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Financial Impact of no football in Missoula? No Fans in stands?

B

Brother Bear

Well-known member
"The worst-case scenario from a budget standpoint is if we had a fall where we played football but couldn't have any fans in the stadium," said Martin. "So you have all the expenses associated with football, the travel, the cost to bring teams in here in non-conference games, but still have those expenses but not have any revenue to make up." According to Martin, if the Griz went that route they would be staring at a $6.5-7 million loss in revenue. Not only would that majorly affect the football program but other athletic programs at UM, as well.

https://www.montanasports.com/sports/big-sky-conference/montana-grizzlies/altered-or-canceled-football-season-would-have-ripple-effect-on-montana-griz-athletics

What is at stake for the city of Missoula? According to a study by the Bureau of Business and Economic Research at Montana that was conducted in 2016, Griz football alone is responsible for bringing in an estimated $2.53 million worth of spending from out-of-area attendees per each home game. With inflation rates over the past few years, it's possible that number has gone up slightly, and Montana is scheduled to have six home games in the 2020 season.

https://www.montanasports.com/sports/big-sky-conference/montana-grizzlies/if-montana-griz-football-is-canceled-heres-whats-at-stake-for-missoulas-economy

2016 Study can be found here:
http://www.bber.umt.edu/pubs/econ/UMAthleticImpact2016.pdf

------------------------
Sportico's Coffey gets insights from Wall Street on how the near-term trajectory of college athletics is being received in the municipal bond market. Straight to the point from one unnamed trader, "Bonds used for athletic improvements will fall apart if there’s a second wave of COVID-19 and no TV or attendance revenue from college sports." FitchRatings Senior Director Lewis: "There is the incentive on the university side to step in. The university either recognizes or doesn’t recognize the sports program is instrumental to their livelihood." DPC Data executive & longtime trader Nguyen: "The irony is they’re used to being highly rated credits—the larger schools with the larger football programs. This changes the game. My sense is we’ll probably see some downgrades."

https://www.sportico.com/2020/business/finance/debt-laden-college-football-programs-making-muni-market-nervous-1234608360/
 
Brother Bear said:
What is at stake for the city of Missoula? According to a study by the Bureau of Business and Economic Research at Montana that was conducted in 2016, Griz football alone is responsible for bringing in an estimated $2.53 million worth of spending from out-of-area attendees per each home game. With inflation rates over the past few years, it's possible that number has gone up slightly, and Montana is scheduled to have six home games in the 2020 season.

https://www.montanasports.com/sports/big-sky-conference/montana-grizzlies/if-montana-griz-football-is-canceled-heres-whats-at-stake-for-missoulas-economy

2016 Study can be found here:
http://www.bber.umt.edu/pubs/econ/UMAthleticImpact2016.pdf
Click to expand...
We spend an average $1000/game for 4 attendees traveling in the same car - divided about equally among 3 categories: (1.) Campus - tickets, concessions, bookstore; (2.) Auto expense - mileage; (3.) Accommodation/meals/shopping - Missoula.

The Missoula component is more for November noon starts that require a two night stay.
 
kemajic said:
Brother Bear said:
What is at stake for the city of Missoula? According to a study by the Bureau of Business and Economic Research at Montana that was conducted in 2016, Griz football alone is responsible for bringing in an estimated $2.53 million worth of spending from out-of-area attendees per each home game. With inflation rates over the past few years, it's possible that number has gone up slightly, and Montana is scheduled to have six home games in the 2020 season.

https://www.montanasports.com/sports/big-sky-conference/montana-grizzlies/if-montana-griz-football-is-canceled-heres-whats-at-stake-for-missoulas-economy

2016 Study can be found here:
http://www.bber.umt.edu/pubs/econ/UMAthleticImpact2016.pdf
Click to expand...
We spend an average $1000/game for 4 attendees traveling in the same car - divided about equally among 3 categories: (1.) Campus - tickets, concessions, bookstore; (2.) Auto expense - mileage; (3.) Accommodation/meals/shopping - Missoula.

The Missoula component is more for November noon starts that require a two night stay.
Click to expand...

I agree. We fly in from Anchorage for at least 3 home games and it costs me around $3,000 per trip for my family or $1,500 if I travel by myself to attend.
 
....talking with a fellow the other day that is involve with college athletics' ( no sure what he does ) but
says public colleges will play this year...private colleges who have large endowments may not play..
he said public colleges have to play do to financial needs...it may look different but he said they will play!
 
...also they will keep the team isolated from the other students... teachers will teach them privately but the
team will be separated from the campus...it's going to be interesting but not sure how its going to work for
each team..
guys have girlfriends..guys have social lives..but he said they have to play to keep programs alive!..will see!
 
Spanky2 said:
Ghost, I don’t think UM will be playing football until spring, if there is a vaccine.
Click to expand...

....l have prepared myself for that...no football..sorry to say...I think federal government
grants will be issued for any short falls in revenue!
 
Sun Jul 05, 2020 11:00 am

Spanky2 wrote: ↑Sun Jul 05, 2020 10:29 am
Ghost, I don’t think UM will be playing football until spring, if there is a vaccine.
....l have prepared myself for that...no football..sorry to say...I think federal government
grants will be issued for any short falls in revenue!

