re: New Baseball Facility is fiya...

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But thats the thing, it doesnt have to pay for all of the new costs, only part of it. Ls’s athletics department or taf could just make it a priority in the next couple years to do it, and add it to their budget. They could use the increased profit from raising ticket prices slightly to help. It doesnt have to be all or nothing

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I agree, that’s all I was trying to say. That there doesn’t need to be some huge mandatory “TAF contribution” from all season ticket holders.

This whole issue was about Russian telling everyone that he is a LSU baseball donor and Paul asked him to buy a plaque once. Guy is a prick.

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just make it a priority in the next couple years to do it

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Again, why would adding chair backs be a priority?

Would it help ticket sales? No, because 100% of those seats are sold to season ticket holders now.

Would it help recruiting? Doubtful that recruits even look at outfield seats. But the new workout facility will definitely impress some recruits.

Would it look better on TV? Yes, it would. So what?

Would keyboard warriors like WaWaWeeWa stop bitching? No, they would just find something else to bitch about that they want as long as someone else pays for it.

I can think of at least 3 other big renovation/construction projects that are ahead of any Alex Box renovations in priority using existing athletic department revenues.

1) PMAC
2) Track and field facilities
3) Swimming facilities

The only way Alex Box renovations get moved up in priority is that the renovations are funded from additional revenues generated from baseball.

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$200 isn’t a big deal to me

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Apparently it's a "huge" amount to you. Your word, not mine.

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I think there are better ways to do it.

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Name 3 ways that are better, feasible and don't involve unicorn farts.

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Having chair backs is becoming almost standard in most parks.

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And somebody had to pay for those seats. So let's do it. I'm all for it. Who is going to pay for the upgraded seats in Alex Box? Anybody but you, right? The ever popular "they" will pay....

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I think TAF and the athletic department should help some.

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Do you think they have printing presses to print money?

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Then a small increase in ticket prices for all tickets spread over a matter of years.

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If you had even a sophomore level of financial analysis ability you'd know how stupid your statement is.

A "small increase" ($1/game which averages an approximately 15% increase in season tickets) won't generate enough new funding to allow a multi-million dollar major renovation to get done without it being so piece meal it would take a decade to complete.

There are, in round numbers, 10,000 season tickets sold. There are approximately 35 home games/regular season depending on if LSU plays an away non-conference series during the season like we did this year at Texas. A $1/game increase would therefore generate $350,000/year additional funds. That won't pay the interest on the borrowed funds required much less the principle + interest.

Double the ticket price increase to $2/game and it would pay the interest and a little of the principle.

So it would require more than a $4 season ticket price increase per game which would be a about a 40%-60% increase in season ticket prices (ignoring the premium priced purple seats and suites) and also approaching between $100-$200 annual increase. That's NOT a "small increase" and you're also getting closer to the $200 contribution amount I've repeatedly said would likely be needed to fund the stadium renovations and which you already referred to as a "huge" amount.

A $5 increase per game would be about $175/year in new ticket revenue. The current face value for most midweek games is $5, again ignoring the premium purple seats. So for those games, it would be a 100% increase in ticket price. SEC game tickets average between $10 and $15 per ticket. Non-SEC weekend games average around $8/ticket. Do the math on the % increase for all of those current prices.

And, yes, a major renovation would require borrowing funds, with via a bank loan, private placement borrowing or issuing bonds. Otherwise the increase in revenues from a $4-$5 ticket price increase would have to be escrowed until a sufficient amount of funds was accumulated to pay for the project.

Looks like a great facility...that’ll be a huge recruiting tool for our new coach once CPM is canned after next year.

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I just think it’s funny how you had to point out that you were paying the bonds for the stadium like that’s impressive.

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You are easily triggered, Snowflake.

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they could add all that cost to the face value of your tickets

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So you now agree upgrading the bleachers seats to chair back seats with arm rests would require more than a "small amount" per ticket to fund the renovation?

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and it would make no difference.

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Again, you show your ignorance of financing large projects by the athletic department. It makes a very important difference.

A lender, whether it is a bank or a bond underwriter, always prefer and sometimes require a dedicated and easily identifiable revenue stream from the borrower to retire the debt it is owed.

LSU is not the borrower. TAF is.

The Tradition Fund donations are owed to TAF and TAF is the legal entity on the hook for repaying the money, not LSU. So, TAF dedicates the Tradition Fund revenues to retire the debt issued.

The ticket sales revenue goes to LSU but, again, LSU is not the legal borrower. If it were, LSU, as a state governmental entity, would have to get legislative approval to take on the debt and then get State Bond Commission approval to actually issue the bonds backed by the state of Louisiana.

See the important difference?

You can find the information about TAF's financing arrangements for the LSU athletic infrastructure construction projects, including the new Tiger Stadium south end zone suites and seating, in TAF's annual report on TAF's website.

But I seriously doubt you would take the time to read that information since all you really care about is that "they" pay for any costs.....

Good lord just stfu

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chair back seats with arm rest at a cost of six dollars per seat

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What does this mean?

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Should I pay for them even though I'd get no benefit from outfield chair back seats being added? Or, should LSU charge all of the season ticket holders who would get the chair back seats $200/ticket as a required "contribution" just like I have to pay now?

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Yes. You should pay for all of those seats.