I noted some comment today over MASSIVE debt that FSU has. Suggesting $400 million?
Well....the comment went on to suggest it was all due to paying past 'fired' football coaches/staff.
I paused over this...pondering.
I asked Grok (AI) to help. About two minutes pass and Grok noted the debt was really $437 million.....but it came mostly from the stadium renovations package, and the addition of a new football 'operations center)....with only a very small amount due to fired coaches.
Accurate debt details: FSU's ~$437M athletics-related debt stems mainly from revenue bonds for Doak Campbell Stadium renovations and a new football operations center, not direct obligations to coaches.
Still a problem? I paused over this idea.
Stadium holds around 67,000 fans.....per-game income from tickets? Around $3.4-to-$3.9 million. Toss in beer/food profits from concessions....probably another $3-million. So they could generate $6-million plus from each game.
It'd still take around 8 to 10 years to pay off the current debt....I admit that.
My suggestion.....all of the NCAA football clubs ought to go to a 18-game season....starting in August....doubling profit.