Finally, we know

[jkflamebo]

You obviously didn't take economics at SMU

taking it with batra right now

that should be worth ten steps back.

in fact, i literally got a 100 on the last test

[mt327]

You obviously didn't take economics at SMU

taking it with batra right now

that should be worth ten steps back.

http://www.ravibatra.com/

What are you talking about. He's a genius. Who else could have made forecasts such as Inflation will gradually subside in the 1980s." and " Real estate values will plummet in many areas of the United States"

[Pony Ride]

You obviously didn't take economics at SMU

I was about to type "supply and demand" then I see this post. Glad somebody actually got something out of their education.

[The XtC]

[quote="Pony Ride"][quote="mt327"]You obviously didn't take economics at SMU[/quote]

I was about to type "supply and demand" then I see this post. Glad somebody actually got something out of their education.[/quote]

I'm familiar with Keynesian theory and supply and demand curves. The problem is someone in the athletic department has figured out that at this point demand for SMU tickets has reached a point of relative Inflexibility. Meaning that lowering prices wont result in a significant increase in number of tickets sold, and raising prices wont result in a significant decrease. The people who are still buying season tickets are the diehards, the people who are going to watch the game, come Hell or high water. People not buying season tickets.... most of them are only vaguely aware that the games are going to occur, and you couldnt drag them there with a rope around their neck.

The typical season ticket buyer at this point will buy the exact same number of tickets at $50 dollars each as he would for $10 each. He has to have his tickets, no way around it. But there's no point in buying any extra, because he couldnt convince anyone to come with him even if he used a shotgun. That's Inflexible Demand.

I'm exagerating a tiny bit here. but you get the picture. The Athletic Deparment loses a handful of fans over raising ticket prices, but the increased revenue surpasses the losses. There will be a breaking point to this, a price where the diehards give up, and then it all comes crashing down hard, but the department will try to maximize their revenue until they reach that point.

[Pony94]

You obviously didn't take economics at SMU

I was about to type "supply and demand" then I see this post. Glad somebody actually got something out of their education.

I'm familiar with Keynesian theory and supply and demand curves. The problem is someone in the athletic department has figured out that at this point demand for SMU tickets has reached a point of relative Inflexibility. Meaning that lowering prices wont result in a significant increase in number of tickets sold, and raising prices wont result in a significant decrease. The people who are still buying season tickets are the diehards, the people who are going to watch the game, come Hell or high water. People not buying season tickets.... most of them are only vaguely aware that the games are going to occur, and you couldnt drag them there with a rope around their neck.

The typical season ticket buyer at this point will buy the exact same number of tickets at $50 dollars each as he would for $10 each. He has to have his tickets, no way around it. But there's no point in buying any extra, because he couldnt convince anyone to come with him even if he used a shotgun. That's Inflexible Demand.

I'm exagerating a tiny bit here. but you get the picture. The Athletic Deparment loses a handful of fans over raising ticket prices, but the increased revenue surpasses the losses. There will be a breaking point to this, a price where the diehards give up, and then it all comes crashing down hard, but the department will try to maximize their revenue until they reach that point.

Carbeiner, Balke, Brown, Davis...they would all be proud...well done.

[SMU89]

that the new Coach will get paid way too much for what he will deliver... and I'm okay with that for a season or two.

Who pays this $1.6MM? It ain't these mysterious "rich" alum-- it's all us season ticket holders who will front the bill for the new HC.

Same way JJ is gonna pay for Romo's 60+MM deal

I think I liked it better when the players got paid more than the coaches

I'm sure Ford, Hunt and others like driving by an empty stadium they paid for several years ago.

Given the new lending environment, it would be very difficult for them to come up with $10+ million to buyout Phil and bring someone else in.

Completely Clueless.

[Dwan]

Boys, you miss the point. If the death penalty never happened, we would be paying a coach in the 1.5 to 2.0 million dollar range. Since it happened and we are now no longer a football school but an academic school, we pay our coach 500kl....near if not at the complete bottom of 1-A salaries.....but since Steve-O is in town.....things are going old school. Regardless of what you may think of our new coach, whomever he may be, it is a great sign that we are paying real money!

[Dwan]

Ford could wipe his [deleted] with a ten million dollar check and get more money for the Tax write off

[SMU89]

Ford could wipe his [deleted] with a ten million dollar check and get more money for the Tax write off

He and a lot of others who are Ponying Up

[Dutch]

that the new Coach will get paid way too much for what he will deliver... and I'm okay with that for a season or two.

Who pays this $1.6MM? It ain't these mysterious "rich" alum-- it's all us season ticket holders who will front the bill for the new HC.

