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Let’s get this stadium done!!

Cryptical Envelopment said:
Oh, I agree with all of this. I want our own crib, too. I just keep reading about TP as if it's some layup. I just don't see it happening there because of the reasons I outlined. Take a look at Tropical Park on goggle maps. We'd literally have to destroy almost the entire park to even pretend we would have enough parking. And I don't see much low hanging fruit for parking nearby.
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That's why I like to see the different options that surface. As I said in post #48 parking issues can be dealt with with shuttle buses, and also the Metrorail could be an option depending on where the stadium is placed. I know TP very well and there is mucho real estate there especially on the east side by where Santas Enchanted Forest was and south of that spot.
Anyway, I love to hear about people who feel as I do but have much more mula than I do, who want a permanent "crib" for our beloved Canes.
 
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SPAMM said:
People bring up BC as an example. Let me bring up a contrary example, Pitt. They had an on campus stadium that was built in 1925 to hold 69,000( to the youngsters, college football was the dominant fall sport until the late 50s and early 60s. It was shrunk to 54,000 in 1949. They moved to downtown in 1999. They shared the stadium with the Steelers until 1970. The Eagles used Penn's Stadium, the Giants played some games at Yale. Pitt abandoned the on campus stadium because it was landlocked, outdated, and had a higher and better use
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The only thing I will say is I like the idea but it needs to have a roof for noise the old OB was loud because it was built of mostly metal stands and aluminum overhangs.
 
No chance for this in Coral Gables. Now if you could bulldoze over Grand & Douglas and gentrify the **** out of it then you might have something there
 
Downtown is the way to go. There's that real estate Mas bought by the River in Overtown, and rebuilding Booker T. Washington should be explored if he's serious about moving a high school. There's a handful of vacant lots and bungalow's next to Booker T that could be had to increase the footprint or as a site for the rebuild. It's not very smart to ram a stadium into Coral Gables--even if you could do it--because the access alone would be a nightmare. You have to think of parking, ingress/egress to a place like that and it would be a cluster-**** of epic proportions. Even with community support the infrastructure just isn't there.
 
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Tru C said:
Respectfully, this is a shortsighted view. There are significant financial ramifications for owning your own stadium. It is a significant source of revenue, even when you factor in the costs to build and maintain. To say its “pointless” is incredibly inaccurate. You should want the program to operate to its highest potential. That is not possible as long as you are renting and leasing.
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Not necessarily true. You make all these assumptions about owning your own stadium without having any financial numbers. I imagine a return on investment to break even is 20 - 30 years.

Why do companies operate their businesses in the cloud rather than buying their own computer servers and buildings to house them? Because it's cheaper to rent and not have to deal with all the operational costs and headaches. Unless you have access to all the information on UM's lease and net ticket sales, plus the cost and maintenance of a new stadium, you can't and shouldn't push the narrative of having your own stadium as being cost effective.

I would argue that leasing from the Dolphins is good because it's a shared expense that has to be significantly less than maintaining your own stadium.

Hard Rock makes sense. College football is played on Saturdays and NFL games on Sundays. Plus you play 1/2 your season on the road so you'd be paying for your own stadium to be unoccupied 50% of the time. There is no way the financials make sense at 50% vacancy except UM would not be paying for the construction costs.

The issue everyone complains about is people not filling the stadium because of the location. It's a falicy. They complain it's too far from campus. Undergrad students make up about $11k-$12k. They're not making a significant dent in any stadium even if all $12k students show up. Between Dade, Broward, and Palm Beach counties there's a little over 6 million people. Hard Rock is centrally located. With that many people, the current location isn't the problem. THE PRODUCT IS.

You have a program that's been mediocre for over 15 years. This is South Florida. People have lots of entertainment choices. Put a winning product on the field that the fans can be excited about and the stadium will be full. Hard Rock is unique with its canopy thst amplifies sound. It could be one of the loudest stadiums when filled per Herbstreit ND game 2017.

