warhawk09
1st String
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RE: App vs USC series
(03-23-2018 12:52 PM)HighlandsApp Wrote: (03-22-2018 08:46 PM)Tealblood Wrote: Basically you will get 1.3 for the one game in Columbia
And nothing would make me happier if after you win that game the stadium implodes
Total benefit to AppState:
$1,300,000 payment from SCar
$200,000 discounted profit from selling a total of 5,000 tickets at WB stadium
$500,000 selling an extra 10,000 tickets for standing room only at KB stadium in Boone
$2,000,000 is a pretty conservative gross calculation of income.
In addition, there is profit from increased concession sales, a BIG saving for low travel expenses and then intagibles such as increased YOSEF Club membership levels and increased season ticket sales as only season tickets holders will be able to buy any of the single tickets to the game in Boone.
Masterful plan by DG and Company.
Go! Fight! Win, Apps!
I believe you are overestimating a lot of these numbers.
$50 for 10,000 standing room tickets? Not going to sell all 5,000 of those away tickets. You’ll save a little in travel, but hotels and hotel meals still cost the same.
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03-23-2018 05:22 PM |
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troutbummike
1st String
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I Root For: Appalachian State
Location: Johnson County, TN
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RE: App vs USC series
(03-23-2018 05:22 PM)warhawk09 Wrote: (03-23-2018 12:52 PM)HighlandsApp Wrote: (03-22-2018 08:46 PM)Tealblood Wrote: Basically you will get 1.3 for the one game in Columbia
And nothing would make me happier if after you win that game the stadium implodes
Total benefit to AppState:
$1,300,000 payment from SCar
$200,000 discounted profit from selling a total of 5,000 tickets at WB stadium
$500,000 selling an extra 10,000 tickets for standing room only at KB stadium in Boone
$2,000,000 is a pretty conservative gross calculation of income.
In addition, there is profit from increased concession sales, a BIG saving for low travel expenses and then intagibles such as increased YOSEF Club membership levels and increased season ticket sales as only season tickets holders will be able to buy any of the single tickets to the game in Boone.
Masterful plan by DG and Company.
Go! Fight! Win, Apps!
I believe you are overestimating a lot of these numbers.
$50 for 10,000 standing room tickets? Not going to sell all 5,000 of those away tickets. You’ll save a little in travel, but hotels and hotel meals still cost the same.
Comments like these make me realize how unique Appalachian State is. GA tickets for Wake and Miami were $50.
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03-23-2018 06:12 PM |
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APPdiesel
All American
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Joined: Sep 2015
Reputation: 334
I Root For: App State
Location: Greenville, SC
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RE: App vs USC series
(03-23-2018 05:22 PM)warhawk09 Wrote: (03-23-2018 12:52 PM)HighlandsApp Wrote: (03-22-2018 08:46 PM)Tealblood Wrote: Basically you will get 1.3 for the one game in Columbia
And nothing would make me happier if after you win that game the stadium implodes
Total benefit to AppState:
$1,300,000 payment from SCar
$200,000 discounted profit from selling a total of 5,000 tickets at WB stadium
$500,000 selling an extra 10,000 tickets for standing room only at KB stadium in Boone
$2,000,000 is a pretty conservative gross calculation of income.
In addition, there is profit from increased concession sales, a BIG saving for low travel expenses and then intagibles such as increased YOSEF Club membership levels and increased season ticket sales as only season tickets holders will be able to buy any of the single tickets to the game in Boone.
Masterful plan by DG and Company.
Go! Fight! Win, Apps!
I believe you are overestimating a lot of these numbers.
$50 for 10,000 standing room tickets? Not going to sell all 5,000 of those away tickets. You’ll save a little in travel, but hotels and hotel meals still cost the same.
Sold them out for Wake and Miami. What makes you think we wouldn't sell them out for an SEC opponent?
Sent from my SM-G900V using Tapatalk
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03-23-2018 06:55 PM |
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Tealblood
Special Teams
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RE: App vs USC series
(03-23-2018 12:52 PM)HighlandsApp Wrote: (03-22-2018 08:46 PM)Tealblood Wrote: Basically you will get 1.3 for the one game in Columbia
And nothing would make me happier if after you win that game the stadium implodes
Total benefit to AppState:
$1,300,000 payment from SCar
$200,000 discounted profit from selling a total of 5,000 tickets at WB stadium
$500,000 selling an extra 10,000 tickets for standing room only at KB stadium in Boone
$2,000,000 is a pretty conservative gross calculation of income.
In addition, there is profit from increased concession sales, a BIG saving for low travel expenses and then intagibles such as increased YOSEF Club membership levels and increased season ticket sales as only season tickets holders will be able to buy any of the single tickets to the game in Boone.
Masterful plan by DG and Company.
Go! Fight! Win, Apps!
You are missing my point
You will get $900,000 for that first game in Columbia
And in about 3 years “conflicts” with scheduling will occur so they will pay you the $400,000 to get out of the final 2 games
Which is about what we getting next year 1.2 M considering time value of money it’s probably exactly what we get next year
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03-23-2018 06:57 PM |
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Saint3333
Hall of Famer
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RE: App vs USC series
Has the buyout been disclosed? $400k feels very light.
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03-23-2018 08:03 PM |
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T-Dog
SunBeltbbs App State INsider
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RE: App vs USC series
(03-23-2018 08:03 PM)Saint3333 Wrote: Has the buyout been disclosed? $400k feels very light.
$1.5M per game.
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03-23-2018 08:47 PM |
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Saint3333
Hall of Famer
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RE: App vs USC series
Now that is how you structure a deal!
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03-23-2018 09:26 PM |
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HighCountry
Special Teams
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RE: App vs USC series
(03-23-2018 06:57 PM)Tealblood Wrote: (03-23-2018 12:52 PM)HighlandsApp Wrote: (03-22-2018 08:46 PM)Tealblood Wrote: Basically you will get 1.3 for the one game in Columbia
And nothing would make me happier if after you win that game the stadium implodes
Total benefit to AppState:
$1,300,000 payment from SCar
$200,000 discounted profit from selling a total of 5,000 tickets at WB stadium
$500,000 selling an extra 10,000 tickets for standing room only at KB stadium in Boone
$2,000,000 is a pretty conservative gross calculation of income.
In addition, there is profit from increased concession sales, a BIG saving for low travel expenses and then intagibles such as increased YOSEF Club membership levels and increased season ticket sales as only season tickets holders will be able to buy any of the single tickets to the game in Boone.
Masterful plan by DG and Company.
Go! Fight! Win, Apps!
You are missing my point
You will get $900,000 for that first game in Columbia
And in about 3 years “conflicts” with scheduling will occur so they will pay you the $400,000 to get out of the final 2 games
Which is about what we getting next year 1.2 M considering time value of money it’s probably exactly what we get next year
The buyout is $1.5M per game.
It's going down.
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03-24-2018 12:49 PM |
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troutbummike
1st String
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I Root For: Appalachian State
Location: Johnson County, TN
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RE: App vs USC series
So much silence.
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03-24-2018 01:49 PM |
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chiefsfan
No Seriously, they let me be a mod
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RE: App vs USC series
I see the payout is 1.3 Million, but what is the buyout if USC cancels after App wins at Williams Brice in 2019?
The real question involves the buyout because if they cancel after the first game, the payout for the 2nd game doesn't actually occur.
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03-24-2018 06:25 PM |
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Saint3333
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RE: App vs USC series
Chief App and Ark St have two of the most business savvy ADs I’ve seen at the G5 level. App is getting paid well however this shakes out.
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03-25-2018 08:21 AM |
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