Quote:
Originally Posted by Muta
That's cool. Agree to disagree, I guess. Would you be able to tell me the budgets on the facilities you've referred to that are being renovated?
You can't keep putting in $15M here and there and expect to get something like it's new. That's like pumping air into your tires of your aging car and saying the car is just fine... At some point you have to replace it because it's just getting old and worn out, and the costs to maintain it aren't worth it anymore.
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The major renovation to Spartan Stadium (which looks to have a fairly similar basic setup to McMahon, although I'm not an architect), adding 24 luxury suites, 800 club seats, a "Grand Entrance", 18,000 sq ft concourse, office space, recruiting lounge, bathroom renovations and 3,000 additional seats cost $64mil in 2005. They have since revamped the audio system and installed state of the art video boards at a cost of $10mil. This week they announced plans to construct new locker rooms and media facilities along with more bathroom and concourse space for $20mil. So $94mil for a stadium to be considered well up to par for the Big Ten.