PSU is one of the preseason favorites for the National Championship; they alone are compelling enough.
Beaver Stadium Renovations Update
- Thread starter Obliviax
- Start date
IMHO, the number of seats has become less and less important. One problem with that many seats is that you can always get one on the secondary market which drives down the original sale price. The theory of elasticity comes into play when deciding the prices. You aren't seeing the NFL building 100k-seat stadiums although they certainly could. Sofi is 70k, Benz is 72k, AT&T 80k, and NO is 83k. Browns are projecting 67k.
The real revenue is, of course, TV. Second to that are loges, food, booze, and parking. Around that is the weekend experience like hotels, restaurants, spas, meetngreets, etc. The guardians took the baseball field which once sold out for two seasons straight, and cut it down to 35,000. But they introduced these patios with automatic beer distributors where people can meet. It is quite a meat market. But if you want to take a gang of people, or have friends in another section, you can go there pay the bucks and enjoy the game. Great fan experience.
I think PSU has this love affair with over 100k but it is out of step with what is going on in sports in general.
I need not explain the significance of the number 409 do I?IMHO, the number of seats has become less and less important. One problem with that many seats is that you can always get one on the secondary market which drives down the original sale price. The theory of elasticity comes into play when deciding the prices. You aren't seeing the NFL building 100k-seat stadiums although they certainly could. Sofi is 70k, Benz is 72k, AT&T 80k, and NO is 83k. Browns are projecting 67k.
The real revenue is, of course, TV. Second to that are loges, food, booze, and parking. Around that is the weekend experience like hotels, restaurants, spas, meetngreets, etc. The guardians took the baseball field which once sold out for two seasons straight, and cut it down to 35,000. But they introduced these patios with automatic beer distributors where people can meet. It is quite a meat market. But if you want to take a gang of people, or have friends in another section, you can go there pay the bucks and enjoy the game. Great fan experience.
I think PSU has this love affair with over 100k but it is out of step with what is going on in sports in general.
A&M basically demoed and rebuilt 3 sides of their stadium for $500M. But that was pre-COVID price increases.
The F1 stands at Circuit of the Americas are the same type of seating, except the whole grandstand is that way instead of having a lower bowl in front that's constructed differently. It's just a giant lattice erector set with seats on top that they put up and tear down a few times each year for events at the track. They are pretty stable despite looking a little sketchy.
The NFL has always been a different animal. Owners got to keep a higher percentage of luxury seating than regular seating in the NFL, so the owners built stadiums with lots of suites and luxury boxes that take up more space than basic seats, because they come out ahead financially and it keeps capacity lower. At least that's how it used to be years ago, I'm not sure if anything has changed.IMHO, the number of seats has become less and less important. One problem with that many seats is that you can always get one on the secondary market which drives down the original sale price. The theory of elasticity comes into play when deciding the prices. You aren't seeing the NFL building 100k-seat stadiums although they certainly could. Sofi is 70k, Benz is 72k, AT&T 80k, and NO is 83k. Browns are projecting 67k.
The real revenue is, of course, TV. Second to that are loges, food, booze, and parking. Around that is the weekend experience like hotels, restaurants, spas, meetngreets, etc. The guardians took the baseball field which once sold out for two seasons straight, and cut it down to 35,000. But they introduced these patios with automatic beer distributors where people can meet. It is quite a meat market. But if you want to take a gang of people, or have friends in another section, you can go there pay the bucks and enjoy the game. Great fan experience.
I think PSU has this love affair with over 100k but it is out of step with what is going on in sports in general.
What Atlanta has done with their concessions is pretty awesome though, I hope more stadiums follow suit. I never buy concessions at sporting events because of the ridiculous prices, but I would if they were priced like in Atlanta. I believe they even have a contract that says any event held there has to honor their concession pricing, so even big events like the Peach Bowl or a college playoff game still have "cheap" concession prices.
