2022-2023 Season Ticket Prices

#126
#126
cncchris33 said:
Give me an example of how the price drops for new season ticket patrons? Using real world numbers. What was a new season ticket holder going to pay this year versus what they will pay going forward?
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Found what I was looking for yesterday, shows this year vs. next year…
 

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#127
#127
Thunder Good-Oil said:
They can say the seating behind the bench has gone down in price because they are comparing the very few that open up every year requiring a $5,000 donation with what “grandfathered” seats cost to maintain. So some body that made a once in a lifetime donation of $50,000 or $100,000 loses their priority and tgat lifetime donation no longer counts.
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And thus the point…for basketball those who were grandfathered in and aren’t making donations and have been getting great seats for dirt cheap are probably going to be pretty pissed. Considering that Kentucky charges about $5,000 per seat for good basketball season tickets I would say the $1,750 UT is wanting to charge is probably pretty damn fair.
 
#128
#128
bleedingTNorange said:
And thus the point…for basketball those who were grandfathered in and aren’t making donations and have been getting great seats for dirt cheap are probably going to be pretty pissed. Considering that Kentucky charges about $5,000 per seat for good basketball season tickets I would say the $1,750 UT is wanting to charge is probably pretty damn fair.
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Your issue with fairness seems to be with those you were grandfathered in, which still isn’t their fault that Tennessee agreed to, and is now defaulting on a bad deal for the athletic department after the money dried up. But what about those people who are still benefitting as the original donors? The people who forked over the money to finance the arena with a one-time donation on the front end. Those people are really getting jobbed, and nothing about it is “pretty damn fair”. A contract is a contract, and the only ones suffering are the ones that put up money, or had parents who put up money in good faith.

Someone who put up $25000 35 years ago for the right to own those tickets for their lifetime and their kids’ lifetime are rightfully pissed. What kind of investment/interest could that $25000 have returned to them and their family, annually, in that amount of time? You say they continue to skate by without a donation for dirt cheap tickets, and I say that’s BS. The donation was made, and the continual donation is the interest they aren’t seeing each year on that amount that they could have invested elsewhere at the time. There’s a tangible loss for those people you flippantly imply to be freeloading off of a failed business deal by the university.
 
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#130
#130
cncchris33 said:
Your issue with fairness seems to be with those you were grandfathered in, which still isn’t their fault that Tennessee agreed to, and is now defaulting on a bad deal for the athletic department after the money dried up. But what about those people who are still benefitting as the original donors? The people who forked over the money to finance the arena with a one-time donation on the front end. Those people are really getting jobbed, and nothing about it is “pretty damn fair”. A contract is a contract, and the only ones suffering are the ones that put up money, or had parents who put up money in good faith.

Someone who put up $25000 35 years ago for the right to own those tickets for their lifetime and their kids’ lifetime are rightfully pissed. What kind of investment/interest could that $25000 have returned to them and their family, annually, in that amount of time? You say they continue to skate by without a donation for dirt cheap tickets, and I say that’s BS. The donation was made, and the continual donation is the interest they aren’t seeing each year on that amount that they could have invested elsewhere at the time. There’s a tangible loss for those people you flippantly imply to be freeloading off of a failed business deal by the university.
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It sucks for them, but sounds like a great investment…they averaged $700/yr donation and paying rock bottom prices for those tickets for years…seems like they made out pretty alright to me. If someone feels they’ve got a case and wants to take it to court they’re more than welcome to do just that.

i would be curious to know what the cost is to those folks for their LL tickets the last few years? $250? $500?
 
#132
#132
golfballs said:
It’s hard to compare since the donation covered both sports. In total I have a hard time believing that most who have both football and basketball will see a cost reduction. Seems they basically look at the seats which are always occupied and are raising those prices banking on the fact they will continue to always be occupied. Then dropping prices for seats that frequently aren’t filled.
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Cmon GB - it’s clear your sore about the price increase but CRB has improved the product and CJH appears to have things on an upward trajectory. If dad’s been buying tickets for 30 years for the entire family then maybe all the adults could start sharing the costs so that you can continue to enjoy attending games without a financial burden on dad?
 
#133
#133
$25,000 invested in Microsoft 35 years ago would be worth $40 million today. Factor that into the Daddy’s Been Buying the Seats equation.
 
#135
#135
golfballs said:
It’s ironic that I’ve been on the verge of giving up football for a while but only kept them because I liked my seats in case they got good again. The point system supposedly provides incentive people to remain loyal by giving bonuses for consecutive years of donating. Yet here I am now getting the boot with nothing to show for my loyalty to a terrible program over that timespan
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That sounds more like getting duped into overpaying for inferior quality to me. If you're that determined to keep your seats, who cares about the price increase? You've stuck it out to this point...

Of course it's easy for me to say these things as a non-holder and as someone who isn't particularly interested in season tickets.
 
#136
#136
Chris4Vols22 said:
That sounds more like getting duped into overpaying for inferior quality to me. If you're that determined to keep your seats, who cares about the price increase? You've stuck it out to this point...

Of course it's easy for me to say these things as a non-holder and as someone who isn't particularly interested in season tickets.
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Because it will now cost me $18,000 per year to keep them. Also, duping loyal customers doesn’t seem like a very good strategy for the long term
 
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#140
#140
walkenvol said:
Cmon GB - it’s clear your sore about the price increase but CRB has improved the product and CJH appears to have things on an upward trajectory. If dad’s been buying tickets for 30 years for the entire family then maybe all the adults could start sharing the costs so that you can continue to enjoy attending games without a financial burden on dad?
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It truly amazes me that without knowing someone’s personal situation, you would make this kind of comment. I’m really sure @golfballs appreciates your advice.
 
#145
#145
Thunder Good-Oil said:
The point that went way over your head is that the $25,000 donated 35 years ago is far more valuable than the credit you’re giving to it.
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The point is that those people got their money’s worth…sucks for them if they choose not to keep the tickets at what is a fair cost, someone will scoop them up.
 
#146
#146
bleedingTNorange said:
The point is that those people got their money’s worth…sucks for them if they choose not to keep the tickets at what is a fair cost, someone will scoop them up.
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I don’t know. If I gave UT $25,000 in 1986 instead of using it to buy the Microsoft IPO, I’d be pretty pissed that I don’t have $40 million in MSFT securities plus $5,000/week in dividends while UT tells me that the donation now has zero residual benefits.
 
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#147
#147
Thunder Good-Oil said:
I don’t know. If I gave UT $25,000 in 1986 instead of using it to buy the Microsoft IPO, I’d be pretty pissed that I don’t have $40 million in MSFT securities plus $5,000/week in dividends while UT tells me that the donation now has zero residual benefits.
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Reaching guy. Take the L
 
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#148
#148
Lefteye said:
Reaching guy. Take the L
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There is no L to take here. You may not understand things like opportunity cost, time value of money, and compounded returns. A donation decades ago should not be dismissed as now worthless by the institution if they expect to receive more donations going forward.
 
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#149
#149
Whatever money they make they need to redo the facade of TBA. Went to the South Carolina game a couple weeks and drove past it. It hit me again how ugly it is.
 
#150
#150
zjcvols said:
Whatever money they make they need to redo the facade of TBA. Went to the South Carolina game a couple weeks and drove past it. It hit me again how ugly it is.
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Stokely, Turner Field, and the Georgia Dome didn’t even survive 30 years as sports venues. They’re probably already making plans to demolish the TBA… because the UT Athletic Department knows how to spend.
 
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