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AU trying to go All IN on Athletic facility upgrades across the board
Posted on 1/26/16 at 9:11 am
Posted on 1/26/16 at 9:11 am
LINK
quote:
AUBURN – The facilities race in college athletics shows no sign of slowing, and athletics director Jay Jacobs proposes that Auburn pick up the pace in a major way.
In a letter to Auburn donors , who would be asked to help foot the bill, what was termed “lofty plans for improving facilities to assure the highest competitiveness in the toughest conference in college” were spelled out.
The contents of the letter were shared with AuburnUndercover by one of the recipients.
“While more than $140 million has been invested in our athletic buildings over the past decade, we must continue to advance our competition and practice spaces for our athletes,” the letter reads. “To determine the feasibility of these projects, Auburn athletics is seeking the advice and counsel of its supporters and community leaders whose opinions we value. We hope that you will participate in a preliminary study.”
The letter offers preliminary proposals for two phases of facility upgrades, including north end zone renovations and other improvements at Jordan-Hare Stadium and a new football operations building. Total cost would be more than $200 million.
PHASE I
-- $75 million for north end zone renovation and other upgrades at Jordan-Hare Stadium. The renovations would include new home and visiting team locker rooms, new recruiting area, multiple premium seating options.
-- $30 million for a football operations building. It would be built near the existing athletic complex and would include athletic training facilities, a players lounge, locker room, equipment storage, weight room, coaches offices, meeting rooms and more.
-- $25 million for a sports medicine facility. State-of-the-art facility would be located on campus to accommodate the wellness needs of Auburn athletes.
PHASE 2
-- $15 million for soccer complex upgrades. Included would be new seating, concessions and press box. -
-- $10 million for a student-athlete development center. It would be a state-of-the art academic support facility.
-- $12 million for upgrades at Jane B. Moore Field. Included would be more permanent seating, a team facility and more.
-- $12 million for upgrades at Plainsman Park. Included would be new seating above the “green monster” in left field.
-- $5-10 million for an equestrian support facility.
-- $5 million for an SEC Network studio extension.
-- $5 million for track and field facility upgrades.
-- $5 million for swimming and diving upgrades.
-- $2 million to finish volleyball facility within Auburn Arena.
The J.F. Smith Group, an Auburn company that specializes in fundraising, will interview donors and lead the feasibility study.
“Please note,” the letter reads, “that the comments will be in confidence and you will not be solicited in this interview. Your advice and counsel is essential as we consider the direction of Auburn athletics capital campaign.”
Jacobs talked about facilities when he addressed a group of donors last week.
“Our goal is to build and maintain first-class facilities for our students and fans,” Jacobs said. And, he added, “Our goal is to have our student-athletes in position to win championships every year.”
I think the bolded is needed. And I think the J.F. Smith Group would be a good company for Jacobs to work for.
This post was edited on 1/26/16 at 9:48 am
Posted on 1/26/16 at 9:19 am to ellitor
From link above.
AUBURN – The facilities race in college athletics shows no sign of slowing, and athletics director Jay Jacobs proposes that Auburn pick up the pace in a major way.
In a letter to Auburn donors , who would be asked to help foot the bill, what was termed “lofty plans for improving facilities to assure the highest competitiveness in the toughest conference in college” were spelled out.
The contents of the letter were shared with AuburnUndercover by one of the recipients.
“While more than $140 million has been invested in our athletic buildings over the past decade, we must continue to advance our competition and practice spaces for our athletes,” the letter reads. “To determine the feasibility of these projects, Auburn athletics is seeking the advice and counsel of its supporters and community leaders whose opinions we value. We hope that you will participate in a preliminary study.”
The letter offers preliminary proposals for two phases of facility upgrades, including north end zone renovations and other improvements at Jordan-Hare Stadium and a new football operations building. Total cost would be more than $200 million.
PHASE I
-- $75 million for north end zone renovation and other upgrades at Jordan-Hare Stadium. The renovations would include new home and visiting team locker rooms, new recruiting area, multiple premium seating options.
-- $30 million for a football operations building. It would be built near the existing athletic complex and would include athletic training facilities, a players lounge, locker room, equipment storage, weight room, coaches offices, meeting rooms and more.
-- $25 million for a sports medicine facility. State-of-the-art facility would be located on campus to accommodate the wellness needs of Auburn athletes.
PHASE 2
-- $15 million for soccer complex upgrades. Included would be new seating, concessions and press box. -
-- $10 million for a student-athlete development center. It would be a state-of-the art academic support facility.
-- $12 million for upgrades at Jane B. Moore Field. Included would be more permanent seating, a team facility and more.
