A&M Chancellor drops mic

#7
#7
There are absolutely ZERO Vol fans that want Alcohol in Neyland.

color it blue
 
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#9
#9
865dude said:
Texas will be selling alcohol. What's this guy going to say when every school is making money on alcohol
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Guess you missed the memo from the SEC Network on how much each school earned in its first year.

Not real worried about $ around here lately.
 
#11
#11
VolsNSkinsFan said:
They are going to have to sell booze to make up for the Longhorn Network losses.
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Eh, not really. ESPN has to at least give Texas an average minimum royalty of $15 mil a year regardless of how well (or poorly) the network does over the 20 years of the contract (that's guaranteed in how it was written up…it increases at about 3% interest a year from the original $10,980,000...so at minimum they would be getting at least around $12,358,087 this year).


While ESPN might be losing money on the costs of the network, Texas and its athletic department still gets a separate check - on top of the amount it gets from the Big 12 (like around $25-$27 mil this year) - for additional revenue from ESPN regardless of how it does until the contract expires in 2031 (presuming Texas doesn’t change conferences before then).
 
#12
#12
JohnMarxism said:
Of course Texas A&M's chancellor made fun of Texas selling beer at games - SBNation.com

A&M chancellor Sharp on alcohol at events: "Our athletic program has not reached the point where we require the numbing effects of alcohol."
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It's a nice barb; I like it.

At the same time, with the fan base they have, they will probably make money off of it.

West Virginia - averaging about 56,532/60,000 fans per game - made an extra $520,000 in revenue off of alcohol sales in 2011. Granted, WVU also had 7 home games that year, as opposed to the 6 Texas - who averaged 94,103/100,119 fans per game last year - has each year.

..I just hope they're smart enough to not sell it in glass bottles.
 
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#13
#13
TrueOrange said:
It's a nice barb; I like it.

At the same time, with the fan base they have, they will probably make money off of it.

West Virginia - averaging about 56,532/60,000 fans per game - made an extra $520,000 in revenue off of alcohol sales in 2011. Granted, WVU also had 7 home games that year, as opposed to the 6 Texas - who averaged 94,103/100,119 fans per game last year - has each year.

..I just hope they're smart enough to not sell it in glass bottles.
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That sounds terrifyingly low. Average small draft beer cost at an NFL event is 7.53. If only ten percent of WVU's fans bought beers, before taxes, that would be 45,180 a game at just 10% of the fans in attendance getting a beer (and not saying people get multiples or larger sizes.) Seven home games for that price would be $316,260.

In the same context, if only 10% of Texas fans in attendance did the same, with one less game, they would rake in about $424,692.

We won't talk TN stats because of our insane 1.20 per gallon tax on alcohol, as that alone would get the state $100,000+ in taxes easily.
 
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