Bluejay wrote:I think you need to recheck the italicized part.
Creighton's basketball spending exceeds Butler's by half a million dollars.
Also, to compare these numbers, I think football spending should be subtracted. Since we know the new conference will NOT have football, FB spending seems irrelevant to me and complete skews the overall numbers. In fact, I'd even go a bit further and argue that if FB spending is a large part of overall spending, caution may be in order.
thegalen wrote:Creighton also leases their arena.
thegalen wrote:On top of the standard lease, the Jays were required by MECA to buy all club-level seating as a package for every event held in the Link Center (this includes every CU game, UNO hockey game, concerts).
Bluejay wrote:thegalen wrote:Creighton also leases their arena.
True. When the city offers you a state of the art, NBA caliber arena with a capacity of 18,500 seats less than five minutes from your campus, its is pretty silly to build your own. The rent is based on a really complicated formula in which, when all factors are figured in, results in very minimal, if any, yearly out of pocket rental payments from Creighton. The only real drawback is that there are occasional scheduling conflicts.
Bluejay wrote:thegalen wrote:On top of the standard lease, the Jays were required by MECA to buy all club-level seating as a package for every event held in the Link Center (this includes every CU game, UNO hockey game, concerts).
Not accurate. Creighton doesn't buy all club-level seating for every event in the Century Link Center. Creighton absolutely does not own the club seats for concerts, UNO hockey, US Swim trials, NCAA tournaments, US Figure Skating Trials or anything else that comes through the arena. Now, the club seat owners may be required to purchase Creighton season tickets, but that only benefits Creighton rather than harms it.
The contract with MECA called for club-level seats to be sold to patrons for a package of CU hoops, UNO hockey and concerts. Rasmussen said that wasn't acceptable. Instead, CU bought the club-level seats from MECA and sold them to its fans. Same with the parking garage for CU events. The idea was to produce more revenue. Another gamble.
thegalen wrote:Happy to be wrong. You should ask Creighton's hometown beat writer to issue a correction:The contract with MECA called for club-level seats to be sold to patrons for a package of CU hoops, UNO hockey and concerts. Rasmussen said that wasn't acceptable. Instead, CU bought the club-level seats from MECA and sold them to its fans. Same with the parking garage for CU events. The idea was to produce more revenue. Another gamble.
http://www.omaha.com/article/20130119/B ... 99839/1140
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