaign, and historical efforts to get donors to increase giving by 10% annually are meant to say if you aren't increasing your donation, you are going to be left behind in terms of benefits.
This is a great time to be a Cyclone and these are GREAT problems to have.
I won't be surprised if the corner seats get raised again. I hope they'd require donation first though. Maybe make them the entry donor level. They've raised the prices for them each year with Fred (which is good), but I don't think they can go much higher with out running into the 'we can't afford it' price range. Maybe there are enough bandwagon fans to make up for that....but I would hate to not be able to go anymore.
There is 0% chance that we will add suites to Hilton. It's just not practical to retrofit the arena. Reseating Hilton is only about giving higher donors an opportunity to get better seats. Based on current rules, there is a high likelihood that someone could be giving $500 - $1,000 per year and sitting in prime lower level center court seats. I know of recent basketball ticket holders that give at the $12,500 level and sit in the lower level corner behind the baseline. Not terrible seats, but not anywhere near what their donation level would qualify them for.
It's nice that ISU lets donors sit in the same seats for eternity, but by doing so they miss out on millions of dollars of revenue. With the level of excitement in ISU basketball at a decade-plus high, and people paying $500 and up for a single ticket to see KU this season, there is no better time for the athletic department to capture more of that revenue.
The risk is that you alienate a large portion of your fanbase, but it takes far more $500-$1,000 donors to make up for the very few that can afford a $12,500 annual donation. Let's be honest, this is a business and Pollard has to make the right business decision here. I would expect that once this is announced, donors will respond to the challenge. I also think JP has done a great job at keeping affordable options available to fans. Those season tickets in the upper corners will still be around, but instead of $99 they will be $129 or $149. That is still a bargain, and with KU coming to town every year any season ticket holder can likely sell their ticket for nearly the full cost of season tickets.
Agree, Velo. But if you are looking at it purely from a financial standpoint you can easily sell tickets to one or two big games in football and basketball to cover most of the costs of tickets and donation. It sort of defeats the point of being a fan, but if it's about dollars and cents there are ways to make it more approachable. Some lower level tickets to KU were going for the cost of an ENTIRE season ticket package. Same with Michigan. ISU MBB tickets turned to gold this season. Football had a tough end of the season, but early games were hot tickets. When you factor in the tax deduction for the donation and if you could sell tickets to a few big games I would venture to guess that the total cost is within reach for most.
Now see, this is a theory that I don't understand. If I buy season tickets, it's because I want to see ALL the games, especially the GOOD ones. Why would I buy season tickets just to give up the best games? I might as well watch on TV.
And if you just watched on tv why spend the money anyway. I never understood selling tickets unless you can't go, but I go to see the games and to cheer in person.
With increased costs and such, I'm considering buying a second set of tickets that I'd sell most of to try and bring my cost to attend down. Of course it's a risk/reward thing, if the season tanked unexpectedly you might not be able to recoup the cost.
This is not a bad idea, but will there be a second set available? That will be interesting to see. I am guessing there will be a crazy high renewal rate.