COFH Ticket Distribution

Liberty said:
I'm not a fan of the Benz, but we're cash strapped. I get the decision. This is all back of the napkin math:

Last data I know of we had $10.1M in football ticket sales, I think it's up to about $12M now. That's about $1.7-$2.0M/game. Assuming the mutt game is 3x which is pretty ric assumption, that's $6M. Let's say we make $1M on everything else that's $7M.

Our base season ticket price is $390, that's $65/ea. 20k tix at $65/ea is $1.3M. Based on that an average game plus extra for mutts is 2 + 1.3, giving you $3.3M. Add in $1M parking and concessions, that's $4.3M.

We're likely clearing between $3-5M extra from playing the game at the Benz, likely closer to the $5M, roughly 40-50% extra of an average season's revenue by eating this deal.
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MBS is likely making $250 ticket net x 70,000 = 17.5mm - 10mm = 7.5mm, MBS has some risk of tickets not selling but unlikely.

Also must keep in mind Tech working on BDS so some value in not hosting game that week. I'm hinting at with Tech making $5MM then split the profits approach with MBS.
 
79tech said:
MBS is likely making $250 ticket net x 70,000 = 17.5mm - 10mm = 7.5mm, MBS has some risk of tickets not selling but unlikely.

Also must keep in mind Tech working on BDS so some value in not hosting game that week. I'm hinting at with Tech making $5MM then split the profits approach with MBS.
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The Falcons make $85M per season for 8 home games plus pre-season, approx $10M/game. I think we could match that but beating it by 70%, hmmm not sure about that
 
Liberty said:
The Falcons make $85M per season for 8 home games plus pre-season, approx $10M/game. I think we could match that but beating it by 70%, hmmm not sure about that
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I'm guessing with back of envelope, so interesting that Falcons get $10mm a game.
 
Quick question, since I have not been in yet, is this just a normal Ticketmaster purchase with a code? In other words, are some folks just gonna sell the presale code?
 
Liberty said:
I'm not a fan of the Benz, but we're cash strapped. I get the decision. This is all back of the napkin math:

Last data I know of we had $10.1M in football ticket sales, I think it's up to about $12M now. That's about $1.7-$2.0M/game. Assuming the mutt game is 3x which is pretty ric assumption, that's $6M. Let's say we make $1M on everything else that's $7M.

Our base season ticket price is $390, that's $65/ea. 20k tix at $65/ea is $1.3M. Based on that an average game plus extra for mutts is 2 + 1.3, giving you $3.3M. Add in $1M parking and concessions, that's $4.3M.

We're likely clearing between $3-5M extra from playing the game at the Benz, likely closer to the $5M, roughly 40-50% extra of an average season's revenue by eating this deal.
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I would have been MUCH happier paying a surcharge on that one game and keeping it at BDS. That game ALWAYs sells out or very close, so a $ 95 surcharge would have more than covered the difference we received out of the Benz deal? 95 x 55,000 =5.23M. I would have paid that without a second thought and come out way ahead.

FWIW, here was the Benz cost breakdown for mine. I have 4 season tickets, but couldn't justify 2,600 for one game. A little mad at myself for the 1,300 actually.

Tickets USD $525.00 x 2
Fees
USD $5.00 (Facility Charge) x 2
USD $107.75 (Service Fee) x 2
USD $9.59 (Tax) x 2

The service fee was defined as a "participant compensatory fund" or some similar wording. I would have more respect if they were truthful and just called it the "Bend over and take it dry fee because we are collecting directly from you what you thought was a no brainer windfall for your athletic department"

Haven't seen anyone speculate how much AMB Sports and Entertainment (AMBSE) is getting compensated for the broadcast or if that's baked in with the school and conference deals and their only source of revenue is ticket sales and extortion fees. Assume ESPN and or its affiliates have the broadcast rights to the game since it's technically an ACC home game? Would be interesting to know what the television take is, if any, for AMBSE. Hell, it had one of the highest viewership ratings in all of the regular season CFB last year IIRC. The add space should be pretty respectable.
 
DinnerJacket said:
But you still won't answer my question what's YOUR limit? At what point do YOU become a cheapskate that you so easily toss around for those now?
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I don't really see what my personal limit has to do with the discussion. It's not $100. I don't think that's high. I think our current home games prices are very low in comparison to most schools.

Before I joined the Stingtalk seating, I had 2 season tix in lower west. 2 x $400 seat license IIRC, plus another 2 x $300 or so for the tickets, that's $1400. Divide by 6 home games and it's more than $200 per game.

When we had a great season and played in the Orange Bowl, I went down with a lady friend and got VIP tix and plane tix and a hotel, and then got "snowed in" down there and had to add extra day to hotel. Lady friend lost her ticket right before we walked in, so I bought another one from one of Cyps friends.

Not including food, drinks, entertainment, that trip was about $2,500. So that year (if you average that into the more typical year), I paid about $560/game - That was like 20 years ago

if your limit is $100 in 2025 for a 4hr event, then imo you're a cheapskate
 
As a follow-up, let me say that I realize that Tech fans are likely more faceted than Georgie fans. I get that Tech ppl probably have other interests that require funding - and I'm fine with that.

I'm even fine with anyone deciding it's too much for them to spend on GT Football, and just watching on TV.

But I'm not really down with whining it's too expensive, bc imo, it's not. It's in-line with similar events all over the Southeast.

So if you whine about it being "too expensive;" rather than saying, "id rather spend money on another pursuit," then imma say "you cheap, Sal!"
 
“The code you entered is correct, but there are no more tickets available.”

Hmm, that doesn’t seem right. Any thoughts?

FWIW, I couldn’t get the code to work in the mobile browser or the mobile app (oh, and it’s apparently case-sensitive), so I’m logged into Ticketmaster on a desktop.

I buy presale tickets from Ticketmaster pretty regularly, so finding this to be a surprisingly frustrating experience…

JRjr
 
Yeah I'm seeing there are no more tickets message. Maybe it's not 10am eastern; email doesn't specify
 
If you just hit OK on the popup where you enter your code, you can browse for tickets. Most are locked, a few are selectable, but the cheapest I see are like $160+fees.

JRjr
 
vapspwi said:
“The code you entered is correct, but there are no more tickets available.”

Hmm, that doesn’t seem right. Any thoughts?

FWIW, I couldn’t get the code to work in the mobile browser or the mobile app (oh, and it’s apparently case-sensitive), so I’m logged into Ticketmaster on a desktop.

I buy presale tickets from Ticketmaster pretty regularly, so finding this to be a surprisingly frustrating experience…

JRjr
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Me too. There are several of us in the same predicament. Seems like a bug.
 
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