Look at UCF in the past few years and now Cincinnati. Winning filled their stadiums. Win and people show up. It's not rocket science.
 
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Number1CanesFan said:
Not necessarily true. You make all these assumptions about owning your own stadium without having any financial numbers. I imagine a return on investment to break even is 20 - 30 years.

Why do companies operate their businesses in the cloud rather than buying their own computer servers and buildings to house them? Because it's cheaper to rent and not have to deal with all the operational costs and headaches. Unless you have access to all the information on UM's lease and net ticket sales, plus the cost and maintenance of a new stadium, you can't and shouldn't push the narrative of having your own stadium as being cost effective.

I would argue that leasing from the Dolphins is good because it's a shared expense that has to be significantly less than maintaining your own stadium.

Hard Rock makes sense. College football is played on Saturdays and NFL games on Sundays. Plus you play 1/2 your season on the road so you'd be paying for your own stadium to be unoccupied 50% of the time. There is no way the financials make sense at 50% vacancy except UM would not be paying for the construction costs.

The issue everyone complains about is people not filling the stadium because of the location. It's a falicy. They complain it's too far from campus. Undergrad students make up about $11k-$12k. They're not making a significant dent in any stadium even if all $12k students show up. Between Dade, Broward, and Palm Beach counties there's a little over 6 million people. Hard Rock is centrally located. With that many people, the current location isn't the problem. THE PRODUCT IS.

You have a program that's been mediocre for over 15 years. This is South Florida. People have lots of entertainment choices. Put a winning product on the field that the fans can be excited about and the stadium will be full. Hard Rock is unique with its canopy thst amplifies sound. It could be one of the loudest stadiums when filled per Herbstreit ND game 2017.

Look at UCF in the past few years and now Cincinnati. Winning filled their stadiums. Win and people show up. It's not rocket science.
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https://miami.cbslocal.com/2015/06/...lion-annually-for-canes-football-at-sun-life/

Even if it takes 20-30 years, which I don’t believe it would take that long to see a return with a winning product, that’s more money for the program that goes into Ross’ pocket. You are right, I don’t know the specific financials. But I am going to take a good guess that it is better to own like the majority of power five football. And lastly, i imagine UM wouldnt be paying 100% of the upfront costs to build it. You would have donations and gifts BUT UM would be collecting the profits/revenue.
 
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Tru C said:
https://miami.cbslocal.com/2015/06/...lion-annually-for-canes-football-at-sun-life/
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So, he doesn't rent the stadium for free and subsidizes his expenses. That's how it supposed to work. What would UM's annual maintenance cost be owning their own stadium?

I don't buy the BS about "our fans don't like it up there" Pure BS!!! Well over half the fans live closer to Hard Rock than Miami or Coral Gables. Hard Rock has easy access for people North and South. That's why they built it in Miami Gardens.

The fans don't like losing or a mediocre product. That's why the stadium is 1/2 full on Saturdays.
 
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Tru C said:
https://miami.cbslocal.com/2015/06/...lion-annually-for-canes-football-at-sun-life/

Even if it takes 20-30 years, which I don’t believe it would take that long to see a return with a winning product, that’s more money for the program that goes into Ross’ pocket. You are right, I don’t know the specific financials. But I am going to take a good guess that it is better to own like the majority of power five football. And lastly, i imagine UM wouldnt be paying 100% of the upfront costs to build it. You would have donations and gifts BUT UM would be collecting the profits/revenue.
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$4 million is small potatoes. That's barely 1 home game of 50,000 ticket sold and you have zero headaches to manage the maintenance of running your own stadium. It's only a big deal because UM isn't filling the stadium. It's not because fans don't like going to Hard Rock. They can't admit they're partly responsible for the 15 years of mediocrity that makes fans decide not to show up. They're trying to use location as an excuse. If UM had 25k-30k undergrad students, then an on/near campus stadium would make sense.

If they want to say, "we just want our own stadium and close to the school", then fine. All this about fans not happy and money is BS!!!!
 
