Just a matter of time before cable companies start dictating the games they'll pay top dollar for.
Then the teams with shitty scheduling will be left is the dust.
Then the teams with shitty scheduling will be left is the dust.
If Iowa sells out or gets close to a sell out, financially, it makes sense, to schedule 2 tomato cans at Kinnick, especially with the 9 conference game schedule.
2017, crossovers are: at Michigan State, Ohio State, and Penn State.
2 non-conference games at home (Wyoming and North Texas) with road game at Ames.
Plus, we'll be breaking in a new QB.
2018, crossovers are: Maryland, at Penn State, at Indiana
3 non-conference games at home (Northern Illinois, Iowa State and Northern Iowa).
2019, crossovers are: at Michigan, Penn State and Rutgers
Miami (OH) at Kinnick and road game at Ames and an OPEN date.
Do you have the inside numbers?
The ISU game was a sellout, with single game tickets at $80 a piece. The Miami(OH) game managed to get to 68k thanks to $55 tickets, and $25 youth tickets. The ISU game also helps drive season ticket sales, while the MAC games surely do not.
The ISU game is a big financial success.
We all know this, this has been the logic for years. This was the logic before we got a $20 million bump to produce entertaining TV. We might be wise to a produce better TV and get TV to pay us for it. Its not a given that producing better TV is a financial loser. My guess is there is money on the table for an Iowa v Missouri game that isn't there for an Iowa v Northern Illinois game. There are reasons to revisit this affordability argument.
Other items to plug in:
You aren't including youth tickets in your numbers, so the Miami ticket revenue estimate needs to come down.
ISU is basically a guaranteed sellout. MAC-level games are not. 2014 BSU had 64k. 2015 North Texas had 56k(!). The MAC ticket revenue estimate needs to come down some more.
I am not convinced that concessions and parking income outweighs the labor costs of hosting a game. I would consider that a wash.
To back up this assertion, the below link has the 2015 Iowa budget with some details from the Gazette FOIA request. The only place I can find that concessions/parking may be included is "General Income", which totaled $2.9M.
https://collegeathleticsclips.com/news/thegrittyoniowasfy2015athleticsbudget.html
The overall economic impact of a home game does mean something, but most of that money supports the community, not the university. The community may get more income from an ISU game than two MAC games. I help run the football parking at an Iowa City elementary school. The ISU game is worth about 5 or 6 MAC games in revenue for us.
I disagree with your dismissal of the ISU game on season ticket sales.
I'm estimating that their total labor costs and other costs for hosting a game are roughly equal to the parking/concessions revenue, making ticket revenue more or less equal to profit on game day. This includes all labor, such as having 200 off duty police officers, etc.
No dry up, but a much different model yes.I can envision a future where the money comes from apps or other sources beyond cable. Its hard for me to imagine a future where the money actually dries up.
OK, but now you're playing yet another MAC school. You can't really tell me you enjoy those games more than the ISU game. ISU is fun to hate. Hating your opponent is a big part of football. You folks that want more MAC games are crazy.You got the math wrong. You forgot to take the ISU game and multiply it time 1/2 since its costing two games opportunity to get that payout.
ISU = $80 * 70K = 5.6 Million
MAC = $55*68,000 - $1 Million payout = 2.75 Million
Basically the TICKET revenue is equal for one ISU game without payout versus two MAC schools. However, you now have all the concession revenue and parking and overall economic impact of having home games.
ISU game is a wash at best for financial home & home when Iowa gets 68K for a MAC school.
ISU helps drive season ticket sales, but not as much as winning seasons. The number of season tickets this year with ISU at home versus road would have been almost identical because of LAST years success and team returning.
We will NEVER schedule another power 5 team as long as ISU is on our schedule and the BIG keeps a 9 game schedule. NEVER. We are not willing to give up a home game and no power 5 team is going to play us at Kinnick without us also playing them at their site in a following year.NDSU this week and UNI in 2018. Then there's no more FCS opponents, right? I want a tough schedule. Start out with a MAC team and then 2 Power 5 teams before the B1G.
I'm not saying that I want another MAC game. Just pointing out that Iowa State is a "GREAT" financial situation some people think. This years ISU game will be less that revenue for Miami, OH and NDSU when you figure the return trip to Ames next year. Money is not a reason to keep the series for Iowa.OK, but now you're playing yet another MAC school. You can't really tell me you enjoy those games more than the ISU game. ISU is fun to hate. Hating your opponent is a big part of football. You folks that want more MAC games are crazy.
Nebraska and Northwestern ticket prices are lower than the ISU game. Do you think two MAC games are financially better than those B1G games?
the cornholers and jnw are B1G members making that an irrelevant point. Iowa does not control their B1G schedule.
It is totally relevant. Apparently, two MAC games are a financial boon that even B1G games cannot compare.
Ideally, Iowa would drop out of the B1G and schedule 12 MAC home games every year.
Just a matter of time before cable companies start dictating the games they'll pay top dollar for.
Then the teams with shitty scheduling will be left is the dust.