Same way JJ is gonna pay for Romo's 60+MM deal

I think I liked it better when the players got paid more than the coaches

I'm sure Ford, Hunt and others like driving by an empty stadium they paid for several years ago.

Given the new lending environment, it would be very difficult for them to come up with $10+ million to buyout Phil and bring someone else in.

Completely Clueless.

you're clueless? the money has already been raised. 25% was given prior to bennett being fired, and the total commitment was there by the Circle of Champions. the past month was used to get the money in hand. since you're so in the know, i will assume that i don't need to explain what the Circle is.

[BrianTinBigD]

I was thinking that the easiest way to raise the money is include in the student fees a cost of buying new Student seating tickets at $50 per game or at $300 a year. If you actually show up and attend the game you can get a refund of $25 paid out at the end of the game in Mustang Money that can only be redeemed at the next football game for concessions or souvenirs. Run that out over 11,000 students and assume that the standard 1000 would acctually attend we will easily raise $3million a year from our students.

[Dutch]

I was thinking that the easiest way to raise the money is include in the student fees a cost of buying new Student seating tickets at $50 per game or at $300 a year. If you actually show up and attend the game you can get a refund of $25 paid out at the end of the game in Mustang Money that can only be redeemed at the next football game for concessions or souvenirs. Run that out over 11,000 students and assume that the standard 1000 would acctually attend we will easily raise $3million a year from our students.

unless something has changed, tickets are part of the fee "package" paid each semester. students just have to show their student ID to get in.

[perunapower]

I was thinking that the easiest way to raise the money is include in the student fees a cost of buying new Student seating tickets at $50 per game or at $300 a year. If you actually show up and attend the game you can get a refund of $25 paid out at the end of the game in Mustang Money that can only be redeemed at the next football game for concessions or souvenirs. Run that out over 11,000 students and assume that the standard 1000 would acctually attend we will easily raise $3million a year from our students.

unless something has changed, tickets are part of the fee "package" paid each semester. students just have to show their student ID to get in.

It is.

[Alaric]

Reports say $10 million was raised. We can't know for sure if that's cash or guaranties. If it's cash out of their pockets, don't worry about it. If we're all going to be obligated to pay for it in the future, suck it up if we're - if Paul Johnson or whomever we're hiring doesn't work out, it's a huge mistake & I'm with you. Don't start [deleted] already or just celebrate 1-11.

If it makes you feel any better, compare $2 million to the 2006-07 / Dallas Mavericks salaries (I just hope we're paying in dollars and not euros):

Player Annual Salary Contract Yrs Contract Amt Contract Thru Position
Nowitzki, Dirk $ 15,101,622 3 $ 60,000,000 2010-11 (p) F
Dampier, Erick $ 9,628,000 7 $ 73,000,000 2010-11 C
Stackhouse, Jerry $ 9,296,874 4 $ 33,000,000 2006-07 F-G
Terry, Jason $ 8,100,000 6 $ 57,000,000 2011-12 G
Croshere, Austin $ 7,300,000 7 $ 51,000,000 2006-07 F
Buckner, Greg $ 3,240,741 5 $ 18,800,000 2010-11 (p) G-F
Harris, Devin $ 3,153,120 4 $ 12,837,000 2007-08 G
Diop, DeSagana $ 1,998,000 3 $ 6,480,000 2007-08 C
George, Devean $ 1,974,259 2 $ 4,200,000 2007-08 G-F
Howard, Josh $ 1,667,603 4 $ 40,000,000 2010-11 (t) F-G
Mbenga, D.J. $ 1,628,959 3 $ 5,300,000 2008-09 C
Ager , Maurice $ 906,480 4 $ 4,800,000 2009-10 (t) G
Mensah-Bonsu , Pops $ 412,718 2 $ 1,100,000 2007-08 (t) F
Barea , Jose Juan $ 412,718 1 $ 412,718 2006-07 G

[BrianTinBigD]

I was thinking that the easiest way to raise the money is include in the student fees a cost of buying new Student seating tickets at $50 per game or at $300 a year. If you actually show up and attend the game you can get a refund of $25 paid out at the end of the game in Mustang Money that can only be redeemed at the next football game for concessions or souvenirs. Run that out over 11,000 students and assume that the standard 1000 would acctually attend we will easily raise $3million a year from our students.

unless something has changed, tickets are part of the fee "package" paid each semester. students just have to show their student ID to get in.

It is.

Yes, but my plan is to really stick it to them for not showing up. Plus they are getting the $9 ticket as of now. Let's tax the students!