CR Gazette: ISU AD facing potential $147M deficit by 2031 with direct to player payments

2speedy1

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You’re comparing apples to oranges. That’s all I’m trying to get through to you here. Feel free to PM me I don’t want to keep going back and forth on here.
JTS holds 65k
Hilton holds 15k

Thats 50K people at least, not enjoying your perk of getting both season tickets, even though its not a perk when you add up the required prices, and compare.
 

BCClone

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Not exactly sure.
It’s hard to make a larger donation when most of your alumni are in ag with sub $10 beans and sub $5 corn.

I will also say, that the AD hasn’t done much to encourage me to give more either- I’m a gold level CC member, and have gotten more benefits out of donating to We Will than I have ever gotten from the AD. The AD needs to at least try to reach out to the younger, smaller dollar donors and try to encourage more donations rather than just going to the Sukup well every time.
Ok, that likes to always be tossed around but it honestly isnt as big of a deal as it’s portrayed to be.
 

CascadeClone

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Ok and... you do at other places for that too, and most of the time less than what ISU is.

You act like the donation just comes with free tickets. No, you have to pay for the tickets that are multiple times more expensive. 12 tickets at ISU costs $5280 more at ISU than at OKst just for the tickets. 12 tickets at the highest none donor level at OKst is $1175 per ticket. So the required donor level for those tickets is, $14,100, which is almost $4K lower for the same donor level at ISU.

12 tickets 50 yard line at ISU:
$18,000 required donation
ticket $660 each
12 x $660 = $7920
$7920 + $18000 = $25,920

12 tickets 50yrd highest level at OKst:
required donation $1175 per ticket
Ticket $200 each
12 x 1175 = $14,100
12 x 200 = $2,400
$14,100 + $2,400 = $16,500

Every way you look at it, top to bottom ISU is far more expensive. Again, do some research and some simple math and you will see.

For those that say but you can get BB tix too, first that would still leave you almost $10k to purchase BB tickets before even covering the FB ticket cost at ISU. And those BB tickets at ISU are also not free so it would take even more just to even how expensive they are. Without looking I would guess OSUs high end BB tickets are cheaper than our $710 each tickets at that level, so it would just cause more of a gap in price.

And everyone says what about BB you can get them too, great, not everyone can go to all the BB games, and not everyone can afford those tickets after paying so much for FB tickets.

I get it, we are full of excuses, ISU was bad so we need to pay more, is really a hilarious take though.
That's $9k cheaper for FB.
But if you also want season bball tickets in that same elite seating area:
12 season tix at ISU = $8520 (you've already paid your directors level for FB)
12 season tix at OSU = $27,600 (25 per seat plus 2275 per seat - second level midcourt)
so that's $19k cheaper for bball.
So for both sports combined, ISU is $10k cheaper overall.

You can argue about splitting the contributions for different sports. I would imagine that OSU has more overall fan base and they have lots of either/or fans at that level. I doubt ISU does, so this is how you maximize the revenue. And I bet a nickel that JP has some studies/estimates about what doing it the OSU way would look like, and what we do is better for ISU.

Saw your other point about more FB fans than bball based on arena. Good point. Maybe a cheaper "FB only" Cyclone Club membership is an option. But would you gain more/higher contributors for FB only to make up for the lost amount on the full CC membership? IDK.
 
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BCClone

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Not exactly sure.
Ok and... you do at other places for that too, and most of the time less than what ISU is.

You act like the donation just comes with free tickets. No, you have to pay for the tickets that are multiple times more expensive. 12 tickets at ISU costs $5280 more at ISU than at OKst just for the tickets. 12 tickets at the highest none donor level at OKst is $1175 per ticket. So the required donor level for those tickets is, $14,100, which is almost $4K lower for the same donor level at ISU.

12 tickets 50 yard line at ISU:
$18,000 required donation
ticket $660 each
12 x $660 = $7920
$7920 + $18000 = $25,920

12 tickets 50yrd highest level at OKst:
required donation $1175 per ticket
Ticket $200 each
12 x 1175 = $14,100
12 x 200 = $2,400
$14,100 + $2,400 = $16,500

Every way you look at it, top to bottom ISU is far more expensive. Again, do some research and some simple math and you will see.

