Yep, tickets are sold...money in the bank. However the supposed 10 year waiting list is long gone...basically at UT if you can donate money you'll get season tickets. And don't kid yourself, the better the Titans do the worse it is for UT. Oddly enough the Titans have impacted UT's ticket sales more than Vandy or MTSU's sales...and it hasn't helped that UT keeps jacking up prices.
The only thing not sold is visiting team ticket allotements...many of the empty seats you see in certain sections are from visiting teams that haven't sold they're tickets, turned the tickets back in to UT and in turn UT couldn't sell them. Seems like for SEC schools the visitors get around 8,000? Non conference around up to 5 thousand if they want them.
Where they're getting hit hard is concessions and souvenirs...huge business there. Make no mistake about it, there is a reason stuff is expensive. Good question would be does UT hire out a company to handle concessions or do they handle it in house. Some schools...take MTSU for example hire out companies to handle concessions etc... If so what's Ut's percentage.
The biggest hit though is perception...an empty Neyland stadium is unacceptable. Perception is the key here. 60,000 in Neyland equals epic fail on the national level.