It isn't the price of the ticket or total attendance, it's total revenue that matters

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GopherRock said:
And only if the donation exceeds the standard deduction?
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Only if your total deductions (including the donation) exceed the standard deduction. Probably most relevant for homeowners, people that tithe, or do a lot of donations. The Gopher football donation alone won't get you past the standard deduction of $6,200.
 


Gopher07 said:
Only if your total deductions (including the donation) exceed the standard deduction. Probably most relevant for homeowners, people that tithe, or do a lot of donations. The Gopher football donation alone won't get you past the standard deduction of $6,200.
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10,000+ if you're married isn't it?
 

afurry91 said:
10,000+ if you're married isn't it?
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Yep. $6,200 is the individual, married filing jointly is $12,400 ($6,200*2). Most people aren't going to go past that in deductions.
 


Wow, there are like 4 posts about the price increases... It's shocking how many people on here don't get inflation. It reminds me of when they raise the price of smokes & all the people I know, who smoke, say "I'm quitting! I'm not paying these prices!".... But none of them actually quit. Prices go up on everything, its a fact of life. A can of pop was 30¢ when I was younger, but I didn't stop drinking pop because its $1.25 now...
 

Lordshawesome said:
Wow, there are like 4 posts about the price increases... It's shocking how many people on here don't get inflation. It reminds me of when they raise the price of smokes & all the people I know, who smoke, say "I'm quitting! I'm not paying these prices!".... But none of them actually quit. Prices go up on everything, its a fact of life. A can of pop was 30¢ when I was younger, but I didn't stop drinking pop because its $1.25 now...
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Wonder what you're drinking now?

Are you under the impression that the inflation rate is from 33% to 100% per year and will stay at those rates for at least the next 3 years? Because that's what some of the rate increases are.

You're right. It's shocking how stupid some people are.
 

It isn't the price of the ticket or total attendance, it's total revenue that...

Lordshawesome said:
Wow, there are like 4 posts about the price increases... It's shocking how many people on here don't get inflation. It reminds me of when they raise the price of smokes & all the people I know, who smoke, say "I'm quitting! I'm not paying these prices!".... But none of them actually quit. Prices go up on everything, its a fact of life. A can of pop was 30¢ when I was younger, but I didn't stop drinking pop because its $1.25 now...
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Inflation is not 100% in 3 years.

And if you're paying a $1.25 for a can of coke you're doing it wrong. Anything more than 75 cents a can is a total rip off. You can easily find it for 50ish cents in a grocery store. A good deal with a coupon is around 35-40 cents a can.

Seems you are getting inflation confused with price gouging.
 

Inflation/an inevitable price increace varies from product to product. The point is, everything consumers buy get more expensive over time, one way or another, it is inevitable. Especially when the quality of the product gets better. (And sorry, I should have said a "bottle of pop" is $1.25).
 



Lordshawesome said:
Inflation/an inevitable price increace varies from product to product. The point is, everything consumers buy get more expensive over time, one way or another, it is inevitable. Especially when the quality of the product gets better. (And sorry, I should have said a "bottle of pop" is $1.25).
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Which is exactly the point many of us are trying to make. A 300% increase over three years is a (perforative term). Spread out over 6-7 years? Sure, understandable. A 100-120 % increase over 3 years? Yeah, maybe even 150, but it's hard to believe that anyone who thinks that 300% isn't a big deal is either trolling, ignorant, a non-season ticket holder or an idiot.

Some maybe 3 out of 4. :D
 

Gopher024 said:
Keep telling yourself that when the guy sitting in the seat next to you bought his ticket for $10 and you continue to $100 for yours. That's what you are completely missing. They can't sell out the place as is and when they see there attendance dip they will offer those seats to the public at a fraction of the cost that season ticket holders are paying. There is no incentive to being a season ticket holder.
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Yeah there is: YOU (the season ticket holder) gets to hold his good seats. Those who pay/donate more will move to better seats very quickly under this structure.
 

Lordshawesome said:
Inflation/an inevitable price increace varies from product to product. The point is, everything consumers buy get more expensive over time, one way or another, it is inevitable. Especially when the quality of the product gets better. (And sorry, I should have said a "bottle of pop" is $1.25).
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Inflation is what happened when my ticket went up $35 last year. Figured it was coming. Plus $75 this year, $150 the next and $250 the next is not inflation.
 

cncmin said:
Yeah there is: YOU (the season ticket holder) gets to hold his good seats. Those who pay/donate more will move to better seats very quickly under this structure.
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And those who scalp cheap bench seats will have thousand of empty seats to choose from including all those corporate seats between the 40's. However, they won't get the coveted tax write-off.
 