For those that say but you can get BB tix too, first that would still leave you almost $10k to purchase BB tickets before even covering the FB ticket cost at ISU. And those BB tickets at ISU are also not free so it would take even more just to even how expensive they are. Without looking I would guess OSUs high end BB tickets are cheaper than our $710 each tickets at that level, so it would just cause more of a gap in price.

And everyone says what about BB you can get them too, great, not everyone can go to all the BB games, and not everyone can afford those tickets after paying so much for FB tickets.

I get it, we are full of excuses, ISU was bad so we need to pay more, is really a hilarious take though.
Why did you leave out the 3275 per seat tickets I saw?
 

2speedy1

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That's $9k cheaper for FB.
But if you also want season bball tickets in that same elite seating area:
12 season tix at ISU = $8520 (you've already paid your directors level for FB)
12 season tix at OSU = $27,600 (25 per seat plus 2275 per seat - second level midcourt)
so that's $19k cheaper for bball.
So for both sports combined, ISU is $10k cheaper overall.

You can argue about splitting the contributions for different sports. I would imagine that OSU has more overall fan base and they have lots of either/or fans at that level. I doubt ISU does, so this is how you maximize the revenue. And I bet a nickel that JP has some studies/estimates about what doing it the OSU way would look like, and what we do is better for ISU.
You dont get that many tickets for bb.
 

2speedy1

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Why did you leave out the 3275 per seat tickets I saw?
Because those are suites/club sections. I didnt calculate those at ISU either. Do you have the exact numbers of the Jack trice club or the suites at ISU that we can compare. The current prices for those are not readily available.
 

BCClone

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Not exactly sure.
Because those are suites/club sections. I didnt calculate those at ISU either. Do you have the exact numbers of the Jack trice club or the suites at ISU that we can compare. The current prices for those are not readily available.
Few differences, at JTS there are A LOT fewer suites that at TBoone. At JTS you have to rent the whole suite, at TBoone I can buy a ticket to just sit in a suite with other random people.
 
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CyCity

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Because those are suites/club sections. I didnt calculate those at ISU either. Do you have the exact numbers of the Jack trice club or the suites at ISU that we can compare. The current prices for those are not readily available.
Jack Trice Club is $1,750 per ticket. You can get 4 total at the $9k donation level.
 

2speedy1

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Few differences, at JTS there are A LOT fewer suites that at TBoone. At JTS you have to rent the whole suite, at TBoone I can buy a ticket to just sit in a suite with other random people.
Are our suits the same size as theirs?

I get that we have less but when you look at suite seat numbers. I have no idea the actual number of seats in our club sections and suite sections.

For instance they have 80 we have 45ish but do ours hold more people per? No idea, but their stadium holds like 10K less than ours, so I am curious. They have less people to spread the cost out too though.
 

BCClone

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Not exactly sure.
Are our suits the same size as theirs?

I get that we have less but when you look at suite seat numbers. I have no idea the actual number of seats in our club sections and suite sections.

For instance they have 80 we have 45ish but do ours hold more people per? No idea, but their stadium holds like 10K less than ours, so I am curious. They have less people to spread the cost out too though.
They have 153 suites. Range from 24 to 160 each holds.
 

CascadeClone

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Few differences, at JTS there are A LOT fewer suites that at TBoone. At JTS you have to rent the whole suite, at TBoone I can buy a ticket to just sit in a suite with other random people.
I am guessing this is the key. TOE just built a bunch more suites in their endzone project - reducing seats overall iirc.

So if suite revenue per seat / per sqft is significantly higher than regular seats (which would make sense) then having more would make sense. Do we not have the ability to supply more suites? Or do we lack demand for them? I've no idea. Sukup end zone seems like a compromise solution to the problem.
 

BCClone

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Not exactly sure.
I am guessing this is the key. TOE just built a bunch more suites in their endzone project - reducing seats overall iirc.

