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mrcaniac

Joined: 11/27/2012 Posts: 637
Likes: 207

What's this?

They will because they are renting the stadium out


Most of the neutral site games are put on by a 3rd party promoter that guarantees each team $X to play the game. As the promoter, they pay the rent, sell the tickets, and get the income generated (after costs) of the auxiliary income.

That said, there are many different ways that arenas/stadiums are rented out, and it depends on each place.

Some places, you rent the building out, and you are responsible for staffing, buying the food/drinks, ticket sales, and even cleaning the building afterwards. Others it can be you rent the building for a smaller fee than the previous, and the arena provides the staffing to handle all of those things and gives you a cut of that income. Then there is another option, you rent the building for an even smaller fee, keep the ticket revenue, and the arena gets all the other income.

GT does the first at their home games, and I would bet that they are doing the second at this game.


(In response to this post by GreencastleHokie)

Posted: 02/28/2019 at 4:49PM


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Current Thread:
 
  Georgia Tech to start playing in Mercedes Benz Stadium. -- HOO86 02/26/2019 3:36PM
  Their stadium is not huge and they can sell a lot more tickets at MB.... -- Mr. Touchdown 02/28/2019 09:12AM
  Yep. They can sell a lot more tickets to opposing fans. -- Atlee Hokie 03/04/2019 08:02AM
  GT is seriously hurting for cash -- CobbCountyHokie 02/26/2019 11:16PM
  Yes. I read somewhere where Arthur Blank wants those Notre Dame games -- HOO86 02/27/2019 11:24AM
  It's just not those 71000 seats -- mrcaniac 02/27/2019 10:02PM
  I believe Mercedes Benz Stadium is larger than Bobby Dodd Stadium -- VTHokie2000 02/26/2019 5:39PM
  It is. They would just need to play games that sell 71000 tickets. -- HOO86 02/26/2019 5:45PM
  Auburn or Tennessee would turn it into a GT away game atmosphere. ** -- GreencastleHokie 02/28/2019 11:10AM
  True. But ND and Clemson will too. -- HOO86 02/28/2019 11:17AM
  Even with a great season it may be tough for VT to fill it -- VTHokie2000 02/26/2019 6:14PM
  There are tons of Hokies in Richmond area also. -- Atlee Hokie 03/04/2019 08:08AM
  I agree the Richmond area has a ton of Hokies -- VTHokie2000 03/04/2019 11:46AM

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