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Thread: Mississippi State in the 'Dome – Financial Details

  1. UL Football Mississippi State in the 'Dome – Financial Details

    Cajuns to get majority of ticket revenue from the game.



  2. #2

    Default Re: Mississippi State in the 'Dome – Financial Details

    Quote Originally Posted by NewsCopy View Post
    Cajuns to get majority of ticket revenue from the game.


    We actually started thinking about a home game in the Superdome not long after I first got here,” athletic director Scott Farmer said.

    So based on that timeline we should expect the Alden report to be fully implemented by 2035.

    Looking at the numbers...this is a ____ deal. I could be wrong, and please correct me if I make a huge error. In 2018 Mississippi State will host us. They don't have to pay us a dime to come to their stadium. They have 100% of the expenses, and 100% of the revenues, and with a sell out like I'm sure it will be, is a small fortune. With about 61,000 seats, let's use $40 a seat just to keep the numbers simple, and $200,000 like it would cost the Superdome again just to keep things simple. That's revenue of $2,440,000, and expenses of $200,000, for a net profit of $2,240,000. That's not bad, and they have zero guarantee they would have to pay so it's all gravy. Man they made out like bandits...glad they found a willing accomplice to fleece.


    2019 we head down to New Orleans to play them. Revenue sales will take care of expenses up to $200,000. I doubt the Superdome will sell out, but let's keep things equal here and say 61,000 at $40 a seat also. That's revenue of $2,440,000, and expenses of $200,000, for a net profit of $2,240,000. UL gets 57% of that, for $1,276,800. Miss St gets $963,200.

    So all in all UL gets $1,276,800...Miss State gets $3,203,200...over a two year period. The problem is, we could make that kind of money with a sell out of our own with a quality SEC opponent, and we wouldn't have to give them anything from the gate. That would not only benefit the University, but the city itself. Now...we are punting everything and giving all the benefit to New Orleans.

    I don't see the reason why a 2 for 1 without a guarantee is a problem for us. It brings the quality programs people want to see to Cajun Field. Not to New Orleans. This deal does way more for Miss State as a program, than it does for UL.

  3. #3

    Default Re: Mississippi State in the 'Dome – Financial Details

    If this is a home game, they need to be in the season ticket package. At the same value as a game at Cajun Field.


  4. #4

    Default Re: Mississippi State in the 'Dome – Financial Details

    Quote Originally Posted by RaisingCajun08 View Post
    If this is a home game, they need to be in the season ticket package. At the same value as a game at Cajun Field.

    Not gonna happen. What you will get though is a ticket order form in your season ticket package to reserve your seats for that game. We are getting jobbed but hey what more could you ask for. I love the idea of the game itself, but the guts of the operation stink like Fot Sarmers incompetent A55

  5. #5

    Default Re: Mississippi State in the 'Dome – Financial Details

    Quote Originally Posted by scotto_25 View Post
    Not gonna happen. What you will get though is a ticket order form in your season ticket package to reserve your seats for that game. We are getting jobbed but hey what more could you ask for. I love the idea of the game itself, but the guts of the operation stink like Fot Sarmers incompetent A55
    Stop it all you faceless buffoons! BTW, I hit BOP up on twitter yesterday and asked why his story did not include Rusty Clotier. Kudos to him for setting the record straight, no deal would have happened without him.

  6. Default

    Quote Originally Posted by cajunhawk View Post
    We actually started thinking about a home game in the Superdome not long after I first got here,” athletic director Scott Farmer said.

    So based on that timeline we should expect the Alden report to be fully implemented by 2035.

    Looking at the numbers...this is a ____ deal. I could be wrong, and please correct me if I make a huge error. In 2018 Mississippi State will host us. They don't have to pay us a dime to come to their stadium. They have 100% of the expenses, and 100% of the revenues, and with a sell out like I'm sure it will be, is a small fortune. With about 61,000 seats, let's use $40 a seat just to keep the numbers simple, and $200,000 like it would cost the Superdome again just to keep things simple. That's revenue of $2,440,000, and expenses of $200,000, for a net profit of $2,240,000. That's not bad, and they have zero guarantee they would have to pay so it's all gravy. Man they made out like bandits...glad they found a willing accomplice to fleece.


    2019 we head down to New Orleans to play them. Revenue sales will take care of expenses up to $200,000. I doubt the Superdome will sell out, but let's keep things equal here and say 61,000 at $40 a seat also. That's revenue of $2,440,000, and expenses of $200,000, for a net profit of $2,240,000. UL gets 57% of that, for $1,276,800. Miss St gets $963,200.

