Plus, Cyclonepride yesterday said something I thought was true – more money doesn’t help Texas nearly as much as more money helps us. They already spend more than anybody and get pretty much any kid they want. We are now part of what is probably the premier basketball league in the country and a pretty dang good football conference. I’m one that prefers the chance to do something great in a great conference than the alternative.
SPOT ON BRYCE - as always....
I looked this up last night.....check out these numbers....
Texas in 2009 had a football revenue of 87 million dollars, their football budget was 22 million. Alls this deal does is put them in line with the other big wigs of college football and their additional revenue dwarfs that of any of the top 5.....Texas is the single handed big dog when it comes to money - another 10-15 million will do more to help additional sports then football, they already spend whatever they want!!!!
As compared to ISU - 7-10 million dollars additional could go a long way....thought about this on the way to work....
So, last year as i recall, we got around 7 million, so we take an additional 2 million and now we meet what the BOR had requested that ISU Athletics not be using the general fund to fund our sports....ironically, i think they made this request only because they already knew Iowa met this and it would be something they could continue to hold over the heads of every Cyclone when it comes to funding requests....thats over....
So that leaves between 5-8 million leftover....for isu to seriously compete in football, the highest revenue generator of American Athletics, they have to invest in the future.
First, update our current facilities to include locker rooms, players areas and the weight room - it has to be state of the art. Weight rooms are major - MAJOR recruiting tools!!!
Secondly, invest in the stadium and the future by adding the bowled-in south end zone.....this would get our seating capacity up around 65-70 K. This is where JP has to realize, if the stadium is 3/4 funded by these tv funds, it will be paid off in under 10 years without considering any additional revenue generated by a larger stadium. It makes us a more appealing team should something happen to the Big 12 down the road, and begin to equal our brothers to the east...But, its important to fill that stadium. The plan would be to lower ticket costs to get the stadium full every week. Over the same period if the product on the field improves as many of us believe it will, its an investment on creating a larger fan base at the games, which is good not just for ISU football, but, generates a lot of stadium revenue as well as local revenue for the community. Then slowly increase ticket prices as the product on the field warrants and ticket demands increase....
I agree with a lot of the posters, ISU athletics will never know how close they came to being on the outside looking in, but, we all believe this is a huge asset for our athletic program. As far as playing the big boys every year, so what, until we can compete with them on the field, we will never get any respect because Texas is everybodys daddy when it comes to money......
Money dont buy success - just ask Norte Dame, USC (before Carrol), Miami, FSU....they have all had down turns while still being funded like some NFL teams!!!!!