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BobIwabuchiFan

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Posts posted by BobIwabuchiFan

    Kennedy vs. Engelstad Foundation: GF herald feature

    in Community

    Posted

    11 hours ago, Siouxperman8 said:

    I think the fact that the hockey team (and therefore the hockey fans) have rejected the name and logo plays into this too.  Hockey is the highest profile sport at UND and it makes sense that a majority of business owners that co-brand with UND are banking on the hockey team.  They know the hockey crowd (in general) won't embrace anything with the Hawks logo on it.

    Please hold your cards, we have a BINGO!

    Kennedy vs. Engelstad Foundation: GF herald feature

    in Community

    Posted

    Just now, The Sicatoka said:

    Using the 2017 Form 990s I brought forward (linked above):

     

    UND Sports Facilities:
    Gave $751,469 to UND Athletics and $0 to UND Foundation.

     

    The rest of the transactions in the docs appear to be "bill paying" among the organizations (payroll, management fee, operating agreement fee). Have a read. That's why I linked them. 

    I'm assuming you haven't found any maintenance or capital spending budgets within these document searches?  It would be interesting to know the balances for these organizations and if any of these balances relate to maintenance or future capital spending projects?

    Kennedy vs. Engelstad Foundation: GF herald feature

    in Community

    Posted

    1 minute ago, jdub27 said:

    The REA has given back nowhere near $2.3 million each year, that figure is how much UND has paid the REA as part of the revenue share agreement. It also does not include the $247K UND paid in box office fees or the $1.1 million in utilities, maintenance staff, phone service and other expenses. UND received $750K back last year after sending around $3.7 million to the REA.

     

    Champions club revenue is separate. I believe the revenue FB missed out on last year due to the revenue split was around $250K.

    So ticket revenues for Football were around $520k total based on your number above? 

    Kennedy vs. Engelstad Foundation: GF herald feature

    in Community

    Posted

    1 minute ago, lawkota said:

    You do not have to be a Champions Club member to get football season tickets.

    So does the Football program actually contribute to the CC in other ways and how much is that?  If we can't mandate CC membership for Football, like we do in hockey, how much CC revenue is the hockey program producing for the rest of the sports programs?  Is the CC run by the REA or the University?

    Kennedy vs. Engelstad Foundation: GF herald feature

    in Community

    Posted

    Just now, UND1983 said:

    lets say its $10-100-1000...whatever.   Why does it need to be sent to the REA?   

    I have asked this question for a week now and got nothing.  

    I wasn't privy to the contractual discussions in 2001, but my wild guess has something to do with developing a trust fund to support the long term viability of the building and surrounding grounds or to make future investments in other facilities.  

    As for the revenue question it's rather pertinent...If the total ticket revenues were only $250k last year and if the football team could have gotten all of it, then it still wouldn't be the boon you expect it to be to pay for the team.  Although $125k isn't something to sneeze at, it still is not the boon the team requires.  Ultimately, how much more money does the FB need every season to be successful?  Should we be comparable to the Bison in your mind?

    Kennedy vs. Engelstad Foundation: GF herald feature

    in Community

    Posted

    Just now, sprig said:

    Yes on the cc member,  costs more than the tickets

    Wow, if I remember correctly you had to pay $500 to CC for two tickets and then the price of the tickets on top of that?  I would think the FB program would get to keep more of the CC money they generate, but it probably doesn't work that way in the AD...I'm assuming its a big pot and they get apportioned an amount by someone within the AD?

     

    Kennedy vs. Engelstad Foundation: GF herald feature

    in Community

    Posted

    Another thing that doesn't make sense to me...If the REA gives back ~$2.3 million to the AD each year as part of the deal, then who decides how that money is divided up between the sports programs?  Does the REA choose who gets what portion of that pie and if not, how is it their fault if the FB program isn't getting enough support???

    Kennedy vs. Engelstad Foundation: GF herald feature

    in Community

    Posted

    I keep hearing 52% of ticket sales for Football...Can someone put an actual $ amount to this?  Remember, the majority of the tickets that last 4 years of the FB program were not even at face value, so just simply multiplying the ticket price by the number of seats in the Alerus is not a true number.  I would like to know how much ticket sale revenue was generated the last year for instance - real dollars.  Also, I'm not a FB season ticket holder, but do you need to be a champions club member to buy tickets like they do in Hockey?  Remember, asking for a friend...

     

    Kennedy vs. Engelstad Foundation: GF herald feature

    in Community

    Posted

    19 hours ago, UND1983 said:

    I demand they not have two words at midcourt instead of a logo.  :huh:

    Well, just pony up about $20 million and I'm sure you will get someone at the University to let you do it!  But remember, once you give the gift you are out of the decision making process because the school always knows best how to spend your money....

