The $175 Million Question...

DACats86

All-Conference
Jan 7, 2003
22,776
4,134
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If the UK football program continues to flounder under Stoops, ticket sales will fall off dramatically. Then, how does UK Athletics service the debt on its bonding?
 

dorkmeister

Junior
Oct 25, 2006
6,668
396
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I guess we can just stick it to the tax payers like the school down the road does with all their expansions.
 

buck8113

All-Conference
Feb 20, 2010
3,492
1,126
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because there are a few dumb asses like myself that keep buying season tickets. Hell I went to Miami and have been buying season tickets for them for years. My wife just shakes her head and said these two sorry *** teams would play each other and nobody would win
 

CHAMPCAT11

All-American
Jun 16, 2009
10,001
7,566
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If the UK football program continues to flounder under Stoops, ticket sales will fall off dramatically. Then, how does UK Athletics service the debt on its bonding?

That's a good, valid question. I've thought about this too. If we start seeing 25,000 - 35,000 people in the stands UK will have a huge problem. There's a lot of debt to be paid and an empty stadium won't get it done.
 
Oct 1, 2001
5,199
1,898
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Debt reduction is not directly tied football attendance, but one element in the financing structure. There are other factors more relevant to paying the debt. On the other hand, an empty stadium will set in motion changes in the football program.
 

JHB4UK

Heisman
May 29, 2001
31,836
11,258
0
Cost/benefit analysis will be done at some point. Are the money from lost ticket sales greater than the buyout on his lavish big money guaranteed contract?

But this is the wrong question. The question that needs to be asked, why should Mitch Barnhart be allowed to hire a fourth head football coach at the University of Kentucky? At some point the blame for on the field losses has to be directed at the man ultimately in charge who has been here for so very many losing seasons and precious few winning ones.
 

bigbluehomer

All-Conference
Sep 11, 2012
1,181
1,351
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With all the expenditures to the stadium to make it more "fan friendly", I'm guessing Mitch is chomping at the bit for a ticket and K fund increase. if we win out and go to a toilet bowl, he may go for it. Surely he isn't stupid enough to try it if we end up 5-7.............
 

sluggercatfan

Heisman
Aug 17, 2004
35,953
29,630
0
Debt reduction is not directly tied football attendance, but one element in the financing structure. There are other factors more relevant to paying the debt. On the other hand, an empty stadium will set in motion changes in the football program.
Hey I have a novel idea...how about we go to WSU and offer Mike Leach what we are paying Stoops...looking very good for them finishing 9-3 this year and will definitely put points on the board
 

Anon1639625937

All-Conference
Jan 5, 2003
5,388
3,908
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If the UK football program continues to flounder under Stoops, ticket sales will fall off dramatically. Then, how does UK Athletics service the debt on its bonding?

Typically these things (unless your Louisville - sorry couldn’t help myself) are based on much bigger bill payers then ticket sales. Sure, ticket sales has some weight but the bigger bill payers are things like revue sharing and or television contracts. As you know, the SEC has a big television contract. UK gets a sizable piece of that contract.
 

JHB4UK

Heisman
May 29, 2001
31,836
11,258
0
No, you can't raise ticket prices in even number years when the best of the home slate is USCjr, Georgia, Miss St

2017 tho when Florida, UT, UL, somebody good from the West rolls back on the ticket packages....
 

jnewc2_rivals30628

All-Conference
Nov 22, 2006
6,564
3,919
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Cost/benefit analysis will be done at some point. Are the money from lost ticket sales greater than the buyout on his lavish big money guaranteed contract?

But this is the wrong question. The question that needs to be asked, why should Mitch Barnhart be allowed to hire a fourth head football coach at the University of Kentucky? At some point the blame for on the field losses has to be directed at the man ultimately in charge who has been here for so very many losing seasons and precious few winning ones.

This ^^^^ times 100...at the end of the day what good is it going to do changing the manager if the same CEO is still in place making what has consistently been the wrong hires? When will this guy start being held accountable? A large flagship state university with the resources that UK has shouldn't be this bad for this long. Look at how far Louisville has come during the same timespan that Barnhart has been at UK..heck look at how far Western Kentucky has come. Do you realize that we are now the 3rd best program in the state of Kentucky? Why don't we see Louisville and Western Kentucky making excuses? All their AD's do is go out and hire innovative coaches that don't look at what they DON'T have, but instead look at what they DO have and build off that.

Kentucky football fans are sick and tired of hearing why we can't win in football. We're seeing more and more programs with far less than us doing a lot more, and it's BEYOND time for a large portion of that blame to be laid at the feet of our athletics director. He seems like a nice guy, but at the end of the day this is a RESULTS ORIENTED BUSINESS. The guy isn't getting the job done, plain and simple. What other AD watches once first time coordinator fail miserably as a head coach and then goes out and hires another one right after? Come on.
 

MudererofCrows

All-Conference
Dec 4, 2005
14,149
3,597
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No other AD has gotten the job done either in terms of football.

Perhaps people should be asking if the problems are systemic instead of localized.

I'm tired and frustrated and I want more. But I also see the bigger picture as well.
 

Lionel_Hutz

All-Conference
Apr 4, 2011
2,159
1,568
0
But this is the wrong question. The question that needs to be asked, why should Mitch Barnhart be allowed to hire a fourth head football coach at the University of Kentucky? At some point the blame for on the field losses has to be directed at the man ultimately in charge who has been here for so very many losing seasons and precious few winning ones.
QFT.
 
