Are there any plans for demolishing/replacing the RAC? You guys upgraded the football stadium when you couldn't originally fill it so I was just wondering if there were plans to do the same to the RAC even though you guys don't fill that either. (Those remarks sound like jabs towards your attendance but I know you guys have increased FB attendance numbers and will continue to do so now that your in the B1G. The same might happen in bball?) Also, how long until you guys get full revenue from the B1G? This will obviously impact how quickly you guys can turn it around.
Not unless we find a $100mill lying around.
The current plans are to build an NEW indoor state of the art FB and Basketball facility (basically a new Hale Center) with MBB and WBB practice courts, indoor FB field, offices, state of the art rehab and training etc. This will be where the giant white practice bubble and some parking lots currently are. Then the Hale Center will be turned over to most of the other olympic sports (minus baseball, softball and gymnastics which are based on Livingston). The Hale Center will be renovated to have separate entrances for each sport housed there. The RAC will be renovated (already new sound and scoreboards have gone in) to bring it at least to be a passable arena. Softball and baseball and gymnastics will eventually also have facility upgrades.
Fundraising is currently being done for all of this (from private sources) which should cost more than $100mill (star ledger will likely have a field day even if the funding is all from private sources). I'd say all this will happen within the next 5-6yrs.
We get full big ten payout in 2021 iirc (rumored to be $40mill+). This season we'll make about $12mill from big ten TV revenue. Much more from FB and Wrestling attendance though. For FB we should have at least 3 home sellouts (PSU, Michigan, Wisconsin). Based on how we do in FB this season we could have more. BTW I think we'll surprise this season in FB with 7-8 wins including wins over Michigan, PSU, Indiana and Maryland.
Our 2014 FB schedule:
Washington State (A)
Howard (H)
Penn State (H)*
Navy (A)
Tulane (H)
Michigan (H)*
Ohio State (A)*
Nebraska (A)*
Wisconsin (H)*
Indiana (H)*
Michigan St (A)*
Maryland (A)*
Wrestling home schedule contains Minnesota, Iowa, PSU and Ohio St So the RAC should be sold out for those (B1G wrestling is analogous to SEC FB and those teams are annual top 10 wrestling teams/bluebloods). Wrestling is also really big and popular in NJ. We should also have more WBB and MBB attendance than last year starting out just because of the novelty of playing in the Big Ten. Anything more will be based on how competitive we are.