Tanner Holmes Transferring

[BabbForHeisman]

Math just doesn't add up with the numbers I have my hands on. Gameday revenue for all of 2012 season was just under $2,000,000. So by losing $500k per game, that means our gameday revenue now should be $0?

Look at it this way. Hudspeth's pay was calculated based on the assumption that he would continue to increase excitement around the program and that we would average 30K in attendance. (I don't know that for a fact, that's just a general assumption)

So now we are averaging 20K. The difference is 10K times an average of probably $30 per ticket. That gets you to $300K before you even factor in concessions and merch. So I could very easily see the number ending up near $500K.

It's not lost revenue because we never had it in the first place. But it is lost opportunity.

[Turbine]

CN, with all due respect, there is a thread to discuss the Aggie game.

With all due respect there is a fire Hud thread but you don't seem to mind the piling over of Hud's shortcomings in your a kid is transferring thread.

[LouisianaB]

With all due respect there is a fire Hud thread but you don't seem to mind the piling over of Hud's shortcomings in your a kid is transferring thread.

Could they not be connected?

[Turbine]

Could they not be connected?

Of course the game is connected when the kid is walking away game week.

But I don't think a thread merge is in order.

[ManAboutTown]

With all due respect there is a fire Hud thread but you don't seem to mind the piling over of Hud's shortcomings in your a kid is transferring thread.

If it's a big problem, go ahead and add the comments to the other thread. At least it seems you've grown some balls and are allowing us to actually discuss what the hell is going on around here for a change.

I've also only answered other posters in this thread.

ALSO, I'm not piling on to anything. I'm simply stating facts, and discussing chatter amongst football players and people close to our subject matter. I know you hate inconvenient truths, but there is no need to get snappy with me, puddin'.

[GeauxLouisiana]

I'm gunna try to do this quickly, busy today.
Was just texting with Mel, and we kinda worked our way though those numbers.

In 2014/2015, season ticket sales hit 13700+, but we'll use 13700. Average ticket price, low to high, came out to $213 a package. This number is not including corporate, family 5 pack, or suite sales.

13700 x $213 = $2.91 Mil

This year, we're right at 7100 ticket sales (which btw, is La Tech / Tualne bad)

7100 x $213 = $1.5 Mil / 5 home games (we're extrapolating opening night over the course of the season. Atually could get worse.)

The difference is approx $280k per game in losses.

Also, considering modest number of walk up sales, tailgating losses, concessions (which we do not receive but maybe 20% of, I'm aware). Easily can add $130k per game.

That difference is easily over $400k PER GAME. We still don't have all the revenue figures, but that $500k figure didn't just appear out of thin air.

So, can we afford to buyout our HC? More like, can we afford to keep him?

I agree with the number of season tickets sold, but you need to include ALL tickets sold when comparing revenue to tickets sold. Also, season ticket revenue is $135/ticket in reserved seating.
The rest goes to the Foundation for the Excellence Fund.

Season ticket sales dropped by 6,600 with a ticket price of $135, that's a drop of $891,000 ($162,000 per game; I used 5.5 games as we only have 5 this year versus 6 in previous years). Still not a good sign for this program as our program was one of the best G5 progrmas at generating ticket sales revenue. I'd say we have a generous amount of walkup sales. If season ticket sales are only 7,100, then we had around 11,000 gameday sales on September 2 (attendance was around 18,000).

The $500k didn't appear at of thin air, but was overstated by the OP to further drive home his point. My thing is, I'd like to see a more accurate number.

[BananaHammock]

I would agree that the drop in revenue per game has to be fairly significant. The first 2 years of Hud's tenure had people really fired up about the football program. People that had almost never stepped foot in Cajun Field previously were showing interest and could feel the excitement. There were really good crowds the first several years and I think most people felt things were finally going in the right direction.

These days you can see the frustration in peoples demeanor, you can see the decreased attendance, you can see the lack of enthusiasm. The race is over with this horse, time to start looking in the stable.

[Turbine]

No one can argue against the fact that losing games cost the school money.

[ManAboutTown]

I agree with the number of season tickets sold, but you need to include ALL tickets sold when comparing revenue to tickets sold. Also, season ticket revenue is $135/ticket in reserved seating.
The rest goes to the Foundation for the Excellence Fund.

Season ticket sales dropped by 6,600 with a ticket price of $135, that's a drop of $891,000 ($162,000 per game; I used 5.5 games as we only have 5 this year versus 6 in previous years). Still not a good sign for this program as our program was one of the best G5 progrmas at generating ticket sales revenue. I'd say we have a generous amount of walkup sales. If season ticket sales are only 7,100, then we had around 11,000 gameday sales on September 2 (attendance was around 18,000).

The $500k didn't appear at of thin air, but was overstated by the OP to further drive home his point. My thing is, I'd like to see a more accurate number.

Fair enough. Again, I wasn't given specific item line numbers.
Even using your numbers, we end up somewhere between 330k and 380k.
Times 5 this year but usually 6 games per year..

It's still $1.75 Mil to $2.1 Mil in potential losses. For this program, that's awfully concerning.

[Turbine]

If it's a big problem, go ahead and add the comments to the other thread. At least it seems you've grown some balls and are allowing us to actually discuss what the hell is going on around here for a change.

I've also only answered other posters in this thread.

ALSO, I'm not piling on to anything. I'm simply stating facts, and discussing chatter amongst football players and people close to our subject matter. I know you hate inconvenient truths, but there is no need to get snappy with me, puddin'.

Some of us are credulous, some are incredulous.

I'm struggling to comprehend the big deal here in this current situation and reading about past failings isn't clearing it up for me.