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bigbluemist said...
I don't think anyone has the right to tell anyone what to do with their money. I think Best Buy sucks, so I never darken their doors anymore. If someone thinks UK football is not worth the price of admission, then so be it. Its up to UK to show them something different.
I still to this day find it amazing people blame the fans for the ills of UK football. How many years have 68000 shown up to see a not so good team? Since 2006 UK is 16-32 in SEC play. Explain to me how that is the fault of the fans?
Maybe those of us who are over 40 are getting tired of, "This is the year." "Be patient with us" "We need to recruit better" "Sure look better in fall camp" "Man, they look good getting off the bus"
How many years have the lost to UF? A 26 year streak to UT FINALLY ended. How is that the fault of the fans?
I think our fans are too easy to let UK football off the hook due to the fact they have been bad for so long. Maybe instead of kissing their ass fans should hold them accountable?!?!?!
AND YES, I did keep my tickets and even upgraded which cost more $$$.
This post was edited by JDHLaw11 on 8/10/2012 at 2:10 PM
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JDHLaw11 said...
To be clear, it's not bonding capacity.
What that article cites is debt service capacity. Meaning UK Athletics could service $50-$75MM in debt with no support from the state or University. Basically, that's the size of the loan UK Athletics could pay for, using conservative estimates.
This dovetails with what Barnhart said about the revenue stream for service being there. The problem is (and will continue to be) where the money comes from.
Obviously the state legislature won't approve it. Hopefully someone smarter than I is out there working on a solution to figure a source of capital so that UK can take advantage of the debt service capacity available.
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Kooky Kats 247
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hoptownukfan
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JDHLaw11 said...
Please take a look at the following link:
http://www.uky.edu/President/HuronReports/UK_DebtCapacity7-27-12_.pdf
Check out pages 30-34. Apparently, a study has been conducted and UK Athletics, without any support from the state or University, has the ability to service $50-$75MM in debt. This number is conservative, and could increase should support levels stay the same as 2009-2011.
Of course, we all know that support levels have not remained the same for football. Meaning the ability to service debt is decreasing with every season ticket non-renewal.
This further demonstrates that those fans attempting to "send a message" are actively harming the ability to look for flexible financing to build athletics facilities (including football facilities) by relying on UK Athletics' ability to service its own debt.
So congratulations to those who did not renew (for that specific reason, no offense to those who had economic or family situations change) because you are certainly driving change. It's unfortunate that the change is for the worse, instead of the better.
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Catmando said...
well then maybe Barnhart should have done something before ticket sales started dropping off to demonstrate a greater comnmitment to football. Yeah, ribbon boards, blah blah blah. You can't stagnate in a position of non-action, and then, point fingers and say that people's pro-active response is hurting your ability to act. If they can service this much debt, then they should have known it before the study. Yeah, maybe not down to the penny, but enough that Mitch could have "earmarked" some of it for football a couple of years ago.
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Kooky Kats 247
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JDHLaw11 said...
I'm speaking of the ability to act going forward.
Saying things should have been done in the past, until a time machine is invented, is completely irrelevant. That doesn't mean I don't believe more should have been done, reserved, or earmarked. It should have. But it wasn't. And absolutely no-one can change that now.
My post is about how what is happening right now will effect things going forward.
Saying "yeah, well, they should have thought of that" may be true, but doesn't make the deleterious effect of "sending a message" any less significant.
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Kooky Kats 247 said...
I don't think it's the economy. I don't think it's a statement to Mitch. I don't think it's fan agenda. I don't think it's a political move against the UKAA. People generally like Joker and staff.
I do think that the drop off of ticket sales is all due to the fact that our offense has been unwatchable the last 2 years and the overall bad football. The fans' all-day committment of driving/setting up/tailgating/watching rootcanal football/traffic/2 hour car ride is only appealing when you win or play inspired ball.
Why should you buy season tix at face value when you can find set of free tix on windshield in the parking lot.
Winning fixes everything.
However, I'd be pretty surprised if we didn't have a losing season, but if I would be shocked if Mitch will be.
Maybe MB is saving it up for a rainy day.
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Kooky Kats 247 said...
I don't think it's the economy. I don't think it's a statement to Mitch. I don't think it's fan agenda. I don't think it's a political move against the UKAA. People generally like Joker and staff.
I do think that the drop off of ticket sales is all due to the fact that our offense has been unwatchable the last 2 years and the overall bad football. The fans' all-day committment of driving/setting up/tailgating/watching rootcanal football/traffic/2 hour car ride is only appealing when you win or play inspired ball.
Why should you buy season tix at face value when you can find set of free tix on windshield in the parking lot.
Winning fixes everything.
However, I'd be pretty surprised if we didn't have a losing season, but if I would be shocked if Mitch will be.
Maybe MB is saving it up for a rainy day.
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Matt May said...
The offense was bad one year - 2011. The 2010 offense was one of the better ones in the country. It produced nearly 430 yards per game. It was the 27th ranked offense in the country, 23rd in passing offense and 34th in scoring offense. I don't know what else you're looking for or if you'll ever be happy if that's 'unwatchable' or not good enough.
2011 was bad. There is no way around that. But saying 2010 was 'bad football' is some revisionist history. Yes, the loss to Pittsburgh was a terrible way for the season to end. And they probably should have beaten Tennessee and maybe would have had they not fumbled a handoff on the 1-yard line. But that team also beat a South Carolina team that played in the SEC Championship Game and forced the eventual national champion to kick a field goal as the clock expired to beat it.
hoptownukfan
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mrhotdice said...
Facts are these. Beat Louisville and people will fill the stands. Lose and they won't.
Play a style of football fun to watch and the fans will come. Play a style that is dull and they will stay away.
Fact is the UK football program is way underfunded.
Fact is nothing is being done at this time to remedy the situation.
Talking and finger pointing by a bunch of politicians will not get it done.
Kooky Kats 247
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Matt May said...
The offense was bad one year - 2011. The 2010 offense was one of the better ones in the country. It produced nearly 430 yards per game. It was the 27th ranked offense in the country, 23rd in passing offense and 34th in scoring offense. I don't know what else you're looking for or if you'll ever be happy if that's 'unwatchable' or not good enough.
2011 was bad. There is no way around that. But saying 2010 was 'bad football' is some revisionist history. Yes, the loss to Pittsburgh was a terrible way for the season to end. And they probably should have beaten Tennessee and maybe would have had they not fumbled a handoff on the 1-yard line. But that team also beat a South Carolina team that played in the SEC Championship Game and forced the eventual national champion to kick a field goal as the clock expired to beat it.
Kooky Kats 247
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UK Athletics Debt Service Capacity