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CSU Getting Desperate?

OMFGasm said:
1)Already posted this a thousand times. Sorry you can't read
2)Increased athletic budget

Again, learn to read. My limit is posting things 20 times. After that, you're on your own
Click to expand...
2) Increased athletic budget is NOT SOME MAGIC STATEMENT. Where does the budget come from? Is that budget sustainable? Or is it a one time boost dependent on Frank that will soon end as he faces backlash for wasting money on a horrible football team with no support?
 
OMFGasm said:
It's not my fault you all have the mental capacity of a two year old
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I think if you presented my post and your response to any impartial reader, that individual would reach a different conclusion regarding who the "two year old" was in that exchange.
 
OMFGasm said:
You know CU is grasping for straws when the best thing they can talk about is CSU adding 5 walk-ons who will likely never play.
Click to expand...

Date: Dec 03, 2011 • Site: Fort Collins, Colo. • Stadium: SLF @ Hughes Stadium • Attendance: 17207

:lol:
 
OMFGasm said:
You know CU is grasping for straws when the best thing they can talk about is CSU adding 5 walk-ons who will likely never play.
Click to expand...

Date: Nov 26, 2011 • Site: Fort Collins, Colo. • Stadium: SLF @ Hughes Stadium • Attendance: 14107

:lol:
 
OMFGasm said:
You know CU is grasping for straws when the best thing they can talk about is CSU adding 5 walk-ons who will likely never play.
Click to expand...
Date: Nov 12, 2011 • Site: Fort Collins, Colo. • Stadium: SLF @ Hughes Stadium • Attendance: 16811

:lol:
 
Darth Snow said:
2) Increased athletic budget is NOT SOME MAGIC STATEMENT. Where does the budget come from? Is that budget sustainable? Or is it a one time boost dependent on Frank that will soon end as he faces backlash for wasting money on a horrible football team with no support?
Click to expand...

Sure it is. I have decided to double my monthly budget. There done. I am now twice as rich.

No need to worry about how I will fall desperately into a credit card debt hole which would be almost impossible to crawl out of. Nothing to see here.
 
Heywood said:
Can we talk about fat chicks again?
Click to expand...
colorado-state-university-football-fans-at-stadium.jpeg
 
Total Project Funding Sources - $173m - $437m

Private Donations - $45m - $220m
Financed - $128m - $217m

Expected Annual Revenues:

Corporate Naming & Sponsorships - $3.45m - $4.8m
Premium Seating - $3.7m - $6.7m
Event, Facilities Development Fee and Other Revenue - .44m - $1.4m

5. Is all the private money needed to fund the stadium ready to be spent when CSU decides to move forward with the stadium?
a. No. No fundraising campaigns have been started for privately financing a stadium​

16. Everyone in attendance was asked to raise hands if they were in favor of the stadium. No hands were raised, however one attendee mentioned that she was still trying to understand the impacts and hadn’t decided.


:lol:​
 
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CUwhit21 said:
Total Project Funding Sources - $173m - $437m

1. Private Donations - $45m - $220m
2. Corporate Naming & Sponsorships - $3.45m - $4.8m
3. Premium Seating - $3.7m - $6.7m
4. Event, Facilities Development Fee and Other Revenue - .44m - $1.4m
5. Financed - $128m - $217m



5. Is all the private money needed to fund the stadium ready to be spent when CSU decides to move forward with the stadium?
a. No. No fundraising campaigns have been started for privately financing a stadium​

16. Everyone in attendance was asked to raise hands if they were in favor of the stadium. No hands were raised, however one attendee mentioned that she was still trying to understand the impacts and hadn’t decided.


:lol:​
Click to expand...

What is this from?

If item 16 is true, then certainly I am jealous of the CSU Leadership. It really takes a remarkable leader to relay a vision in order to achieve that level of consensus.
 
Buffnik said:
The burning question is whether Wally should be killed by the heft of the fat chick or whether this scene would have Wally ditching Burrito & pals (who were his ride), getting stranded 50 miles from home, and having to do a 10-hour walk of shame. Of course, Wally wouldn't realize it was a walk of "shame" because he'd be proud of his accomplishment and have a skip in his step the whole way.

Meanwhile, Wally would think the pictures were awesome.
Click to expand...

What is Snow, er Demi, doing all this time?
 
