Day 2 in Econ 101 -if demand is high and supply is limited and no one is buying , prices are unreasonable
Second attempt
- Thread starter CMcCat
- Start date
New NFL owners have to be approved by existing owners. And there happens to be a Patrick G. Ryan, Jr. who is less than 87 years old and could be in position to showcase a cutting-edge new Evanston Stadium as his evidence he can lead development of bigger, better one in Arlington Heights.
Thank you for these insights.
Evanston already approved 60 annual events of under 10,000 people. They will go after the Salt Shed immediately and maybe some other similar venues who are exposed to Chicago labor union requirements. NU initially asked for 15 larger concerts, right? No doubt they will be well beyond that number in a few years if they can prove they can do it without totally antagonizing the neighbors. It generates $ for the city. Same story happened at Wrigley with initial hesitations before increase in night games/concerts/etc.
Am I right that your $50mm number above is only for football? So add in a like number of concert events as football games (6) plus 60 concerts that are 20-25% of the capacity of football (equivalent of 15 games). On the back of my envelope, that seems like concert $ > football $ already before # of large concert events increasing future. No?
How many boxes are in the new RF plan? The UC has over 200.
The Ryan Family aren’t new NFL owners. I don’t know that they’d have to be “re-approved” if they bought out the McCaskeys. Also don’t think that that is a real issue anyway, as NFL ownership is basically a Billionaire’s Club and the Ryans are also squarely members there.
Tough to tell. Looks like 4 field-level suites, a super premium “Founders Level” with 5 boxes then other “normal” boxes with 9 more, then a handful of suites and “mini-suites” on the upper level. Also a large end zone club (probably similar to the Wilson Club) as well as an east concourse club.
It will be interesting to hear the acoustics at the new RF from outside the stadium. A little difficult to believe that it won't be noisy with a full blown concert, but noise was a big issue in design and acoustic engineers can do some incredible stuff. As I think about it, if you put the stage at the south end, the speakers will be directed at Wilmette a few blocks away. Who knows?
I do think if NU wants to up their concert game they could put in structured parking on the west lot. Kind of striving to self contain most of the crowd and minimize peeing in the bushes type thing.
So never say never to NU becoming quite the event venue.
I do think if NU wants to up their concert game they could put in structured parking on the west lot. Kind of striving to self contain most of the crowd and minimize peeing in the bushes type thing.
So never say never to NU becoming quite the event venue.
Why would they put a 4,000 person concert inside a 30k person stadium?
Even giving you the benefit of the doubt that you were talking about the younger Ryan, that’s not really how owner approval works. It’s not a job interview or a “is this guy good enough” type calculus.
Also, Ryan the younger could easily already be within the legal structure of the Ryan family holdings that include the team, and would have already been vetted and approved.
Bunch of sound-related stuff in the environmental assessment that you’d probably be better versed than I to look at with a tech background: https://www.cityofevanston.org/home/showpublisheddocument/89618/638194907992000000
Yes I was just taking FB revenues, I am totally guessing on numbers of suites as I have not seen the plans. Just suggesting that the reality is that while they will be there, they won't represent a significant % of the seats
As far as concerts etc, for probably half the year or maybe more, the stadium would not be available for such concerts because of the weather and actual football preparations and games so really hard to see how they would get that number of events so that would mean something like 2-3 times a week for the part of the season that it would be available. . And if you are having less than 10K, wouldn't it be easier to just have them in the BB arena? And that would be a more intimate venue. Also cuts down on neighborhood complaints regarding noise and the like.
Whatever happened to that guy who said Learfield was taking over the world??
Home
LEARFIELD is your connection to college sports & live events - unlocking value for universities & venues while connecting brands to fans.
www.learfield.com
You literally liked a post with a direct link to the actual plans. Your valid excuses are wearing thin and we are pretty far into “whining and bitching” territory.
I liked it merely because it was nice to see the actual drawings When you put up something I can appreciate, I feel it is reasonable to acknowledge it
Last edited:
Wasn't meWhatever happened to that guy who said Learfield was taking over the world??
Home
LEARFIELD is your connection to college sports & live events - unlocking value for universities & venues while connecting brands to fans.
Thanks, CGC, you give me too much credit. I have read a lot of acoustic studies but far, far from knowledgeable - a highly technical discipline. I have found consultants generally to be a good bunch and that their models are pretty good.
My take is this study was prepared for public consumption. Calm the waters to allow the stadium to be built and a limited number of concerts to be allowed. The consultant had to do a deep dive into how the stadium could be modified in the future to come up with the study on concerts vs game days. Likely construction cost numbers have been run on all that. The bottom line is stick the stage at the south end, add some sound modifications and the consultant thinks the sound is equivalent on the north, east and west property lines to the hum of a moderately busy street - then falls off from there. Doesn't sound bad but when it is in your neighborhood which has been virtually silent forever, a couple of times a week having to hear background noise, however moderate, is a drag.
I think the bigger issue is traffic, parking and drunk kids peeing on lawns and smoking pot as they wander down your streets late at night. No good. I think NU would have to keep the experience mostly self-contained with structured parking. The west lot area is pretty large but I don't know how those numbers work.
All speculation but good fun.
West and East lots would hold about 1400 cars. Not really a problem for concerts with 4K or less, Up to 6500 they are at least used to dealing with. But beyond 4K concerts between that and 10 it could get dicey as it would be at night and people would be unused to how traffic and parking work,.
Big concerts would be a potential nightmare as they would be at night with people that don't know how things work, And getting out, public transportation would generally not be an option, Could be a disaster for the neighborhood
Last edited:
That is all of 200 people. I assume you are talking about the donations with the $1 million gift. I thought I had hear that it was a one time donation of $1 mill and $45k for 10 years for 10 seats. If you have an update it would be interesting to see.