So if suite revenue per seat / per sqft is significantly higher than regular seats (which would make sense) then having more would make sense. Do we not have the ability to supply more suites? Or do we lack demand for them? I've no idea. Sukup end zone seems like a compromise solution to the problem.
Our suites can hold around 1100 total. Theirs hold around 11,000. Quite a bit of difference
 

2speedy1

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I am guessing this is the key. TOE just built a bunch more suites in their endzone project - reducing seats overall iirc.

So if suite revenue per seat / per sqft is significantly higher than regular seats (which would make sense) then having more would make sense. Do we not have the ability to supply more suites? Or do we lack demand for them? I've no idea. Sukup end zone seems like a compromise solution to the problem.
This is part of the problem, we need more premium areas with more premium perks.

Instead we continue to push costs on the rest of the fans for the same or fewer perks.

Do I have the answers, no, but saying ISU is cheap as some have, or even saying they are similar to other schools is not really true.

Again we are arguing one school here, I looked at and posted a half a dozen last night in none could I see that ISU was significantly a better deal, and in most cases most level was significantly more expensive. I went through the entire b12 and B10 last year, and ISU was at or near the top in costs. No matter how you mathed it. You literally have to buy the max tickets allowed to both FB and BB and make it to all games to come out ahead at ISU in most cases. Which the majority of fans are not doing.
 

2speedy1

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Our suites can hold around 1100 total. Theirs hold around 11,000. Quite a bit of difference
Their suites hold over 20% of the total capacity of their stadium?

Well maybe we need to build that giant sky box everyone has been begging for to build more suites I guess?
 

alarson

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I am guessing this is the key. TOE just built a bunch more suites in their endzone project - reducing seats overall iirc.

So if suite revenue per seat / per sqft is significantly higher than regular seats (which would make sense) then having more would make sense. Do we not have the ability to supply more suites? Or do we lack demand for them? I've no idea. Sukup end zone seems like a compromise solution to the problem.

There's definitely more demand for more Jack Trice Club-like space. The hard part is where to put it. The problems that come with having a stadium whose bones were designed for an era before that premium space became a primary concern, and the solutions to that get extremely costly. And even if you can justify those costs for the revenue they might create, how certain can you be of that revenue when the B10\SEC are injecting new chaos every few years that could disrupt it (and thus making the debt for such projects unsustainable)?
 

CyCity

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This is part of the problem, we need more premium areas with more premium perks.

Instead we continue to push costs on the rest of the fans for the same or fewer perks.

Do I have the answers, no, but saying ISU is cheap as some have, or even saying they are similar to other schools is not really true.

Again we are arguing one school here, I looked at and posted a half a dozen last night in none could I see that ISU was significantly a better deal, and in most cases most level was significantly more expensive. I went through the entire b12 and B10 last year, and ISU was at or near the top in costs. No matter how you mathed it. You literally have to buy the max tickets allowed to both FB and BB and make it to all games to come out ahead at ISU in most cases. Which the majority of fans are not doing.
If you’re going to go compare Iowa State football to other schools only football it doesn’t make sense. Same if you did it for basketball only comparisons. You have to look at the whole picture at Iowa State.
 

BCClone

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Not exactly sure.
This is part of the problem, we need more premium areas with more premium perks.

Instead we continue to push costs on the rest of the fans for the same or fewer perks.

Do I have the answers, no, but saying ISU is cheap as some have, or even saying they are similar to other schools is not really true.

Again we are arguing one school here, I looked at and posted a half a dozen last night in none could I see that ISU was significantly a better deal, and in most cases most level was significantly more expensive. I went through the entire b12 and B10 last year, and ISU was at or near the top in costs. No matter how you mathed it. You literally have to buy the max tickets allowed to both FB and BB and make it to all games to come out ahead at ISU in most cases. Which the majority of fans are not doing.
Kansas is 630 ticket and 1175 donation. First one I checked outside of OSU (that was because of your post)
 

FarmerCy1

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Ok, that likes to always be tossed around but it honestly isnt as big of a deal as it’s portrayed to be.
Fair, but a slowdown in the economic sector that accounts for a significant portion of your alumni base isn’t ideal when the AD is trying to get folks to donate money with little in return.