CUwhit21 said:
Total Project Funding Sources - $173m - $437m

1. Private Donations - $45m - $220m
2. Corporate Naming & Sponsorships - $3.45m - $4.8m
3. Premium Seating - $3.7m - $6.7m
4. Event, Facilities Development Fee and Other Revenue - .44m - $1.4m
5. Financed - $128m - $217m



5. Is all the private money needed to fund the stadium ready to be spent when CSU decides to move forward with the stadium?
a. No. No fundraising campaigns have been started for privately financing a stadium​

16. Everyone in attendance was asked to raise hands if they were in favor of the stadium. No hands were raised, however one attendee mentioned that she was still trying to understand the impacts and hadn’t decided.


:lol:​
Click to expand...


Quick note to gasm - the term "Financed" means "Borrowed". When you borrow money, you go into debt. You're talking about going into debt at a MINIMUM of $128MM. Using my handy dandy financial calculator, that means at 2.5% spread out over 30 years, the debt service comes to over $6MM per year. If you come in at the high end of that projection - at $217MM, your annual debt service increases to over $10MM. That's somewhere between $6MM and $10MM per year that you aren't paying now and would have to come from somewhere. It's not coming from increased ticket sales. It's not coming from increased media payments.
 
Orr said:
What is this from?

If item 16 is true, then certainly I am jealous of the CSU Leadership. It really takes a remarkable leader to relay a vision in order to achieve that level of consensus.
Click to expand...

CSU's Feasibility Study summarizes questions & answers, if provided, from all the meetings.
 
sackman said:
Quick note to gasm - the term "Financed" means "Borrowed". When you borrow money, you go into debt. You're talking about going into debt at a MINIMUM of $128MM. Using my handy dandy financial calculator, that means at 2.5% spread out over 30 years, the debt service comes to over $6MM per year. If you come in at the high end of that projection - at $217MM, your annual debt service increases to over $10MM. That's somewhere between $6MM and $10MM per year that you aren't paying now and would have to come from somewhere. It's not coming from increased ticket sales. It's not coming from increased media payments.
Click to expand...

Sack-slapped!
 
sackman said:
Quick note to gasm - the term "Financed" means "Borrowed". When you borrow money, you go into debt. You're talking about going into debt at a MINIMUM of $128MM. Using my handy dandy financial calculator, that means at 2.5% spread out over 30 years, the debt service comes to over $6MM per year. If you come in at the high end of that projection - at $217MM, your annual debt service increases to over $10MM. That's somewhere between $6MM and $10MM per year that you aren't paying now and would have to come from somewhere. It's not coming from increased ticket sales. It's not coming from increased media payments.
Click to expand...

Weddings
 
sackman said:
Quick note to gasm - the term "Financed" means "Borrowed". When you borrow money, you go into debt. You're talking about going into debt at a MINIMUM of $128MM. Using my handy dandy financial calculator, that means at 2.5% spread out over 30 years, the debt service comes to over $6MM per year. If you come in at the high end of that projection - at $217MM, your annual debt service increases to over $10MM. That's somewhere between $6MM and $10MM per year that you aren't paying now and would have to come from somewhere. It's not coming from increased ticket sales. It's not coming from increased media payments.
Click to expand...

Gaga concerts
 
sackman said:
Quick note to gasm - the term "Financed" means "Borrowed". When you borrow money, you go into debt. You're talking about going into debt at a MINIMUM of $128MM. Using my handy dandy financial calculator, that means at 2.5% spread out over 30 years, the debt service comes to over $6MM per year. If you come in at the high end of that projection - at $217MM, your annual debt service increases to over $10MM. That's somewhere between $6MM and $10MM per year that you aren't paying now and would have to come from somewhere. It's not coming from increased ticket sales. It's not coming from increased media payments.
Click to expand...

Sounds like they'll be issuing some bonds
 
OMFGasm said:
Ban me because I post valid points? Seems reasonable
Click to expand...

SIAP; I haven't read the whole thread yet, but you and I have VASTLY different definitions of valid points. Laughing at Snow's legitimate answer to your "good question" is not a valid point.

Explain to me how Cap'n Jack is not "all flash and no substance?" You have no PROOF that his football hire will be successful. You seem to be hanging your hat on the fact that he's increased Ram Club donations to the point that would be barely acceptable for many other ADs and that he's promised a new stadium with no real CONFIRMED funding sources. You also willfully ignoring the fact that there are only 5K season tix sold at this point even with all the new enthusiasm touched off by the new AD/Prez. Part of the AD's mission statement is to put butts in seats.

Please, respond to this with "Valid points," if you can manage to do so before September 2nd comes and we don't see you until next August.

whatthebuff said:
Funerals?
Click to expand...

Something will be getting buried. That's for sure.
 
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