Bisonfan1234 Posted January 23, 2004 Share Posted January 23, 2004 UND hockey generates more revenue through ticket sales and concessions than all NDSU sports combined. Evidently somebody must care. Yeah, the city of Grand Forks cares, they're the morons who pay an arm and a leg to watch. You'er simply lucky that Englested gave you the arena or you'd be slowly climbing out of a $100 million hole. Quote Link to comment Share on other sites More sharing options...
PCM Posted January 23, 2004 Share Posted January 23, 2004 You'er simply lucky that Englested gave you the arena or you'd be slowly climbing out of a $100 million hole. WARNING: Engage brain before operating keyboard! Quote Link to comment Share on other sites More sharing options...
WYOBISONMAN Posted January 23, 2004 Author Share Posted January 23, 2004 How in the hell did a half way intelligent thread turn into this.....lets get back on the topic..... Quote Link to comment Share on other sites More sharing options...
Hansel Posted January 23, 2004 Share Posted January 23, 2004 UND hockey generates more revenue through ticket sales and concessions than all NDSU sports combined. Evidently somebody must care. maybe/maybe not... An interesting website to check out university revenues is http://ope.ed.gov/athletics/Search.asp you can search for a school and it will give you their fiscal info.. NDSU football brought in 1.2 million vs 1.1 in expenses UND football brought in 450K with expenses of 860K All other UND sports including Hockey brought in 855K... hockey has no individual data "cell" as fb and bb do however much of UND's revenue is not allocated by sport (I am assuming alot came from Hockey) Quote Link to comment Share on other sites More sharing options...
Corella Posted January 23, 2004 Share Posted January 23, 2004 Quote Link to comment Share on other sites More sharing options...
UND92,96 Posted January 23, 2004 Share Posted January 23, 2004 Actually, I have heard/been told on many occasions that hockey made between $3-4 million last year. Swygy was also talking about it during the basketball game in St. Cloud, how suddenly St. Cloud, Mankato, and Omaha have a lot more athletic money then they have in the past on the sole basis of having good hockey crowds. I would say that's probably about right. It's hard to know exactly how many of the average of 10,700 people (average hockey attendance this year) are non-students, but if we conservatively estimate 7500, and a season ticket price of $345.00 (not including the FSC fee), that's about $2.6 million right there. Concessions at REA have got to bring in huge $$$, as well. I would think anywhere from $3 million to $5 million is realistic. Quote Link to comment Share on other sites More sharing options...
Hansel Posted January 23, 2004 Share Posted January 23, 2004 Quote Link to comment Share on other sites More sharing options...
The Sicatoka Posted January 23, 2004 Share Posted January 23, 2004 Remember: Profits of Ralph Engelstad Arena end up going back to UND Athletics. Ticket sales Concessions The Arena Pro Shop Quote Link to comment Share on other sites More sharing options...
The Sicatoka Posted January 23, 2004 Share Posted January 23, 2004 the max revenue for hockey in 03 could be just under 4.8 mil You're figuring just ticket sales. Did you forget that to have four seats in the lower bowl of REA you have to join the Fighting Sioux club at the Coaches Club level ($1100 per year)? Four in the lower at REA: $1100 FSC membership $345 $345 $345 * 2/3 (Coaches club discount) $345 * 2/3 (Coaches club discount) At that, the per seat price for over half the lower bowl jumps to $562.50. You have to be a FSC member for most of the upper also, but not at the $1100 level, but there is no "club level" seat price discount up there either. UND hockey is the UND Athletics cash-cow. Alternatively, imagine trying to fund a football program with just one home gate. Quote Link to comment Share on other sites More sharing options...
UNDvince97-01 Posted January 23, 2004 Share Posted January 23, 2004 i may have missed this in an earlier post, but how much is it for a suite in the REA for a year? i have heard some numbers in the past, but i want to see how they compare to what everyone else has heard. The cost for an organization to have a suite is very high. anyone who knows, please share. Quote Link to comment Share on other sites More sharing options...
