USF Scheduling Philosophy and TSA Lease

[Apis Bull]

https://flauditor.gov/pages/nonprofit_forprofit rpts/2017 ucf stadium corporation.pdf

Condensed Statement of Revenues, Expenses and Changes in Net Position

  (For the Fiscal Years Ended June 30)

2017                       2016                        2015

Operating revenues                                                     $ 3,483,291            $ 3,536,494            $ 2,953,792

Operating expenses                                                           125,283                2,221,383              1,956,120

Operating income                                                           3,358,008                1,315,111                 997,672

Net non-operating revenues (expense)                         (2,065,642)             (58,852,265)           3,860,222

Change in net position                                                   1,292,366               (57,537,154)           4,857,894

Net position, beginning of year                                  (47,893,920)                 9,643,234            4,785,340

Net position, end of year                                          $ (46,601,554)          $ (47,893,920)        $ 9,643,234

Edited May 28, 2019 by Apis Bull

[CousinRicky]

This is only kind of related to the topic.  A few years ago we went to a Reno Aces game and got to sit in the President's box (our friends were with the Pres of MinorLB).  Their expected amount of $$$ spent at the game was around $12/person coming in.  This thread has been tough to digest over a number of days but did someone suggest that UCF was expecting $70/person?  Or did that include ticket price?

[DELdaBull]

9 minutes ago, CousinRicky said:

This is only kind of related to the topic.  A few years ago we went to a Reno Aces game and got to sit in the President's box (our friends were with the Pres of MinorLB).  Their expected amount of $$$ spent at the game was around $12/person coming in.  This thread has been tough to digest over a number of days but did someone suggest that UCF was expecting $70/person?  Or did that include ticket price?

$70/person seems extreme.  I take a $20 out at the atm and once that is done, we are done. 

[BullyPulpit]

28 minutes ago, CousinRicky said:

This is only kind of related to the topic.  A few years ago we went to a Reno Aces game and got to sit in the President's box (our friends were with the Pres of MinorLB).  Their expected amount of $$$ spent at the game was around $12/person coming in.  This thread has been tough to digest over a number of days but did someone suggest that UCF was expecting $70/person?  Or did that include ticket price?

Actually, the poster was suggesting right around $100 per game per ATTENDEE (including the cost of the tickets), including students that don't pay for their tickets. The NY Yankees generate about $54 per attendee, including the cost of the game ticket. 

[I like GOOOOLD (and green)]

10 hours ago, Triple B said:

Actually, you ARE the one making the assertions until you provide sources ..... and telling someone to Google it isn't how that works on here.

Nah x 2

[Apis Bull]

The table I posted above indicates that UCF receives about $3.5 million annually in revenues.  After expenses, they netted $1.2 million in 2017 which goes to the debt service on the stadium.

[BullyPulpit]

36 minutes ago, I like GOOOOLD (and green) said:

Nah x 2

Bianchi posts some B.S. numbers in an opinion column in the Slantenal and you take it as gospel? The numbers absolutely do not add up. There is nothing anywhere to support an assertion that UCF "makes" $3 to $4 million per home game.  If you are going to come on here and dispute actual numbers, you have to be prepared to back it up. 

[puc86]

27 minutes ago, BullyPulpit said:

Bianchi posts some B.S. numbers in an opinion column in the Slantenal and you take it as gospel? The numbers absolutely do not add up. There is nothing anywhere to support an assertion that UCF "makes" $3 to $4 million per home game.  If you are going to come on here and dispute actual numbers, you have to be prepared to back it up. 

Maybe they identify as a stadium making $4 million a game and just because any and all facts point to their feelings not being correct does not mean people can diminish their feelings with hate numbers. 

[BullyPulpit]

2 minutes ago, puc86 said:

Maybe they identify as a stadium making $4 million a game and just because any and all facts point to their feelings not being correct does not mean people can diminish their feelings with hate numbers. 

We know they identify as a Power 5 program and National Champs. Unfortunately for them, reality doesn't hold that up. I can't wait for them to crash back down to Earth. Their diluted fan base is acting as if they will never have a losing season again. I'm just sitting back and waiting for the inevitable collapse. 

[puc86]

3 minutes ago, BullyPulpit said:

We know they identify as a Power 5 program and National Champs. Unfortunately for them, reality doesn't hold that up. I can't wait for them to crash back down to Earth. Their diluted fan base is acting as if they will never have a losing season again. I'm just sitting back and waiting for the inevitable collapse. 

The dawn is coming.