Gopher07 said:
Yep. $6,200 is the individual, married filing jointly is $12,400 ($6,200*2). Most people aren't going to go past that in deductions.
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Given that you can deduct mortgage insurance, state and local taxes, property taxes, charitable contributions amongst other things more people go over the $12,400 than you would think.

Somewhere just north of 30% of the general population itemizes. I'm guessing that the Gopher season ticket base would itemize at a higher percentage of that, given that the higher you move up the income bracket the more likely you are to itemize. I'm assuming that the less money you make, the less likely you are to buy football tickets. Thats complete conjecture on my part, though, and may be incorrect.
 

Iceland12 said:
Which is exactly the point many of us are trying to make. A 300% increase over three years is a (perforative term). Spread out over 6-7 years? Sure, understandable. A 100-120 % increase over 3 years? Yeah, maybe even 150, but it's hard to believe that anyone who thinks that 300% isn't a big deal is either trolling, ignorant, a non-season ticket holder or an idiot.

Some maybe 3 out of 4. :D
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IMO they made a major miscalculation to hand out all of the pain at once. If you want to boil a frog, you put it in a pot of water at room temperature and gradually increase the temp so the frog gets used to it. Otherwise, the frog jumps out of the pot. I fear that the AD will understand this concept very well a couple of years from now.
 

Ron Johnson Super Fan said:
IMO they made a major miscalculation to hand out all of the pain at once. If you want to boil a frog, you put it in a pot of water at room temperature and gradually increase the temp so the frog gets used to it. Otherwise, the frog jumps out of the pot. I fear that the AD will understand this concept very well a couple of years from now.
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He came from Virginia.....you'd think he'd know how to boil a frog.....
 

I remember when I dime bag cost a dime... Lol(willy nelson movie reference, not an actual gripe)
 

The number of people who confuse tax credit with tax deduction is frustrating. There are small kittens and puppies who are being held for the last time. Tomorrow they get put don so we can pick a better fog to run off
 

saintpaulguy said:
The number of people who confuse tax credit with tax deduction is frustrating. There are small kittens and puppies who are being held for the last time. Tomorrow they get put don so we can pick a better fog to run off
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What?
 



theTurning said:
"Total revenue is all that matters" is something a first year business student would say.
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First - if you are going to quote me, please do it accurately and don't change it so you can toss an insult my way.

Second - If you are going to quote me, try and take what I said in context of the post and not just pick one thing to suit your story.

My discussion about total revenue was based on the attendance versus ticket cost argument, and in that regard, total revenue is the optimal point and regardless of the passion of some fans, it has to be taken into account since big time football is about the money. I never used the word "all" even the context of my post, much less in the broader context of the experience of attending a game or taking care of the fans, which you are implying.

And lastly, I have two degrees (Business and Econ) from the U and 25 years experience in owning and running succesful businesses...I am glad to have a measuring contest anytime on knowledge, success and bank accounts if you want.
 

GopherinPhilly said:
First - if you are going to quote me, please do it accurately and don't change it so you can toss an insult my way.

Second - If you are going to quote me, try and take what I said in context of the post and not just pick one thing to suit your story.

My discussion about total revenue was based on the attendance versus ticket cost argument, and in that regard, total revenue is the optimal point and regardless of the passion of some fans, it has to be taken into account since big time football is about the money. I never used the word "all" even the context of my post, much less in the broader context of the experience of attending a game or taking care of the fans, which you are implying.

And lastly, I have two degrees (Business and Econ) from the U and 25 years experience in owning and running succesful businesses...I am glad to have a measuring contest anytime on knowledge, success and bank accounts if you want.
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+1
 

GopherinPhilly said:
And lastly, I have two degrees (Business and Econ) from the U and 25 years experience in owning and running succesful businesses...I am glad to have a measuring contest anytime on knowledge, success and bank accounts if you want.
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Oh, good for you.
Thanks for the laugh!
 

saintpaulguy said:
The number of people who confuse tax credit with tax deduction is frustrating. There are small kittens and puppies who are being held for the last time. Tomorrow they get put don so we can pick a better fog to run off
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I wish I could have bourbon for the excuse on that one. IPAD + tired = whatever that was. I can't begin to even reconstruct that.
 

