State going to set deadline to get off funding.

[run&blade]

Re: State going to set deadline to get off funding.

So if 3,000 people per game spent an average of $15 on beer. You're talking $270,000 in added revenue per year. If those 3,000 people were sitting in club seats that cost an additional $15 per game to sit in. Now we're up to $540,000 in added revenue per year. Add $1 for all other seats and $1 to all high school football games played at the Dome and we might get close to $1million in added revenue. We still need more. But that's not a bad start.

Agreed, it has to come from lots of sources.

50/50 drawing at home football games and basketball games would probably fund 2 scholarships a year.

[UNIpanther99]

Re: State going to set deadline to get off funding.

So if 3,000 people per game spent an average of $15 on beer. You're talking $270,000 in added revenue per year. If those 3,000 people were sitting in club seats that cost an additional $15 per game to sit in. Now we're up to $540,000 in added revenue per year. Add $1 for all other seats and $1 to all high school football games played at the Dome and we might get close to $1million in added revenue. We still need more. But that's not a bad start.

Could do the same thing in the McLeod on the upper East side. Not suits, just an open club mezzanine section with two or three rows of stadium seating, where tickets cost more and you can purchase adult beverages.

[ubuntuCAT]

Re: State going to set deadline to get off funding.

So if 3,000 people per game spent an average of $15 on beer. You're talking $270,000 in added revenue per year. If those 3,000 people were sitting in club seats that cost an additional $15 per game to sit in. Now we're up to $540,000 in added revenue per year. Add $1 for all other seats and $1 to all high school football games played at the Dome and we might get close to $1million in added revenue. We still need more. But that's not a bad start.

Season tix are a measly $89, maybe I'm in the minority but I would easily pay double to be in club seating. Similar to the black comfy seating at Scottrade Center at the top of the lower bowl. And as long as the beer isn't $9.50 like in St. Louis I know I'd buy a couple each game.

[bobsboy84]

Re: State going to set deadline to get off funding.

There is so much waste and inefficiency in government (including all of public education.) I think the BOR should concentrate on areas that are clearly evaluated and measured. Revenue, costs, Return on Investment, etc of College athletics are too complex to manage from a board room.

[doolittledog]

Re: State going to set deadline to get off funding.

Raise season tickets to $99 and you might still keep the numbers up. The reality is, UNI can't command the ticket prices Iowa can. But to still have season tickets under $100 is a pretty good value. It just needs to be marketed the right way.

In a nutshell, UNI needs to develop a culture of giving. In the past, UNI could survive and state aid and tuition, with minimal donations to make up their budget. Now you have generations of alumni and general supporters of the school that have no history of giving to the school that the smaller private schools in our state have developed. It might be a good idea to put in calls to the University of Dubuque, Coe College, Cornell College, and Luther College and get ideas for how they are able to consistantly bring in similar dollars per year as UNI, and in many cases have larger endowments than UNI.

[joecooll6]

Re: State going to set deadline to get off funding.

Just about every school our size gets a much larger chunk of the budget from student fees than UNI, and a much smaller chunk from state funding than UNI. Student fees will have to go up.

[FOTY]

Re: State going to set deadline to get off funding.

In a nutshell, UNI needs to develop a culture of giving. In the past, UNI could survive and state aid and tuition, with minimal donations to make up their budget. Now you have generations of alumni and general supporters of the school that have no history of giving to the school that the smaller private schools in our state have developed. It might be a good idea to put in calls to the University of Dubuque, Coe College, Cornell College, and Luther College and get ideas for how they are able to consistantly bring in similar dollars per year as UNI, and in many cases have larger endowments than UNI.

This.

And, I'd start with the University of Dubuque. Seriously. If you've been to the place you would understand. And its not like they are turning out doctors or lawyers. Heck, I grew up only a couple miles away and don't know their strengths (other than flight school).

UD always has and still puzzles me....

[doolittledog]

Re: State going to set deadline to get off funding.

This.

And, I'd start with the University of Dubuque. Seriously. If you've been to the place you would understand. And its not like they are turning out doctors or lawyers. Heck, I grew up only a couple miles away and don't know their strengths (other than flight school).

UD always has and still puzzles me....

Actually, one of my old roomates from UD is a doctor

UD has a good aviation department. The nursing program is strong. CGIM is doing well. One of the biggest donors to UD is an alum that is the CEO of a plastics company that brings in over $1.4 billion in annual sales. The Wendt family that headed Jeld-Wen are UD supporters. So I would say their business program has been strong as well.

UD has put $200 million into their campus over the past decade. So they would be a good place to start in finding ways to increase fund raising.

[Trapped in California]

Re: State going to set deadline to get off funding.

The issue is simply demographics of students. Until the late 60's, all UNI produced were teachers. As valuable as teachers are to society, the one thing they are not known for is amassing great wealth.

We are just now arriving at the time when first crop of UNI graduates entering other fields than teaching are hitting their peak earning years. Baby boomers are going to start cutting checks, and planned giving is going to start kicking in in the next 10-15 years. Hopefully we can manage the intervening period of time.

[panther2317]

Re: State going to set deadline to get off funding.

You can't sell alcohol in an on-campus facility. That's never going to be an option in the Dome. Unless the NCAA changes that rule.

[UNIpanther99]

Re: State going to set deadline to get off funding.

You can't sell alcohol in an on-campus facility. That's never going to be an option in the Dome. Unless the NCAA changes that rule.

They sell it in the premium sections of Kinnick, don't they?

[ubuntuCAT]

Re: State going to set deadline to get off funding.

You can't sell alcohol in an on-campus facility. That's never going to be an option in the Dome. Unless the NCAA changes that rule.

I really think that is a common misconception.

[06panther10]

Re: State going to set deadline to get off funding.

You can't sell alcohol in an on-campus facility. That's never going to be an option in the Dome. Unless the NCAA changes that rule.

Not true.

...

[01PantherFan]

Re: State going to set deadline to get off funding.

http://www.wcfcourier.com/news/local/article_7206bbf8-335f-11df-8823-001cc4c03286.html

[run&blade]

Re: State going to set deadline to get off funding.

Plenty of people drinking at the McLeod center and the top of the UNIDome on the west side. I can see the beer cans from my seat.

I love the idea of serving beer on the upper east side of McLeod, that is perfect. Set up some TVs up there and open in a few hours before tipoff.