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Putting the pin back in the grenade...if possible
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Hokie Mark Offline
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Post: #21
RE: Putting the pin back in the grenade...if possible
(01-03-2024 07:04 AM)Garrettabc Wrote:  
(01-02-2024 09:26 PM)SouthernConfBoy Wrote:  
(01-02-2024 08:42 PM)esayem Wrote:  
(01-02-2024 07:19 PM)Garrettabc Wrote:  
(01-02-2024 06:30 PM)random asian guy Wrote:  There is some irony here.

I think FSU’s posture definitely helped many other ACC schools to vote for the expansion.

It's a short term money grab by the other 14 schools. I'm not really against this strategy as I was pleased with it, but after they get full shares those travel expenses will start to add up.

Of the 3 that voted against this expansion, it seems to me that FSU should have been the least against. Stan and Cal do bring a little more excitement than BC, Wake, Duke, UVA and on par with SU, Pitt, UNC. Getting a toe in Texas was a good strategy and SMU has TCU potential.

Clem and UNC should be fussing the most, up until now, most of their games were within a 5 hour drive.

The travel has been addressed with Dallas being a halfway point for various matches and meets etc.

The ACC programs are making something like three or four times the amount of money they were 20 years ago. That money dwarfs what it used to, even with inflation calculated. I don’t feel any program is hurting for money. It’s all coveting thy neighbor’s media deal. It’s like “I have two Mercedes Benz but I want four!”

FSU has the problem that all "new money" has when attempting to run with the rich. They have some money, but they are not multi-generationally wealthy. In their own state Florida has 50-60K more alums, but they are older and wealthier. The graduate school advantage UF has is big. The UF endowment is over twice what FSU's endowment is. In the region FSU's endowment runs behind Miami's, Bama's, Auburn's and Georgia's. The really killer is that money wise FSU is locked out of Atlanta and Nashville and the money aggregated there. Vandy's endowment is $11 B. GT and Emory combined is $14 B.

FSU is not "poor" by most metrics, but they play with the "rich kids".

Because they need every dollar, they overbuilt their stadium starting when they joined the ACC they added 7,000 seats to bring Doak to 70K. Eventually they brought it to 84K which was a solid 10-15K more than needed when FSU is not undefeated.

That's the key to FSU attendance, they have to win. It's not like at Clemson or NC State where the fans will attend a body bag game in the rain.

They have painted themselves into a corner with their fanbase and they have insulted everyone in the ACC. No one trusts them to keep their mouths shut and that's the most important thing in the entire relationship with other schools - you keep it private.

By that logic, then most ACC schools over built their stadium. The last 2 including the current major renovations are for improved fan experience enhancements. The seats just so happens to be the causality. I hope they don’t price out faithful fans in tough economic conditions.

Clemson, NC State, and Virginia Tech are the best examples of stadium sizing, IMO. Even when those teams are bad - and hosting a team no one knows - they still fill up at least 95% or so. When the home team is good, every game is a sellout, at least at Clemson and VT. What that does is keeps the bottom from dropping out of ticket prices - the demand is always there because you know you might not get a ticket to the next game.
01-03-2024 08:37 AM
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b2b Online
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Post: #22
RE: Putting the pin back in the grenade...if possible
(01-01-2024 07:04 PM)SouthernConfBoy Wrote:  
(01-01-2024 06:54 PM)Garrettabc Wrote:  
(01-01-2024 06:40 PM)SouthernConfBoy Wrote:  Garrett, I don't know where you get your information. So much of it is wrong.

Use ProPublica and you can download the ACC's taxes for the last 20 years.

The ACC office operates on the basis of about a half share of revenue, In 2012 the office operation was 10.6 Million against income of $231 million. In 2022 that number was $21 million versus income of $616 Million. The league office gets about what ND games, plus or minus a million or two.

Total income for the ACC was

$134 M in FY 10
$214 M in FY 13
$405 M in FY 17
$616 M in FY 22

The per school payout last year was $39.4 million per full time school. It's on page 2 of schedule A of last year's report.
The per school payout in fy 2011 was $12.5 million per full time school. It's on page 1 of schedule A of that year's report.

The expenses of the office have gone up 98% in 12 years. Per school revenue per school has gone up 350% in 12 years.

I thought you had a business school and a school of public policy at FSU. In those schools you are supposed to mint accountants and money managers. The liars and dissemblers are supposed to hang out in the law school or in the b school with the future real estate agents. So much of your information is wrong that it makes you seem like a troll. But having looked at FSU's books and filings online, it may be that people from those parts really don't understand the difference between cash accounting, accrual and modified accrual.

I was always told the ACC office got a full share, like the other members. If that is not the case then I take it back. I distinctly remember the ACC signing a contract with ESPN in around 2012 at an average of $12m per member over a 13 year period; it starts low and escalates, thats where I got the $9m for that year. I figured the operating budget would have doubled with 50% more members and inflation since then.

The dirty little secret inside the ACC is that a big TV payday does not help certain schools raise money - it in fact retards those efforts and causes negative publicity. This is the case at UVa, VT, UNC, Duke, WF, and NC State. It's a Tidewater Atlantic/Presbyterian/Episcopalian cultural thing. Up until maybe 5 years ago just talking about it was gauche.

I assume the mindset is something along the lines of...