The first 2 posts on this thread are on the money. The OP said "It's all about the money" and the 2nd post showed exactly what the problem with that is.

As college football fans we have seen increasingly, how much, "It's all about the money" and it has increasingly made our little hobby, which we're pretty emotionally and financially invested in, worse. Let us recount the ways:
1. Constant commercials at the games. We don't have a break in the action without 2 commercials for farm equipment. Even things that should be fun information - the player of the game, for example - is now sponsored by some corporation. We can't even drive the football inside the 20 without being told we're in the "Case IH Red Zone"
2. Longer and longer TV breaks. You remember, about 6-7 years ago, when games were dragging out to 3.5 hours nearly every time and they were trying to figure out how to get it back to 3 hours? They changed the rules to re-start the clock after out-of-bounds plays (except the last 2 minutes of each half). But in the last couple years now, it seems (maybe I'm wrong, but I don't think so) like these commercial breaks are longer and longer. The game times now seem to be 3:15 - 3:20 at least.
3. Jerking us around on game start times. We're told college kids don't want to get up for 11AM games, and yet we still have numerous 11AM games. Just as bad, IMHO, is that they won't tell us the game times until 12 days before the game most of the season. And then, late in the season, they put games on 6-day-holds and won't tell us when gametime is until Sunday before the game. For those of us with kids' activities, or who are going on road trips that require hotel stays, this is a galling inconvenience.

Gophers football is supposed to be the football team for the University. The University is supposed to benefit the entire state. This is the state's football team. It is our football team. It is not the Vikings - who are a private business trying to make money. The Gophers are not supposed to be some private business whose ONLY goal is to make money. That is the damn problem.
 

GopherinPhilly said:
..And lastly, I have two degrees (Business and Econ) from the U and 25 years experience in owning and running succesful businesses...I am glad to have a measuring contest anytime on knowledge, success and bank accounts if you want.
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But not on donating to the U, because apparently THAT would be bragging.:rolleyes:

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Golden Elephant said:
The first 2 posts on this thread are on the money. The OP said "It's all about the money" and the 2nd post showed exactly what the problem with that is.

As college football fans we have seen increasingly, how much, "It's all about the money" and it has increasingly made our little hobby, which we're pretty emotionally and financially invested in, worse. Let us recount the ways:
1. Constant commercials at the games. We don't have a break in the action without 2 commercials for farm equipment. Even things that should be fun information - the player of the game, for example - is now sponsored by some corporation. We can't even drive the football inside the 20 without being told we're in the "Case IH Red Zone"
2. Longer and longer TV breaks. You remember, about 6-7 years ago, when games were dragging out to 3.5 hours nearly every time and they were trying to figure out how to get it back to 3 hours? They changed the rules to re-start the clock after out-of-bounds plays (except the last 2 minutes of each half). But in the last couple years now, it seems (maybe I'm wrong, but I don't think so) like these commercial breaks are longer and longer. The game times now seem to be 3:15 - 3:20 at least.
3. Jerking us around on game start times. We're told college kids don't want to get up for 11AM games, and yet we still have numerous 11AM games. Just as bad, IMHO, is that they won't tell us the game times until 12 days before the game most of the season. And then, late in the season, they put games on 6-day-holds and won't tell us when gametime is until Sunday before the game. For those of us with kids' activities, or who are going on road trips that require hotel stays, this is a galling inconvenience.

Gophers football is supposed to be the football team for the University. The University is supposed to benefit the entire state. This is the state's football team. It is our football team. It is not the Vikings - who are a private business trying to make money. The Gophers are not supposed to be some private business whose ONLY goal is to make money. That is the damn problem.
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Good post Golden Elephant. You've had a few over the past few days where I've caught myself nodding the entire time!
 

GopherinPhilly said:
And lastly, I have two degrees (Business and Econ) from the U and 25 years experience in owning and running succesful businesses...I am glad to have a measuring contest anytime on knowledge, success and bank accounts if you want.
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Really? Who writes crap like this? This stuff is important to you to brag about?

SMDH :rolleyes:
 


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