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Why doesn't the Alerus host a hockey regional


SiouxVolley

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16 minutes ago, chicofelipe said:

They could host B1G, WCHA, and NCHC conference tournaments at the same time. (B1G would go on the olympic sheet for seating purposes)

 

I don't know 1200 seats plus standing room might not fit all the big heads of the little six. 

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I always thought it would be cool to have an outdoor game at Memorial Stadium. Too bad they took out one side of the bleachers...too bad the Ralph is already pretty large...no ice making equipment needed....still be a fun idea....few "extra" bucks for portable bleachers and a "renewed" rivalry with the Gophers could be a pretty "cool" event. 

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On 4/4/2016 at 6:42 PM, Vegas_Sioux said:

11,000 seat arena designed for college hockey, I can see why the NCAA doesn't like host schools at home, how would they fill it?:silly:

This is the big elephant in the room. The NCAA is causing the problems with the regionals by having them in neutral sites where attendance is terrible. The model is not sustainable and it needs to change to something better for the fans and the bottom line.

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5 minutes ago, fightingsioux4life said:

This is the big elephant in the room. The NCAA is causing the problems with the regionals by having them in neutral sites where attendance is terrible. The model is not sustainable and it needs to change to something better for the fans and the bottom line.

It is actually the coaches that continue to shoot down the rule change, not the NCAA. I don't know what power the rules committee has but there have been multiple efforts to get it changed and the votes against it are incredibly in favor to leave it as is.

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1 minute ago, jdub27 said:

It is actually the coaches that continue to shoot down the rule change, not the NCAA. I don't know what power the rules committee has but there have been multiple efforts to get it changed and the votes against it are incredibly in favor to leave it as is.

Well, whomever wants to do it this way better not b!tch and moan about the lack of revenues and/or fans at these games. Because that isn't going to change anytime soon.

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6 minutes ago, fightingsioux4life said:

Well, whomever wants to do it this way better not b!tch and moan about the lack of revenues and/or fans at these games. Because that isn't going to change anytime soon.

Hockey is one of the few sports in the NCAA that actually makes money. The NCAA isn't complaining about a lack of revenue. Only people in places like this board are complaining about a lack of fans. The coaches understand that they could get more fans on campus, but they want a neutral site.

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12 minutes ago, 82SiouxGuy said:

Hockey is one of the few sports in the NCAA that actually makes money. The NCAA isn't complaining about a lack of revenue. Only people in places like this board are complaining about a lack of fans. The coaches understand that they could get more fans on campus, but they want a neutral site.

How in the HECK are they making money at these regionals?

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13 minutes ago, fightingsioux4life said:

How in the HECK are they making money at these regionals?

They may or may not make money on individual regionals. They make plenty of money on the Frozen Four and on the television contract for the entire tournament, enough to pay all expenses plus make money for the season.

It wouldn't make any difference whether they made money on hockey or not. They make enough money on the March Madness television contract to pay all expenses for all sports and still pay member colleges millions and millions of dollars. Plus they make good money on football. Any money they make on other sports like hockey and baseball is gravy.

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9 minutes ago, 82SiouxGuy said:

They may or may not make money on individual regionals. They make plenty of money on the Frozen Four and on the television contract for the entire tournament, enough to pay all expenses plus make money for the season.

It wouldn't make any difference whether they made money on hockey or not. They make enough money on the March Madness television contract to pay all expenses for all sports and still pay member colleges millions and millions of dollars. Plus they make good money on football. Any money they make on other sports like hockey and baseball is gravy.

Well, it's like the title of one of those old James Bond films, "The World Is Not Enough". When it comes to $$$$$, it is never enough.

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7 hours ago, fightingsioux4life said:

Well, it's like the title of one of those old James Bond films, "The World Is Not Enough". When it comes to $$$$$, it is never enough.

The NCAA can't keep the money. It isn't a for profit business. And they already have their gold mine in March Madness. So they don't have to make other decisions based on money.

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54 minutes ago, 82SiouxGuy said:

The NCAA can't keep the money. It isn't a for profit business. And they already have their gold mine in March Madness. So they don't have to make other decisions based on money.

There are a lot of people that would contest this point. I think the NCAA uses it's tax exempt status to run a for-profit business inside a tax shelter.

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8 hours ago, fightingsioux4life said:

How in the HECK are they making money at these regionals?

A regional only has to bid a minimum of $150 k to get it, as long as there is some venue not bidding more.  Typically, only 3000 tickets need to be sold for one session to cover the bid and one session of a couple thousand to cover the rentall of the arena, and then it's all profit assuming the facility rent is not too high.  Most tickets got sold for the Excel Center but didn't get used.

The Frozen Four is an entirely different matter, as the minimum bid is $2.5 mill.  That kind of outlay needs a nearly full venue and a good economic impact from overnight visitors.  Say Tampa's attendance is 18k a session, which would be 54k total, at $80 a ticket / session.  That amounts to over $4.3 million just in tickets for the FF.  The hotel, retail, eating would be order of magnitune higher in financial impact.

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1 minute ago, SiouxVolley said:

A regional only has to bid a minimum of $150 k to get it, as long as there is some venue not bidding more.  Typically, only 3000 tickets need to be sold for one session to cover the bid and one session of a couple thousand to cover the rentall of the arena, and then it's all profit assuming the facility rent is not too high.  Most tickets got sold for the Excel Center but didn't get used.

The Frozen Four is an entirely different matter, as the minimum bid is $2.5 mill.  That kind of outlay needs a nearly full venue and a good economic impact from overnight visitors.  Say Tampa's attendance is 18k a session, which would be 54k total, at $80 a ticket / session.  That amounts to over $4.3 million just in tickets for the FF.  The hotel, retail, eating would be order of magnitune higher in financial impact.

Thanks for the insight, it makes more sense now.

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31 minutes ago, fightingsioux4life said:

There are a lot of people that would contest this point. I think the NCAA uses it's tax exempt status to run a for-profit business inside a tax shelter.

Those would be people that don't know anything about how the IRS views and reviews non-profits, and don't know how the finances of college sports actually work. The IRS is very strict about monitoring non-profits, and the money that flows through them. The NCAA isn't going to risk losing its non-profit status in any way. The member schools that make up the NCAA would not let that happen. Most of the dollars pass through the NCAA and go to the individual member schools. The majority of the member schools are also non-profit organizations.

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Nonprofit corporations differ from profit-driven corporations in several respects. The most basic difference is that nonprofit corporations cannot operate for profit. That is, they cannot distribute corporate income to shareholders. The funds acquired by nonprofit corporations must stay within the corporate accounts to pay for reasonable salaries, expenses, and the activities of the corporation. If the income of a corporation inures to the personal benefit of any individual, the corporation is considered to be profit driven. Salaries are not considered personal benefits because they are necessary for the operation of the corporation. An excessive salary, however, may cause a corporation to lose its nonprofit status.

 

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