• He claims that none of these costs willevercome out of student fees or state money. His estimated cost for a "bare bones" stadium with none of the hype shown in the publicity is $246 million. And the administration is already talking about floating loans from $167 million to $270 million against highly exaggerated future revenues. Moody's estimates that when these loans occur, CSU will already be $720 million in debt. Add a main-campus stadium and that debt could top $1 billion. Many universities are currently in financial distress because of these kinds of shenanigans.
Read more:Will an on-campus football stadium at CSU help the school's academic mission? No - The Denver Posthttp://www.denverpost.com/opinion/ci_20967709/no-false-pitch-by-csu-athletics#ixzz1zNvFSuP6
Read The Denver Post's Terms of Use of its content: http://www.denverpost.com/termsofuse
At least someone up there understands feasibility studies.
Point and counterpoint in the Denver Post today
For
[/I]http://www.denverpost.com/opinion/ci_20967713/yes-build-it-and-donors-will-come
Against
[/FONT][/LEFT]http://www.denverpost.com/opinion/ci_20967709/no-false-pitch-by-csu-athletics
This pitch is false. National expert David Ridpath, a CSU alum and professor of sports management at Ohio University, says that a main-campus stadium, if it succeeds in making football the focus of CSU, "will change the culture of CSU forever, academically, athletically, and socially. It will affect academics, student fees, and academic subsidies. This issue affects everybody."
Agreed, and it is a huge weak point in his argument. He makes lots of good points, however.The problem I have with that "against" approach is that he assumes as new stadium would "make football the focus of CSU". That is the usual argument used by anti-athletics people everywhere. If a school tries to succeed athletically, the school suddenly doesn't care about academics. It creates a false choice between athletics and academics. Done properly (which there is a very good argument CSU would not be doing, given the likely reality of the numbers), the two can complement each other. If athletics improvements can be done in a way that is self-funding (as CU should be able to do with the increase in Pac-12 revenue and reasonable private funding), it is excellent promotion for the University, while taking nothing away from academics. Nobody is talking about turning CSU into an $EC style football factory - at least no reasonable person.
Agreed, and it is a huge weak point in his argument. He makes lots of good points, however.
:lol: ya my hackles reflexively went up big time when I read that.Yeah, he makes sense when it comes to CSU specifically. Points we've been making here all along, actually. That line just caught my attention, though, because we've heard that same kind of reasoning so many times when it comes to CU from the anti-athletics contingent in Boulder...
SIAP, but I figured this thread was perfect for this article:
http://blutarsky.wordpress.com/2012/07/02/more-money-than-sense/
It talks about how much trouble the Maryland AD is in financially as a result of ill-advised upgrades to FB and BB facilities.
I'd say that this is a much more likely scenario for CSU than a University of Minnesota scenario repeat itself.
Please do your research.....80% of Colorado high school grads majoring in science, tech, and math go to CSU....therefore CSU is THE FLAGSHIP University. And CU not only raises their tuition, they've changed how they report their fundraising as CSU is kicking their butt there also. CU includes research money now as donations while CSU in their $500 million fundraising campaign did not. And don't forget when it comes to fundraising CU has four campuses including a med school AND CSU again with one campus and no medical school raised $500+ million during the worst economic climate our country has seen in generations. Way to go RAMS! Build the stadium and we'll kick Ralphies' butt there too.
80% of Colorado high school grads majoring in science, tech, and math go to CSU
I thought you guys would all get a kick out of this comment re: the new stadium
[/FONT][/COLOR][/LEFT]http://neighbors.denverpost.com/viewtopic.php?f=8&t=21204552&st=0&sk=t&sd=a&start=20
CU just keeps increasing tuition and admitting more out of state than in-state students to make up some the difference.
...CU has four campuses including a med school AND CSU again with one campus and no medical school...
Um, CSU fan, you have more than one campus. Way to know your own school.
Jealous? Those aren't even undergrad, they're graduate programs.They must be counting the Fibers and Pottery majors as part of tech.
You can't bet this dumb. Slider, did you take over his account? :rofl: almost spit my lunch into the computer.Jealous? Those aren't even undergrad, they're graduate programs.
ghost technique 4090?What type of classes does it take to get a Masters in Pottery? Wow
You can't bet this dumb. Slider, did you take over his account? :rofl: almost spit my lunch into the computer.
ghost technique 4090?
Jealous? Those aren't even undergrad, they're graduate programs.
They must be counting the Fibers and Pottery majors as part of tech.
Jealous? Those aren't even undergrad, they're graduate programs.