Pay these prices?

#4
#4
OrngeJuiceJones said:
UT is charging $75 plus fees for LSU this weekend? My god thats more than most football games. Shame on you UT this is ridiculous.
Click to expand...
Fans want money spent for facilities and to pay top dollar for coaches otherwise UT is shopping from the bargain bin. Well those same fans shouldn't have a problem ponying up some extra scratch to do their part to support those efforts. You wouldn't want to be called cheap would you? ;)
 
  • Like
Reactions: TennTom, NYCVolunteer, Probably_in_Class and 5 others
#9
#9
OrngeJuiceJones said:
All SEC home games have been sold out and those were $50 so why is UT jacking the price up for this one?
Click to expand...
Midweek games vs Saturday, knew LSU was going to be ranked. This is the first SEC home game on the weekend, not a fair comparison. Auburn game is the same way. It's not some big conspiracy to piss you off.
 
  • Like
Reactions: gainesvol82, livefaith, DocVOLiday and 5 others
#11
#11
CAVPUT said:
Fans want money spent for facilities and to pay top dollar for coaches otherwise UT is shopping from the bargain bin. Well those same fans shouldn't have a problem ponying up some extra scratch to do their part to support those efforts. You wouldn't want to be called cheap would you? ;)
Click to expand...

I've been assured that no money UT takes in from ticket sales, donations for season tickets, merchandise, or concessions, goes towards a coaching salary.
 
  • Like
Reactions: DooleyOrangePants
#13
#13
whobethis16 said:
You can get tickets for $25. Lower level, yeah, they're $75. Supply and demand at work.
Click to expand...

I took my son to the UT Vandy game last night. I almost paid $250 plus for court side. Luckily I came across freebies 12 rows up. The arena had over 2k open seats. I’m not sure how prices are so inflated yet open seats.
A Sirrius FM station had a conversation last week about this. The hosts said it was all about TV revenue, not ticket sales.
 
  • Like
Reactions: InVOLuntary, chuckiepoo and TrumpedUpVol
#14
#14
The article in the Knoxville News Urinal this week regarding the 2020 fiscal year that ended June 30, 2021 was pretty insightful and gleaned a lot of details from various public information requests. The conference provided each school with their $4 million signing bonus from the new TV package which starts in 2025 along with a $23.3 million advance per school on their conference earnings, just to get through the morass of the 2020 conference only football schedule and 25 percent capacity on hoops. Even in that context, Tennessee only eeeked out a $757,000 +/- surplus in the process. The mismanagement of the department under Fulmer is disgraceful, but predictable, enhanced with the impact from Covid and the municipal response to same.

Interestingly, booster donations plunged another $4 million to $21.9 million annually a trend that nobody really wants to talk about. Big Jim is supposedly dropping a stout 9 figures into the coffers as the lead gift of the My All for Tennessee campaign which should cover necessary physical plant upgrades but you never know anymore.
 
Last edited:
  • Like
Reactions: CPA
#18
#18
Lankykong said:
I still don’t see how top 25 all year is mediocre. If we were an all offense team I think there would be less takes like this. I’m not happy with the tournament results with Barnes but I think we’re actually good/decent.
Click to expand...

Yeah, he must mean we're mediocre in relation to other ranked teams. Considering there are 353 D1 teams......that's 328 teams that rarely see their name roll across the tv screen on a chyron.

I can remember being mediocre in the unranked realm. It wasn't all that fun.
 
  • Like
Reactions: VolsSince78, livefaith and walkenvol
#19
#19
Lankykong said:
I still don’t see how top 25 all year is mediocre. If we were an all offense team I think there would be less takes like this. I’m not happy with the tournament results with Barnes but I think we’re actually good/decent.
Click to expand...
It doesn’t get any dumber no matter how many times it is said…we aren’t mediocre in college basketball, mediocre in P5, or even mediocre in our own conference.
 
  • Like
Reactions: gainesvol82, livefaith, walkenvol and 1 other person
#21
#21
I was a student at UT from 1997-1999. We got a free student ticket for every home game AND you could pay $25 for one spouse admission price that also covered every home game.....
I think people on the strip were scalping tickets for about $75 back then. -- And that was for both Football games and men's basketball games. -- Lady Vols were a different story: the won Nationl Championships in 1996; 1997 & 1998 -- so every game was a sell-out!
 
  • Like
Reactions: karmazone and TrumpedUpVol
#23
#23
VolArmy74 said:
I've been assured that no money UT takes in from ticket sales, donations for season tickets, merchandise, or concessions, goes towards a coaching salary.
Click to expand...


I thought that was what the SEC Network and other TV deals were for.
 
#24
#24
TartanTurff said:
The article in the Knoxville News Urinal this week regarding the 2020 fiscal year that ended June 30, 2021 was pretty insightful and gleaned a lot of details from various public information requests. The conference provided each school with their $4 million signing bonus from the new TV package which starts in 2025 along with a $23.3 million advance per school on their conference earnings, just to get through the morass of the 2020 conference only football schedule and 25 percent capacity on hoops. Even in that context, Tennessee only eeeked out a $757,000 +/- surplus in the process. The mismanagement of the department under Fulmer is disgraceful, but predictable, enhanced with the impact from Covid and the municipal response to same.

Interestingly, booster donations plunged another $4 million to $21.9 million annually a trend that nobody really wants to talk about. Big Jim is supposedly dropping a stout 9 figures into the coffers as the lead gift of the My All for Tennessee campaign which should cover necessary physical plant upgrades but you never know anymore.
Click to expand...

You have to understand the circumstances. The UT AD is not a "for-profit" entity. My expertise is not in tax, but for tax purposes, I believe non-profits have to spend toward their "charitable goals." The AD doesn't have to answer to shareholders and pay out a dividend and doesn't maximize profits. It can and will keep some reserves, but it generally will spend what comes in the door. All athletic departments are like this, and they want to spend the money to maximize success on the field/court.

Therefore, when revenue goes up, spending on coaches and facilities go up as well. There are fixed costs that will not rise (i.e. tuition as scholarships are capped, room and board, etc.). I have never seen a large surplus in an annual UT AD financial report. You obviously want a surplus, but they are basically just balancing the budget with a probablility that some of the funds have been placed in their reserve account.
 
  • Like
Reactions: cardvolfan
New posts
You must log in or register to reply here.
Advertisement



Back
Top