tyndal23 wrote: ↑January 22nd, 2020, 10:00 pm
oldflame wrote: ↑January 22nd, 2020, 7:55 pm
tyndal23 wrote: ↑January 22nd, 2020, 6:41 pm
$10 per ticket x 6000 = $ 600,000 - is that tangible ?
Check your math.
Check also the capacity of the Vines Center.
Round it down to 9k - 4K = 5k turned away, but bump to $12 per ticket and my math us still right minus a zero....
Actually that means you had everything in the equation wrong, with the extra zero obviously the really egregious error.
So lets look at reality. 5000 is pretty close in the capacity difference. It may be a bit more, but we can round down and make it up and then some on the ticket price. Let's go all the way to $20. So......................
5,000 x $20 = $100,000 We pick up an extra 100 gs, right?
Wrong.
Having already given up home court advantage to play an enormously important game in an unfamiliar venue, are we going to then double down by limiting the number of students who can attend to the same 2000 who are admitted at the Liberty Arena? I would certainly hope not, and if we did, I highly doubt we could sell out. I would very conservatively say that at least 2000 of the 5000 extra butts in the seats will be students, which of course will not make us one extra cent. So.....................................
3000 x $20 = $60,000 That's still a lot, right?
Not so fast my friend.
From that 60 grand, you need to subtract the cost of changing the Vines to basketball mode and then back to Convo mode. I can't say I know exactly what that is, but it's enough to have been one of the main reason's why we decided to build the new arena in the first place. Let's conservatively say $5,000. In reality, it might require changing more than once, because after screwing the team over already, they at least need the opportunity to practice a couple of times in the Vines so they will have a teeny tiny bit of a home court advantage, right? So to avoid that, we schedule the game on a Tuesday night. The crew can make the changeover after Convo on Friday, and the team will have 3 full days to get used to the new setting. Right?
But wait a minute. Don't we usually play a game on Saturday? Like EVERY Saturday? Of course we do. So at most they would probably have 1 light practice and 1 full practice to acclimatize. Otherwise you are talking about more than one changeover.
Bottom line is that we would probably be looking at a net financial gain of about $50,000 MAX, and that is really skewing a couple of figures like the ticket price (a bit high) and the number of students (probably low) in favor of a larger gain than we will probably achieve. Is that tangible? I guess the answer is somewhat subjective, but I for one certainly hope that we will not start giving up our home court advantage for our biggest games based on that amount of money.