CR Gazette: ISU AD facing potential $147M deficit by 2031 with direct to player payments
- Thread starter ISUCyclones2015
- Start date
They certainly don't need to be charging more just so some athletes can make hundreds of thousands if not millions of dollars. Student fees have existed, but they are often a direct subsidy for things like free or discounted tickets, and the value is comparable. Not just covering a new expense by putting it on the students' backs.
Especially not in an era where more and more of a burden is already put on students and students are having massive debt piled upon them.
Honestly insane anyone would think its a good idea.
And look at what each inherited. Think about that. Campbell inherited a wreck of a program, and Ferentz sailed in in the coattails of the coach who shall remain nameless. Whose stock is higher?
And Ferentz includes the Big 10 West. Half of the Big 10 West couldn't beat Toledo.
It’s not insane at all. Plenty of schools do it. The thing is, there’s not one single thing that is going to fix the problem. It has to be many things. Charge the students $50 a semester, advocate to the legislature to tax gambling, add a couple of dollars to single game tickets, sell alcohol, have the city of Ames charge a hotel tax, up the prices for parking passes.
This has to be an all hands on deck situation. Pretty much everyone is going to feel it. Unfortunately, the alternative is not offering full rev share and that is recruiting suicide.
Ah, Ok.....chuckle. I thought he was referring to Campbell, however, Maine did ring a faint bell!
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To be fair, Iowa was a disaster when Ferentz took over. Iowa waited way to long to force Hayden out. They were 0-12 Kirk’s first year I believe. Not married enough to thst 0-12 to look it up.
1-10 actually.
And he took over coming off Fry's worst season in 20 years as Iowa's coach. 3-8 in 1998.
That’s quite the list.
Perhaps the football program can justify some of these by “reaching out” to the fans more?
For example, both Minnesota and Nebraska have their “Fan Day” next Saturday. Free to the public, fans can get pictures with players, autographs, and oh there’s an open practice fans can watch.
Iowa’s Kid’s Day is Aug 10, I believe.
Iowa State does squat.
Where have u lived and worked?
Exact opposite impressive I have received.
Just curious.
Think a lot less money raised for the Foundation.
Tenn and Florida state legislatures have already passed laws supporting this by allocating and additional $21 million. More to follow.
I feel like these conversations are like when people would would write white papers on why they would never give to WeWill.
Get in or get out.
6,000 people give to WeWill?
Agree about the importance of athletic success to a university’s overall financial/academic health.
Northwestern realized it when Gary Barnett got their football program rolling in the mid-nineties. Academic giving went up; enrollment of elite students went up as many picked NW over Harvard, Yale, Princeton etc. because of the excitement of big time football.
If I were a university president, where the job is 95% fundraising anyway, I’d do everything I could to produce success in the major sports.
Great points and I agree. This next hire for our president is huge and important.
Not if you do the research. I mean I dont know exactly what you call premium access, and I dont know if you are talking straight tickets or donation etc. But we are near the top in both prices and donations in the P4. And places like KSU who you would think is a similar school is quite a bit lower than us. ISUs top donor level requirements for top access is far higher than many schools, and our ticket prices are higher pretty much from entry level to top premium level, in most cases as well. Take gold level donor seats, in most cases you will be able to buy similar seats for around $100 average. Sometimes a little more sometimes a little less. with fees around $150. At that rate it takes 5 games just to cover the face value of the season ticket, and hasnt even dented the donation cost yet, and the only premium feature you get at the gold level, which is now Minimum $1800, is access to purchase parking. Keep in mind Gold level is no longer enough for RV parking, JT club, or any other premium spaces etc outside the end zone club which now requires at least cardinal.
Spend some time looking around at schools you will be shocked. You know if we were one of the cheaper ones JP would be sharing those comparisons to show how much of a deal we were getting, constantly. Instead you never see anything like that from him. Because he knows we are one of the highest price tickets around.
I feel ISUs costs for a long time have been pushed on the regular fans. Where other places have put those expenses on sponsor deals, media deals, high rollers and mega donors. It has worked ok for a long time, but it is starting to price out the regular fans, and it has now become more cost efficient to not buy season tickets, in many cases.
Now they want us to pay the players too, its out of control, these kids get free everything and now they want to make millions, on top of it, out of we fans pockets, that is not how it was supposed to work, if you are a good player, you are supposed to get a business to pay you for you NIL in a deal for advertisements etc. not what we have now. The revenue sharing was supposed to be a share of the schools revenue, which would be dependent on said revenue, not a set amount for a school making it the same for a school making $40M as a school making $140M. Its ridiculous, its insane, and its ruining college sports.
