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re: Facility upgrades?

Posted on 8/23/17 at 1:10 pm to
Posted by TomRollTideRitter
Member since Aug 2016
12634 posts
Posted on 8/23/17 at 1:10 pm to
quote:

It would be a huge gamble to dump multiple millions into an arena when you just don't know if the fans are going to fill the arena and buy merchandise


We dumped millions into a baseball stadium knowing that fans probably won't fill it and buy merchandise. I follow our baseball team, but I think we probably have a very low chance at getting a return on that investment.

The most recent numbers I could find (2015) for Alabama basketball show 12.78 million in revenue (4th in the SEC) and 5.62 million in profit (3rd in the SEC). LINK

If Ole Miss, Auburn, and Florida (all football schools that make less or equal to us on basketball) can do it, it's not really unrealistic to expect us to when we have one of if not the worst arena in the power 5.
This post was edited on 8/23/17 at 1:14 pm
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