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View Full Version : Having Fun With Numbers - Recent Guarantee Findings



TexasTerror
August 5th, 2016, 12:22 PM
Over the last few weeks, I've unveiled some guarantee and contract information on KatFans. Thought I'd share here for the masses:

Sam Houston State's 2017 agreement with Richmond is for $125k (with a $125k buyout). No return game.

Sam Houston State is paying $200k to Prairie View A&M for the Panthers to play at Bowers Stadium in 2018. SHSU is not receiving any money for the 2017 appearance, which is the home opener at the Panthers' new stadium (opens in '16). The buyout of said home-and-home series is $250k.

Incarnate Word is paying $113k to Prairie View A&M for a Thursday night visit in 2017 to San Antonio. The buyout of said one-game contract is $250k.

Just for note, Prairie View is getting $450k from Texas A&M (with a $500k buyout) for this year's guarantee game. Of extraordinary interest, Rice is joining SHSU in paying Prairie View A&M $200k (though with 50 hotel rooms the night before the game covered by the Owls, which is very generous for a program that can easily make the trek in from Prairie View to SW Houston). The buyout for the contest to be held later this year is $500k.

Sam Houston State has a $200k guarantee being paid out to Texas Southern for its 2016 contest with a buyout of $200k. Houston Baptist has a straight up home-and-home with Texas Southern, no guarantees being exchanged.


BATTLE OF THE PINEY WOODS GAME CONTRACT

On the BOTPW - you'll see that in 2013 following the success of the game the first few years, that SHSU and SFA negotiated more beneficial terms. SHSU and SFA split evenly the revenues for tickets and sponsorship with the exception of "commission" for ticket sales. It's critical that we as fans purchase our tickets directly from their school's respective ticket office.


ORIGINAL CONTRACT (2010)

Was originally four-year agreement with right to extend four additional years (through 2017).

LSSE received the first $300k of net ticket revenues. Called for LSSE to receive 50% of revenues over $300k with the Universities splitting remaining 50/50.

LSSE received the first $100k of net sponsorship revenues. Called for LSSE to receive 50% of revenues over $300k with the Universities splitting remaining 50/50.

2013 AMMENDMENT

LSSE retains the first $300k of net ticket revenue. All revenues over $300k are split 1/3 to LSSE, 1/3 to SHSU and 1/3 to SFA.

LSSE retains the first $200k of net sponsorship revenue. All revenues over $200k are split 1/3 to LSSE, 1/3 to SHSU and 1/3 to SFA.

The following commissions on each ticket sold directly the the University including tickets in suites. Ten percent commission on direct ticket sales up to $150,000. Twenty percent on direct ticket sales between $150k and $300k and thirty percent on sales of over $300k in ticket revenue.

2015 Ammendment

Adds a perpetual 3-year term.