Thompson Boling Arena at Food City Center

#103
#103
joevols89 said:
Because no one wants their facility named after dumpy grocery stores.
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How does this affect anything other than UT gets an essentially free $2M/year? Will it ruin going to games? Are recruits going to not want to come to UT?
 
#108
#108
joevols89 said:
Danny’s #1 fan. Thanks for your input. He could take a **** on the power T and you’d be the first here to defend him.
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I’m not suggesting he do that, but don’t you think he deserves some benefit of the doubt? Everything that man has done has turned out to look pretty genius, many folks criticized his ticket structure he unraveled and claimed how attendance would plummet and it was a money grab, well attendance has never been higher across the board. Dude has made great moves and made money at every turn and has the athletic department in the best shape it’s been in since…(?), this deal is among the highest $$$ amount per year that any school is getting, even football stadiums that will garner more money (see Neyland soon), so maybe it was a smart move like 99% of the things he’s done since getting to Knoxville?
 
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#111
#111
joevols89 said:
Danny’s #1 fan. Thanks for your input. He could take a **** on the power T and you’d be the first here to defend him.
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News flash buddy, sports are money driven.

Schools are receiving money, players are receiving money. It’s the new norm of college sports.

You don’t have to like it but DW is doing what any other athletic director would do.
 
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#112
#112
VolFreakJosh said:
News flash buddy, sports are money driven.

Schools are receiving money, players are receiving money. It’s the new norm of college sports.

You don’t have to like it but DW is doing what any other athletic director would do.
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There are plenty of ADs that haven’t done this yet.
 
#113
#113
bleedingTNorange said:
I’m not suggesting he do that, but don’t you think he deserves some benefit of the doubt? Everything that man has done has turned out to look pretty genius, many folks criticized his ticket structure he unraveled and claimed how attendance would plummet and it was a money grab, well attendance has never been higher across the board. Dude has made great moves and made money at every turn and has the athletic department in the best shape it’s been in since…(?), this deal is among the highest $$$ amount per year that any school is getting, even football stadiums that will garner more money (see Neyland soon), so maybe it was a smart move like 99% of the things he’s done since getting to Knoxville?
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Danny’s job is a lot easier when FB is in the top 10 and BB is consistently one of the best programs in the country. His legacy will be defined if he’s still around to hire CRB’s replacement. Heupel kind of fell in his lap.
 
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#114
#114
joevols89 said:
It’s not just about how much revenue their football program generates. How many events does TBA hold that aren’t UT basketball games?

But again - my primary point isn’t we should be getting more. We shouldn’t be doing this unless we are flat broke or it’s “transformational” money.
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This is mostly where I'm at. It amounts to a small payout for a widely-viewed "sellout" move. $20 million across 10 years isn't going to make or break our athletic budget. If this money was funneled into Spyre, instead, I'd perhaps feel different. $20 million just doesn't go very far in terms of facility upgrades these days.
 
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#117
#117
cncchris33 said:
This is mostly where I'm at. It amounts to a small payout for a widely-viewed "sellout" move. $20 million across 10 years isn't going to make or break our athletic budget. If this money was funneled into Spyre, instead, I'd perhaps feel different. $20 million just doesn't go very far in terms of facility upgrades these days.
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Who’s to say a donor that was going to pledge $20m to athletic budget hasn’t reallocated those funds to Spyre with this move?
 
#118
#118
zjcvols said:
Why did UT fans make fun of Kroger Field anyways? 98% of pro stadiums have sponsorship for stadiums.

I believe “We can’t make fun of Kentucky’s stadium name now” for $20M is more than a fair deal.

Also Danny is a top tier financier and negotiator for athletic departments. I’m sure he got the best deal.
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I don’t think being able to make fun of another team is a good justification for not wanting to sign a $20 million deal. I just personally think the name Food City Arena is very lame and wish we could have found something a bit more palatable. That’s all. It’s a minor issue in the grand scheme of things obviously.
 
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#120
#120
I'm not surprised at this and not disappointed, winning requires money. BUT I am a little surprised at the low sum. Georgia Tech just did a 20 year deal with Hyundai to rename Grant Field as Hyundai Field and they are getting $2.75mil per year. I get that football > basketball but that said, Tennessee basketball draws more eyes than GT football and there are far more events in TBA than there are at Bobby Dodd stadium. So it seems $2mil is not enough but this is a 10 year deal not 20 years like GT so that may be part of it.

I'm a middle Tennessee guy, have never seen a Food City outside of East TN so perhaps it's just because Food City is much smaller than some of these other corporations. But UT is under no obligation so sell them their naming rights so seems like they could have sought more money from a bigger sponsor.
 
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#123
#123
TheMookieMonster said:
I don’t think being able to make fun of another team is a good justification for not wanting to sign a $20 million deal. I just personally think the name Food City Arena is very lame and wish we could have found something a bit more palatable. That’s all. It’s a minor issue in the grand scheme of things obviously.
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It could be worse. Preparation H. Depends. MyPillow. Bud Light.
 
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