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re: Stadium expansion approved by BOT

Posted on 6/16/16 at 3:59 pm to
Posted by Hogwall Jackson
Denver
Member since Feb 2013
5055 posts
Posted on 6/16/16 at 3:59 pm to
Ah. I never followed it past this point...

LINK

quote:

A previous Traveler article, UA officials plan to lower tuition rates, stated that the UA tuition rates were going to be lowered for the fall 2016 semester. We gathered this information from the Treasurer’s Office website, which displays incorrect information about the fall 2016 tuition rates. The tuition rates will not be determined until the next Board of Trustees meeting. The Traveler strives for accuracy and clarity in all matters.
Posted by Hogwall Jackson
Denver
Member since Feb 2013
5055 posts
Posted on 6/16/16 at 3:59 pm to
Ah. I never followed it past this point...

LINK

quote:

A previous Traveler article, UA officials plan to lower tuition rates, stated that the UA tuition rates were going to be lowered for the fall 2016 semester. We gathered this information from the Treasurer’s Office website, which displays incorrect information about the fall 2016 tuition rates. The tuition rates will not be determined until the next Board of Trustees meeting. The Traveler strives for accuracy and clarity in all matters.
Posted by Ray Penpillage
Western Slope
Member since Nov 2010
9409 posts
Posted on 6/16/16 at 9:01 pm to
quote:

In fact, there are no general admission seats added — but only some 3,000 "special seats" for those fans in upper income levels.


Shame we can't sell tickets for the 3,000 general admission seats vacated as affluent fans upgrade to "special seats".
Posted by WonderWartHawg
Member since Dec 2010
10400 posts
Posted on 6/16/16 at 9:13 pm to
How are they going to hide the empty seats that they already couldn't fill?
Posted by hogminer
Bella Vista, AR.
Member since Apr 2010
9635 posts
Posted on 6/16/16 at 9:15 pm to
quote:

How are they going to hide the empty seats that they already couldn't fill?


They should reduce price on the upper deck corners.
Posted by Ray Penpillage
Western Slope
Member since Nov 2010
9409 posts
Posted on 6/16/16 at 9:17 pm to
quote:

reduced 500-level ticket prices


LINK
Posted by CtotheVrzrbck
WeWaCo
Member since Dec 2007
37538 posts
Posted on 6/16/16 at 10:11 pm to
U. of A would rather seats go empty than tarnish their brand by selling cheap tickets.
Posted by Porker Face
Eden Isle
Member since Feb 2012
15336 posts
Posted on 6/16/16 at 10:24 pm to
No prob

You are man enough to admit a mistake

Posted by Porker Face
Eden Isle
Member since Feb 2012
15336 posts
Posted on 6/16/16 at 10:25 pm to
They cut them by $10

Like that means shite

No one was passing on those tickets over $10
Posted by Hawgeye
tFlagship Brothel
Member since Jun 2009
30974 posts
Posted on 6/17/16 at 5:26 am to
quote:

that means shite



It does if it's a family of 6 coming from southwest Arkansas.

That's gas for them.
Posted by Porker Face
Eden Isle
Member since Feb 2012
15336 posts
Posted on 6/17/16 at 7:25 am to
Ok let's see who's right

Look up in the stadium corners at all the games and let me know how packed they are
Posted by Hawgeye
tFlagship Brothel
Member since Jun 2009
30974 posts
Posted on 6/17/16 at 7:39 am to
So you're telling me that $10 a ticket isn't much savings for a family of six?

That family saves $60 which can be used for fuel, hotels, eating, etc. Thats a good savings for a lower to middle income family, especially if they want to make 2 or three trips in one month. Two trips saves $120.

We already have the cheapest tix in the league, and now they're getting even cheaper for the upper deck.
Posted by TheCheshireHog
Cashew Chicken Country
Member since Oct 2010
40883 posts
Posted on 6/17/16 at 7:50 am to
Those seats haven't sold for 15 years. It doesn't matter if you raise the price or lower the price because they'll still be empty. You'd probably have to give those tickets away for free to get anyone to sit there regularly because they are just bad seats overall.
Posted by Pigfeet
Ark Mods are Fascists
Member since Mar 2010
19783 posts
Posted on 6/17/16 at 8:12 am to
Tyson and others opposed the measure


quote:

As former members of the University of Arkansas Board of Trustees, we write to express our concern about the proposed $160 Million expansion of Razorback Stadium on the Fayetteville campus, and to support UA trustee David Pryor’s position on the matter.
From what we read in the media, it appears this project is headed toward completion, with the Board of Trustees having given some preliminary approval already, and another vote on project perhaps to come at the Board meeting scheduled next week.
We are all avid Razorback fans, and have been for many, many years, but we just cannot support this project, at this time. It is simply too much, at the wrong time, and we hope the UAF administration and the Board of Trustees will put it on hold until the questions that David Pryor has asked, and a lot more, can be answered.