Hansel Posted January 23, 2004 Share Posted January 23, 2004 You're figuring just ticket sales. Did you forget that to have four seats in the lower bowl of REA you have to join the Fighting Sioux club at the Coaches Club level ($1100 per year)? Four in the lower at REA: $1100 FSC membership $345 $345 $345 * 2/3 (Coaches club discount) $345 * 2/3 (Coaches club discount) At that, the per seat price for over half the lower bowl jumps to $562.50. You have to be a FSC member for most of the upper also, but not at the $1100 level, but there is no "club level" seat price discount up there either. UND hockey is the UND Athletics cash-cow. Alternatively, imagine trying to fund a football program with just one home gate. I am not doubting the UND hockey is a cash cow I know it is... but did you read the official report UND gave to the government? in 03 they had total revenues of 6.35M 183k from M BB 179K from WBB 446K from FB 759K from other womens sports total from these sports = 1.567M therefore total revenue 6.35M substract revenue attributed to non men's-hockey sports 1.567M 6.35-1.567= 4.783 or as I said... just under 4.8 million... so in theory UND men's hockey could have made as much as 4.8 million (probably less because other sports do have sources of revenue and booster money cannot all be attributed to UND hockey). Therefore unless UND's athletic department is filing false reports.. they could not have made more than 4.8M off hockey. Quote Link to comment Share on other sites More sharing options...
legend334 Posted January 23, 2004 Share Posted January 23, 2004 i believe the suites are 25,000 a year Quote Link to comment Share on other sites More sharing options...
The Sicatoka Posted January 23, 2004 Share Posted January 23, 2004 I'd guess your hockey numbers are right there. But how much did the Fighting Sioux Club, a body outside of UND Athletics reporting-wise, make? Those numbers don't get reported directly with the ones you quote (because they aren't UND Athletics). But the bigger question is this: Why are you arguing about how much money hockey makes for UND when it is clear that UND Hockey alone generates more revenue than all of Bison Athletics? The $4.8MM number you will even go with is roughly 3/4 NDSU's entire athletics budget! Food for thought: 2002-2003 Academic Year NCAA Total Attendance Numbers (may be differences in number of home games): School MBB FB WBB Hockey Sub-total UND: 47,924 56,930 38,497 256,591 399,942 NDSU 48,770 63,721 44,885 000,000 157,376 It takes money to play; money comes in through the gate first. Quote Link to comment Share on other sites More sharing options...
Hansel Posted January 23, 2004 Share Posted January 23, 2004 (edited) I'd guess your hockey numbers are right there. But how much did the Fighting Sioux Club, a body outside of UND Athletics reporting-wise, make? Those numbers don't get reported directly with the ones you quote (because they aren't UND Athletics). But the bigger question is this: Why are you arguing about how much money hockey makes for UND when it is clear that UND Hockey alone generates more revenue than all of Bison Athletics? The $4.8MM number you will even go with is roughly 3/4 NDSU's entire athletics budget! Food for thought: 2002-2003 Academic Year NCAA Total Attendance Numbers (may be differences in number of home games): School MBB FB WBB Hockey Sub-total UND: 47,924 Edited January 23, 2004 by somebison Quote Link to comment Share on other sites More sharing options...
UND Fan Posted January 23, 2004 Share Posted January 23, 2004 I do not have any idea how revenues from the Ralph are reported but I know the cost of each suite is $20-30,000 per year and the cost of providing each suite with food and beverages on any given night can run between $250 - $1,500 (many suites are routinely in the $750 - 1,000 range per game). Obviously, this is all not profit but there is a nice margin built in. This income from 48 suites (most of which are occupied each game), along with concession income from the other thousands of people attending every hockey game, amounts to a great deal of $. I would guess that this is not reported an income directly attributable to hockey but it does filter back to the Athletic Department. Quote Link to comment Share on other sites More sharing options...
Bisonfan1234 Posted January 23, 2004 Share Posted January 23, 2004 I'd guess your hockey numbers are right there. But how much did the Fighting Sioux Club, a body outside of UND Athletics reporting-wise, make? Those numbers don't get reported directly with the ones you quote (because they aren't UND Athletics). But the bigger question is this: Why are you arguing about how much money hockey makes for UND when it is clear that UND Hockey alone generates more revenue than all of Bison Athletics? The $4.8MM number you will even go with is roughly 3/4 NDSU's entire athletics budget! Food for thought: 2002-2003 Academic Year NCAA Total Attendance Numbers (may be differences in number of home games): School MBB FB WBB Hockey Sub-total UND: 47,924 56,930 38,497 256,591 399,942 NDSU 48,770 63,721 44,885 000,000 157,376 It takes money to play; money comes in through the gate first. We also have boosters that don't report. Quote Link to comment Share on other sites More sharing options...
