OCS Revenue?

[Triple B]

Wish these stupid OCS threads would die. And this one wasn't even from one of the trolls from the east.

 

We think the OP is part of a Kaniggit sleeper cell ....

[Cow Pie]

 

 

Since you brought up UF, how much debt do you think they have on the Swamp?  How much debt would we have with our own OCS?  I assure you it would be a hell of a lot more than UF.

 

They probablly pay a fraction in upkeep of the Swamp, as we do in rental fees and lost revenue to the TSA to play in Rutgers Stadium.

 

Also we are leasing space at Ray Jay vs buying something outright, paying it off, and owning it.

 

 

Sure, all we need is $200 M to $300 M and we can build an OCS and own it outright.  I we can earn an extra $2M per year by owning our own stadium, it'll only take us 100+ years worth of profits for it to pay for itself!

 

 

USF has that kind of $$

 

http://news.usf.edu/article/templates/?z=38&a=5535

 

This $600 million is in addition to the millions they already had.

 

Also if the Gators can bring in $2.5 million a game in total revenue (ticket sales, parking, concessions, etc.) against a cup cake team, then there should be no reason why we could'nt bring in about a million a game at our current level. If we get good and starting winning again, or if we play a big named team then we should get $2 million a game.

 

You all forget that we get 100% of the money from parking, vendors, concessions, etc. vs. the scraps that Papa Glazier tosses our way now.

 

This is not that far fetched.

Edited September 6, 2013 by Bubba Bull

[Apis Bull]

Again, have you considered the debt, upkeep, salaries, etc. that we'd have to pay for?  $1 million, six or seven times a year may not cover it.

[Cow Pie]

 

 

 

Since you brought up UF, how much debt do you think they have on the Swamp?  How much debt would we have with our own OCS?  I assure you it would be a hell of a lot more than UF.

 

They probablly pay a fraction in upkeep of the Swamp, as we do in rental fees and lost revenue to the TSA to play in Rutgers Stadium.

 

Also we are leasing space at Ray Jay vs buying something outright, paying it off, and owning it.

 

 

Sure, all we need is $200 M to $300 M and we can build an OCS and own it outright.  I we can earn an extra $2M per year by owning our own stadium, it'll only take us 100+ years worth of profits for it to pay for itself!

 

 

 

Your math is off, he said that make about 2 million per GAME, not per season.

 

6 sometimes 7 home games a year is an additional 12 to 14 million a year.

 

I also think the point of the OP was that we probably don't even make 2 million a year from Ray Jay revenue.

 

 

Ding, Ding, Ding ^^^

 

We have someone with a reading comprehension level higher then 1st grade...

[Cow Pie]

Again, have you considered the debt, upkeep, salaries, etc. that we'd have to pay for?  $1 million, six or seven times a year may not cover it.

 

I don't think that this would be the case... what is difference between the upkeep, salaries, debt, and such with the Sun Dome we now have and a new 35K-40K seat football stadium?

 

Also right now we don't even get $2.5 million a year from our deal with the Buc's... other teams bring in that amount EACH GAME.

 

Also keep in mind that we would get a 100% of the revenue from an OCS vs. the little bit we get now.

Edited September 6, 2013 by Bubba Bull

[Apis Bull]

I'm not sure about the financing for something of this magnitude, but using simple amortization, financing $150 million, for 30 years, at 4% interest would require $8.6 million a year in debt payments.

[Apis Bull]

 

Again, have you considered the debt, upkeep, salaries, etc. that we'd have to pay for?  $1 million, six or seven times a year may not cover it.

 

I don't think that this would be the case... what is difference between the upkeep, salaries, debt, and such with the Sun Dome we now have and a 35K-40K seat stadium?

 

Also right now we don't even get $2.5 million a year from our deal with the Buc's... other teams bring in that amount EACH GAME.

 

 

 

Other teams might, we wouldn't and do you have any actual numbers on how much we make in Ray Jay or are you just speculating to bolster your opinion?

[Apis Bull]

I'm not sure about the financing for something of this magnitude, but using simple amortization, financing $150 million, for 30 years, at 4% interest would require $8.6 million a year in debt payments.

 

That means for 7 home games, $1.2 million would go to debt alone; $1.4 million if we only have 6 home games.

[Cow Pie]

I'm not sure about the financing for something of this magnitude, but using simple amortization, financing $150 million, for 30 years, at 4% interest would require $8.6 million a year in debt payments.

 

We wouldn't need to finance anything... last season USF brought in $600 million in donations, which adds to the billion or so they have in the bank.

 

We have the $$.

[Apis Bull]

Things are a little better if you only finance $100 million:

 

$5.7 million a year

$818k per game for 7 home games

$955k per game for 6 home games