CSU going bankrupt? lolno

[slider]

Tony Frank is saying this to anyone who will listen. I saw him speak at a dinner in February and he said public funding for universities in the state of Colorado will basically be done away with over the next decade.

Thanks a lot CSU

 

[CsquaredCC]

Thanks a lot CSU

It has nothing to do with CSU or CU for that matter. Direct your ire at your state representatives.

 

[Uncle Ken]

It has nothing to do with CSU or CU for that matter.

Settle down and appreciate the awesomeness of Slider's joke.

 

[DBT]

Tony Frank is saying this to anyone who will listen. I saw him speak at a dinner in February and he said public funding for universities in the state of Colorado will basically be done away with over the next decade.

Public funding will dry up? OH NO!! Oh wait. What public funding are you speaking of?

 

[Denver_sc]

Just got back from the stadium meeting. The feasibility firms there have done reports on hundreds of new stadiums and 50+ football stadiums.

CSU can expect a MINIMUM of $13million in extra revenue each year due to the stadium and a max of $22million. This comes from naming rights of the stadium, loge boxes, box seats, club seats that aren't at Hughes. An attendance of 37,800. Sounds like sustainable revenue.

They expect the fundraising to be at $212-490million. So yeah, $212million minimum.

Owned. Told you so

I've been trying to dig up the original feasibility study for the CSU stadium on this board without much luck (as an aside, if anyone has it, I'd really like to see it). I wanted to see the attendance projections in the study, because they completed their home slate yesterday and did, in fact, see a bump in attendance:


Troubling for them, though, that they only got 25K through the door yesterday. FWIW, The average attendance at Hughes in 2016 was 27,600, so this was not quite the bump they expected, and not nearly the 37,800 mentioned by the OP.

FWIW, the average attendance at Folsom was last under 32,000 back in 1965.

 

[89BUFF89]

This was their year to compete for MWC title and it didn’t happen. I’d expect attendance to steadily fall off as they struggle next season.

 

[The Alabaster Yak]

I've been trying to dig up the original feasibility study for the CSU stadium on this board without much luck (as an aside, if anyone has it, I'd really like to see it). I wanted to see the attendance projections in the study, because they completed their home slate yesterday and did, in fact, see a bump in attendance:


Troubling for them, though, that they only got 25K through the door yesterday. FWIW, The average attendance at Hughes in 2016 was 27,600, so this was not quite the bump they expected, and not nearly the 37,800 mentioned by the OP.

FWIW, the average attendance at Folsom was last under 32,000 back in 1965.

 

[Fight CU]

If you write it and really believe it in your heart of hearts then it’s true

 

[MtnBuff]

This was their year to compete for MWC title and it didn’t happen. I’d expect attendance to steadily fall off as they struggle next season.

Historically schools that have built new stadiums have seen a big jump in attendance the first year then over the next 3-5 it has declined back down again. It usually settles in above where it was before the new stadium but not a huge amount higher.

CSU also tends to trail off as their chances of winning the conference decline.

Next season they are less likely to be competitive in their league and also won't be starting the season with a P5 school.

They do have Arkansas coming in but that will be after they have taken their beating in Denver so for many of their fans the season will already be over. Don't know how well Arkansas travels so they may pick up numbers by having a stadium full of red.

They could very well start 0-3 starting with CU, then Arky, then travelling to Florida before finally getting Illinois State at home before starting MWC play.

Pretty easy to predict that they will see a solid decline in attendance.

 

[PAHIBuff]

Sugar Beet Field at Swine Castrating Stadium. There. Named It.

 

[Jello Bear]