Because 1 home game probably brings in...
ticket sales: $30 * 50,000 people = $1.5mil (students are "free")
food at game: $10 * 70,000 people = $700,000
merchandise at bookstore: $10 * 5,000 = $50,000
boost to economy: $150/night * 2 night min * 5,000 rooms = $1.5mil
Basically, you're looking at a boost to the local economy/school of about $4mil per game if my WAG is close. You get about $20mil from tv rights in a year so 7 home football games is worth more.
Originally Posted by Freddyburg Hokie
With TV money going up so much over the past 10-15 years, why is there still a 7-game home requirement?
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