Mardi Gras at Cajun Field
There’s been a lot of talk about how much UL makes from the Mardi Gras festival. Here are the numbers.
I have all of the contracts for this year between the University and the Greater Southwest Louisiana Mardi Gras Association. There is a contract for rental of Blackham and French House exterior, and another contract for rental of Cajun Field parking lots.
1. Blackham Grounds and French House: total cost for the rental (minus security) is $7,224.00,
- Blackham Grounds Cost: $728 per day (regular $1,300 less 44 percent discount) for 9 days = $6,552
- French House Exterior Cost: $168 per day (regular $300 less 44 percent discount) for 4 days = $672.00
2: Cajun Field Parking Lots: total cost for rental of various lots (minus security) is $12,880.00. The cost per lot is $280 per day, which represents $500 less 44 percent discount.
- Feb. 12-14: only Lot 2
- Feb. 15-16: Lots 1, 2, and 3
- Feb. 17-21: Lots 1, 2, 3, 4, 5, and Lite Center
- Feb. 22: Lots 1, 2, 3, 4, and 5
- Feb. 23: Lot 2 only
So total rental of space is $20,104. Additionally, the university takes 5 percent of the total parking revenue and 5 percent of the total RV parking revenue. The association hasn’t turned in the revenue statement yet but I have requested it be sent to me when it becomes available.
This does not include security, which is $70 per hour. There’s 22.5 security hours for Blackham/French House and 2,079 security hours for Cajun Field. Grand total for security = $147,105.
Re: Mardi Gras at Cajun Field
Does each department of the university that usually operates the rented properties receive the proceeds or do the funds go to a general fund or similar?
It’s not a lot of money in the overall scheme of things, just curious about the paper trail.
Re: Mardi Gras at Cajun Field
Now do the Car Show, so we can all laugh at how ridiculous that deal is.
Re: Mardi Gras at Cajun Field
Quote:
Originally Posted by
ULvictory
Now do the Car Show, so we can all laugh at how ridiculous that deal is.
Does the car show even exist anymore?
Re: Mardi Gras at Cajun Field
Quote:
Originally Posted by
ULvictory
Now do the Car Show, so we can all laugh at how ridiculous that deal is.
For 2020 (was cancelled due to Covid), the cost for the car show was $12,750. This included $1,650 per day for the five day sale, and $500 for nine days to move in and out.
However, I think the rate was dropped to $8,600.
Re: Mardi Gras at Cajun Field
My own personal wedding venue's rental cost for a few hours was more than Blackham Grounds, French House, and Cajun Field combined lol.
Re: Mardi Gras at Cajun Field
And UL bends over once again...this time its a dry plung...
Re: Mardi Gras at Cajun Field
Quote:
Originally Posted by
LouisianaB
Grand total for security = $147,105.
How much of this is University Police?
Re: Mardi Gras at Cajun Field
Quote:
Originally Posted by
Turbine
How much of this is University Police?
That's a question sparky should ask...
Re: Mardi Gras at Cajun Field
Quote:
Originally Posted by
LouisianaB
For 2020 (was cancelled due to Covid), the cost for the car show was $12,750. This included $1,650 per day for the five day sale, and $500 for nine days to move in and out.
However, I think the rate was dropped to $8,600.
Yup, around $12k was what I was told. Laughable.
Re: Mardi Gras at Cajun Field
Quote:
Originally Posted by
Turbine
How much of this is University Police?
Believe it is all
Re: Mardi Gras at Cajun Field
Quote:
Originally Posted by
LouisianaB
There’s been a lot of talk about how much UL makes from the Mardi Gras festival. Here are the numbers.
I have all of the contracts for this year between the University and the Greater Southwest Louisiana Mardi Gras Association. There is a contract for rental of Blackham and French House exterior, and another contract for rental of Cajun Field parking lots.
1. Blackham Grounds and French House: total cost for the rental (minus security) is $7,224.00,
- Blackham Grounds Cost: $728 per day (regular $1,300 less 44 percent discount) for 9 days = $6,552
- French House Exterior Cost: $168 per day (regular $300 less 44 percent discount) for 4 days = $672.00
2: Cajun Field Parking Lots: total cost for rental of various lots (minus security) is $12,880.00. The cost per lot is $280 per day, which represents $500 less 44 percent discount.
- Feb. 12-14: only Lot 2
- Feb. 15-16: Lots 1, 2, and 3
- Feb. 17-21: Lots 1, 2, 3, 4, 5, and Lite Center
- Feb. 22: Lots 1, 2, 3, 4, and 5
- Feb. 23: Lot 2 only
So total rental of space is $20,104. Additionally, the university takes 5 percent of the total parking revenue and 5 percent of the total RV parking revenue. The association hasn’t turned in the revenue statement yet but I have requested it be sent to me when it becomes available.
This does not include security, which is $70 per hour. There’s 22.5 security hours for Blackham/French House and 2,079 security hours for Cajun Field. Grand total for security = $147,105.
Whatever the university makes is icing on the cake.