Chapter 699
: The Bulldogs Can’t Play in the Division I League
"I'm afraid it won't be easy, right? The Yale Bowl Stadium is in disrepair after all, and the functional area was mainly built to serve the sport of rugby. I'm afraid it has to be compatible with the sports needs of the citizens."
"How about a slight renovation? For example, adding some fitness equipment, a gym, etc. This funding shouldn't be too difficult for the school, right? When the time comes, if it really doesn't work, the gym can also use the paid membership model to recoup this part of the renovation.
It’s a cost! However, the number of membership cards issued must be controlled, so as not to overwhelm the gym with too many people!”
Too many hairpins is just a joke
Stevens did not pay attention to this, but instead thought about Carter's suggestion.
From an operational perspective, it is indeed a bit difficult to renovate the Yale Bowl on a large scale. This stadium, like the old campus, is an extremely old antique belonging to Yale University.
The Yale Bowl Stadium, which was built in 1913 and completed in 1914, is even older than the old campus which was only renovated in 1916!
If you want to completely renovate such a large building, in a year of financial constraints, it goes without saying that this road is not feasible. But if you want to open one or two gyms in the Yale Bowl.
After all, it is an Ivy League school. Even when you are nervous, a skinny camel is bigger than a horse! Yale still has the money to invest in one or two gyms!
"I'm afraid the gym alone is not enough, right? There are badminton, small basketball halls, and table tennis halls that have been relatively popular in the past few years. If they can be built together to build a comprehensive sports center, this should be
Better!”
"If we take over the land behind Yale Bowl, we can build a baseball stadium, but the investment will be huge!"
"Who says it's not the case! Principal Stevens, is our school so anxious to make money now?!"
"How can we not be in a hurry when it comes to making money? Especially in the past few years, you must have heard a lot of rumors. Besides, if it weren't for financial constraints, would we be able to send out letters as soon as students graduate?!"
Stevens' frankness amused Carter.
As mentioned before, at least more than 20% of the financial revenue of these Ivy League universities comes from alumni donations. No, it should be said that for most American universities, alumni donations are a very important source of income.
Universities like Harvard, which are big landowners; or universities like Princeton, which are backed by powerful (rich) school boards, may be slightly less dependent on alumni donations. But Yale
Isn’t that what the saying goes, Yale is dominated by professors!
The result of the decentralization of public power is that the Yale Board of Trustees has no sense of existence, and their assistance is also non-existent. And Yale does not have the real estate left by its ancestors like Harvard.
Therefore, among the Ivy League, Yale University has the highest reliance on alumni donations. This year’s financial constraints have also led to
Often, as soon as Yale graduates step out of school, a letter of condolences from their alma mater arrives at the gate of FedEx or the U.S. National Postal System, waiting to be loaded onto the car and set off.
To put it nicely, it’s called condolences; to put it worse, it’s just asking for money!
No matter how you say it, it is a century-old prestigious school. If you weren’t so poor and crazy, why would you be so shameless?!
But now, I saw that the giant panda pavilion, which is about ten kilometers away from Yale Bowl, has the idea of expansion and development. I immediately came to see myself to inquire about the development possibilities around Yale Bowl. Isn’t this a sign of being poor and crazy?
?!
"I understand. Since we can't get the dividends from the giant panda house, forget it. Let's think of another way. It's difficult! It's been seventy years since Yale got this piece of land. Finally."
"Why don't you try renting out the Yale Bowl? The size of the arena is pretty good, but it's a little overqualified for use as an NCAA tournament arena."
"I tried it. The New York Giants rented the Yale Bowl as their home stadium before, but they gave up later."
"It's because of influence."
Even if he doesn't pay attention to the NFL's New York Giants, he has lived around New York for such a long time in the United States. It's impossible for Carter to have never heard of them.
Such an NFL-level team is equivalent to an NBA-level team in basketball. They are indeed a big customer, and renting a venue in New Haven is cheaper than New York.
"Yeah, the New York team plays its home game in New Haven. It doesn't make sense! Moreover, the situation in New Haven was not good in the past few years. People here are running to New York. After renting for a season, they found that
Putting the home court at the Yale Bowl would reduce advertising revenue, which was far more than the money saved from rent. The gain was not worth the loss, so we moved back."
"Moreover, we also have an embarrassing place now. Last year, the Ivy League joined the NCAA Division I-AA, which is the secondary league of the National College Football League. This means that our entire team joined the secondary league with the Ivy League.
The league is also being downgraded simultaneously, or in other words, in the Ivy League, the NCAA Division I league, there will rarely be a Division I league in the future, and most games will become secondary competitions. This problem directly leads to our Bullfighting
The Dogs team will not be able to play in the four major cup competitions anyway."
"In other words, there is hope, but it is very difficult! This is a very heavy blow to our boys, and of course, to our school. After all, a first-level division like the Ivy League,
But there are nearly 30 leagues that cannot compete in the first division. Even if we win the Ivy League championship, the influence and attention will not be as much as if we were in a cup game in the past. Even if we cannot beat the University of Texas or
The University of Michigan doesn’t hurt either.”
"so."
Carter suddenly realized that something was wrong.
The Yale Bowl Stadium fell into disrepair, and the Bulldogs were relegated to the minor leagues along with the Ivy League. They missed the cup competition, which led to a decrease in attention. The decrease in attention means a decrease in the promotion of the school and a decrease in sponsorship.
And with less sponsorship, to support such a team, some potential players or students with sports talents have to be given scholarships.
"You're not planning to disband the Bulldogs, are you?!"
Carter was shocked!
From a business perspective, the Yale Bowl, no, I should say the core, the Bulldogs have become a bit of a non-performing asset. At the same time, if the influence of the Bulldogs, the home team of the stadium, declines, the revenue will decline.
Then the Yale Bowl is said to have history and sedimentation at best, but it is said to be an old and bubbling arena at worst. What is the meaning of its existence?!
You know, the Yale football team is not as rotten as the Yale rowing team. Even in the future, the Yale Bulldogs' historical winning rate will remain above 69%, ranking among the top 10 in the NCAA Football League.
Even a top 5 team.
In today's situation, such a powerful team can only barely drive the Yale Bowl Stadium. Although there is no money for large-scale renovations, minor repairs and the like are not a big problem.
Carter is no stranger to this gym because ROTC's physical and team training venues are sometimes arranged at the Yale Bowl.
You can call it old, but it's not shabby.
But if the Bulldogs can't play in the Division I league starting this year.
The revenue brought by the team, after excluding the scholarships that need to be paid to the players, as well as various expenses such as coaches and assistants, etc.
The Yale Bowl Stadium can no longer be afforded!
Chapter completed!