Oct 1, 2001
5,199
1,898
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This ^^^^ times 100...at the end of the day what good is it going to do changing the manager if the same CEO is still in place making what has consistently been the wrong hires? When will this guy start being held accountable? A large flagship state university with the resources that UK has shouldn't be this bad for this long. Look at how far Louisville has come during the same timespan that Barnhart has been at UK..heck look at how far Western Kentucky has come. Do you realize that we are now the 3rd best program in the state of Kentucky? Why don't we see Louisville and Western Kentucky making excuses? All their AD's do is go out and hire innovative coaches that don't look at what they DON'T have, but instead look at what they DO have and build off that.

Kentucky football fans are sick and tired of hearing why we can't win in football. We're seeing more and more programs with far less than us doing a lot more, and it's BEYOND time for a large portion of that blame to be laid at the feet of our athletics director. He seems like a nice guy, but at the end of the day this is a RESULTS ORIENTED BUSINESS. The guy isn't getting the job done, plain and simple. What other AD watches once first time coordinator fail miserably as a head coach and then goes out and hires another one right after? Come on.
Hard to argue with what is clearly a sound line of reasoning.
 
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sluggercatfan

Heisman
Aug 17, 2004
35,953
29,630
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I want the next HC at UK to be Mike Leach and I don't give a damn about anything that happened at TT & UK..PERIOD!!!!! THE BS atTT was bogus anyway...He has a frekin' WALKON qb go 28-58/335 yds against #19 ucla at ucla in a 31 -27 win on sat...they are 7-3 and probably going to finish 9-3...get this guy here
 
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reflaine

All-Conference
Jul 26, 2007
2,501
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Would you have been wanting to fire leach after a 3-9 record in year three and an early season loss to an fcs team?
 

WildCard

All-American
May 29, 2001
65,040
7,389
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If the UK football program continues to flounder under Stoops, ticket sales will fall off dramatically. Then, how does UK Athletics service the debt on its bonding?
Interesting question. Should that happen, I think the likely answer is the University will have to finance the shortfall.

However, I think that is unlikely. The "OK" for the stadium expansion was probably financially based upon (1) revenue from premium seating and (2) revenue from the SEC. IOW, whether Joe Fan renews his 2 low donation seats doesn't mean much (i.e., basic season ticket operating income ups and downs) but failure to renew suites and luxury seats would make a big impact on planned debt service.

While not the main topic here, Barnhart's lavish extension of CMS's contract in the middle of last season was about as stupid a thing as he has ever done Yes, that includes hiring Gillispie. It affects ticket sales and debt service from the standpoint from the standpoint of "when" you could hire a new coach and reap the "excitement revenue" (i.e., ticket sales) that usually accompanies a new hire. All, of course, JMO.

Peace
 
Oct 1, 2001
5,199
1,898
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Interesting question. Should that happen, I think the likely answer is the University will have to finance the shortfall.

However, I think that is unlikely. The "OK" for the stadium expansion was probably financially based upon (1) revenue from premium seating and (2) revenue from the SEC. IOW, whether Joe Fan renews his 2 low donation seats doesn't mean much (i.e., basic season ticket operating income ups and downs) but failure to renew suites and luxury seats would make a big impact on planned debt service.

While not the main topic here, Barnhart's lavish extension of CMS's contract in the middle of last season was about as stupid a thing as he has ever done Yes, that includes hiring Gillispie. It affects ticket sales and debt service from the standpoint from the standpoint of "when" you could hire a new coach and reap the "excitement revenue" (i.e., ticket sales) that usually accompanies a new hire. All, of course, JMO.

Peace
This is an appreciated though uninformed opinion of the CWS and training facility financing.
 

fuzz77

All-Conference
Sep 19, 2012
12,163
1,423
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Cost/benefit analysis will be done at some point. Are the money from lost ticket sales greater than the buyout on his lavish big money guaranteed contract?

But this is the wrong question. The question that needs to be asked, why should Mitch Barnhart be allowed to hire a fourth head football coach at the University of Kentucky? At some point the blame for on the field losses has to be directed at the man ultimately in charge who has been here for so very many losing seasons and precious few winning ones.
I thought we were all told that Mitch didn't have anything to do with hiring Stoops.

Y'all changing your story now?
 

fuzz77

All-Conference
Sep 19, 2012
12,163
1,423
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Good gracious! How would anyone think the athletic director had no input in hiring coaches. C'mon folks.
Well that's what all the Barnhart haters were saying...just like they still say he didn't have anything to do with hiring Cal.
 

WildcatofNati

Heisman
Mar 31, 2009
8,183
12,420
0
Well that's what all the Barnhart haters were saying...just like they still say he didn't have anything to do with hiring Cal.
That's only a valid argument if you can prove that the same people who are blasting Barnhart for the Stoops hire are also the same people who were previously claiming that Barnhart had nothing to do with the hire in the first place. You can't sit and hold Barnhart detractors A, B, and C responsible for what Barnhart detractors D, E, and F might have said at a different time.
 

sluggercatfan

Heisman
Aug 17, 2004
35,953
29,630
0
With all the expenditures to the stadium to make it more "fan friendly", I'm guessing Mitch is chomping at the bit for a ticket and K fund increase. if we win out and go to a toilet bowl, he may go for it. Surely he isn't stupid enough to try it if we end up 5-7.....
:football::football::joy::joy:if we somehow end up 7-6 I would almost guarantee it
 

LowCountryCat

Heisman
Apr 17, 2010
117,188
22,769
0
Well that's what all the Barnhart haters were saying...just like they still say he didn't have anything to do with hiring Cal.
False. Show the posts or STFU. You are one of the worst posters on this board, and you know nothing about Barnhart. You didn't even know he got a bonus for UK going to a bowl. And you still owe bradyjames $1,000, welsher.