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lsu13lsu
Member since Jan 2008
8544 posts

re: The Island closing for good
quote:

they realized that every student pays a fee for golf on their fee bill. In 2004 when I went, said fee was about $80 a semester. That's a shite ton of money they'd have to figure out.



LSU Fees

Per LSU Website it is $1.25 per semester for all students. I could be reading that incorrectly.

ETA: If it is correct LSU pays a good bit more than it collects from Students to keep course open. They have said they pay $250K to cover losses. at 32K students that is $80K in fee revenue per year plus summer lets round up to $100K. Then they pay out $250K. Probably more now because the course was in serviceable shape at that time.

But either way, LSU gets rid of course then losing the Fee Revenue will not hurt.
This post was edited on 6/18 at 4:49 pm


Mingo Was His NameO
LSU Fan
Brooklyn
Member since Mar 2016
13718 posts
 Online 

re: The Island closing for good
quote:

Per LSU Website it is $1.25 per semester for all students. I could be reading that incorrectly.


Golf could be an additional 1.25/student in addition to the other sport and recreation fee. I'm not sure if some of those other fees are allocated to the golf course as well, or strictly the golf fee goes to the course.

Either way, isn't total attendance like 40k? 50k in the golf fee plus round revenue seems like a fairly healthy budget for the course.
This post was edited on 6/18 at 4:22 pm


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11
BallChamp00
Member since May 2015
4291 posts

re: The Island closing for good
Or what if let’s just say a casino buys the course and can afford to dump 7-800k in maintenance instead of 350-500k?

Would easily be top 5.


ell_13
Member since Apr 2013
66154 posts
 Online 

re: The Island closing for good
Mother fricker. Quit being a bitch and say what you know.


BallChamp00
Member since May 2015
4291 posts

re: The Island closing for good
Word is L’Aubuerge bought it and will have Troon managing it.


ell_13
Member since Apr 2013
66154 posts
 Online 

re: The Island closing for good


BallChamp00
Member since May 2015
4291 posts

re: The Island closing for good
I mean I can’t just be throwing things out ell


ell_13
Member since Apr 2013
66154 posts
 Online 

re: The Island closing for good
I get it. Seriously I do. But you gotta wait till you can spill it before you post.


BallChamp00
Member since May 2015
4291 posts

re: The Island closing for good
What fun is that?


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40
81Tiger
LSU Fan
LSU Alumnus
Member since Sep 2009
5675 posts

re: The Island closing for good
And I heard they were reconstructing the 1984 New Orleans Worlds Fair gondola to shuttle golfers and gamblers across the river from the casino to the golf course.



RoyaleWithCheese
LSU Fan
Member since Jan 2013
460 posts
 Online 

re: The Island closing for good
Better hope the gondolas are air conditioned, unlike Disney's.


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BallChamp00
Member since May 2015
4291 posts

re: The Island closing for good
Ski Boat with its own dock on both sides.


The Johnny Lawrence
Member since Sep 2016
1268 posts

re: The Island closing for good
An extra 500k probably doesn't get it in the top 5.

But I'm excited if that is the case


TaderSalad
LSU Fan
mudbug territory
Member since Jul 2014
17082 posts

re: The Island closing for good
quote:

Per LSU Website it is $1.25 per semester for all students. I could be reading that incorrectly.



They've changed that up a bit then. URec use to be half that and the golf fee was around $80. They probably moved the numbers around to make it more feasible to cut out the course at any moment and only have to refund $1.25 for that semester.


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10
TaderSalad
LSU Fan
mudbug territory
Member since Jul 2014
17082 posts

re: The Island closing for good
quote:

An extra 500k probably doesn't get it in the top 5.




Fine... top 10 will still make it a much needed improvement for the area.


The Johnny Lawrence
Member since Sep 2016
1268 posts

re: The Island closing for good
Oh, I'm excited for an immaculately groomed golf course. It still won't be a top 10 course in the state, but that doesn't mean I'm not excited or that this isn't a major improvement.


I'm curious about pricing. I don't see a ton of people on that side of the river dropping $100 for a round. Isn't that about what the two casino courses in Lake Chuck charge?

I think of casino courses and I think well groomed no play courses. I've played 6-7 rounds on casino courses and I don't know that I've seen more than a few golfers each time.


lsu13lsu
Member since Jan 2008
8544 posts

re: The Island closing for good
If true, much of the increased budget will be in boating golfers across the river and then getting into a car and driving to course.

I welcome it though and this is the kind of thing golf in BR needs...someone who doesn't care about losing money on a golf course. I was thinking some drug cartel would buy it like in Ozarks.


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12
BallChamp00
Member since May 2015
4291 posts

re: The Island closing for good
I don’t think it will be that high. I’d guess along same pricing as Grand Bear.


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01
PhiTiger1764
LSU Fan
Lurker since Aug 2003
Member since Oct 2009
12076 posts

re: The Island closing for good
I wonder if this is in anticipation of the new Mississippi River Bridge being located nearby. We are still 8-10 years away from that, but this course would benefit bigly from the ease of access a new MRB would provide. Potential locations are supposed to be narrowed down and released this year.


BallChamp00
Member since May 2015
4291 posts

re: The Island closing for good
If the bridge that was proposed 20 years ago went up, the Island would be strictly private with 500 members.


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