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re: Potential for future kickoff game in the Dome

Posted on 9/3/22 at 8:15 am to
Posted by waiting4saturday
Covington, LA
Member since Sep 2005
10584 posts
Posted on 9/3/22 at 8:15 am to
That’s surprising. You’d think They’d make more money (hotels, bars, etc…) with an out of state team. I guess LSU brings more people to the actual game itself.
Posted by medtiger
Member since Sep 2003
21847 posts
Posted on 9/3/22 at 9:45 am to
quote:

Why are these neutral site games a thing again? What is the benefit of doing them instead of a home-home series?


LSU is making $5 million this year and next to play Florida St. If they played on campus, they'd make nothing in the year of the return trip.
Posted by lostinbr
Baton Rouge, LA
Member since Oct 2017
11906 posts
Posted on 9/3/22 at 10:09 am to
quote:

Source tells me @LSUfootball will be paid nearly $5.2 million dollars for their appearance in Sunday night's game vs Florida State. #LSU
quote:

Perhaps the biggest factor in the #LSU - FSU neutral site agreement, is the return the Tigers make next season to Orlando. If this were a home-and-home, #LSU doesn't get paid squat - maybe $500,000. Instead, they'll collect over $5 million again and again with no overhead.

The more I read about this the harder it becomes to wrap my head around.

During the 2019 season, LSU collected:
- $37.7 million in ticket revenue
- $24.4 million in contributions (most of which is related to season tickets)

We had 7 home games. So that’s $5.4 million in ticket revenue and $3.5 million in contributions, for a total of $8.9 million, per game.

The football program received an additional $13.9 million in media rights. Assigning a value to each game is pretty difficult due to the way it’s disbursed from the conference and reported, but let’s say for the sake of argument that the vast majority of the $13.9 million came from the 8 conference games. That’s $1.7 million per game.

So playing a home/home series with FSU might result in a total of ~$9.6 million over two games, for ~$4.8 million per game. In reality the incremental revenue is lower - somewhere between $3.6-4.8 million per game - because the season ticket contributions aren’t actually collected on a per-game basis.

Operating costs aren’t as big of a factor as people think, considering our game day operating costs for all of 2019 were only $646k total ($92k per home game).

So LSU could collect $3.6-4.8 million per game playing a home/home (because we wouldn’t collect much for the game @ FSU), compared with $5.2 million per game at neutral sites. It’s easy to see why this is a good deal for LSU.

Here’s what I don’t understand: How the hell is it a good deal for the Sugar Bowl? If they’re paying LSU and FSU the same amount, that would be ~$10.4 million in guarantees paid by the Sugar Bowl, compared with ~$9.6 million (including media rights) that LSU would collect in revenue from a home game. Meanwhile, the Superdome seats 74k while Tiger Stadium seats 102k.

I get that ticket prices are probably higher but the stadium has 30% less capacity. AND the Sugar Bowl is eating the ~10% operating cost.

The only thing I can think of is that the media rights for this game must be worth way more than $1.7 million. The Sunday time slot might be the big difference maker. Either that or it’s an extremely lopsided contract, with FSU collecting a much smaller guarantee. I would believe that if it were just the one game in NOLA, but we are apparently collecting the same guarantee for the Orlando game as well.
This post was edited on 9/3/22 at 10:11 am
Posted by Gulf Coast Tiger
Ms Gulf Coast
Member since Jan 2004
19412 posts
Posted on 9/3/22 at 5:22 pm to
quote:

Houston, Dallas, or Atlanta



Houston is a big LSU town. We will always play games there for that reason.
Posted by lsu for the win
Member since Jun 2022
1282 posts
Posted on 9/3/22 at 5:24 pm to
What assholes keep downvoting posts about wanting to keep the home and home in the college stadiums where they belong? I’m so sick of some of you idiots.
Posted by LSUfan4444
Member since Mar 2004
55682 posts
Posted on 9/3/22 at 8:15 pm to
quote:

matchup in the Dome and then at Ford Field.


Posted by Domeskeller
Astrodome
Member since Jun 2020
9126 posts
Posted on 9/3/22 at 8:17 pm to
Neutral site games suck. Somehow, LSU managed to survive for years playing big-time non conference games at home and away at campus sites before these neutral site games came along.
This post was edited on 9/3/22 at 8:18 pm
Posted by Australian Tiger
Member since May 2021
55 posts
Posted on 9/3/22 at 8:31 pm to
They are more profitable. LSU will net 5.2 million for the FSU game.
Posted by turnpiketiger
Lone Star State
Member since May 2020
11304 posts
Posted on 9/3/22 at 8:33 pm to
quote:

An LSU/Michigan two game series in the Superdome and Ford Field would be a major disappointment.


Return trip at Soldier Field would be something
Posted by HTF4U
Livonia
Member since Apr 2019
2619 posts
Posted on 9/3/22 at 8:44 pm to
quote:

Why are these neutral site games a thing again? What is the benefit of doing them instead of a home-home series?


For recruiting
Posted by Bayou
Boudin, LA
Member since Feb 2005
39241 posts
Posted on 9/3/22 at 8:48 pm to
quote:

Would love to get an LSU-Michigan matchup in the Dome and then at Ford Field.

Michigan State would be better
Posted by CubsFanBudMan
Member since Jul 2008
5772 posts
Posted on 9/3/22 at 9:02 pm to
TV rights are based on the home team. Game in Tiger Stadium falls under SEC TV contract. Neutral site game in the Dome is open bidding. Add in the Allstate naming rights to the game, and the higher ticket prices, there's more money to distribute to the 2 teams. LSU would not get any extra share of SEC distribution for having 8 home games instead of 7.

Posted by Jenar Boy
Elsewhere
Member since Aug 2013
13687 posts
Posted on 9/3/22 at 9:27 pm to
frick the neutral site bullshite. Home and home.
Posted by turnpiketiger
Lone Star State
Member since May 2020
11304 posts
Posted on 9/4/22 at 9:24 am to
It also provides no weather delays and AC to stay out of the heat. That being said,I’d still put up with the climate in Tallahassee and BR for a home and home.
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