Terrierbyassociation
Fight Cancer, Wherever You Find It
Re: How was the Frozen Four form people who went?
How does the host building calculate who gets concessions and what not? Do they rent the building to the NCAA and how much does that cost?
Does the NCAA pay for the security or is that part of the contract? I wouldn't be surprised if the NCAA's feasibility and planning committees ate into that profit margin. I also wouldn't be surprised if the NCAA did the feasibility studies all over again when they only sold 22K tickets through October. Now the question is whether or not all of those 22K were in the 189-119 range. I assumed that the tickets being cited in that 22K were indeed of the higher two price points. If not, that could radically shift the profit margin.
Using your figures, the gate revenue was probably about $3 million on the weekend, with the host building probably keeping most of the ancillaries (concessions, etc.). When you figure in the event staging and promotion costs, you are probably looking at about 1 to 1.5 million in overhead they spent. My guess is they probably cleared about $1.5 million in profit, about $500,000 more than they'd make in a hockey arena.
How does the host building calculate who gets concessions and what not? Do they rent the building to the NCAA and how much does that cost?
Does the NCAA pay for the security or is that part of the contract? I wouldn't be surprised if the NCAA's feasibility and planning committees ate into that profit margin. I also wouldn't be surprised if the NCAA did the feasibility studies all over again when they only sold 22K tickets through October. Now the question is whether or not all of those 22K were in the 189-119 range. I assumed that the tickets being cited in that 22K were indeed of the higher two price points. If not, that could radically shift the profit margin.