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re: 2012 revenues per USA Today
Posted on 5/8/13 at 1:18 am to texashorn
Posted on 5/8/13 at 1:18 am to texashorn
meh, one big reason is that "donations" include those required for tickets. The horn "donations" exploded post DKR expansion. It's just spinning numbers for ticket sales as well as larger donations like Joe Jamail to get his name on the stadium (and probably Taco Bell to get 90% of your jumbotron). But tbf, I believe your debt service is on the other side of the ledger. But a lot of your huge revenue numbers are overstated because of this.
Ours will be as well as the pledges for suites and such will be paid over a number of years (or at least amortized). Sometimes it can be tough to see through all the accounting. I think ours probably include BBP donations for this year. Meanwhile we had reduced "licensing" because the Big 12 withheld tv revenue from us.
Ours will be as well as the pledges for suites and such will be paid over a number of years (or at least amortized). Sometimes it can be tough to see through all the accounting. I think ours probably include BBP donations for this year. Meanwhile we had reduced "licensing" because the Big 12 withheld tv revenue from us.
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Posted on 5/8/13 at 1:27 am to tmc94
Well, certainly, a big chunk of it's tied to tickets and their location.
But what I've noticed about A&M's seat donations as compared to The University of Texas'... A&M sets every year the minimum donation necessary to keep those seats -- if you don't meet that minimum, you lose the seats.
At Texas, the donation you gave to get the seat originally becomes the baseline, and never changes unless you up your donation.
Therefore, Texas is leaving A LOT of money on the table in relation to donations/tickets as compared to A&M.
I would suspect if Texas adopted A&M's policy of the university setting the minimum donation for the seats as opposed to the baseline being the original donation (make sense?), there would be a mutiny and a march on Bellmont in Austin, Texas.
You mention debt service... you don't think all this money being spent by A&M is just magically going to be gobbled up and hidden, and have no impact on the bottom line? Of course it will.
Texas' debt service comes from projects undertaken about 15 years ago... yours is just beginning.
And on top of that, you are helped by the hotel tax that was foisted on the Bryan-College Station governments as ransom for the improvements, or else you'd play your games in Houston during the renovations, killing the hotel industry in your neck of the woods. LINK
I'll be damned if UT athletics ever held the city hostage over a hotel tax to pay for a football stadium.
But what I've noticed about A&M's seat donations as compared to The University of Texas'... A&M sets every year the minimum donation necessary to keep those seats -- if you don't meet that minimum, you lose the seats.
At Texas, the donation you gave to get the seat originally becomes the baseline, and never changes unless you up your donation.
Therefore, Texas is leaving A LOT of money on the table in relation to donations/tickets as compared to A&M.
I would suspect if Texas adopted A&M's policy of the university setting the minimum donation for the seats as opposed to the baseline being the original donation (make sense?), there would be a mutiny and a march on Bellmont in Austin, Texas.
You mention debt service... you don't think all this money being spent by A&M is just magically going to be gobbled up and hidden, and have no impact on the bottom line? Of course it will.
Texas' debt service comes from projects undertaken about 15 years ago... yours is just beginning.
And on top of that, you are helped by the hotel tax that was foisted on the Bryan-College Station governments as ransom for the improvements, or else you'd play your games in Houston during the renovations, killing the hotel industry in your neck of the woods. LINK
I'll be damned if UT athletics ever held the city hostage over a hotel tax to pay for a football stadium.
This post was edited on 5/8/13 at 1:28 am
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