Long and against my nature but here goes:
This involves a remodel of Koch for the following reasons:
1)College basketball attendance is down everywhere
2)The amount of good seats on Stubhub tells me the big donors are dumping their ticketts
3) I am convinced winning will only solve part of the lack of fans
4. The arena seems cavernous for women’s sports
Here is my plan and I need help with the engineering and data part:
Instead of fighting the status quo, use the top several rows for luxury skyboxes. Presell them to pay for a lot of the costs and leave one or two empty to rent out. Move all the ticket holders down, reduce the empties with fewer GA sales.
Hire the NIL collective to manage the skyboxes as a sub with the agreement they are to use a large % of their income to fund collectives. In other words we sell a skybox to Spirit for 250k for 5 years most goes to AD with a small percentage being designated to collective for proper use.
Why might this work:
1. Corporations trying to use tickets now to entertain or promote face cramped seats, difficult atmosphere for conversations and now, no entertainment in the product itself.
2. Long time season ticket holders would stand to gain by eliminating empties and letting them move down.
3. Women’s sports would play in a bit more intimate setting and it may increase attendance.
Skyboxes are not a new idea, you may say. However, shrinking capacity and improving the quality of experience is something that has not been seriously considered. I’m not talking getting a new PA system or cheaper hot dogs. With so many fans disgruntled about the state of college basketball, this gives them a reason to at least show up and have fun, and if a basketball game breaks out, that is a bonus. The Wind Surge has trouble selling seats but not boxes.
The numbers would have to be crunched using Marshall era proceeds to actually know how many boxes and at what price to sell them at.
What I’m thinking is a 6-7k arena plus boxes which if mostly packed, will be loud and racous and a separate place for corporate donors to play with themselves. I think those crowds are achievable.
Face it, something has to change besides the product on the court because most of the reasons why basketball sucks are not leaving.
This involves a remodel of Koch for the following reasons:
1)College basketball attendance is down everywhere
2)The amount of good seats on Stubhub tells me the big donors are dumping their ticketts
3) I am convinced winning will only solve part of the lack of fans
4. The arena seems cavernous for women’s sports
Here is my plan and I need help with the engineering and data part:
Instead of fighting the status quo, use the top several rows for luxury skyboxes. Presell them to pay for a lot of the costs and leave one or two empty to rent out. Move all the ticket holders down, reduce the empties with fewer GA sales.
Hire the NIL collective to manage the skyboxes as a sub with the agreement they are to use a large % of their income to fund collectives. In other words we sell a skybox to Spirit for 250k for 5 years most goes to AD with a small percentage being designated to collective for proper use.
Why might this work:
1. Corporations trying to use tickets now to entertain or promote face cramped seats, difficult atmosphere for conversations and now, no entertainment in the product itself.
2. Long time season ticket holders would stand to gain by eliminating empties and letting them move down.
3. Women’s sports would play in a bit more intimate setting and it may increase attendance.
Skyboxes are not a new idea, you may say. However, shrinking capacity and improving the quality of experience is something that has not been seriously considered. I’m not talking getting a new PA system or cheaper hot dogs. With so many fans disgruntled about the state of college basketball, this gives them a reason to at least show up and have fun, and if a basketball game breaks out, that is a bonus. The Wind Surge has trouble selling seats but not boxes.
The numbers would have to be crunched using Marshall era proceeds to actually know how many boxes and at what price to sell them at.
What I’m thinking is a 6-7k arena plus boxes which if mostly packed, will be loud and racous and a separate place for corporate donors to play with themselves. I think those crowds are achievable.
Face it, something has to change besides the product on the court because most of the reasons why basketball sucks are not leaving.
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