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Full Version: Gators vs Idaho -- Financial Perspective
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Word has it the game will be canceled and the University of Florida will pay Idaho the $975,000 as originally agreed.   While there is a Force Majuere clause in the Contract, it is anticipated UF will not exercise their rights under that provision.   All in all, this could result in a $3 million dollar loss (not sure what expenses the additional $2 million includes)

 

That said .... does this change the mentality of scheduling cupcakes that have to travel over 2,000 miles to play meaningless games?   I understand this is a very remote event, however, why not get a team like FIU or FAU up here for a game rather then the Idaho Vandals ??   Seems a little more logical and fan friendly from an in-state perspective.

Quote:Word has it the game will be canceled and the University of Florida will pay Idaho the $975,000 as originally agreed.   While there is a Force Majuere clause in the Contract, it is anticipated UF will not exercise their rights under that provision.   All in all, this could result in a $3 million dollar loss (not sure what expenses the additional $2 million includes)

 

That said .... does this change the mentality of scheduling cupcakes that have to travel over 2,000 miles to play meaningless games?   I understand this is a very remote event, however, why not get a team like FIU or FAU up here for a game rather then the Idaho Vandals ??   Seems a little more logical and fan friendly from an in-state perspective.
 

You're paying the same amount of money regardless who comes.  It's why a team like Idaho travels, it takes care of their athletic budget for basically the year.

 

From what they were saying Saturday, they could still declare this a Florida victory.  Any word on how they are going to sort that out?
Quote:You're paying the same amount of money regardless who comes. It's why a team like Idaho travels, it takes care of their athletic budget for basically the year.


From what they were saying Saturday, they could still declare this a Florida victory. Any word on how they are going to sort that out?



I have no problem with big schools sharing the wealth with the smaller schools. Idaho couldn't even afford to bring their band with them...a almost million dollar payout to them will be huge!
The contractor for my condo projects is a Gators fan. He said they already agreed to make up on October 25.

 

Hurricane, if you want to talk about the visitor not paying for airfare, why do you recommend schools in Miami, which is 7 hours away? UCF and USF would make more sense because they are only two hours south of Gainesville.

 

Bunnie, I don't know any team that brings the band to every away game. Even small Ohio schools that visit Ohio State do not bring their bands to Columbus. So why would Idaho want to bring it?

 

Anybody who thinks it should be called a Flo/rida victory has no idea what he is talking about. If you don't score, you don't win. It would not be fair to anybody to give the Gators a win for a 17-yard run that ended with a tackle. I would only call a winner if they played at least three quarters before the storm hit.

I did a web search to see if there is any news about a decision yet. There is some interesting information on several websites, but no announcement. The Gators are unlikely to want a makeup date as that would mean going 11 weeks without a bye and not having a bye before the Georgia game. Because Florida's athletic department makes a profit, they will not be hit too hard financially. However, it could cost Will Muschamp his job because he is on the hot seat this season and Florida certainly would have won Saturday night.

Quote:You're paying the same amount of money regardless who comes.  It's why a team like Idaho travels, it takes care of their athletic budget for basically the year.

 

From what they were saying Saturday, they could still declare this a Florida victory.  Any word on how they are going to sort that out?
 

I thought the point of the OP was that if Florida never gets this game in they'll lose all the money on concessions, reimbursed tickets, etc... hence the 3 million dollar loss.  And if you played a local team, it would be easier to play the game at a later date and then make money on it. 

 

But as the OP said, this seems like a fluke occurrence.  I dont think this would change anything.
Quote:I thought the point of the OP was that if Florida never gets this game in they'll lose all the money on concessions, reimbursed tickets, etc... hence the 3 million dollar loss.  And if you played a local team, it would be easier to play the game at a later date and then make money on it. 

 

But as the OP said, this seems like a fluke occurrence.  I dont think this would change anything.
 

I don't get the whole local team thing.  Idaho just has to fly a few hours more than someone else...thats really not a big deal.

 

The make up date is tough whether its Idaho or UCF/USF.  Florida still wouldn't have a bye for 11 weeks straight.
rfc17 --  Yes, that was the intent of the original post.  Thanks for clarifying.

 

JaguarsWoman -- FIU is 5 hours away and FAU is 4 hours away from UF.

 

Josh - the expense of bringing an entire football team on charter flights to Gainesville is immensely greater than a school like FAU getting on a few charter buses to make the 4 hour road trip.  

 

UF will lose about $3m on that game based on the following:

***$1m payout to Idaho (which they would have paid anyway).

*** Lost income from the ticket revenue.

*** Expenses paid (security, etc.) for the game that will not take place

*** Lost concessions from having a full house for a 4 hour game.  Yes, they did get some concessions from those that did not leave the facilities but not nearly what they budgeted.

 

Hence, scheduling a team like FAU, FIU, USF, insert any Florida or Georgia team here, would have made scheduling a make-up game much easier and financially feasible.    This was such a remote occurrence that perhaps this is more for discussions purposes only than something they'd consider for the future. 

Quote:rfc17 --  Yes, that was the intent of the original post.  Thanks for clarifying.

 

JaguarsWoman -- FIU is 5 hours away and FAU is 4 hours away from UF.

 

Josh - the expense of bringing an entire football team on charter flights to Gainesville is immensely greater than a school like FAU getting on a few charter buses to make the 4 hour road trip.  

 

UF will lose about $3m on that game based on the following:

***$1m payout to Idaho (which they would have paid anyway).

*** Lost income from the ticket revenue.

*** Expenses paid (security, etc.) for the game that will not take place

*** Lost concessions from having a full house for a 4 hour game.  Yes, they did get some concessions from those that did not leave the facilities but not nearly what they budgeted.