-- $12 million for upgrades at Plainsman Park. Included would be new seating above the “green monster” in left field.
-- $5-10 million for an equestrian support facility.
-- $5 million for an SEC Network studio extension.
-- $5 million for track and field facility upgrades.
-- $5 million for swimming and diving upgrades.
-- $2 million to finish volleyball facility within Auburn Arena.
The J.F. Smith Group, an Auburn company that specializes in fundraising, will interview donors and lead the feasibility study.
“Please note,” the letter reads, “that the comments will be in confidence and you will not be solicited in this interview. Your advice and counsel is essential as we consider the direction of Auburn athletics capital campaign.”
Jacobs talked about facilities when he addressed a group of donors last week.
“Our goal is to build and maintain first-class facilities for our students and fans,” Jacobs said. And, he added, “Our goal is to have our student-athletes in position to win championships every year.”
I think the bolded is needed. And I think the J.F. Smith Group would be a good company for Jacobs to work for.
AUBURN – The facilities race in college athletics shows no sign of slowing, and athletics director Jay Jacobs proposes that Auburn pick up the pace in a major way.
In a letter to Auburn donors , who would be asked to help foot the bill, what was termed “lofty plans for improving facilities to assure the highest competitiveness in the toughest conference in college” were spelled out.
The contents of the letter were shared with AuburnUndercover by one of the recipients.
“While more than $140 million has been invested in our athletic buildings over the past decade, we must continue to advance our competition and practice spaces for our athletes,” the letter reads. “To determine the feasibility of these projects, Auburn athletics is seeking the advice and counsel of its supporters and community leaders whose opinions we value. We hope that you will participate in a preliminary study.”
The letter offers preliminary proposals for two phases of facility upgrades, including north end zone renovations and other improvements at Jordan-Hare Stadium and a new football operations building. Total cost would be more than $200 million.
PHASE I
-- $75 million for north end zone renovation and other upgrades at Jordan-Hare Stadium. The renovations would include new home and visiting team locker rooms, new recruiting area, multiple premium seating options.
-- $30 million for a football operations building. It would be built near the existing athletic complex and would include athletic training facilities, a players lounge, locker room, equipment storage, weight room, coaches offices, meeting rooms and more.
-- $25 million for a sports medicine facility. State-of-the-art facility would be located on campus to accommodate the wellness needs of Auburn athletes.
PHASE 2
-- $15 million for soccer complex upgrades. Included would be new seating, concessions and press box. -
-- $10 million for a student-athlete development center. It would be a state-of-the art academic support facility.
-- $12 million for upgrades at Jane B. Moore Field. Included would be more permanent seating, a team facility and more.
-- $12 million for upgrades at Plainsman Park. Included would be new seating above the “green monster” in left field.
-- $5-10 million for an equestrian support facility.
-- $5 million for an SEC Network studio extension.
-- $5 million for track and field facility upgrades.
-- $5 million for swimming and diving upgrades.
-- $2 million to finish volleyball facility within Auburn Arena.
The J.F. Smith Group, an Auburn company that specializes in fundraising, will interview donors and lead the feasibility study.
“Please note,” the letter reads, “that the comments will be in confidence and you will not be solicited in this interview. Your advice and counsel is essential as we consider the direction of Auburn athletics capital campaign.”
Jacobs talked about facilities when he addressed a group of donors last week.
“Our goal is to build and maintain first-class facilities for our students and fans,” Jacobs said. And, he added, “Our goal is to have our student-athletes in position to win championships every year.”
I think the bolded is needed. And I think the J.F. Smith Group would be a good company for Jacobs to work for.
Posted on 1/26/16 at 9:22 am to ellitor
Would be a great time to be a contractor.
Posted on 1/26/16 at 9:23 am to JamalSanders
quote:
I think the bolded is needed
We need a stadium renovation very badly. locker rooms and recruit area suck. A stadium reno also leads to more donations/revenue yearly
Posted on 1/26/16 at 9:25 am to JamalSanders
quote:
“While more than $140 million has been invested in our athletic buildings over the past decade, we must continue to advance our competition and practice spaces for our athletes,”
Has it occured to anyone that the current state of affairs is absolutely nuts?
I know we're compelled by competition, but think of how much better usage of that money (across the country) if people just furnished what they actually needed.
Posted on 1/26/16 at 9:27 am to JamalSanders
Spend it all. Let's do it. I'll foot the first $7.
Posted on 1/26/16 at 9:29 am to JamalSanders
quote:
-- $5 million for track and field facility upgrades.
