(06-06-2013 02:42 PM)HP-TBDPITL Wrote: (06-06-2013 12:28 PM)ShoreBuc Wrote: 60k is just a matter of common sense planning. ECU continues to grow its student population and unlike UNCheat and NCST we are not land locked and have plenty of room to grow and expand our enrollment. The population of Greenville and Eastern NC also continues to grow so 60k capacity is not overly aggressive by any measure IMO. Those extra seats also make it much easier to schedule home and home with regional P5 teams and take away any excuse that North Carolina P5 schools have for not visiting Greenville.
That type capacity also allows the marketing side of the ECU ticket office to offer more economy plan seats to less attractive games and also get some new blood in the stadium for the bigger games which can result in future ticket sales or season ticket sales. If the only thing ECU ever did was average 45=48k fans in a 60k seat stadium then it would still be worth while IMO to improve the look of Ficklen by expanding the South Side with a Press box, additional seats/luxury suites and office space/student facilities that would all be included in the construction. With the right schedules we would average 55k+ per game or worst case 48k+ per game but it is the right thing to do and our leadership is going to make it happen.
Agreed...good post. Even if you average 55K in a 60K stadium, it is worth expanding. There is revenue in suites and another club level as well as ticket sales and I'm betting ECU is looking for other money for the pressbox and academic support functions.
But the bigger factor is just the "ability" to host 58 or 60K. Its a recruiting thing, its an aesthetic thing (front and back). Its a scheduling thing, and we are talking about a market that seems to get closer and closer to the large RDU market every day...its no longer a rinky dink town and a rinky dink stadium. Its big time college football that shows well on TV with a passionate student section and fanbase and is really what college football is all about.
Yeah, it's simple math, example, say the upper deck will hold 6,000, a Club level of 3,500 and say 16 luxury suites with a total of 500 seats...........
The suites will be pre sold on contract every five years at say $250,000 a season, that's 4 million a year in revenue.
The club will sell out every year, no matter if the all show up to every game or not.
3,500, $300 a seat, that's 1,050,000 a year
Then say of the remaining 6,000 newly opened only 3,000 are sold, average per seat cost is $40 per game, that's another 720,000 a year
That's a total revenue increase of $5,770,000 only filling about half the seats on ticket sells alone, that's not counting parking, concessions, on site merchandise sells, increased PC memberships and giving levels.
Nearly $6 million a year or not, which is the better choice???????