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Associate AD was on Moscona this afternoon talking about a new arena... summary??
Posted on 3/5/24 at 6:30 pm
Posted on 3/5/24 at 6:30 pm
I totally missed it because I had to answer a work call. Can anybody summarize?
I heard Moscona's reaction and he sounded like he was in the throes of orgasmic ecstasy.
I heard Moscona's reaction and he sounded like he was in the throes of orgasmic ecstasy.
This post was edited on 3/5/24 at 6:50 pm
Posted on 3/5/24 at 6:41 pm to Slippy
I thought you were gonna give us a summary not be asking for one
Posted on 3/5/24 at 6:44 pm to Slippy
PVC pipe upgrade. Not a new arena
Posted on 3/5/24 at 6:50 pm to Slippy
quote:
I heard Moscona's reaction and he sounded like he was in the throes of orgasmic ecstasy.
He was probably just thinking about how he’s friends with the Ryans, Theriot and Clark.
Posted on 3/5/24 at 6:51 pm to Slippy
- 5 year timeline but hope to be done in 4
- private developer who will own the arena. LSU would enter 30 year lease to own agreement
- current PMAC would be retained for practice facility/sports admin space
-On days LSU didn’t host sporting events, new arena would serve as entertainment venue
- River center to become convention center with non-compete clause to new area
- all revenue generated from LSU related events would be kept by LSU
- Scouting multiple locations. Across from The Box by the golf course seems to be in 1st place right now
- private developer who will own the arena. LSU would enter 30 year lease to own agreement
- current PMAC would be retained for practice facility/sports admin space
-On days LSU didn’t host sporting events, new arena would serve as entertainment venue
- River center to become convention center with non-compete clause to new area
- all revenue generated from LSU related events would be kept by LSU
- Scouting multiple locations. Across from The Box by the golf course seems to be in 1st place right now
Posted on 3/5/24 at 6:54 pm to Slippy
moscona’s interview
It's worse than what I expected.
LSU only will pick the low bid.
LSU isn't even picking the site. I guess maybe they shouldn't, they won't be paying for it and won't own it.
1. Teams won't even be able to practice in it.
2. LSU won't even own it - a developer will.
3. insanity sets in by eliminating the track facility
4. developer will select a site no where near the pmac
5. LSU will only be allowed to have games in the new arena.(approximately will have exclusive use 60-70 days per year)
6. Moscona couldn't ask the tough question. Are you getting input from any of the coaches?
7. I got a bridge I want to sell to these motherfrickers.
ETA: ITS A CONCERT HALL WITH REMOVABLE BASKETBALL GOALS...LMAO
It's worse than what I expected.
LSU only will pick the low bid.
LSU isn't even picking the site. I guess maybe they shouldn't, they won't be paying for it and won't own it.
1. Teams won't even be able to practice in it.
2. LSU won't even own it - a developer will.
3. insanity sets in by eliminating the track facility
4. developer will select a site no where near the pmac
5. LSU will only be allowed to have games in the new arena.(approximately will have exclusive use 60-70 days per year)
6. Moscona couldn't ask the tough question. Are you getting input from any of the coaches?
7. I got a bridge I want to sell to these motherfrickers.
ETA: ITS A CONCERT HALL WITH REMOVABLE BASKETBALL GOALS...LMAO
This post was edited on 3/5/24 at 7:21 pm
Posted on 3/5/24 at 7:02 pm to Supermoto Tiger
I don’t disagree with some of your negatives, but realistically what are the other options for a new arena?
It remains to be seen how expensive that lease fee would be, but outside of that it seems like a fair deal similar to any pro basketball arena.
It remains to be seen how expensive that lease fee would be, but outside of that it seems like a fair deal similar to any pro basketball arena.
Posted on 3/5/24 at 7:03 pm to Supermoto Tiger
A new state of the art arena at no cost to LSU or the tax payer that both vastly upgrades the game day experience and potentially attracts legitimate entertainment options to town?
Sounds like the best idea Baton Rouge has had in a long time.
Sounds like the best idea Baton Rouge has had in a long time.
Posted on 3/5/24 at 7:03 pm to Bayou_Tiger_225
There should be 1 site - the track area
Posted on 3/5/24 at 7:04 pm to Supermoto Tiger
Idk what else you’re expecting LSU to be able to do. A new arena costs about 300 million these days and even rich arse Texas had to partner with the city. Their endowment is 40 billion and they even did this.