lawkota Posted January 23, 2004 Share Posted January 23, 2004 however wouldn't fighting sioux club/teammakers money etc be under be classified under revenue not allocated by sport as the money raised is given to the athletics dept. causing it to be classified as "revenue"? That would be my quess. And it would be wrong to attribute every FSC dollar to hockey. However, you must take into account that the contributions to UND that come from REA are net figures, not gross. And since REA is an entity distinct from the university, its revenue would not be included in the figures reported. If you factor in the gross revenue that REA gets from hockey (suite and club seat rental, concessions, merchandise, etc), it would certainly add at least $2-3 million in revenue. I don't know if this would be enough to make hockey a bigger revenue generator than the entire NDSU athletic department, but it would be close. Quote Link to comment Share on other sites More sharing options...
UNDvince97-01 Posted January 23, 2004 Share Posted January 23, 2004 regarding prices for suites at REA, i have heard that with beverages and food included, they can range from $40,000 to $50,000 per year. its just what i have heard from a few people, so take it for what it's worth. Quote Link to comment Share on other sites More sharing options...
The Sicatoka Posted January 23, 2004 Share Posted January 23, 2004 The suite is $25,000.00 a year. You pay for catering to your suite separately after each event. A few beers, some munchies, some sodas, cha-ching. Quote Link to comment Share on other sites More sharing options...
legend334 Posted January 23, 2004 Share Posted January 23, 2004 suite is 25,000 for a business to get it, a case of beer for example if 40.00....i have heard that next year hockey is raising ticket prices and propably suite prices, since basketball will be playing all or most of their home games in the areana, i am guessing up to 35,000 or 40,000.....just a guess....i aslo heard coach Blais isnt happy about the raise in prices, since the arena is technically sold out....but seats are still available...interesting side note.... Quote Link to comment Share on other sites More sharing options...
The Sicatoka Posted January 23, 2004 Share Posted January 23, 2004 Empty "sold" seats really bother me. Give them away to a friend if you can't use them. I'm a yet to not be able to find someone willing to use a ticket. Admittedly, there's another "hidden" problem within this "empty seats" realm that even Blais would probably admit: For a lot of those empty seats the season ticket holders are there but are up in the Club Rooms or in a friend's suite (drinkin' their $40 a case beer). Quote Link to comment Share on other sites More sharing options...
legend334 Posted January 23, 2004 Share Posted January 23, 2004 another deal most people dont know about is the amount of money UND athletics pays the REA...money up front as well as rental to use the REA each month for hockey...as well as REA getting half the ticket sales..so i would venture to say after all is said and done...UND is getting a raw end of the deal in the exchange....again...my opinion....life was so much easier in the old barn......gotta feeling life will be much much different with volleyball and hoops moving to the Ralph.... Quote Link to comment Share on other sites More sharing options...
The Sicatoka Posted January 23, 2004 Share Posted January 23, 2004 another deal most people dont know about is the amount of money UND athletics pays the REA...money up front as well as rental to use the REA each month for hockey...as well as REA getting half the ticket sales..so i would venture to say after all is said and done...UND is getting a raw end of the deal in the exchange....again...my opinion....life was so much easier in the old barn......gotta feeling life will be much much different with volleyball and hoops moving to the Ralph.... Help me out here: Which of that is fact and which is your opinion? Mr. Engelstad explicitly stated he built REA to benefit Fighting Sioux Hockey and UND Athletics. So why exactly would REA charge them to use the facilities built for them? Quote Link to comment Share on other sites More sharing options...
legend334 Posted January 23, 2004 Share Posted January 23, 2004 do you want to see the contract....its all fact....the public doesnt always get the WHOLE story.....as in every case..... Quote Link to comment Share on other sites More sharing options...
legend334 Posted January 23, 2004 Share Posted January 23, 2004 REA charges UND because they are a privately run business....someone earlier asked to see the books that REA has...come on...yeah right.....do you think he mad millions of dollars without being able to shade the books how he wants...he can make it look like he made a million or lost a million....a lot like farming...you can write off a ton of capital equipment...cost....all of it Here is another great one.....basketball, men's and women's and volleyball need to fund raise their money for their locker rooms as well as their offices....guess 8 million doesnt go too far huh.... Quote Link to comment Share on other sites More sharing options...
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