Ewert86PC
Metrodome Era Survivor
- Joined
- Sep 11, 2010
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No, it *is* the point. These peripheral income streams for the U are what gets cut off. This is part of the economic impact the Athletic Department has on the U as a whole.Yes, the Gophers Athletic Department would have a reduced percentage of concession revenue. Parking actually goes to the University as a whole, not the Athletic Department, but that's besides the point.
On the other hand they wouldn't have spend the necessary tens or hundred(s) of millions of bucks to play in a new or drastically remodeled on campus facility.
If the trade off makes financial sense it's a good idea, and vice versa. Depends on tenant agreement.
Tenant agreements are never structured for the benefit of the tenant. No landlord in their right mind would do that because it is not a long term strategy for their success.