rocketfootball wrote:As for what UT could get if we have a home game with 30K in attendance. At $20 per ticket that would be $400,000 assuming that only 20K of that were people that bought tickets....10K being students or comp tickets. Then you consider parking fees, and concession fees which more than pay for the expenses involved in having people do the concessions, having people pickup the money at parking areas, and having seat attendents. At worst case I would say Toledo has to make at least $400,000 and probably more like $450,000 revenue on a home game when we get near 30K in attendance.
Now if we get let's say a $450,000 payout from OSU, which I believe is higher than they offered us, and you subtract expenses for travelling there which include gas for the buses and meals and other miscellaneous expenses for the players and coaches I can't see where Toledo would get more than $400,000 tops and probably something in the $300,000 range. And like I said, I have very good reason to believe that $450,000 is higher than they offered Toledo.
Okay, but to get that big day at the Glass Bowl with $400,000 in gross (or let's assume net, to be generous) revenue, you probably have to two games at Purdue, one of which will generate no guarantee (because UT doesn't have to offer a guarantee for the Glass Bowl game). On the third game, Purdue will offer, what, $200,000? Let's assume that. And don't forget to subtract travel expenses -- maybe $50,000 per game at West Lafayette.
So, for three games, Toledo might be netting $166,000 per game -- versus netting maybe $300,000 for playing once at Ohio State, with an opportunity to schedule two other games. If you can get more than $100,000 each for those other games, then Toledo is ahead financially.
The opportunity to bring Purdue to your stadium is worth something intangible. It makes your fans happy, it gives the program a better shot at a high profile win, etc.
But, strictly in terms of dollars and cents, the single game at OSU looks to me like it might be better... depending, of course, on how much they offered.