Well, I'm guessing that football ticket sales averages about $200-250k a game, now. Games like Marshall may hit $300-350,000, but some of the mid-week games are a lot lower. Figure 6 home games, and football ticket revenue may be $1.3m or so. Add in Basketball and Volleyball tickets, and I'd think you're over $2m.
Let's say they get to the point where football sells out every game, all on a season ticket basis (meaning that all tickets are still being sold, even for mid-week games). After figuring in the student tickets, they might sell 16,000 a game. Let's say they get prices up to the point where they average $25 a tickets, the football ticket revenue would hit $2.4m on it's own. Then, with other sports, you should hit $3m in total tickets. At that point it might be time to expand Peden, but I'm not sure Ohio could ever get to that point in the MAC.
In the meantime, we do know that Ohio's attendance leads the MAC, and that Ohio has been moving to higher ticket prices, so it's clear that Ohio's overall ticket revenue has to be tops in the MAC.
I do not believe that raising ticket prices is something this University or administration believes is necessary to continue advancing the program....
I doubt they plan to ever take them as high as OSU, but I did notice the price for Marshall last year was more like $35. By contrast I seem to remember some $6 tickets for U.Conn a few years ago. Thus, even if face amounts don't go up a lot, the overall average should rise.
Last Edited: 2/28/2014 9:03:25 PM by L.C.