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Important OCS Update


Jim Johnson

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51 minutes ago, Jim Johnson said:

 

Pretty much everyone other than the 500 students that show up to MBB can imagine it.  😀  And once Women's Beach Volleyball starts being played outside the YC it will just be in the way.

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8 hours ago, CousinRicky said:

Pretty much everyone other than the 500 students that show up to MBB can imagine it.  😀  And once Women's Beach Volleyball starts being played outside the YC it will just be in the way.

Pop Tv Burn GIF by Schitt's Creek

Ouch. That's harsh.

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3 hours ago, Sk00b said:

Pop Tv Burn GIF by Schitt's Creek

Ouch. That's harsh.

I think the smiley face was there to take a little edge off the harshness of the slightly hyperbolic jab ....

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Edited by Brad
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1 minute ago, Jim Johnson said:

Nice.  He says exactly what we've been saying since we were students.

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On 6/23/2023 at 5:41 PM, Jim Johnson said:

h/t to a user on another site for sharing

Gotchu fam. Some of the conversations around the financing of the OCS across all sites where it's being discussed is quite comical. 

However, what is probably more comical is the fact that I read the entire OCS section in that BOT presentation. :( 

 

EDIT: Check out this quote from a University of Memphis board for a good laugh. 

Quote

Ill believe USF's new stadium when I see it. USF is in a horrible position. THe projections for revenue for this new stadium is basically assuming they will be in a power conference like the B12, and their attendance and premium seats sell. But even with those overly optimistic numbers, the stadium will still operate millions in the red per year.

Which is why that satadium almost certainly wont get built until they have an invite. Their problem is that they wont likely get the invite without at least the steel structure up and in place.

USF has committed to going into debt $200 million for the project. But that amount is about what the land acquisition cost is for the project. In other words, the school will take on $200million in debt to purchase a $200million piece of property that they can then sell for $200million or more if they end up not building a stadium.

And I'm not sold on them actually doing it. Because the operating deficits are going to be enormous if they dont move to a power conference and overachieve on their projected revenue numbers.

 

Edited by USF_Bullsharks
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Well, the value of a University of Memphis diploma just fell a little bit with that post.

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4 hours ago, USF_Bullsharks said:

EDIT: Check out this quote from a University of Memphis board for a good laugh.

What would a Memphis fan know about revenue, financing, etc, pertaining to an ocs ....

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17 hours ago, Triple B said:

What would a Memphis fan know about revenue, financing, etc, pertaining to an ocs ....

My favorite part is that the idea of an on campus stadium is so foreign that he think we have to acquire the land. It's literally... on campus! 

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