Thursday, February 17, 2011

Georgia Tech Basketball Attendance Watch: Yellow Jackets Break 5 Game Losing Streak

Glen Rice had 27 of Tech's 62 total points in a nine point win over Chattanooga Wednesday night at Alexander Memorial Coliseum.

The out of conference game against the Mocs drew a listed crowd of 5,364 according to RamblinWreck.com or about 58% sold though reports say the arena was more like 1/3 full.

Using the same ratio for out of conference games as I have since the UGA game, a 75% full arena would have added 1,529 fans and at least $30,585 in revenue (tickets were $20) before you even count in parking, merchandise, concessions, and seat license fees. The Chattanooga game brings the season total to $767,115 in single game ticket revenue alone, again not counting the above revenue which could easily double this figure.

Running total of lost ticket sales revenue:
UGA $86,310 lost without a full arena
Sav. St $24,195 lost without 75% full arena
Mercer $15,980 lost without 75% full arena
Charlotte $22,500 lost without 75% full arena
UNC $37,310 lost without a full arena
Wake Forest $109,515 lost without a full arena
Va Tech $118,895 lost without a full arena
Maryland $102,690 lost without a full arena
Clemson $104,020 lost without a full arena
Florida St $115,115 lost without a full arena
Chattanooga $30,585 lost without a 75% full arena
TOTAL $767,115 in ticket sales alone

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