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A serious question or two...

Matters not. We are giving up about 1.5 in revenue. Play it anyway you want it. This coaching regime is bleeding money. That simple.
 
NewBernDeac said:
The way I read it we are 3rd in profits in the ACC - and way better that most. This has to be a wakekup to many here.
IMO Wake admin is so headstrong that they can handle a million lost without bowing to us, the masses.

PROFITS
Virginia – 6,839,869
Virginia Tech – 3,752,954
Wake Forest – 3,586,168
N.C. State – 1,370,235
Maryland – 675,996
North Carolina – 558,646
Duke – 380,330
Miami – 216,098
Georgia Tech – 133,377
Boston College – 0
Clemson – 0
Florida State – 0
Click to expand...

Some of these schools profits could be the result of "fuzzy" accounting...until all NCAA schools have a standardized method to report their P & L, one can make the bottom line be black when in reality it is red...
 
We are 8th in the conference in basketball revenue, behind the likes of Miami and Virginia Tech.

Though, as noted, all of these numbers are a little fuzzy, especially for a private institution whose financials aren't a matter of public record.

ETA: Didn't realize the profit was inclusive of the entire department, a number in which I have even less faith.
 
Last edited:
NewBernDeac said:
The way I read it we are 3rd in profits in the ACC - and way better that most. This has to be a wakekup to many here.
IMO Wake admin is so headstrong that they can handle a million lost without bowing to us, the masses.

PROFITS
Virginia – 6,839,869
Virginia Tech – 3,752,954
Wake Forest – 3,586,168
N.C. State – 1,370,235
Maryland – 675,996
North Carolina – 558,646
Duke – 380,330
Miami – 216,098
Georgia Tech – 133,377
Boston College – 0
Clemson – 0
Florida State – 0
Click to expand...

As far as merchandising goes, this would again go along with the lack of merchandising available now compared to 3-4 years ago. Minimalizing availability to maximize off of profit should go without saying.
 
1976Deac said:
Notwithstanding some folks' criticism, Skip's players graduated and he could flat fill a gym.

I wonder how much in actual ticket sales Coach Bzzz is costing Wake now, and how much of a continuing cash loss the AD, the President, or the Board of Trustees (depending on whoever finally mans up) is able and willing to take. Any ACC-Big East game ought to draw some serious basketball fans, even if they are not big Wake fans, but there sure weren't many in the Joel last night. I would guess there were 9,000-10,000 empty seats there last night.

I do not know what the ticket pricing has been for the non-conference games to date. The Wake ticket site says you can still get a Furman ticket but you can't get a ticket for any other remaining home games (presumably being the ACC games) unless you buy a package. Unfortunately that will change by the day of the first ACC game, but right now the ACC packages appear to be five games for $155-$250 depending on seating and the package.

10,000 empty seats in the Joel roughly costs Wake somewhere between $310,000 and $500,000 cash per game in lost ticket sales. That does not include any of the other associated lost receipts from parking and vendors, but those would be even rougher guesses. That does not include the absence or loss of the increase in student applications that we know from past experience results from a successful basketball program.

I don't expect there to be 10,000 empty seats when State comes to the Joel, but we are still talking serious dollars here in any event. I don't know how much we still owe on Dino's contract (although it should be about over, if it isn't yet), and I don't know how much we're going to owe Coach Bzzz, but I think we do know that somewhere between $310,000 to $500,000 per game is what 10,000 empty seats in the Joel is costing us today, in addition to Dino's contract and to Bzzz.

I am just wondering how many more games of $310,000-$500,000 in lost ticket sales are enough for the AD, or the President, or the Board of Trustees to say we believe that is enough.
Click to expand...

So true, but it has gotten to where you wonder if RW doesn't care because of his EGO and the fact he hired this guy? Same thing with Jim Caldwell years ago when he kept him at least 2 years too long with a 37% winning %age. Is the raise in money from the ACC making him not care? It sure is embarrasing to see all these seats empty at football & basketball with all the games on TV. How many close cropped shots can you get of press row & the benches to not show much of the crowd anymore? The Vandy football game couldn't have had more than 15,000 hardy souls actually there so that brilliant Thanksgiving matchup hasn't worked either.
 
