If the Big 12 could be dead (I don't think it will be), would it be wise to undertake a huge, multi-million dollar construction project on our football stadium? I have a feeling if we're playing some hardcore MACtion in 10 years, we probably won't be selling 50k/game*, let alone the additional 10-20k that the expansion would probably entail. Nothing screams "failing program" like an empty stadium on gamedays.
Maybe waiting 5 years to see what happens with the NCAA and Big 12, or if we ever draw interest from a "major" conference when rumors spring up again, would be a good idea.
Pretty much disagree with this whole post. You don't sit back, watch and wait for bad things to happen. You make every effort you can to bring your facilities, programs and national prominance up while you can so if a change does happen you are prepared, in the best position you can...and also more attractive.
If this doesn't happen in 5 years I'd be shocked...and more than a little discouraged. Our revenue from the Big 12 could be north of 30 million a year in 5 years. What you are seeing is JP getting all he can get done today...done. Then he sits back, collects checks, pay's off debt over the next 1-2 years then announces the SEZ project around 2015 with a completion date of say around 2016.
I don't think people realize the amount of money ISU is getting today over years past. JP will be able to pay down debt on the currently new facilities much more quickly than ISU has ever dreamed of...and make no mistake ISU officials at all levels fully understand the importance of ISU being relevent in college athletics.
Pay down the debt for a few years and build the SEZ by around 2016-17 around the time other projects/debts are coming off the books. I'd bet money that's the plan.