This thread jumped the shark quickly. It went from a discussion on our $300 million debt to "Our stadium is asymmetrical and therefore should be rebuilt."
It started with recognizing the expense of the north stands expansion and east stands club seat renovations and the longterm financial effects that contributed to the debt problem. Which led to questioning the aesthetic impact and home field atmosphere impacts and questioning the cost/benefit of the decision to expand/renovate to begin with.
Did the stadium work give a return on investment? Were these bad financial decisions? Don't know. It appears the debt for building it is still on the books and part of the debt being serviced. Was the stadium work a bad aesthetic decision? By most accounts yes. The upper north deck is usually a mostly empty monstrosity. Was the stadium work bad for home field advantage? Sure looks that way to me.
The east stands used to be filled with Tech lunatics. It was loud, rowdy and made it difficult for the opposing teams. That ended with the stadium renovations, club seating and seat reassignments. It's weak sauce compared to the way it was.
The original question was, "Why are we broke?" And the answer is "bad decisions" which include what was done with the stadium. This piecemeal approach to the stadium and attached buildings is not good. It's partly what lead to the monstrosity of the upper north deck and the ruinous, divisive lower east club seating. Next up for renovation is the Edge building for another $80M+.
Ideally, the stadium and attached buildings should be considered holistically to avoid things like what happened with the North upper deck and club seats. That would require a complete redesign, tear down of stadium, Wardlaw, Student Success Center, and Edge building and a complete rebuild from infrastructure up. You could then have a complete stadium facility with all the office space, exercise / weight training space and any other kind of space you could possibly need.
This would take a lot of money, a lot of time, and a lot of work. Maybe there's just not enough footprint to build it. Maybe it's not even possible with modern building requirements. I'm not expecting it to happen so let's hope the Edge building renovation goes well and doesn't end up looking like the North upper deck and lower east stand chair backs.
Maybe we can still put a telescope up on the upper north stands.