Number1CanesFan said:
So, he doesn't rent the stadium for free and subsidizes his expenses. That's how it supposed to work. What would UM's annual maintenance cost be owning their own stadium?

I don't buy the BS about "our fans don't like it up there" Pure BS!!! Well over half the fans live closer to Hard Rock than Miami or Coral Gables. Hard Rock has easy access for people North and South. That's why they build it in Miami Gardens.

The fans don't like losing or a mediocre product. That's why the stadium is 1/2 full on Saturdays.
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Of course Ross is going to make a profit as he should. I assure you Miami profits as well. To me it would make sense that Miami would profit MORE in spite of maintenance costs. Think of all the revenue streams in a stadium. Advertising, concessions, tickets, parking. If Ross is getting 4 plus million alone, imagine what Miami is getting overall? Yea i am going to go out on a limb and say maintenance costs arent close to what is coming in every year. Not to mention Miami itself can rent or lease to outside entities for concerts etc.
 
Number1CanesFan said:
So, he doesn't rent the stadium for free and subsidizes his expenses. That's how it supposed to work. What would UM's annual maintenance cost be owning their own stadium?

I don't buy the BS about "our fans don't like it up there" Pure BS!!! Well over half the fans live closer to Hard Rock than Miami or Coral Gables. Hard Rock has easy access for people North and South. That's why they build it in Miami Gardens.

The fans don't like losing or a mediocre product. That's why the stadium is 1/2 full on Saturdays.
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For someone who lives by The Falls Mall it's 28 miles away. It's a North vs. South conflict. Every time I ask a pro-stayer where they live, 90% say Broward.

What I say is the South will rise again!
 
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Tru C said:
Of course Ross is going to make a profit as he should. I assure you Miami profits as well. To me it would make sense that Miami would profit MORE in spite of maintenance costs. Think of all the revenue streams in a stadium. Advertising, concessions, tickets, parking. If Ross is getting 4 plus million alone, imagine what Miami is getting overall? Yea i am going to go out on a limb and say maintenance costs arent close to what is coming in every year. Not to mention Miami itself can rent or lease to outside entities for concerts etc.
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I don't look at it as a profit. He's subsidizing his cost as is UM on theirs. Ross has to have people at the stadium working.

You do have a point about all the other revenue streams. That could be big money.
 
Number1CanesFan said:
$4 million is small potatoes. That's barely 1 home game of 50,000 ticket sold and you have zero headaches to manage the maintenance of running your own stadium. It's only a big deal because UM isn't filling the stadium. It's not because fans don't like going to Hard Rock. They can't admit they're partly responsible for the 15 years of mediocrity that makes fans decide not to show up. They're trying to use location as an excuse. If UM had 25k-30k undergrad students, then an on/near campus stadium would make sense.

If they want to say, "we just want our own stadium and close to the school", then fine. All this about fans not happy and money is BS!!!!
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Oh i agree with that. I am only looking at it from a financial and empowerment perspective. As a major program, i think you should always want to have complete control of your facilities instead of leaving yourself at the mercy of someone else. We saw what happened at the OB when the interest of others took precedence over Miami and there was nothing Miami could do because Miami had no say over what they didnt own.
 
gruntking said:
For someone who lives by The Falls Mall it's 28 miles away. It's a North vs. South conflict. Every time I ask a pro-stayer where they live, 90% say Broward.

What I say is the South will rise again!
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I have a prejudice view. I live in Hollywood close to 95 about 15 minutes away. I use to live in Pembroke Pines near the Miramar border a few miles from University which turns into NW 27th Ave. right by the stadium.

I can tell you that if they build a new stadium in Coral Gables, I won't be buying season tickets anymore.
 
Number1CanesFan said:
I have a prejudice view. I live in Hollywood close to 95 about 15 minutes away. I use to live in Pembroke Pines near the Miramar border a few miles from University which turns into NW 27th Ave. right by the stadium.

I can tell you that if they build a new stadium in Coral Gables, I won't be buying season tickets anymore.
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How did I already know that... LOL.
 
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