The Future Of Neyland Stadium...

Anybody that thinks sitting at home watching the Vols on Hi def is better than being at Neyland with 100000 screaming Volnatics is a moron. :hi:
 
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Tennessee financial woes mostly due to Neyland Stadium renovations | Saturday Down South


"Tennessee’s athletic department is over $200 million in debt, according to a report this week from Street & Smith’s SportsBusiness Journal. The report notes the department 'spends a startling $21 million a year on debt payments, $13.5 million of which comes from the school’s stressed $99.5 million athletic budget and the rest from donations.' Most of the debt is attributable to costly renovations made to Neyland Stadium in the past decade."

"While it’s easy to say this in hindsight, Tennessee shot itself in the foot with the Neyland Stadium renovations. It’s a classic example of malinvestment during an economic boom fueled by easy access to credit, not to mention the inability of Hart’s predecessors to assess their economic reality. Tying long-term capital improvements to the football team’s win-loss record is a shaky proposition at best."

"A couple of good seasons under Butch Jones may temporarily mask the symptoms but not the underlying disease."

Huh...Something I've been trying to get people around here to understand for a while now.
 
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