Because there were too many interesting numbers in the SDSU football stadium pro forma to fit them all into today’s story …
* The cost of a ticket for a regular game in 2015 will be $20. That’ll jump to $33 by 2024. The cost of a ticket for a “demand game” - that’s one against NDSU, USD or Hobo Day - will move from $40 to $59.
Ticket-revenue projections assume selling 94-percent of inventory for demand games and 45 percent for non-demand games.
* Executive suites will cost $40,000 per year with 10-year license agreements. Community suites are $30,000 per year. Loge seats began at $2,500 and club seats $750 with 2-percent adjustments per year.
* SDSU brought in $499,810 in ticket revenue from football in 2012. The projected revenue for 2016, which includes premium seating options: $3,853,540. And that’s assuming only five home games and doesn’t factor in the facility fees.
* SDSU projections figure there will be six home games in 7 of 10 years starting in 2016. Six games already are set for 2014 and 2015.
* If the total cost reaches $65M, some $12.9M of that will go to things other than the structure of the stadium. That is: design fees, a contingency allowance, furnishings, kitchen equipment, video systems, broadcast systems, telecommunication systems, security systems, scoreboards, public art, administrative costs and demolition of current structures.
* SDSU sold more tickets than available seats five times from 2010-2012, the largest number in that time being 8190 against Youngstown State in 2012. (Keep in mind that 3,474 of the 11,000 seats do not count as sellable inventory because they go to students, visiting fans, recruits, etc.)
* The current stadium has 2,725 seats for band and students. That’s expected to rise to 3,500 in the new venue. AD Justin Sell said there may be opportunities to make that number even higher on a permanent or per-game basis.
* If the bond total ends up at $39.6M, the total repayment over 25 years would be $69.1M. In that same span, SDSU has a minimum potential - that is, assuming 100 percent capacity, but with no price increases - to generate $56.3M in revenue from premium seating options.
* So far, SDSU has taken a top-down approach to pitching premium options. That is, it started by seeking buyers for suites. In the meantime, people began expressing interest in loge and club spaces - even though SDSU has yet to push those. Wednesday was just the 60th day of the campaign.
* Here’s a link to the full pro forma provided to the Regents.
Terry Vandrovec also posts regular updates on his Twitter page.