You're talking about our highest price tickets. The rest of our locations are drastically less than Iowa's $395. Currently we have season ticket holders who got 7 games for $99-$125 this upcoming season. Iowa has nothing remotely like that since their seats are flatly priced across the stadium where even the worst endzone seats are nearly $400 before any donation. I would suspect that ours will jump up quite a bit to a more comparable price.
I agree raising our tickets significantly is "not going to fly" with a lot of people, but those people just aren't realistic if they truly think that it is a crime to do that. College football became an arms race a few years back, and if we aren't trying to increase our revenue to keep up, then we are doing something wrong. Like I said, the days of season tickets being affordable for everyone have been long gone at most major programs. Our fans were lucky to get it for as long as we did. I wanted this to happen before any SEZ project. That way we could have tested the demand for tickets priced at a normal market value and see if we still need 60k seats or not.
Your entire post is 100% accurate...but the last two sentences were exactly what I was thinking when I started the thread questioning whether or not the SEZ project was a good investment or not.
While I don't think there's any way Pollard is going to Iowa level prices just to get in the stadium, I would think the lowest season ticket prices after this renovation would have to be in the $250 range...there won't be anymore $100-$150 season tickets (except maybe the north end zone hillside seats). So the question becomes, will a family of four who as paying $400 for SEZ hillside season tickets in 2014 renew those same season tickets in 2015 when the asking price is $1,000-$1,200?
It seems blatantly obvious to me that there were two things that led to ISU's recent success at selling out Jack Trice:
1. As you pointed out, artificially low season ticket prices compared to any other tickets in the area - to even get into most college football stadiums you have to pay $300-$400 for season tickets...ISU has a lot of seats right now where you can get in for a lot less than that.
2. Historically unparalleled national exposure for the football program since Paul Rhoads was hired - there was the big win over Nebraska in 2009 that led to the "I'm so proud speech" (which went viral and was included in ESPN's "Images of the Decade" video), the win in Austin in 2010, the win over OSU in 2011 was the biggest win in the history of ISU's football program, and finally, ISU made back to back bowl games in 2011 & 2012.
I would wager to guess that 2011-2013's extremely strong season ticket sales were a combination of the two above variables - what happens when neither are present anymore? Wouldn't JP want to see that question answered before voluntarily taxing the ISU fan base for the next few decades to pay for this stadium renovation that may or may not have the financial support from the fan base?
Raise your ticket prices in 2015 before a stadium renovation and see what kind of season ticket numbers you can post before investing the kind of money you are investing in the SEZ. It seems like Pollard is forcing this...he's putting the cart before the horse.
I'm really surprised there hasn't been more criticism of JP about the decision to expand the SEZ on this board - I get why ISU fans think it is a good thing - it will make Jack Trice look nicer...however, you have to fill those new seats at a higher price (and retain ALL of the 55K that were buying season tickets at a lower price), otherwise you won't create a "big time" college football environment, you'll just have a stadium that sits 20% empty each Saturday.