Bubble Boy said:
I would also think that it is harder to sign up companies for sponsorships/advertising these days, especially for the same rate that we could get when we were halfway decent.
Click to expand...

KK dropped their sponsorship on the backs of the bench chairs.
 
BobHWS said:
From the 2012-13 Basketball Media Guide

ANNUAL HOME ATTENDANCE
Season G Total Avg. Rank
2011-12 16 138,802 8,675 22
2010-11 19 174,781 9,199 21
2009-10 15 177,498 11,833 9
2008-09 15 181,832 12,122 6
2007-08 17 202,282 11,899 8
2006-07 17 174,992 10,294 16
#2005-06 18 263,970 14,665 1
2004-05 16 209,321 13,083 4
2003-04 15 197,950 13,197 3
2002-03 16 170,582 10,661 14
2001-02 16 174,277 10,892 13
2000-01 16 179,033 11,190 12
1999-00 16 179,215 11,201 11
1998-99 16 163,191 10,199 17
1997-98 17 194,223 11,425 10
1996-97 14 191,936 13,710 2
1995-96 14 179,108 12,793 5
1994-95 13 155,465 11,959 7
1993-94 16 131,656 8,229 23
1992-93 15 139,505 9,300 20
1991-92 16 166,958 10,435 15
1990-91 15 139,575 9,305 19
*1989-90 14 131,123 9,366 18
1988-89 13 101,150 7,781
1987-88 15 99,830 6,655
1986-87 15 105,900 7,060
1985-86 15 121,831 8,122
1984-85 15 114,914 7,661
*First season in Lawrence Joel Coliseum
# Season tickets sold out for first time in school history
Click to expand...

Wow, attendance is very close to being what it was when we played almost all of our games in Gboro (look at 85-86 compared to last year)......Prior to [Redacted] we hadn't drawn less than 10K average since '93-94....
 
BobHWS said:
From the 2012-13 Basketball Media Guide

ANNUAL HOME ATTENDANCE
Season G Total Avg. Rank
2011-12 16 138,802 8,675 22
2010-11 19 174,781 9,199 21
2009-10 15 177,498 11,833 9
2008-09 15 181,832 12,122 6
2007-08 17 202,282 11,899 8
2006-07 17 174,992 10,294 16
#2005-06 18 263,970 14,665 1
2004-05 16 209,321 13,083 4
2003-04 15 197,950 13,197 3
2002-03 16 170,582 10,661 14
2001-02 16 174,277 10,892 13
2000-01 16 179,033 11,190 12
1999-00 16 179,215 11,201 11
1998-99 16 163,191 10,199 17
1997-98 17 194,223 11,425 10
1996-97 14 191,936 13,710 2
1995-96 14 179,108 12,793 5
1994-95 13 155,465 11,959 7
1993-94 16 131,656 8,229 23
1992-93 15 139,505 9,300 20
1991-92 16 166,958 10,435 15
1990-91 15 139,575 9,305 19
*1989-90 14 131,123 9,366 18
1988-89 13 101,150 7,781
1987-88 15 99,830 6,655
1986-87 15 105,900 7,060
1985-86 15 121,831 8,122
1984-85 15 114,914 7,661
*First season in Lawrence Joel Coliseum
# Season tickets sold out for first time in school history
Click to expand...

Deacon2002 said:
Wow, attendance is very close to being what it was when we played almost all of our games in Gboro (look at 85-86 compared to last year)......Prior to [Redacted] we hadn't drawn less than 10K average since '93-94....
Click to expand...

With the exception of 93-94, the last two years have been the worst ever at the Joel. I'm guessing that this year will replace 93-94 as THE worst attendance ever at the Joel.
 
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