JonDMiller
Publisher/Founder
Did some math along with Patrick Vint (@HS_BHGP) of BlackHeartGoldPants.com
Iowa generates a minimum of $11,707,800 million on seat license fees per year for the seats in Kinnick that require donations, NOT counting luxury suites. If you pay more, and some do, you get priority seating in these sections.
The math was arrived at:
79 rows per section times 28 seats per row in blue, orange and grey sections = 2,212 seats per section
79 rows of 32 seats per row in yellow section = 2,528 seats in those sections.
3 $50 min sections ORANGE 331,800
4 $200 BLUE 1,769,600
4 $400 GRAY 3,539,200
4 $600 YELLOW 6,067,200
It's not a matter of a few thousand people canceling their season ticket purchases, it's a matter of who those people are. If a bunch of North EZ or SE EZ fans stop buying tickets, the financial loss isn't as significant. But if a number of people in the blue, yellow and gray sections stop buying them, AND if nobody else swoops in to move up into those areas, then it hurts.
My guess is that if people stopped buying some tix in the prime areas, there are people waiting to get in there and buy them who have wanted better seats for a while. My guess is it would take a few more years of 2012 type production for the pain level to become significant on the ticket/PSL front.
I don't forsee some mass drop in ticket sales for next year. I think too many people have too much fun going to Iowa football games at the present time for there to be a painful drop.
Now...given that reseating happens in 2014? We'll see
Iowa generates a minimum of $11,707,800 million on seat license fees per year for the seats in Kinnick that require donations, NOT counting luxury suites. If you pay more, and some do, you get priority seating in these sections.
The math was arrived at:
79 rows per section times 28 seats per row in blue, orange and grey sections = 2,212 seats per section
79 rows of 32 seats per row in yellow section = 2,528 seats in those sections.
3 $50 min sections ORANGE 331,800
4 $200 BLUE 1,769,600
4 $400 GRAY 3,539,200
4 $600 YELLOW 6,067,200
It's not a matter of a few thousand people canceling their season ticket purchases, it's a matter of who those people are. If a bunch of North EZ or SE EZ fans stop buying tickets, the financial loss isn't as significant. But if a number of people in the blue, yellow and gray sections stop buying them, AND if nobody else swoops in to move up into those areas, then it hurts.
My guess is that if people stopped buying some tix in the prime areas, there are people waiting to get in there and buy them who have wanted better seats for a while. My guess is it would take a few more years of 2012 type production for the pain level to become significant on the ticket/PSL front.
I don't forsee some mass drop in ticket sales for next year. I think too many people have too much fun going to Iowa football games at the present time for there to be a painful drop.
Now...given that reseating happens in 2014? We'll see
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