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Cal athletics: Stadium debt, flawed projections, revenue shortfalls, Plan B and the f

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News Junkie
Jon Wilner

Later today, I’ll be posting a series of stories on the progress of Cal’s plan to pay for the renovation of Memorial Stadium and the Simpson High-Performance Training Center. I spent several weeks researching the topic, but the situation is so complicated that it couldn’t be fully explained in one story. So I wrote four. [...]

Originally posted by College Hotline
Click here to view the article.
 
Cal athletics: Stadium debt, flawed projections, revenue shortfalls, Plan B a...

This is not good news. Their failure will make our own facility plans more difficult to pull off.

I know they were depending on a lot of high dollar ticket sales that never materialized, and we are hanging our hat on future conference distributions, but it does make me nervous.


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Should really make CSU nervous. They are forecasting a big uptick in ticket sales to close the gap....

CU is banking on TV revenue, which is already stable. Not future ticket sales that are over and above anything they have ever sniffed before. That's called FANTASY.
 
buffaholic said:
Should really make CSU nervous. They are forecasting a big uptick in ticket sales to close the gap....

CU is banking on TV revenue, which is already stable. Not future ticket sales that are over and above anything they have ever sniffed before. That's called FANTASY.
Click to expand...

To be fair, Cal never cited Lady Gaga as part of their plan. I think CSU is still on pretty firm footing.
 
I'm nervous too, but I think we are taking a better, allbeit slow approach.

Did Cal take on the project all at once?

CU appears to have a method to it's madness by expanding in phases.
 
Orr said:
Shadenfreude!
Click to expand...

outreach_benson.jpg
Phil_DiStefano2.jpg
a_bohn_195.jpg


Shadenfreude Indeed...
 
Where did you find that pic of Mike Bohn? He looks like he's 20 years old there. That's gotta be at least ten years old.
 
Stadium debt, flawed projections, revenue shortfalls, Plan B and the f

Flukes are you gonna have a bake sake? Put me down for a loaf of banana bread and some cookies. I want to help you guys out.
 
Cal athletics: Stadium debt, flawed projections, revenue shortfalls, Plan B a...

Orr said:
To be fair, Cal never cited Lady Gaga as part of their plan. I think CSU is still on pretty firm footing.
Click to expand...

Lady Gaga really does change the whole dynamic. She's a game changer, for sure.


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sackman said:
Lady Gaga really does change the whole dynamic. She's a game changer, for sure.


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Click to expand...

it's not just lady Gaga and football games. You have bar mitzvah's, monster truck rally's, weddings, ummmm other stuff.
 
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