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Thread: Louisiana athletics operated at $8 million deficit during 2023 fiscal year

  1. #21

    Default Re: Louisiana athletics operated at $8 million deficit during 2023 fiscal year

    Quote Originally Posted by Jacob81 View Post
    So the money generated(33.2m) is the same as 2022. We spent 8 million more than that. So I get that the lost 500k in ticket sales is a problem but isn’t the extra spending the bigger issue? If we sold 35,000 tickets for 6 games at $30 average. Thats 6.3 million. So we’d still be in the red.
    Does this include concession sales? I'd like to see total ticket sale revenue vs total concession revenue..

  2. #22

    Default Re: Louisiana athletics operated at $8 million deficit during 2023 fiscal year

    Quote Originally Posted by Scott Malkinson View Post
    1.5 mill in ticket sales in 2021 900k in 2022 less than 500k in 2023
    Sadly, this is not surprising based on game day attendance the last few years

  3. #23

    Default Re: Louisiana athletics operated at $8 million deficit during 2023 fiscal year

    Quote Originally Posted by ManAboutTown View Post
    How are you coming to this?
    Coming to what? We spent 8mil more than we made. Selling out football alone wouldn’t even overcome that deficit

  4. #24

    Default Re: Louisiana athletics operated at $8 million deficit during 2023 fiscal year

    Quote Originally Posted by Jacob81 View Post
    Coming to what? We spent 8mil more than we made. Selling out football alone wouldn’t even overcome that deficit
    Ticket sales are not the lone producer of revenue on game days.

  5. #25

    Default Re: Louisiana athletics operated at $8 million deficit during 2023 fiscal year

    Quote Originally Posted by Jacob81 View Post
    Coming to what? We spent 8mil more than we made. Selling out football alone wouldn’t even overcome that deficit
    Basketball is a huge loss every year under Marlin.

  6. #26

    Default Re: Louisiana athletics operated at $8 million deficit during 2023 fiscal year

    35,000 attendance x 6 games =210,000 at $30 a ticket average = 6.3 million. If that’s what you’re asking.


  7. #27

    Default Re: Louisiana athletics operated at $8 million deficit during 2023 fiscal year

    Quote Originally Posted by Jacob81 View Post
    35,000 attendance x 6 games =210,000 at $30 a ticket average = 6.3 million. If that’s what you’re asking.
    25k more people spending an average of 20 bucks in concessions at a game is an extra $3 million a year.

    Thats on concessions alone. Now add in apparel and merch. Parking, tailgating etc.

  8. #28

    Default Re: Louisiana athletics operated at $8 million deficit during 2023 fiscal year

    Quote Originally Posted by cajun4life View Post
    Basketball is a huge loss every year under Marlin.
    I'm sure those charter flights aren't helping

  9. #29

    Default Re: Louisiana athletics operated at $8 million deficit during 2023 fiscal year

    Ok so average person in attendance spends $50 8million%50=160,000%6= 26,667 people. So if we can average that many people at that price point we can get to the black.


    Get rid of Marlin and you’ll see 1-1.5k increase in attendance almost instantly as well.


  10. #30

    Default Re: Louisiana athletics operated at $8 million deficit during 2023 fiscal year

    Quote Originally Posted by facelessjonmoon View Post
    I'm sure those charter flights aren't helping
    I’m not against the charter flights, but we have a 12k seat arena and we can’t sell 2k in season tickets.

    It’s time to drastically reduce the base pay for football and basketball. Increase the incentive pay with attendance and season ticket sales.

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