Lagardère Unlimited Signs Patrick Peterson NFL Unveils '14 Int'l Series Schedule Austin F1 Race Will Be Earlier In '14 Super Bowl Committee To Host Transit Briefing VW Opts Out Of DC United Sponsorship Burton Unveils U.S. Snowboarding Unis Names In The News MMF: Compelling Digital Content A Necessity Minding My Business With Nancy Gay
SBD/September 7, 2012/CollegesPrint All
The NCAA and the men's basketball selection committee "have discussed the possibility of moving the Final Four out of a dome and into an arena in a major metropolitan city," according to Andy Katz of ESPN.com. The Final Four, booked through '16, "hasn't been played in an arena since 1996." The chances of that changing "remain a longshot, but it was brought up at the selection committee's summer meeting and again last week at the National Association of Basketball Coaches meeting" by new NCAA Exec VP/Championships & Alliances Mark Lewis. Lewis on Thursday said that when he "was hired earlier this year, he took out a United States map and saw that both coasts are largely left off from hosting the Final Four." Lewis: "None of the cities where we play our championship is named New York, Boston, Los Angeles, Chicago or Miami. We don't play on a campus. We play in professional football arenas." Xavier Univ. AD and selection committee Chair Mike Bobinski said that the committee "must decide if it makes sense to exclude key areas of the country just because they don't have arenas that meet the specs required to host a Final Four." Lewis said that the committee "has to ask itself if the Final Four is a true national championship, why are only certain parts of the country, mostly in the middle, allowed to promote and showcase it." But Katz noted going from "an arena with 70,000-seat capacity to 20,000 would be a huge hit for ticket revenue." Lewis said that the NCAA "will analyze if there is an offset of cost if it doesn't have to deal with setting up and tearing down the set-up at a dome for a basketball event" (ESPN.com, 9/6).
With the Univ. of Massachusetts playing its first season as an FBS program, Bob Hohler of the BOSTON GLOBE takes an in-depth look at the program’s decision to play home games at Gillette Stadium. The “longest commute to a home game in American college sports will signal a turning point in the 130-year history of UMass football -- a test of whether relocating the school’s home games to an NFL stadium nearly 100 miles away and investing millions of dollars to try to catapult the state’s flagship university into the gilded realm of big-time college football is visionary management or a misguided gamble.” The fact is, “no one foresees a financial bonanza anytime soon.” However, UMass officials have “crafted a blueprint for the upgrade that aims to limit the risks of a potential failure but offers little promise of a significant payoff through at least 2020.” UMass football has “long relied heavily on school funding,” as “nearly two-thirds of the team’s budget this year -- $4.2 million of the $6.5 million total -- will be derived from institutional support, including student fees and a direct subsidy.” Little is “expected to change, at least for many years” because the university’s plan for the upgrade “forecasts no reduction in the football subsidy until 2016, when it would drop by only $3,000.”
KRAFTWERK: Under the five-year agreement, Gillette Stadium Owners the Krafts will “control ticket, concession, and merchandise sales, and equally split with UMass the first $300,000 in ticket revenues per game.” The Krafts then will “retain the amount above $300,000 to cover their costs of staffing and operating the stadium, an estimated $125,000 per game.” Should “additional ticket revenue exist, UMass and the Krafts would split it evenly.” The arrangement “effectively guarantees the university will earn at least $150,000 per home game, even if attendance lags.” The deal “requires UMass to play all its home games at Gillette in 2012 and ’13, then play at least four games a year there through 2016.” To “sell the upgrade, UMass is spending about $550,000 in advertising,” but ticket sales “have been sluggish.” To date, season-ticket sales “have topped out at about 2,200, compared with about 2,000 last year” and total sales for the home opener “have yet to top 11,000” (BOSTON GLOBE, 9/7).