But wait, wouldn't that be socialism. And I know how you all puke in your mouth about that
 
sdk.catfish said:
Sun Jul 05, 2020 11:00 am

Spanky2 wrote: ↑Sun Jul 05, 2020 10:29 am
Ghost, I don’t think UM will be playing football until spring, if there is a vaccine.
....l have prepared myself for that...no football..sorry to say...I think federal government
grants will be issued for any short falls in revenue!

But wait, wouldn't that be socialism. And I know how you all puke in your mouth about that
Click to expand...
Socialism is actually something far different than that. No wonder you like it; you have no idea what it is.
 
FROM KEM
Sun Jul 05, 2020 7:45 pm

Socialism is actually something far different than that. No wonder you like it; you have no idea what it is.
Click to expand...

Ok Kem, here is one definition of socialism "a political and economic theory of social organization which advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole."

So if you are saying that Government reimbursing UM for playing no football because that would be the death blow for UM football isn't using taxpayer dollars for "regulating the economy for the community as a whole", then just what would it be? Please provide your (documented) definition of socialism. By the way do you collect social security, use medicare, drive on government maintained roads, depend on government provided law enforcement, etc? All socialism - and it aint so bad.
 
sdk.catfish said:
FROM KEM
Sun Jul 05, 2020 7:45 pm

Socialism is actually something far different than that. No wonder you like it; you have no idea what it is.
Click to expand...

Ok Kem, here is one definition of socialism "a political and economic theory of social organization which advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole."

So if you are saying that Government reimbursing UM for playing no football because that would be the death blow for UM football isn't using taxpayer dollars for "regulating the economy for the community as a whole", then just what would it be? Please provide your (documented) definition of socialism. By the way do you collect social security, use medicare, drive on government maintained roads, depend on government provided law enforcement, etc? All socialism - and it aint so bad.
Click to expand...
Having social components within capitalism is not unusual and certainly does not constitute socialism. The Green New Deal would.
 
sdk.catfish said:
FROM KEM
Sun Jul 05, 2020 7:45 pm

Socialism is actually something far different than that. No wonder you like it; you have no idea what it is.
Click to expand...

Ok Kem, here is one definition of socialism "a political and economic theory of social organization which advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole."

So if you are saying that Government reimbursing UM for playing no football because that would be the death blow for UM football isn't using taxpayer dollars for "regulating the economy for the community as a whole", then just what would it be? Please provide your (documented) definition of socialism. By the way do you collect social security, use medicare, drive on government maintained roads, depend on government provided law enforcement, etc? All socialism - and it aint so bad.
Click to expand...
Social Security is not socialism, it is a Ponzi scheme.
 
sdk.catfish said:
Sun Jul 05, 2020 11:00 am

Spanky2 wrote: ↑Sun Jul 05, 2020 10:29 am
Ghost, I don’t think UM will be playing football until spring, if there is a vaccine.
....l have prepared myself for that...no football..sorry to say...I think federal government
grants will be issued for any short falls in revenue!
Click to expand...

...if I had my way I pack the stands out ( without mask)and sell beer but unfortunately a lot of people
don't see it that way and I respect that so there's a give and take game going on...
do I like it no! ...socialism can kiss my ass but I realize some of you have been indoctrinated...
 
grizghost said:
sdk.catfish said:
Sun Jul 05, 2020 11:00 am

Spanky2 wrote: ↑Sun Jul 05, 2020 10:29 am
Ghost, I don’t think UM will be playing football until spring, if there is a vaccine.
....l have prepared myself for that...no football..sorry to say...I think federal government
grants will be issued for any short falls in revenue!
Click to expand...

...if I had my way I pack the stands out ( without mask)and sell beer but unfortunately a lot of people
don't see it that way and I respect that so there's a give and take game going on...
do I like it no! ...socialism can kiss my ass but I realize some of you have been indoctrinated...
Click to expand...

What does that even mean? Someone who doesn’t agree with you is an indoctrinated socialist? You throw out
Lefty, Marxist, globalist, elites, what does that even mean anymore. Why don’t you explain your politic ethos, you can articulate one? Why not respond to the argument catfish made. Or not :thumb:

Ps. Did you like grow up in the 50s or 60s during the height of the Cold War, because I just don’t think those old tropes mean anything today. Are you like a John Bircher or something? Serious questions so I can better follow your logic Thanks
 
Dutch Lane said:
grizghost said:
...if I had my way I pack the stands out ( without mask)and sell beer but unfortunately a lot of people
don't see it that way and I respect that so there's a give and take game going on...
do I like it no! ...socialism can kiss my ass but I realize some of you have been indoctrinated...
Click to expand...

What does that even mean? Someone who doesn’t agree with you is an indoctrinated socialist? You throw out
Lefty, Marxist, globalist, elites, what does that even mean anymore. Why don’t you explain your politic ethos, you can articulate one? Why not respond to the argument catfish made. Or not :thumb:

Ps. Did you like grow up in the 50s or 60s during the height of the Cold War, because I just don’t think those old tropes mean anything today. Are you like a John Bircher or something? Serious questions so I can better follow your logic Thanks
Click to expand...

..sorry I must have miss it? ...did catfish ask me a question who did he just make a statement?..btw l did not grow up
in the 50s and 60s but l do remember when the Berlin wall came down!....anyway l do enjoy the entertainment you provide
and the funny sh&t you say because l know you really don't believe it...thanks for playing :thumb:
 
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