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The ACC will delay the start of competition for all fall sports until at least Sept. 1
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<blockquote data-quote="LibertyTurns" data-source="post: 709850" data-attributes="member: 789"><p>It’s my opinion, but I think we’re going to see a seismic shift in the national landscape. I believe that at game attendance will eventually result in lower tv ratings. For example, the mutts Sugar bowl had 15,000 less tickets sold than normal. That’s about $2.25M plus let’s say another $750k for a $3m drop in revenue. There’s about 75 mins of commercials in an average bowl game & at $100k/min for a major bowl game that’s $7.5M. Normal attendance might garner $13-14M between the gate & concessions for a total of $20-21M to be divvied up. Even a $3M hit is substantial there however & that was before coronavirus. What’s your revenue for the Cherrytart Boca Bowl? Not much and your revenues may equal expenses. In the past schools may prefer to attend to get extra practices, etc that comes with a low tier bowl but now I think you’re going to get athletic departments under financial duress not wanting to take a $500k hit to attend the <a href="http://www.suckhindtit.com" target="_blank">www.suckhindtit.com</a> bowl.</p><p></p><p>Maybe you’re right and the beat goes on. I think there’s more fiscal damage going on than anyone wants to admit right now & you’re under-assessing the potential impacts. We might even see weaker football teams completely fold & financially wobbly conferences go under.</p></blockquote><p></p>
[QUOTE="LibertyTurns, post: 709850, member: 789"] It’s my opinion, but I think we’re going to see a seismic shift in the national landscape. I believe that at game attendance will eventually result in lower tv ratings. For example, the mutts Sugar bowl had 15,000 less tickets sold than normal. That’s about $2.25M plus let’s say another $750k for a $3m drop in revenue. There’s about 75 mins of commercials in an average bowl game & at $100k/min for a major bowl game that’s $7.5M. Normal attendance might garner $13-14M between the gate & concessions for a total of $20-21M to be divvied up. Even a $3M hit is substantial there however & that was before coronavirus. What’s your revenue for the Cherrytart Boca Bowl? Not much and your revenues may equal expenses. In the past schools may prefer to attend to get extra practices, etc that comes with a low tier bowl but now I think you’re going to get athletic departments under financial duress not wanting to take a $500k hit to attend the [URL="http://www.suckhindtit.com"]www.suckhindtit.com[/URL] bowl. Maybe you’re right and the beat goes on. I think there’s more fiscal damage going on than anyone wants to admit right now & you’re under-assessing the potential impacts. We might even see weaker football teams completely fold & financially wobbly conferences go under. [/QUOTE]
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The ACC will delay the start of competition for all fall sports until at least Sept. 1
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