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The defending Big XII Champions
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PurpleOnWhite
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by PurpleOnWhite » January 2nd, 2024, 7:37 pm
wazucat wrote: ↑January 2nd, 2024, 7:12 pm
I've still not seen any official admit that they embarked on this teardown and rebuild without knowing where the next seasons games will be played. That seems unbelievably stupid even for a KU administrator.
Not to mention the incredible cost overrun that has been forecast. Have they begun construction without securing total funding?
We are SO fortunate that both Currie and Taylor were/are astute financially.
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tmcats
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by tmcats » January 3rd, 2024, 1:20 pm
PurpleOnWhite wrote: ↑January 2nd, 2024, 7:37 pm
wazucat wrote: ↑January 2nd, 2024, 7:12 pm
I've still not seen any official admit that they embarked on this teardown and rebuild without knowing where the next seasons games will be played. That seems unbelievably stupid even for a KU administrator.
Not to mention the incredible cost overrun that has been forecast. Have they begun construction without securing total funding?
We are SO fortunate that both Currie and Taylor were/are astute financially.
john currie benefited from an explosion in conference revenue coupled with low interest rates and willing benefactors. ku waited way too long to pull the trigger on its football stadium renovation and as a result are paying the piper, so to speak.
"What is your fair share of what someone else has worked for?" Sowell
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tmcats
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by tmcats » January 3rd, 2024, 2:00 pm
"What is your fair share of what someone else has worked for?" Sowell
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stlcatfan
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by stlcatfan » January 3rd, 2024, 3:24 pm
tmcats wrote: ↑January 3rd, 2024, 2:00 pm
So when does demolition begin?
"The whole future lies in uncertainty: live immediately.” -- Seneca
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ToledoCat#3
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by ToledoCat#3 » January 3rd, 2024, 5:37 pm
I'm still chuckling. Very funny. Thanks for the uplifter.
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tmcats
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by tmcats » April 2nd, 2024, 10:00 am
this is not going to be a cheap gameday operation for ku.
Kansas Athletics will pay a rental fee of $100,000 for each of the two football games it plans on hosting at Sporting Kansas City’s Children’s Mercy Park during the upcoming season.
That fee does not include staffing expenses for either game at the stadium, which could add an additional $150,000 to KU Athletics’ costs, nor does it include the revenue-splitting costs which KU must share with Sporting KC, according to a letter of agreement provided in response to an open records request.
https://lawrencekstimes.com/2024/03/31/ku-football-cmp/
Athletics will retain 100% of the games’ net ticket revenue.
Certain Sporting KC annual suite holders have a right of first refusal to purchase their regular suites for the games.
Sporting KC will retain 100% of the revenue from those suite holders.
Any suites left over can be sold to KU Athletics suite holders (KU retains 80% of that revenue).
100% of the revenue from any suites left over and sold to the general public will go to Sporting KC.
KU Athletics must give 20% of its revenue from merchandise sold in the stadium to Sporting KC.
Sporting KC retains 100% revenue from food and beverage and parking fees.
Third-party staffing costs (security, staffing, cleaning, etc.) will be billed to KU up to $150,000.
KU must pay for the “reasonable, actual and documented costs and expenses associated with the repair and/or restoration of the playing field.”
"What is your fair share of what someone else has worked for?" Sowell
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DeereCatFan
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by DeereCatFan » April 2nd, 2024, 11:08 am
tmcats wrote: ↑April 2nd, 2024, 10:00 am
this is not going to be a cheap gameday operation for ku.
Kansas Athletics will pay a rental fee of $100,000 for each of the two football games it plans on hosting at Sporting Kansas City’s Children’s Mercy Park during the upcoming season.
That fee does not include staffing expenses for either game at the stadium, which could add an additional $150,000 to KU Athletics’ costs, nor does it include the revenue-splitting costs which KU must share with Sporting KC, according to a letter of agreement provided in response to an open records request.
https://lawrencekstimes.com/2024/03/31/ku-football-cmp/
Athletics will retain 100% of the games’ net ticket revenue.
Certain Sporting KC annual suite holders have a right of first refusal to purchase their regular suites for the games.
Sporting KC will retain 100% of the revenue from those suite holders.
Any suites left over can be sold to KU Athletics suite holders (KU retains 80% of that revenue).
100% of the revenue from any suites left over and sold to the general public will go to Sporting KC.
KU Athletics must give 20% of its revenue from merchandise sold in the stadium to Sporting KC.
Sporting KC retains 100% revenue from food and beverage and parking fees.
Third-party staffing costs (security, staffing, cleaning, etc.) will be billed to KU up to $150,000.
KU must pay for the “reasonable, actual and documented costs and expenses associated with the repair and/or restoration of the playing field.”
Well won't they just figure a way for the KS tax payers to foot any of that bill. Just clump it in with the stadium renovation. Seems right up their alley.