    So all in all UL gets $1,276,800...Miss State gets $3,203,200...over a two year period. The problem is, we could make that kind of money with a sell out of our own with a quality SEC opponent, and we wouldn't have to give them anything from the gate. That would not only benefit the University, but the city itself. Now...we are punting everything and giving all the benefit to New Orleans.

    I don't see the reason why a 2 for 1 without a guarantee is a problem for us. It brings the quality programs people want to see to Cajun Field. Not to New Orleans. This deal does way more for Miss State as a program, than it does for UL.
    We can get over a million per game without sharing as a visitor. You and I are fishing in the same pond.

  7. #7

    Default Re: Mississippi State in the 'Dome – Financial Details

    The only way we should have allowed them to not pay us a dime to go was to ensure we would get a home game out of it. That's crap. So basically, we have to go play an SEC team at their place and not get paid which is the biggest factor in us actually scheduling them in the first place and then we have to do the return trip in the dome where we barely get more than the majority for the gate........ And Farmer is happy about this? If I was 1420 and Farmer, i would have used a PR angle to downplay it rather than trying to impress everybody.


  8. #8

    Default

    Quote Originally Posted by zephyr View Post
    The only way we should have allowed them to not pay us a dime to go was to ensure we would get a home game out of it. That's crap. So basically, we have to go play an SEC team at their place and not get paid which is the biggest factor in us actually scheduling them in the first place and then we have to do the return trip in the dome where we barely get more than the majority for the gate........ And Farmer is happy about this? If I was 1420 and Farmer, i would have used a PR angle to downplay it rather than trying to impress everybody.
    Stop it Zephyr, faceless buffoon!

  9. #9

    Default Re: Mississippi State in the 'Dome – Financial Details

    OOK OOK OOK....👀


  10. #10

    Default Re: Mississippi State in the 'Dome – Financial Details

    Quote Originally Posted by scotto_25 View Post
    Not gonna happen. What you will get though is a ticket order form in your season ticket package to reserve your seats for that game. We are getting jobbed but hey what more could you ask for. I love the idea of the game itself, but the guts of the operation stink like Fot Sarmers incompetent A55
    Yes, I agree with your comment. Honestly, if Farmer is still around in 2019 and I have to pay extra for this ticket, there is a VERY good chance that I will watch it from home. If that is the case, I hope we lose our ___ financially.

  11. #11
    Cajunjeb is offline Ragin Cajuns of Louisiana Ragin' Cajuns Fan for Sure

    Default

    Quote Originally Posted by cajunhawk View Post
    We actually started thinking about a home game in the Superdome not long after I first got here,” athletic director Scott Farmer said.

    So based on that timeline we should expect the Alden report to be fully implemented by 2035.

    Looking at the numbers...this is a ____ deal. I could be wrong, and please correct me if I make a huge error. In 2018 Mississippi State will host us. They don't have to pay us a dime to come to their stadium. They have 100% of the expenses, and 100% of the revenues, and with a sell out like I'm sure it will be, is a small fortune. With about 61,000 seats, let's use $40 a seat just to keep the numbers simple, and $200,000 like it would cost the Superdome again just to keep things simple. That's revenue of $2,440,000, and expenses of $200,000, for a net profit of $2,240,000. That's not bad, and they have zero guarantee they would have to pay so it's all gravy. Man they made out like bandits...glad they found a willing accomplice to fleece.


    2019 we head down to New Orleans to play them. Revenue sales will take care of expenses up to $200,000. I doubt the Superdome will sell out, but let's keep things equal here and say 61,000 at $40 a seat also. That's revenue of $2,440,000, and expenses of $200,000, for a net profit of $2,240,000. UL gets 57% of that, for $1,276,800. Miss St gets $963,200.

    So all in all UL gets $1,276,800...Miss State gets $3,203,200...over a two year period. The problem is, we could make that kind of money with a sell out of our own with a quality SEC opponent, and we wouldn't have to give them anything from the gate. That would not only benefit the University, but the city itself. Now...we are punting everything and giving all the benefit to New Orleans.

    I don't see the reason why a 2 for 1 without a guarantee is a problem for us. It brings the quality programs people want to see to Cajun Field. Not to New Orleans. This deal does way more for Miss State as a program, than it does for UL.
    Do you think the difference could be recruiting opportunities and marketing/publicity?

  12. #12

    Default Re: Mississippi State in the 'Dome – Financial Details

    Why would we play Mississippi St for free ??? Dumb,


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