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re: 2012 revenues per USA Today
Posted on 5/8/13 at 8:42 am to texashorn
Posted on 5/8/13 at 8:42 am to texashorn
texashorn,
It's a long and complex story you don't understand whatsoever. The loan and audit were all part of the internal battles A&M had years ago with Murano replacing Gates and fighting with McKinney followed by her being fired (as well as McKinney eventually being shown the door) and Loftin and Byrne getting along like oil and water until Byrne was shown the door.
It is true that A&M didn't make nearly as much money when we sucked a few years back in the Big 12. Not exactly a shock. It's also true that part of the reason for the SEC move was money, I don't see why that is a problem. Most of all it is true that A&M is seeing a MASSIVE increase in donations, merchandise sales, and overall support since the SEC move. Once the new Kyle is in place it will be a massive cash machine if A&M can sell it out which looks very likely at this point.
You are also correct in how the seats are handled. You just get the right to your seats if you have enough "points" but you still have to make the appropriate donation. There are a few exceptions, most notably the Endowed Scholarship Donors that are still there (about 3k), some of which got lifetime tickets and some got 30 year tickets. They are settling all of those with the rebuild though (which is going to be messy but needs to be done). Most importantly though, when the new Kyle is in place essentially everyone will be starting over. You will still have your "points" but the sweetheart deals are gone. Even the faculty discounts are going away. They are setting it up for the long term and the demand is proving to be there.
One last thing to consider, A&M still hasn't gotten a dime from the SEC move yet. Our first SEC TV check arrives in June so all of this is AFTER the Big 12 buyout.
If you don't think A&M is a sleeping giant that has awoken and growing like wildfire you are in denial.
It's a long and complex story you don't understand whatsoever. The loan and audit were all part of the internal battles A&M had years ago with Murano replacing Gates and fighting with McKinney followed by her being fired (as well as McKinney eventually being shown the door) and Loftin and Byrne getting along like oil and water until Byrne was shown the door.
It is true that A&M didn't make nearly as much money when we sucked a few years back in the Big 12. Not exactly a shock. It's also true that part of the reason for the SEC move was money, I don't see why that is a problem. Most of all it is true that A&M is seeing a MASSIVE increase in donations, merchandise sales, and overall support since the SEC move. Once the new Kyle is in place it will be a massive cash machine if A&M can sell it out which looks very likely at this point.
You are also correct in how the seats are handled. You just get the right to your seats if you have enough "points" but you still have to make the appropriate donation. There are a few exceptions, most notably the Endowed Scholarship Donors that are still there (about 3k), some of which got lifetime tickets and some got 30 year tickets. They are settling all of those with the rebuild though (which is going to be messy but needs to be done). Most importantly though, when the new Kyle is in place essentially everyone will be starting over. You will still have your "points" but the sweetheart deals are gone. Even the faculty discounts are going away. They are setting it up for the long term and the demand is proving to be there.
One last thing to consider, A&M still hasn't gotten a dime from the SEC move yet. Our first SEC TV check arrives in June so all of this is AFTER the Big 12 buyout.
If you don't think A&M is a sleeping giant that has awoken and growing like wildfire you are in denial.
1
Posted on 5/8/13 at 8:57 am to aggressor
Good post. Not bashing, but here is the obligatory:
That is the very reason their insecure fan base (and athletic director) need to bring up the 16m loan at any opportunity. They NEED A&M to appear weak, as a last-ditch effort to salvage their now-lost position as #1 in Texas. It's fun to watch them fall from grace.
quote:
If you don't think A&M is a sleeping giant that has awoken and growing like wildfire you are in denial.
That is the very reason their insecure fan base (and athletic director) need to bring up the 16m loan at any opportunity. They NEED A&M to appear weak, as a last-ditch effort to salvage their now-lost position as #1 in Texas. It's fun to watch them fall from grace.
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