"they're making all this money off television so why I do need to buy tickets?"
01-03-2024 01:25 PM
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CardFan1 Offline
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Post: #23
RE: Putting the pin back in the grenade...if possible
(01-02-2024 08:53 AM)cuseroc Wrote:  
(01-02-2024 06:09 AM)XLance Wrote:  It has become obvious that Florida State (administration and fans) no longer feel they "fit" in the ACC model.
The rest of the conference is not going to change just to accommodate one school. It's time the 'Noles moved on.
It's unfortunate that the conference will have to use the court system to get Florida State to live up to their obligations.

There is no going back at this point. The pin can not be put back in the grenade.
Florida State will have to face the consequences of their actions, and the ACC will move on.

I agree. Its like dejavu with the Pitt and Syracuse and Louisville. We went thru the exact same thing when the 2 schools gave notice that they were leaving the BE, and WV wanted to leave the BE early and they were bent on doing so no matter how it made them or their current league looked. Bad publicity all the way around.

Well I’m here to officially announce that Louisville has changed its tune . We are doing our part in helping the ACC becoming a stronger Football First conference. In case Y’all noticed Louisville has moved as far away from Basketball First to Football First faster than anyone else in recent memory COGSCOGSCOGS
01-04-2024 11:55 AM
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Garrettabc Online
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Post: #24
RE: Putting the pin back in the grenade...if possible
(01-04-2024 11:55 AM)CardFan1 Wrote:  
(01-02-2024 08:53 AM)cuseroc Wrote:  
(01-02-2024 06:09 AM)XLance Wrote:  It has become obvious that Florida State (administration and fans) no longer feel they "fit" in the ACC model.
The rest of the conference is not going to change just to accommodate one school. It's time the 'Noles moved on.
It's unfortunate that the conference will have to use the court system to get Florida State to live up to their obligations.

There is no going back at this point. The pin can not be put back in the grenade.
Florida State will have to face the consequences of their actions, and the ACC will move on.

I agree. Its like dejavu with the Pitt and Syracuse and Louisville. We went thru the exact same thing when the 2 schools gave notice that they were leaving the BE, and WV wanted to leave the BE early and they were bent on doing so no matter how it made them or their current league looked. Bad publicity all the way around.

Well I’m here to officially announce that Louisville has changed its tune . We are doing our part in helping the ACC becoming a stronger Football First conference. In case Y’all noticed Louisville has moved as far away from Basketball First to Football First faster than anyone else in recent memory COGSCOGSCOGS

Not a true football school unless baseball is 2nd.
01-04-2024 12:24 PM
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ChrisLords Offline
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Post: #25
RE: Putting the pin back in the grenade...if possible
(01-04-2024 11:55 AM)CardFan1 Wrote:  
(01-02-2024 08:53 AM)cuseroc Wrote:  
(01-02-2024 06:09 AM)XLance Wrote:  It has become obvious that Florida State (administration and fans) no longer feel they "fit" in the ACC model.
The rest of the conference is not going to change just to accommodate one school. It's time the 'Noles moved on.
It's unfortunate that the conference will have to use the court system to get Florida State to live up to their obligations.

There is no going back at this point. The pin can not be put back in the grenade.
Florida State will have to face the consequences of their actions, and the ACC will move on.

I agree. Its like dejavu with the Pitt and Syracuse and Louisville. We went thru the exact same thing when the 2 schools gave notice that they were leaving the BE, and WV wanted to leave the BE early and they were bent on doing so no matter how it made them or their current league looked. Bad publicity all the way around.

Well I’m here to officially announce that Louisville has changed its tune . We are doing our part in helping the ACC becoming a stronger Football First conference. In case Y’all noticed Louisville has moved as far away from Basketball First to Football First faster than anyone else in recent memory COGSCOGSCOGS

LOL.... Y'all will rebound in basketball pretty quickly. This is once you get an experienced coach. I thought y'all fired the Xavier coach too soon but what do I know.
01-04-2024 12:44 PM
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CardFan1 Offline
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Post: #26
RE: Putting the pin back in the grenade...if possible
(01-04-2024 12:24 PM)Garrettabc Wrote:  
(01-04-2024 11:55 AM)CardFan1 Wrote:  
(01-02-2024 08:53 AM)cuseroc Wrote:  
(01-02-2024 06:09 AM)XLance Wrote:  It has become obvious that Florida State (administration and fans) no longer feel they "fit" in the ACC model.
The rest of the conference is not going to change just to accommodate one school. It's time the 'Noles moved on.
It's unfortunate that the conference will have to use the court system to get Florida State to live up to their obligations.

There is no going back at this point. The pin can not be put back in the grenade.
Florida State will have to face the consequences of their actions, and the ACC will move on.

I agree. Its like dejavu with the Pitt and Syracuse and Louisville. We went thru the exact same thing when the 2 schools gave notice that they were leaving the BE, and WV wanted to leave the BE early and they were bent on doing so no matter how it made them or their current league looked. Bad publicity all the way around.

Well I’m here to officially announce that Louisville has changed its tune . We are doing our part in helping the ACC becoming a stronger Football First conference. In case Y’all noticed Louisville has moved as far away from Basketball First to Football First faster than anyone else in recent memory COGSCOGSCOGS

Not a true football school unless baseball is 2nd.

But it has been the last 2 -3 years .Fans attending games Made good runs in the regionals so yeah 2nd over Men’s BB now Women’s BB and Volleyball have been great
01-05-2024 07:20 PM
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