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Than the last four years (well including 2013-14 in the AAC.) I'm basing this off of a couple factors:
1) Here is the deal we've currently been in:
"The Big East's current six-year media rights deal is worth $3.12 million annually for each of the eight full members and $1.5 million annually for each of the eight non-football members. The eight football members split $13 million; the 16 basketball members split $24 million."
A paltry over $3 million versus the new ACC deal of over $20 million. That's around $17 million more PER YEAR in the ACC.
2) Tom Jurich is a master marketer, and you better believe he has donors by the bus load ready to commit to anything and everything on whatever facility he has in mind for the future. Right now, that's likely the football academic center, and finishing off the funding for the soccer stadium, to which he's already secured the main donor.
3) Merchandising of a national title and Sugar Bowl is likely going to go through the roof with the licensing money the University of Louisville is garnering.
4) Ticket demand, while we already sell at a high level, will also be through the roof with new ACC schedules in all sports.
The new ACC TV deal will put as at around $70 million the first few years of the conference right off the bat, and the enthusiasm around the program will take care of the rest. I can't wait to see what our AD has in mind next.
Does that mean my donation requirements will decrease? LOL I wish.
Ticket demand can't get any higher. 2013 is already sold out.
Honestly, they should cut season ticket holders some slack. My original donation was $50/seat in Freedom Hall now it's $1,000/seat. I've got a family of 4, one going to college this fall...UofL of course and a dog. They have already run many longtime supporters out of town and continue to force other hard working louisvillians to make tough decisions about UofL when it has been part of their families for decades. I say quit running it like Churchill Downs and the motto "stamp out the little people".
Hey, how bout these two thoughts, reduce all tuition for incoming freshman, boosting enrollment has a positive effect on all athletic and educational fronts and spruce up the darn campus! I hear this all the time from prospective students including my own daughter.
Insidetheville is the Unity of the Cardinal Community
I'm amazed at the amount of money that some people donate to U of L on a yearly basis. I didn't realize the sheer magnitude of the donations until talking to some other fans at the team hotel and Alumni event in Atlanta for the Final Four. One person I spoke with told me that he figured out that his seats cost him $9,000 per basketball game with everything (donations, CFA Fees etc.) included. I don't know how many seats he has but I am going to assume it is four. From what I understand, this person isn't even close to the top 200 in yearly donations to U of L which is just crazy.
$9,000 per game? That's either a typo, or he lied to you.
Someone giving $200k in donations a year is going to be a tip top donor.
This post was edited by yogaman 12 months ago
$2500/seat donation and approximately $1000 for season tickets to sit in the club section on the sides of the court in men's basketball and as stated in my post season email for tickets the top 215 donors give $100,000 or more. So those facts aren't adding up.
This post was edited by ffire522 12 months ago
No typo and this person would have no reason to lie to me. Trust me that a $200k doner is not a tip top doner at U of L. I thought $200k was about tops but when I mentioned that to one of the persons I was with at the Alumni event at the Buckhead Theatre he mentioned that there are some that are in the $500k range. He wasn't talking about John Schnatter or Dr. Mark Glenn either.
I do know another person in town that donates $100k per year and he was around the 500 mark (out of about 580) when it came to getting his Final Four tickets in Atlanta.
To get back to the topic I would add to the list of potential ways that UofL might see increases in revenues:
1) Third tier media rights could increase playing in the ACC.
2) The ACC is looking into starting their own network. I don't know how many years out that would be but that would add a significant bump to conference payouts.
I guess my daughter and i observe different things when roaming through campus, i admit it is alot nicer than it was back in the 80's when i was there. But my main point was about the perceived greed by the University and it really bothers me when you see people like kenale make those comments, but they are true for alot of former alums and others. Its a shame that alot of people cant go see there own hometowm team play, because THEY CANT AFFORD TO! That just isnt right.
The only sport that truly is unaffordable is men's basketball. Even then, you can buy some tickets relatively cheap for some of the less desirable games.
Get rid of one of the kids and get another dog. You'll save monet and have fewer headaches and more disposable income.
The only place I would rather be right now
I can tell you with 100% certainty that anyone who donates over $200,000 per year is in the top tier of donors at UL. Sure there are folks who donate more but $200,000+ is the mark. For instance, tickets to Indy for the Regional in basketball...if you donated $200,000 or more you got an additional 2 seats. One example of many that if you're above that line you get the extra special treatment.
I always suspected I would never be a top tier donor. This thread confirmed it.
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