Re: Regionals attendance
Yes, "they" is Notre Dame. The host bid is a financial one and $$$ is definitely at risk. They basically "buy" a regional from the NCAA then make whatever they can by selling enough tickets and whatever else they have arranged with a particular venue. The host pays for everything in addition to whatever guaranteed $$$ they give the NCAA. ...
Interesting, didn’t know that. I thought that the venue assumed the financial risk. I did some reading.
http://ncaabids.azurewebsites.net/wp-content/uploads/2013/06/DI-IH-Regional-Bid-Specs1.pdf
SECTION X
FINANCIAL TERMS
Guarantee
–
A minimum financial guarantee of $150,000 is required to host the Men’s Ice Hockey Regionals.
After gross receipts are determined, the NCAA will receive the established guarantee, followed by the host/LOC receiving the budgeted expenses or actual expenses, whichever is less.
Once both of those obligations have been met, if there are any remaining funds, the NCAA and the host/LOC will split those 80% for the NCAA and 20% for the
host/LOC
“LOC” stands for “local organizing committee”. So if the host institution has no local organizing committee support, it’s at risk financially. I would think that in the normal condition, there would be an LOC to assume some of the financial risk. Preferably, the venue should be part of the LOC, not just a vendor of the site and should assume most or all of the financial risk. They are commercial enterprises in the business of putting on events at their venue; college athletic departments are not.
Interestingly enough, I didn’t see anything about ticket prices. Either it’s buried somewhere I didn’t see, or it’s some sort of side agreement. If the NCAA is going to take their cut off the top, it’s none of their business.
WeAreNDHockeky said:
I too don't like the "idea" of teams hosting in their own buildings either. In a perfect world, the regionals would be festive and attractive enough at TRULY neutral sites. I don't even think something like the X counts in terms of Minnesota as a neutral site. But for the most part in the west these regionals have been awful in terms of attendance and atmosphere. I don't know that I'd go so far as to say it is unfair, since everyone knows going into it this is what we have to work with. Now that the NCAA has signaled that they will be open to on-campus facilities once again, I look for Michigan, Wisconsin and Minnesota, among others, to bid going forward as long as we keep the current format. ...
Yes, everybody knows what the rules are, but the reason I think it's unfair is that the 5000 seat minimum excludes many schools (8 out of this year's 16 tournament participants and my guess even a larger percentage of the D1 schools at large) from even trying. It used to be that appropriate sized venues didn't even exist in the midwest, and having a regional at Yost was a necessity. Now appropriate sized venues exist, but the NCAA sets requirements that prevent them from submitting a financially viable bid. That's not the fault of the Notre Dames, Michigans, and Minnesotas of the world; it's the NCAA's.
Child pricing seems to get mentioned every year to no avail when the regional attendance figures are released. If the regionals sites that are selected continue to be 10,000+ seat arenas, what exactly is the harm in having an "under-12" ticket that would help to drive the crowd more towards capacity? If I have 3 kids under 12 who like hockey, it's hard to stomach $200 for 2 hours of hockey to see one regional game at the DCU. But I'd probably pay 50 for me and 20 each for the 3 of them, plus we'd be buying concessions and whatever else. I can't imagine that child pricing would drive it to a sellout that would exclude full paying fans from finding a seat.
Great idea, and opens the idea of selling blocks of seats (probably seats that would otherwise go unsold) to youth hockey organizations.
We had aisle seats, and judging by the traffic in and out, the kids buy more than their share of concessions (and they don't complain about the lack of beer!). Had to think, been there, done that with my own kids