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    Kennedy vs. Engelstad Foundation: GF herald feature

    in Community

    Posted

    14 hours ago, petey23 said:

    I am too lazy to go through the financial reports. They have been "doctored" in the past to cover women's hockey expenses and the like so not sure how accurate they are anyway.

    Keep it simple, yes or no questions.

    Has UND hockey outspent the money their program has brought to the University?

    Has football outspent the money their program has brought to the University?

    Has Men's Basketball outspent the money their program brought to the University?

    Has Women's Basketball outspent the money their program brought to the University?

    Has Volleyball outspent the money their program brought to the University?

    For the record, I have season tickets for hockey, I don't have season tickets for football but have attended about 75-80% of our home games over the last 10-12 years. I don't have season tickets for Men's Basketball but have attended about 20-25% of our home games over the last 8-10 years. I live 75-80 miles away from Grand Forks. Anytime we have a Basketball or Football game the same weekend as hockey I usually end up getting a hotel for the weekend and attend all events if their scheduling allows so save the Hockey only fan bit. I would go to more basketball games but Thursday nights usually don't work for me. 

    I think these are fair questions, but you are most likely not going to get honest answers from anyone on this board.  The only one that has a chance of matching or showing a profit is the Mens Hockey Program and to a lot of people on this board it pains them greatly to have to recognize this fact.  Additionally, it probably pains them even more to realize the football program has a huge hole to dig out of and it's not going to be done by one or two winning seasons, but rather a decade of excellence that puts significant amounts of fans in the seats and brings donors back to the program.  Your last paragraph is the key as its probably the modus operandi of a majority of the fans who support UND...Primary is the hockey program because of the winning history and the arena and any $s and time left over people will decide to go to another sport on campus if it doesn't conflict with the Hockey games. So, the Hockey program is the primary driver for athletic spending by alumni and fans - doesn't mean it will be true forever, but it's true now.

    I used to be a hockey season ticket holder, but kids and their sports don't mix well with making all the weekend games and I'm also a Football tailgater with my own bus and go to the football games for every home game and I can tell  you the fan support for football is diametrically different than the hockey crowd.  The tailgating in my mind is more of a foodie/drink gathering of friends and there is a considerable amount of people who just show up to the tailgating and don't even go to the game...I've seen people turn football tickets down for free at the tailgating events for football and I would never see this happen if it was for a hockey game - sad, but true.

    Lastly, anyone who comes on here and trashes the Engelstad Family or Foundation and believes whole-heartedly what President Kennedy is saying on the current issue should take a few steps back and ask themselves how much loyalty Mr. Kennedy has shown to the University in the last 18 months versus the loyalty given the last 40+ years from the Engelstad family....I think many people know a shakedown when they see it and my opinion Mr. Kennedy doesn't have too many months left at the University.

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    Kennedy vs. Engelstad Foundation: GF herald feature

    in Community

    Posted

    So, Ralph created these boards to manage the facility until 2030 because he knew the insatiable cash needs of the University would ultimately be the undoing of the facility and as of today we can see what happens to the University's athletics program when the State starts cutting contributions (Kennedy wants to renegotiate).  Ralph was pretty smart to handle it this way and hopefully they are building up enough a trust to maintain the structure and not have it reassigned to the State in 20 years because UND robbed its future to pay for its current deficits.  If you don't believe me, then ask how the people of the Thief River Falls are doing with their facility donated by Ralph but with no board structure like the UND campus version.  People are having to pay increases in property taxes and also have to volunteer, unpaid, to make the maintenance and day to day operational costs manageable for the facility.

    Whine all you want about the gift, but Ralph knew business and how people in power act and he protected the gift at least until 2030....

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    Students Spearhead Effort for Fighting Hawks Mascot

    in UND Nickname

    Posted

    4 hours ago, BarnWinterSportsEngelstad said:

    Does it really matter??? on and on  and on.

     

    Fighting Hawks with logo is here for the near future.

    The Mascot is here for the near future, the Z version won the vote.

     

    What will the name of the Mascot be?

    I've heard the name should be Loogie...As in Hawk a Loogie???  The kids will love it!!!

    • Upvote 1

    Students Spearhead Effort for Fighting Hawks Mascot

    in UND Nickname

    Posted

    5 minutes ago, UND1983 said:

    FYP.  The other fan bases are warming up slowly as evidenced by the gear in the stands.

    No doubt, but much of that stuff has been handed out for free by the University...It's all part of the plan to transition and I don't blame them for that, but I don't think its being accepted as much as some on this forum want to believe.  A simple check at retailers will show you the merchandise doesn't move very fast - bad for the University and the program, but I wouldn't blame the customer for not buying a product they don't like or for the certain portion of the population that feels it's been disregarded during the whole process.  In the end, the transition will be occur regardless, but I'm not sure the fan base will be the same nor will the University.  Case in point, the looming additional 10% budget cut to the NDUS will have a bigger impact on sports and academics than the current acceptance of the new logo and mascot IMHO.

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