 

Hence, scheduling a team like FAU, FIU, USF, insert any Florida or Georgia team here, would have made scheduling a make-up game much easier and financially feasible.    This was such a remote occurrence that perhaps this is more for discussions purposes only than something they'd consider for the future. 
 

Lol, chartering a plane or a bus (if I was a coach I would not let a team bus my team four hours, we would be flying too) is pennies in the grand scheme of things for a school like UF.

 

Again, scheduling a more local team as opposed to Idaho has nothing to do with money at this point.  It has to do with the Gators not having a bye week for 11 weeks.  Cash/distance traveling is not an issue here.
Quote:I don't get the whole local team thing.  Idaho just has to fly a few hours more than someone else...thats really not a big deal.

 

The make up date is tough whether its Idaho or UCF/USF.  Florida still wouldn't have a bye for 11 weeks straight.
 

The "local team thing" is because USF and UCF are only two hours away, they don't lose money on 100+ plane tickets. Even if the team is FIU or FAU, a charter flight wouldn't be nearly as expensive because a lot less fuel is needed when you aren't leaving the state.

Quote:Lol, chartering a plane or a bus (if I was a coach I would not let a team bus my team four hours, we would be flying too) is pennies in the grand scheme of things for a school like UF.

 

Again, scheduling a more local team as opposed to Idaho has nothing to do with money at this point.  It has to do with the Gators not having a bye week for 11 weeks.  Cash/distance traveling is not an issue here.
 

It may not be an issue for the home team, but it is a BIG issue for the visiting team. Don't you think what Idaho paid to fly is important too?

 

Also, the bye week is only an issue because Idaho coincidentally shares it. If Idaho's bye week was not October 25, a make-up date would have to be in December.

Quote:rfc17 --  Yes, that was the intent of the original post.  Thanks for clarifying.

 

JaguarsWoman -- FIU is 5 hours away and FAU is 4 hours away from UF.

 

Josh - the expense of bringing an entire football team on charter flights to Gainesville is immensely greater than a school like FAU getting on a few charter buses to make the 4 hour road trip.  

 

UF will lose about $3m on that game based on the following:

***$1m payout to Idaho (which they would have paid anyway).

*** Lost income from the ticket revenue.

*** Expenses paid (security, etc.) for the game that will not take place

*** Lost concessions from having a full house for a 4 hour game.  Yes, they did get some concessions from those that did not leave the facilities but not nearly what they budgeted.

 

Hence, scheduling a team like FAU, FIU, USF, insert any Florida or Georgia team here, would have made scheduling a make-up game much easier and financially feasible.    This was such a remote occurrence that perhaps this is more for discussions purposes only than something they'd consider for the future. 
 

Did you factor their event insurance into your calculations?

 

They will recoup some amount from insurance for the cancellation.
Quote:It may not be an issue for the home team, but it is a BIG issue for the visiting team. Don't you think what Idaho paid to fly is important too?

 

Also, the bye week is only an issue because Idaho coincidentally shares it. If Idaho's bye week was not October 25, a make-up date would have to be in December.
 

They could have made it up in December now if they wanted to. The Gators could have even put the stipulation that if they didnt make it to the SEC championship game, they would play that week....if they did make it, its a forfeit.

 

I don't blame them one bit for cancelling it, it only made sense.

 

By the way, no I dont think what idaho had to play for travel makes one bit of an issue.  The million or so dollars they are getting is basically covering the schools athletics budget for a whole year with or without those flight expenses.  If FIU/USF were in this situation with Florida and the exact same situation happened with them, they still wouldnt have made the game up.
Quote:rfc17 --  Yes, that was the intent of the original post.  Thanks for clarifying.

 

JaguarsWoman -- FIU is 5 hours away and FAU is 4 hours away from UF.

 

Josh - the expense of bringing an entire football team on charter flights to Gainesville is immensely greater than a school like FAU getting on a few charter buses to make the 4 hour road trip.  

 

UF will lose about $3m on that game based on the following:

***$1m payout to Idaho (which they would have paid anyway).

*** Lost income from the ticket revenue.

*** Expenses paid (security, etc.) for the game that will not take place

*** Lost concessions from having a full house for a 4 hour game.  Yes, they did get some concessions from those that did not leave the facilities but not nearly what they budgeted.

 

Hence, scheduling a team like FAU, FIU, USF, insert any Florida or Georgia team here, would have made scheduling a make-up game much easier and financially feasible.    This was such a remote occurrence that perhaps this is more for discussions purposes only than something they'd consider for the future.


So what, a team like Georgia Southern... oh wait?
Have they decided yet whether to make up or not?

Quote:Have they decided yet whether to make up or not?
Yes, they are not going to. They have mutually decided to play a game in 2017.
It was Idaho.  Odds are the university was going to lose money on this game anyway considering there's no way they came even remotely close to selling it out.  They dragged out canceling the game for long enough that they should have gotten some of the money they would have lost on concessions back, although again, if you're playing to a half full swamp, you're losing money regardless. 

 

Florida is one of the more financially lucrative collegiate football programs.  They'll barely feel this over the long term. 

Quote:Yes, they are not going to. They have mutually decided to play a game in 2017.
 

Smart decision. I am a huge fan of bye weeks and don't think it is worth the money to have Idaho come back here.

 

However, it is disappointing that they waited so long to kick off, then another 40 minutes before deciding to stop the game at 10 seconds, only to later change their minds about playing it.
Maybe they have to seek out Idaho to find a team they can beat?

 

#GeorgiaSouthern?

Quote:Maybe they have to seek out Idaho to find a team they can beat?

 

#GeorgiaSouthern?
yea