CrunchGriz
Well-known member
Re/MaxGriz said:I'll leave all of you to argue over where the annual $5.8M-$10M will come from.
- Raise ticket prices. (that wouldn't be super popular, but probably would have to be done).
- Increase corporate sponsorships, marketing events. (Might be easier to do that expected with more teams/players/events).
- TV/Conference/Bowl revenues. (a lot of that will hinge on success).
- Larger stadiums + continued success = more ticket sales/fans/merchandise (best-case scenario, what if the teams cannot preform and lose fan base?)
*** However - I don't think any of those will make up enough $$ each year and some are based on success and you should build a solid budget on what might possibly happen, but what will happen for sure, the unknows that came in should be treated as bonuses. ***
To a large degree, both of the bolded items above are already included in the calculation that comes out at $5.8M annual increase in required funding (30,000 seat stadium, conference payments for TV and bowl bowl game revenues).
You could always make the stadium even larger if the demand increases even more, but this would be offset to some degree by the increased debt service for the extra construction.