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Article on LSU football revenues

Posted on 4/29/10 at 2:47 pm
Posted by Bob Sacamano
Houston, TX
Member since Oct 2008
5276 posts
Posted on 4/29/10 at 2:47 pm
Don't know if its been posted yet.

Good article

LINK
Posted by Dez
Baton Rouge, LA
Member since Jun 2007
1759 posts
Posted on 4/29/10 at 2:53 pm to
Good read.
Posted by molsusports
Member since Jul 2004
36099 posts
Posted on 4/29/10 at 2:55 pm to
quote:

Among the largest schools -- the nine with at least $90 million in operating revenue -- the biggest winners were Texas, up 32 percent to $138.5 million; LSU, up 32 percent to $100.9 million; and Texas A&M, up 33 percent to $98.1 million, according to a review of athletic department financial records.


A&M is that profitable in spite of the product they put on the field?

quote:

LSU Athletic Director Joe Alleva, 56, said the Tigers’ 2007 national football title is still driving revenue increases. “Everything stems from the championship,” he said in a telephone interview from his office. “We increased ticket prices, we increased seat-licensing revenue, and we had a lot of licensing revenue generated by the championship that spilled over into subsequent years.”
Posted by Bob Sacamano
Houston, TX
Member since Oct 2008
5276 posts
Posted on 4/29/10 at 2:56 pm to
quote:

A&M is that profitable in spite of the product they put on the field?


My thoughts exactly.
Posted by TexasTiger89
Houston, TX
Member since Feb 2005
24236 posts
Posted on 4/29/10 at 2:59 pm to
quote:

A&M is that profitable in spite of the product they put on the field?


Probably the best fans in the nation. Ever hear of nega-Aggie.


Nope me neither.
Posted by LSUdm21
Member since Nov 2008
17486 posts
Posted on 4/29/10 at 3:10 pm to
quote:

“We increased ticket prices, we increased seat-licensing revenue, and we had a lot of licensing revenue generated by the championship that spilled over into subsequent years.”



And if things don't get better soon he'll see what it's like on the other side of that fence.
Posted by L S Usetheforce
Member since Jun 2004
22742 posts
Posted on 4/29/10 at 3:23 pm to
quote:

And if things don't get better soon he'll see what it's like on the other side of that fence.


Oblivious icon is needed for this post.......Just like the article said........their are people waiting to take your place bro.......
Posted by 1999
Where I be
Member since Oct 2009
29114 posts
Posted on 4/29/10 at 3:27 pm to
pretty much the reason i think miles could be canned this season if the team tanks. with all the talk of the dreaded buyout, revenue like this is just too huge to keep us tied to a coach.
Posted by Bob Sacamano
Houston, TX
Member since Oct 2008
5276 posts
Posted on 4/29/10 at 3:30 pm to
quote:

revenue like this is just too huge to keep us tied to a coach.


Good point. That kind of revenue will set a new standard. When standards are not met, they will start looking to replace him.
Posted by LSUdm21
Member since Nov 2008
17486 posts
Posted on 4/29/10 at 4:00 pm to
quote:

Oblivious icon is needed for this post.......Just like the article said........their are people waiting to take your place bro.......


Nice job smart arse.
Posted by LSUMJ
BR
Member since Sep 2004
19866 posts
Posted on 4/29/10 at 4:04 pm to
"A&M is that profitable in spite of the product they put on the field? "

if they can convince their fans to squeeze their balls to show solidarity with the team, they can convince them to ponu up a few extra bucks

Posted by ironsides
Nashville, TN
Member since May 2006
8153 posts
Posted on 4/29/10 at 4:04 pm to
quote:

pretty much the reason i think miles could be canned this season if the team tanks. with all the talk of the dreaded buyout, revenue like this is just too huge to keep us tied to a coach.


Missed the entire point. People will come to the games no matter what you negatards say.
Posted by LSUdm21
Member since Nov 2008
17486 posts
Posted on 4/29/10 at 4:11 pm to
quote:

Missed the entire point. People will come to the games no matter what you negatards say.


While you are correct I noticed, for the first time in a long time, that it wasn't quite as "butts to nuts" as it has been in the past for the big games. Plenty of empty seats for both UF & Auburn. Another year of 7 or 8 wins and all bets are off if Miles is still the coach.
Posted by prplngldtigr
just up da bayou from down
Member since Dec 2004
6063 posts
Posted on 4/29/10 at 4:24 pm to
ive never thought of LSU football as a "product".
i know some of you do, but its always been much, much more than that to me.
Posted by ironsides
Nashville, TN
Member since May 2006
8153 posts
Posted on 4/29/10 at 4:25 pm to
quote:

Plenty of empty seats for both UF & Auburn. Another year of 7 or 8 wins and all bets are off if Miles is still the coach.


By the time we play Florida in 2010, we will probably be 5-0 or 4-1 at worst. There is zero chance we don't sell the game against Florida out.

That being said, I think Alleva is missing out on a HUGE revenue stream by not charging people that leave before the 5 minute mark of the 4th quarter.
Posted by molsusports
Member since Jul 2004
36099 posts
Posted on 4/29/10 at 4:32 pm to
quote:

ive never thought of LSU football as a "product".
i know some of you do, but its always been much, much more than that to me.



it might be more than that... but they don't give it away for free if you want a seat
Posted by 1999
Where I be
Member since Oct 2009
29114 posts
Posted on 4/29/10 at 4:37 pm to
saw plenty of empty seats in the final gerry d days.

my point though is that with that kind of money being made by the program paying off a coach's buyout isn't as big of a deal as some may think.
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