I laugh at the people saying we don't have the money for it. We HAVE the money for it, it just hasn't been prioritized. Have people missed the news that we're one of the few athletic departments turning a profit?
However, we're pouring that money back into debt. Whether that's a good idea or bad is beyond me -- I get the impression it's extra payment on top of what was budgeted, but I don't know for sure. But if the athletic department wanted to put out money for a new video board, the money IS there to be had and be done.
More than that, though, we WOULD make money on a video board with advertising. That said, I agree with the comment that it'd be more work for the athletic department and perhaps they don't want to take that one. But if we had an AD who wanted a video board ... we'd have one. WITHOUT causing any financial problems.
If the former Head Baseball Coach can pay for the lights at English field, the least the AD could do is start a fund, say contribute a 100 large from his 1/2 mil a year salary for it. And just think, everyone could look up at the scoreboard and say thanks Jim your awesome.
Damn right poor it into the DEBT, the more liquid we become, the more they can do, IMO.
IMG would be the key if i'm not mistaken. i believe the current video board was paid for by ISP and that they contractually manage/sell the advertising for it as well as part of their media rights deal with Tech. If IMG thought it would be a lucrative endeavor to replace the current board with a new one, it would be on them to tell JW that's what they want to do, and they would fund it. again, i'm not 100% sure that's how it works, but that is how it was explained to me previously.
I'm petty sure that as part of the $4-5M/year IMG pays Tech, they get to keep 100% of the advertising revenue from Lane Stadium on gameday since they are responsible for selling it. can anyone verify/discredit this?
"This no more resembles that than something unlike something else resembles that." - Loosely quoting PHNC
"We can't solve problems by using the same kind of thinking we used when we created them."
I believe IMG paid for the video board and keeps the Ad revenue. I may be wrong, but think that is the case. Don't know the length of the contract.