Alabama can’t raise the money they need for theirs which is roughly 250 million. We fricked up not building an arena pre covid construction costs like ole miss and auburn
Alabama can’t raise the money they need for theirs which is roughly 250 million. We fricked up not building an arena pre covid construction costs like ole miss and auburn
Posted on 3/5/24 at 7:07 pm to Supermoto Tiger
Do you honestly think
(a) LSU could afford a new arena without a private developer?
(b) a private developer would even consider building a basketball-only arena?
(c) this chance will ever come our way in the next 50 years?
Build the damn thing.
(a) LSU could afford a new arena without a private developer?
(b) a private developer would even consider building a basketball-only arena?
(c) this chance will ever come our way in the next 50 years?
Build the damn thing.
Posted on 3/5/24 at 7:09 pm to Supermoto Tiger
Damn some of y'all are hard to please. Its not a terrible idea, and in this day and age it's probably the only way something decent gets built. LSU can't and won't spend the money necessary to build a top flight arena. It has to be used to make money more than 60 days a year hosting games for programs that lose money annually. This is a way around that, it's an interesting idea if carried out correctly, we'll see.
Posted on 3/5/24 at 7:13 pm to Slippy
This sounds like Tulane when used the Superdome, not even on campus? Am I missing something or misreading reading? If not...Yuck
Posted on 3/5/24 at 7:13 pm to tigerbait2010
I want something that meets or exceeds the criteria of what our coaches would like to have with a new facility.
ETA
Bookmark this: Follow the money
I bet the developer selects the Burbank /South Quad site.
ETA
Bookmark this: Follow the money
I bet the developer selects the Burbank /South Quad site.
This post was edited on 3/5/24 at 7:20 pm
Posted on 3/5/24 at 7:17 pm to Slippy
Just listened to the interview w/ Keli Zinn (COO):
1. Zinn confirms that it’s very realistic that you’ll see a new PMAC in the near future.
2. Next step in the process occurs on March 13th when the metro-city council votes on the city ordinance that would essentially guarantee that all large events would take place at this new LSU arena.
3. If the ordinance passes, they’re ready to release the RFP immediately. Everything is basically ready to go. The developer would then build, own, and manage this new arena.
4. Numerous ‘highest and best use’ studies have been conducted by LSU, BRAF, etc. on the PMAC and River Center. A big reason for the ordinance is that they recognize that the River Center may be better served to host conferences and conventions, with a HQ hotel attached.
5. New arena will be in the area of $350MM - $400MM. They hope to have it complete in the next 5 years.
6. The developers would pay for the arena where they’d collect all non-LSU event revenue for approx 30 years. LSU would retain all revenue for LSU ticketed events including parking, concessions, sponsorships, etc.
7. They’re in the process of determining an exact location for the new arena. The PMAC will be kept and will be used for practice, operational support, etc.
1. Zinn confirms that it’s very realistic that you’ll see a new PMAC in the near future.
2. Next step in the process occurs on March 13th when the metro-city council votes on the city ordinance that would essentially guarantee that all large events would take place at this new LSU arena.
3. If the ordinance passes, they’re ready to release the RFP immediately. Everything is basically ready to go. The developer would then build, own, and manage this new arena.
4. Numerous ‘highest and best use’ studies have been conducted by LSU, BRAF, etc. on the PMAC and River Center. A big reason for the ordinance is that they recognize that the River Center may be better served to host conferences and conventions, with a HQ hotel attached.
5. New arena will be in the area of $350MM - $400MM. They hope to have it complete in the next 5 years.
6. The developers would pay for the arena where they’d collect all non-LSU event revenue for approx 30 years. LSU would retain all revenue for LSU ticketed events including parking, concessions, sponsorships, etc.
7. They’re in the process of determining an exact location for the new arena. The PMAC will be kept and will be used for practice, operational support, etc.
This post was edited on 3/5/24 at 8:36 pm
Posted on 3/5/24 at 7:23 pm to Slippy
He got the Moscona special on that gamecoin baw
Posted on 3/5/24 at 7:24 pm to Supermoto Tiger
quote:I mean we all do, but let’s be realistic. They are way down the line of people giving input on this deal.
I want something that meets or exceeds the criteria of what our coaches would like to have with a new facility.
I know you wanted it where the track field is, but that is a non-starter with this being a multi-use venue. It’s needs legitimate near by parking. Keeping it on LSU property is a win IMO.
Posted on 3/5/24 at 7:55 pm to Bayou_Tiger_225
Somebody bookmark my previous post where I said it would be built on the old front nine.
I am an effing genius.
I am an effing genius.
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