The last time Razorback Stadium was renovated and expanded, approximately 20 years ago, we spent roughly $100 million to update the facilities and add about 20,000 seats. That worked out to be about $5,000 per additional seat. Since that time, our best guess is that we have had MAYBE 10 or 12 games “sell out”, but only 2 or 3 truly “full houses” in those 20 years. Now we are planning to spend another $160 million (that will in all likelihood end up being $200 million+), and are only adding another approximately 3,000 seats. Since we have very seldom, in 20 years, filled the stadium up, we really don’t need many, if any, additional seats but we’re still going to spend another $160-200 million on the facility? This simply defies all logic. So, if we aren’t getting many more seats what is all that money going to be spent for? We are told it is for more luxury suites, other amenities like an even bigger additional electronic scoreboard, luxurious new offices for the Athletic Department’s ever increasing staff, and underground parking and private elevators for that staff, so they don’t have to walk in the rain to get to their new offices.

Can we really afford this kind of project on a campus where we don’t really have enough classrooms in which to teach our students, we are told we can’t afford to adequately equip our science labs, and our staff and faculty are still woefully underpaid? We believe our priorities on the Fayetteville campus are just wrong. Instead of focusing on luxury suites for the very few among us who can afford them, think about what could be done with an additional $160 to $200 million dollars for our students, our faculty and staff, and our academic programs. We might even be able to figure out a way to get our faculty salaries out of the absolute bottom of the rankings of the 50 states. Excellence in these areas should be our priorities, instead of being known for having the most luxurious sky boxes in the SEC and an office building for the Athletic Department that is second to none.

If all of this were being done totally with private contributions that would be one thing, but, well over half of the money to be spent is going to be borrowed by the University through the issuance of bonds backed by ticket sales revenue. This is another issue that gives us pause. The ability to pay back $120 million in debt being dependent on ticket sales and the number of football games we win over the next 20 years is something the Board of Trustees need to think long and hard about in our opinion. And, of course that $120 million figure is not actually the total cost for getting the bonds paid off. Over the 20 year life of the bonds, the actual payment of principal, interest, fees and commissions will probably bring the total cost of the $120 million bond issue to over $200 million.

With the financial support from the state already under serious pressure, and consideration being given to completely changing how state support is calculated (to focus on “outcomes” instead of simple enrollment numbers), and with tuition continuing to skyrocket making it more and more difficult for the average student to be able to afford higher education, we simply believe this is a terrible time for the U. of A. Fayetteville to be making a commitment to this kind of debt, especially for this purpose. We encourage the Board of Trustees to slow this project down and continue to review its priorities.

—John H. Tyson, Springdale
—Kaneaster Hodges, Newport
—Frances Cranford, Little Rock
—Diane Nolan Alderson, El Dorado
—Jack L. Williams, Texarkana / L.R.



This post was edited on 6/17/16 at 8:13 am
Posted by TheCheshireHog
Cashew Chicken Country
Member since Oct 2010
40883 posts
Posted on 6/17/16 at 8:20 am to
I get Pryor because he's a politician but I'm surprised at Tyson being this clueless.

quote:

Can we really afford this kind of project on a campus where we don’t really have enough classrooms in which to teach our students, we are told we can’t afford to adequately equip our science labs, and our staff and faculty are still woefully underpaid? We believe our priorities on the Fayetteville campus are just wrong. Instead of focusing on luxury suites for the very few among us who can afford them, think about what could be done with an additional $160 to $200 million dollars for our students, our faculty and staff, and our academic programs. We might even be able to figure out a way to get our faculty salaries out of the absolute bottom of the rankings of the 50 states.
Posted by Ray Penpillage
Western Slope
Member since Nov 2010
9409 posts
Posted on 6/17/16 at 8:27 am to
The new seats will definitely sell.
Posted by Hog on the Hill
AR
Member since Jun 2009
13389 posts
Posted on 6/17/16 at 8:47 am to
Tyson does have a point that our faculty are paid miserably low salaries relative to other states. He's definitely being misleading though, because that money doesn't exist yet. It would have to be raised, and it would be specifically for the stadium project.

But seriously, our state needs to have a conversation about how poorly compensated our faculty are.
Posted by Pigfeet
Ark Mods are Fascists
Member since Mar 2010
19783 posts
Posted on 6/17/16 at 9:06 am to
quote:

But seriously, our state needs to have a conversation about how poorly compensated our faculty are.



Yep, our defensive coordinator makes more than our Chancellor, that's messed up.
Posted by Porker Face
Eden Isle
Member since Feb 2012
15336 posts
Posted on 6/17/16 at 11:23 am to
A family of 6 spends more than $60 every time they go to the yellow jacket cafe in Sheridan
Posted by Porker Face
Eden Isle
Member since Feb 2012
15336 posts
Posted on 6/17/16 at 11:25 am to
They spend more than that on hot dogs at the game
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