Sitting_BULL Posted October 1, 2009 Group: Bull Backers Topic Count: 0 Content Count: 2,527 Reputation: 3 Days Won: 0 Joined: 02/12/2002 Share Posted October 1, 2009 Additional thoughts.What happens when the stadium needs repairs, etc. Special Assessments?What about ongoing costs (think electricity, lighting, water bills, insurance, etc)It seems that stadiums have a useful life of about 25 years. If you have a 50 yr mortgage and it needs to be replaced with newer/better in 25 yrs, who pays for that? What happens to your 50% you still owe.Did you know the new dalllas stadium cost $1B to build. Raymond James is estimated at $550M to rebuild it as it currently stands.If we did get an OCS, it would be an erector set, and we would lose all of the good stuff we have now. I say no way, no how.Lets embrace our wonderful, tax payer funded, NFL and Superbowl caliber stadium. Yes in deed! I don't see how anyone who was there would rather have that over what we have? Not to mention,when the stadium we use gets old, someone else will build a new one. Link to comment Share on other sites More sharing options...
Orlando Bull Posted October 1, 2009 Group: Member Topic Count: 0 Content Count: 5,900 Reputation: 628 Days Won: 5 Joined: 09/02/2007 Share Posted October 1, 2009 Additional thoughts.What happens when the stadium needs repairs, etc. Special Assessments?What about ongoing costs (think electricity, lighting, water bills, insurance, etc)It seems that stadiums have a useful life of about 25 years. If you have a 50 yr mortgage and it needs to be replaced with newer/better in 25 yrs, who pays for that? What happens to your 50% you still owe.Did you know the new dalllas stadium cost $1B to build. Raymond James is estimated at $550M to rebuild it as it currently stands.If we did get an OCS, it would be an erector set, and we would lose all of the good stuff we have now. I say no way, no how.Lets embrace our wonderful, tax payer funded, NFL and Superbowl caliber stadium. Yes in deed! I don't see how anyone who was there would rather have that over what we have? Not to mention,when the stadium we use gets old, someone else will build a new one.Really? Take a look at Minnesota's new stadium, I would love to have something like that (with 10k more seats) on our campus. Ray Jay is ridiculously nice, but it's not officially "our house". Even little things like seat color. I got in at FSU early, and because their seats were a neutral color, it didn't look as empty as Ray Jay does when there are empty seats.I love Ray Jay and have no problems playing there, but that shouldn't be the long term goal. We need our own house. Green and Gold, a place where students can call their own, and a place that gets alumni back on campus on game days. Link to comment Share on other sites More sharing options...
Joe Posted October 1, 2009 Group: Member Topic Count: 0 Content Count: 10,251 Reputation: 270 Days Won: 14 Joined: 08/16/2005 Share Posted October 1, 2009 I think 50-55k seats would be more than plenty Link to comment Share on other sites More sharing options...
bull2saintleo Posted October 1, 2009 Group: Member Topic Count: 0 Content Count: 3,097 Reputation: 163 Days Won: 1 Joined: 01/17/2004 Share Posted October 1, 2009 I think 50-55k seats would be more than plentyOf course, start with that, but leave room for expansion. Link to comment Share on other sites More sharing options...
Joe Posted October 1, 2009 Group: Member Topic Count: 0 Content Count: 10,251 Reputation: 270 Days Won: 14 Joined: 08/16/2005 Share Posted October 1, 2009 Yes, you would definitly need room for expansion.As for 25 year lifespan...that is professional football ********. Somehow almost every college stadium has survived well over 50 years as a money maker... Link to comment Share on other sites More sharing options...
Cow Pie Posted October 1, 2009 Group: Member Topic Count: 0 Content Count: 7,693 Reputation: 35 Days Won: 2 Joined: 09/04/2008 Share Posted October 1, 2009 I don't see a bank in today's climate approving that loan anytime soon. Also if you own the seat do you have to still buy tickets??This idea would get the OCS moving forward but the University would still need to take out private loans and get more donations from fans if we are going to get this done right (i.e. seats and not bleachers).The better idea would be for the Bulls to sell luxury boxes and 10% of the seats for various amounts, slam that into secure high interest accounts and in a few years we could possibly have enough funds on hand to take out a loan. Another couple ideas would be for the Bulls to sell "Bulls Bonds" and to do the paving stone thing. All we would need is a 50K stadium to start and then leave room to expand it to a 65K, 75K, and then 85K stadium down the road. Link to comment Share on other sites More sharing options...
cmhatter Posted October 1, 2009 Group: Member Topic Count: 0 Content Count: 8,174 Reputation: 268 Days Won: 6 Joined: 09/02/2007 Share Posted October 1, 2009 Does the university sett aside any money away for a future stadium right now?Like a stadium fund? Link to comment Share on other sites More sharing options...
Guest Posted October 1, 2009 Share Posted October 1, 2009 Does the university sett aside any money away for a future stadium right now?Like a stadium fund?If you donate and specifically tell them that is what you want the $$ to be used for, they will.But they have other priorities - and are looking to select someone to design and build the new athletic complex. Link to comment Share on other sites More sharing options...
Apis Bull Posted October 1, 2009 Group: Member Topic Count: 0 Content Count: 23,185 Reputation: 2,332 Days Won: 65 Joined: 09/05/2002 Share Posted October 1, 2009 Really out of all of our athletic facilities, "needs", an on-campus stadium would be the last thing. Link to comment Share on other sites More sharing options...
cmhatter Posted October 1, 2009 Group: Member Topic Count: 0 Content Count: 8,174 Reputation: 268 Days Won: 6 Joined: 09/02/2007 Share Posted October 1, 2009 Really out of all of our athletic facilities, "needs", an on-campus stadium would be the last thing.I don't think so. If a university focuses efforts on revenue sports like football and basketball then allbother sports will improve. A stadium is a recruiting tool not only for athletes but potential students. Link to comment Share on other sites More sharing options...
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