A sports economist is disputing how much revenue a proposed new on-campus football stadium at Colorado State University might generate.
Temple University professor Joel Maxcy was hired by opponents of a new stadium to analyze projections in an advisory committee's feasibility study, which found the new stadium could generate $173 million to $437 million in revenues.
The Coloradoan reports (http://noconow.co/UALeyC ) that Maxcy contends the study was overly optimistic about game attendance, sales of luxury seats and donations. He estimates that under the best possible conditions, the proposed $246 million stadium wouldn't generate that much revenue -- but could lose up to $218 million in 30 years under the most pessimistic conditions.
CSU President Tony Frank has said he'll decide whether to proceed with a new stadium by early next week.
KKTV firmly believes in freedom of speech for all and we are happy to provide this forum for the community to share opinions and facts. We ask that commenters keep it clean, keep it truthful, stay on topic and be responsible. Comments left here do not necessarily represent the viewpoint of KKTV 11 News.
If you believe that any of the comments on our site are inappropriate or offensive, please tell us by clicking “Report Abuse” and answering the questions that follow. We will review any reported comments promptly.powered by Disqus
Posted: 08/06/2013 - Even if you don't plan to workout on your vacation, you may be surprised at the calories you're burning without even trying!
Updated: 06/18/2013 - We did a quick helicopter tour of the Black Forest burn area. Someone asked why the video looks shaky.
Updated: 05/20/2013 - Two weekends left to catch one great show!
Updated: 05/14/2013 - I'm still focused on meeting my goal of doing a pull-up. And I'm almost there! But I'm always getting this question: