The Official “Regular Posters of the Basketball Forum” Thread

[Thunder Good-Oil]

They both played the same competition. Hooker put up 21 against Pitt. Milton 10.

Might could be flaws with the confidence interval.

 

[TN_gal]

SEC Basketball Media days will be virtual this year (October 18-29).

 

[ArdentVol]

let's keep this on basketball

 

[Thunder Good-Oil]

let's keep this on basketball

In the BBF off topic thread? That’s kind of harsh.

 

[Thunder Good-Oil]

More narrative pushed by Basilio today. The UTAD has lawyers working on cancelling the lifetime seat licenses that were sold when the financial package to build the TBA was put together in the early-mid 1980s. IIRC, they were $1,000/seat and seemed crazy expensive at the time.

Basilio also said that Danny White’s buyout is $8 million and therefore he’s not concerned about pissing of the wrong people and getting fired.

Basilio. TIFWIW.

 

[bleedingTNorange]

More narrative pushed by Basilio today. The UTAD has lawyers working on cancelling the lifetime seat licenses that were sold when the financial package to build the TBA was put together in the early-mid 1980s. IIRC, they were $1,000/seat and seemed crazy expensive at the time.

Basilio also said that Danny White’s buyout is $8 million and therefore he’s not concerned about pissing of the wrong people and getting fired.

Basilio. TIFWIW.

I’ll hope this one is true

 

[JelloPuddinPup]

More narrative pushed by Basilio today. The UTAD has lawyers working on cancelling the lifetime seat licenses that were sold when the financial package to build the TBA was put together in the early-mid 1980s. IIRC, they were $1,000/seat and seemed crazy expensive at the time.

Basilio also said that Danny White’s buyout is $8 million and therefore he’s not concerned about pissing of the wrong people and getting fired.

Basilio. TIFWIW.

How many seats does that effect? Just curious.

 

[cncchris33]

I’ll hope this one is true

I understand why you'd say that, but selfishly, I don't want to see it happen. My dad and his buddies have seats at midcourt, 20 rows up, and have forever because of that promise by the UTAD.

Beyond that, at the cost of those tickets, you'll eventually just trade one wealthy, aging fanbase for another. Rinse, wash, repeat. Danny White is about to piss off the entire fanbase in all sports, at least the portion of fans that ultimately pay his salary and contribute the majority of private dollars to the athletic department. Fair to say that he will pick up money from new contributors, but will it offset the "old money" he's about to piss off?

Lastly, a promise is a promise. Tennessee should honor that, especially as it relates to Thompson-Boling Arena. Those donors were promised those tickets for life and the opportunity to grandfather them one generation (IIRC). Going back on that word will likely cause future donors to be gunshy on any "promise" made by the AD.

 

[omghulkhands]

More narrative pushed by Basilio today. The UTAD has lawyers working on cancelling the lifetime seat licenses that were sold when the financial package to build the TBA was put together in the early-mid 1980s. IIRC, they were $1,000/seat and seemed crazy expensive at the time.

Basilio also said that Danny White’s buyout is $8 million and therefore he’s not concerned about pissing of the wrong people and getting fired.

Basilio. TIFWIW.

If I’ve had season tickets for 30 years that I only paid the equivalent of $3k for (adjusted for inflation) I don’t think I’d be too salty the gravy train was coming to an end

 

[cncchris33]

If I’ve had season tickets for 30 years that I only paid the equivalent of $3k for (adjusted for inflation) I don’t think I’d be too salty the gravy train was coming to an end

Why not? It isn't those fans' fault that Tennessee made a bad deal for future returns in exchange for instant gratification ($$$). Tennessee didn't need Thompson-Boling Arena. They were simply trying to one-up Kentucky. The AD got greedy and envious after Rupp was built, and this is the fallout they have to deal with 35 years later.

 

[omghulkhands]

Why not? It isn't those fans' fault that Tennessee made a bad deal for future returns in exchange for instant gratification ($$$). Tennessee didn't need Thompson-Boling Arena. They were simply trying to one-up Kentucky. The AD got greedy and envious after Rupp was built, and this is the fallout they have to deal with 35 years later.

I understand why someone would be upset.

I just personally wouldn’t. I understand the exchange of value that has taken place here and I wouldn’t be miffed.

 

[JelloPuddinPup]

I understand why someone would be upset.

I just personally wouldn’t. I understand the exchange of value that has taken place here and I wouldn’t be miffed.

I see both sides. Similar to that "unlimited" flying pass that some of the airlines did back in the day.

 

[cncchris33]

I understand why someone would be upset.

I just personally wouldn’t. I understand the exchange of value that has taken place here and I wouldn’t be miffed.

I just think it is a critical error in strategy, especially in football. Asking people to pay double what they are currently paying for tickets to see an awful product that has been garbage for 15 years isn’t good business.

And to boot, you are going to alienate the basketball fans who literally built that arena, and ask them to pay double/triple the cost for them to keep the tickets that have been in their families for 35 years after promising them for a lifetime. Just becomes all the more apparent that money rules, promises mean nothing, and fans who took care of the university won’t be taken care of by the university.

My guess is that the Neyland family is going to be upset when their namesake is stripped from the stadium in favor of some corporate sponsor within the next 5 years, because that’s coming, too. Nothing is sacred l, anymore.

Tennessee is about to lose a bunch of fans. Fans who have stood by while this AD has been in the relative toilet, as a whole, for the last 15 years, because Tennessee is telling them they don’t matter.

 

[bleedingTNorange]

I understand why you'd say that, but selfishly, I don't want to see it happen. My dad and his buddies have seats at midcourt, 20 rows up, and have forever because of that promise by the UTAD.

Beyond that, at the cost of those tickets, you'll eventually just trade one wealthy, aging fanbase for another. Rinse, wash, repeat. Danny White is about to piss off the entire fanbase in all sports, at least the portion of fans that ultimately pay his salary and contribute the majority of private dollars to the athletic department. Fair to say that he will pick up money from new contributors, but will it offset the "old money" he's about to piss off?

Lastly, a promise is a promise. Tennessee should honor that, especially as it relates to Thompson-Boling Arena. Those donors were promised those tickets for life and the opportunity to grandfather them one generation (IIRC). Going back on that word will likely cause future donors to be gunshy on any "promise" made by the AD.

What’s the cost currently donation + ticket for LL basketball? What’s it going to be?

One thing I like about it it is gives the chance to maybe move the student section to a sideline which many have said for years would help the atmosphere.

 

[bleedingTNorange]

I just think it is a critical error in strategy, especially in football. Asking people to pay double what they are currently paying for tickets to see an awful product that has been garbage for 15 years isn’t good business.

And to boot, you are going to alienate the basketball fans who literally built that arena, and ask them to pay double/triple the cost for them to keep the tickets that have been in their families for 35 years after promising them for a lifetime. Just becomes all the more apparent that money rules, promises mean nothing, and fans who took care of the university won’t be taken care of by the university.

My guess is that the Neyland family is going to be upset when their namesake is stripped from the stadium in favor of some corporate sponsor within the next 5 years, because that’s coming, too. Nothing is sacred l, anymore.

Tennessee is about to lose a bunch of fans. Fans who have stood by while this AD has been in the relative toilet, as a whole, for the last 15 years, because Tennessee is telling them they don’t matter.

I’m sure you won’t like this take but the 80+ year old crowd is much less important to the future of Tennessee than the 30+ year old crowd.

 

[golfballs]

More narrative pushed by Basilio today. The UTAD has lawyers working on cancelling the lifetime seat licenses that were sold when the financial package to build the TBA was put together in the early-mid 1980s. IIRC, they were $1,000/seat and seemed crazy expensive at the time.

Basilio also said that Danny White’s buyout is $8 million and therefore he’s not concerned about pissing of the wrong people and getting fired.

Basilio. TIFWIW.

This reminds me of the AAPass that American Airlines issued for unlimited lifetime flights for an upfront cost. Even their lawyers couldn’t just cancel them. They basically stalked the people who had them and tried to find ways they could claim a breach of contract. Maybe UT can offer some a buyout and they’d take it, but I have a feeling those who don’t won’t be going anywhere anytime soon.

 

[golfballs]

I’m sure you won’t like this take but the 80+ year old crowd is much less important to the future of Tennessee than the 30+ year old crowd.

I’m in my mid 30s and make the full donation every year, but now that they’re going to make me pay $4600 per seat to keep my tickets that I’ve had since I graduated, I’m done w them. Wont be donating again

 

[bleedingTNorange]

I’m in my mid 30s and make the full donation every year, but now that they’re going to make me pay $4600 per seat to keep my tickets that I’ve had since I graduated, I’m done w them. Wont be donating again

How much was the donation? How much were tickets on top of your donation?

My understanding is that this new model would be cheaper to obtain tickets, is that not the case?

 

[cncchris33]

What’s the cost currently donation + ticket for LL basketball? What’s it going to be?

One thing I like about it it is gives the chance to maybe move the student section to a sideline which many have said for years would help the atmosphere.

Tennessee is doing this for money. You don't get that by putting the students in the best seats. I'll be absolutely floored if that happens.

 

[cncchris33]

I’m sure you won’t like this take but the 80+ year old crowd is much less important to the future of Tennessee than the 30+ year old crowd.

That isn't the point. I understand why Tennessee thinks it's a good idea. I just don't think it will work, and more likely will backfire and cost them money.

 

[bleedingTNorange]

Tennessee is doing this for money. You don't get that by putting the students in the best seats. I'll be absolutely floored if that happens.

So this is going to generate more money than current model? Maybe I misunderstood the change.

Aren’t they removing a bunch of high dollar seats in Neyland to put in a sports bar area???

 

[bleedingTNorange]

That isn't the point. I understand why Tennessee thinks it's a good idea. I just don't think it will work, and more likely will backfire and cost them money.

Like I said maybe I’m minsunderstanding what they’re proposing

 

[Thunder Good-Oil]

IIRC, when the TBA was being planned the initial cost was $25 million. It ended up being nearly twice that after the bottomless sinkhole was discovered, there was a structural design issue that had to be reworked (initially there was no center scoreboard… turned out the roof could not support one), and the original contractor went bankrupt. The municipalities (or Knox County) created an entertainment tax of about 18% to cover their share of the financing, and every 1,000x seat licenses sold raised another one million dollars. I think they targeted 10,000x licenses but came up a bit short. The state of TN kicked in $$$s plus the donors (primarily B. Ray Thompson… a coal mining tycoon) ponied up. I’m not 100% certain but BRT might have owned Sun Coal and it was headquartered in the building on Old Kingston Pike that WIVK radio bought in the 1990s.

The horrible collateral damage was that popular acts in the 1980s avoided Knoxville because of the 18% entertainment tax. Worked out great for JC, Chattanooga, Greensboro, etc. The entertainment tax wasn’t just on TBA events. It was on every facility in Knox County.

 

[Volprofch05]

IIRC, when the TBA was being planned the initial cost was $25 million. It ended up being nearly twice that after the bottomless sinkhole was discovered, there was a structural design issue that had to be reworked (initially there was no center scoreboard… turned out the roof could not support one), and the original contractor went bankrupt). The municipalities (or Knox County) created an entertainment tax of about 18% to cover their share of the financing, and every 1,000x seat licenses sold raised another one million dollars. I think they targeted 10,000x licenses but came up a bit short. The state of TN kicked in $$$s plus the donors (primarily B. Ray Thompson… a coal mining tycoon) ponied up. I’m not 100% certain but BRT might have owned Sun Coal and it was headquartered in the building on Old Kingston Pike that WIVK radio bought in the 1990s.

The horrible collateral damage was that popular acts in the 1980s avoided Knoxville because of the 18% entertainment tax. Worked out great for JC, Chattanooga, Greensboro, etc. The entertainment tax wasn’t just on TBA events. It was on every facility in Knox County.

Interesting, have wondered why Knoxville doesn't seem to get many shows relative to it's size.

 

[Thunder Good-Oil]

So this is going to generate more money than current model? Maybe I misunderstood the change.

Aren’t they removing a bunch of high dollar seats in Neyland to put in a sports bar area???

Sections R-W, rows 1-22 are being booted out of their seats and the lounge area will be built there with seating. They have the option of keeping their seating location for about $5k/spot. The north end zone will have a party deck targeting millennials.