Sorely needed. The track is kind of a ghost town down there.
Posted on 1/26/16 at 9:34 am to Swoopin
Seats above the wall would be awesome
Posted on 1/26/16 at 9:40 am to Swoopin
quote:
but think of how much better usage of that money (across the country) if people just furnished what they actually needed.
Are you voting for Bernie Sanders?
Posted on 1/26/16 at 9:47 am to JamalSanders
Added the body of the article in the OP for those who don't like clicking links.
Posted on 1/26/16 at 9:47 am to DuncanIdaho
quote:
Sorely needed. The track is kind of a ghost town down there.
It is a ghost town due to the location of the entrance.
Posted on 1/26/16 at 9:50 am to JamalSanders
Yes and parking is pretty limited. Not much seating last time I was there either.
Posted on 1/26/16 at 9:58 am to NYCAuburn
quote:
Are you voting for Bernie Sanders?
He is just pointing out that college athletics suffers from the problem of notbeing able to pay their athletes and having not financial stakeholders desiring to maximize benefits.
Teams have to find alternative methods of compensating athletes to convince them to join their team. So they build waterfall jacuzzis to "wow" them even though that is not the most efficient benefit to give to prospective athletes.
This post was edited on 1/26/16 at 10:04 am
Posted on 1/26/16 at 9:59 am to Swoopin
quote:College athletics is a huge bubble. Advertising revenues going forward cannot support anywhere near the level of spending on staff and facilities. The unprecedented inflation in tuition prices makes schollies more expensive as well, although that's minor in comparison to the above. But the math doesn't work, no matter how creatively you cook the books.
Has it occured to anyone that the current state of affairs is absolutely nuts?
Posted on 1/26/16 at 10:01 am to GenesChin
Have to do this to keep getting big recruits. We make money because of this stuff. It's business. It is necessary unless you want to watch auburn athletics slip beyond the mediocrity we have witness recently with the exception of two years.
The AD can spend money on whatever they want as long as our program keeps growing and our books are balanced / profitable
The AD can spend money on whatever they want as long as our program keeps growing and our books are balanced / profitable
Posted on 1/26/16 at 10:04 am to GenesChin
quote:
Don't see how pointing out the ridiculous increase in expenditures for collegiate athletics means he is voting for the Burn.
It appeared he suggested we didnt need any luxuries and should only have what is a necessity.
quote:
NFL teams build facilities and upgrades in cost effective ways to maximize their business profits/win% with available resources.
That is because they are a business and operate under normal practices. CFB is not run like a normal business. You are better off to spend. We dont have shareholders to keep happy
quote:
College football teams build massive jumbotrons, waterfall jacuzzis and other things just to win big d**k contests for recruits etc.
And if you dont get the recruits, you dont win. IF you dont win, you dont get butts in the seats. If you dont get butts in the seats, you dont generate revenue.
NFL is not trying to recruit anyone either, they just make offers on players
Posted on 1/26/16 at 10:05 am to FearlessFreep
quote:
College athletics is a huge bubble. Advertising revenues going forward cannot support anywhere near the level of spending on staff and facilities.
There already is a huge discussion about ESPN's longterm profitability. Between cord cutting and people claiming they would rather not pay $8 then get ESPN, the leading sports channel is in a bind going further.
Not to mention if any additional payments for collegiate athletes is made, it could create a huge financial for ADs that have layered on debt before that change is made
This post was edited on 1/26/16 at 10:08 am
Posted on 1/26/16 at 10:07 am to NYCAuburn
quote:
That is because they are a business and operate under normal practices. CFB is not run like a normal business. You are better off to spend. We dont have shareholders to keep happy
I edited this before you posted explaining basically the same thing.
quote:
And if you dont get the recruits, you dont win. IF you dont win, you dont get butts in the seats. If you dont get butts in the seats, you dont generate revenue.
Recruits would rather have the money than be "wowed." Schools likely would rather spend less money paying players than building ridiculous recruiting ploys.
It is a regulatory failure and causes ridiculous expenses increases. Pointing that out isn't wrong
Posted on 1/26/16 at 10:18 am to FearlessFreep
quote:
College athletics is a huge bubble. Advertising revenues going forward cannot support anywhere near the level of spending on staff and facilities. The unprecedented inflation in tuition prices makes schollies more expensive as well, although that's minor in comparison to the above. But the math doesn't work, no matter how creatively you cook the books.
Yep. The whole college model is a huge bubble waiting to pop. I can't wait until it pops again. I missed out on buying some condos in Auburn when it popped the first time. I won't miss out when it pops the next time.
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