University of Arkansas Staff Senate Thursday, September 9, 2010

Goals for Today Share the Razorback Foundation Seat Value Plan, specifically regarding Faculty/Staff tickets Plan to address Misconceptions about University of Arkansas Athletics Need for additional funds RSVP Program

Misconceptions Best Facilities in the Country

Hog Heaven Article in 2006 Consensus ranking of 5 th in Football Facilities in the SEC

Since 2006 Have all made significant renovations and expansions to their football facilities

Hog Heaven Article in 2006 Consensus ranking of 1st in Basketball Facilities in the SEC

Since 2006 Alabama: $4.5 million renovation Auburn: $92.5 million for new Arena and Practice Facility Florida : $10 Million renovation Georgia : $8.5 million renovation Kentucky: $30 Million Practice Facility LSU: $13.9 million Practice Facility Ole Miss: $12 Million Practice Facility Tennessee : $16 Million Practice Facility

Misconception s Unlimited amount of financial resources and reserves Fact: We do NOT have $20-$50 million in reserves in the Razorback Foundation

Fundraising Numbers (Annual Fund)FYO8-09 RankInstitutionTotal 1Florida28.5 2Georgia25.5 3LSU23.8 4Tennessee21.0 5Alabama17.9 6Auburn17.2 7Kentucky15.1 8South Carolina14.1 9Arkansas Ole Miss9.9 11Miss. State8.4 12Vanderbilt3.4

Fundraising Numbers (Donors)FYO8-09 RankInstitutionTotal 1Georgia16,000 2Auburn16,000 3Florida15,000 4South Carolina13,500 5Alabama13,366 6LSU11,439 7Arkansas10,587 8Tennessee10,000 9Kentucky8,500 10Ole Miss6,780 11Miss. State5,553 12Vanderbilt2,750

Athletic Budget FY 10 RankInstitutionTotal 1Tennessee$98,000,000 2Florida$91,000,000 3Alabama$85,3000,000 4Georgia$80,000,000 5LSU$74,000,000 6Auburn$75,000,000 7South Carolina$75,000,000 8Kentucky$71,000,000 9Arkansas$59,688,475 10Vanderbilt$44,900,000 11Ole Miss$40,000,000 12Miss. St.$38,754,480

The need to be more than just the Annual Fund In January 2008, Razorback Foundation projections showed that without a significant revenue increase, they would not be able to meet their financial obligations in 2012.

A Broader Spectrum of Giving Seat Program Increase Seat Values for DWRRS and WMS Expanding Razorback Foundation Membership Capital Campaign Planned and Deferred Gifts and Endowment

Historical Date Over the last 5 years over 30 schools have re-evaluated their Football seating plans Seat Premiums for DWRRS have NOT increased since 1982 (28 Years) AND…..

SEC Seat Programs Every school in the SEC has done their own form of a Seating Plan EXCEPT

What has been done Raised financial concerns with Razorback Foundation Leadership Suggested update of Seat Values in Football For DWRRS and WMS Razorback Foundation asked for our assistance No Experience Razorback Foundation asked Chris Wyrick to lead Has Experience

Committee Members Scott Bull* George Cole* Jeanne Groff Gene Hudson* Gary Smith Donny Story Norm DeBriyn Harold Horton Jeff Long Ken Mourton Reece Parham Sean Rochelle Mark Scobey Chris Wyrick Committee Advisors * Razorback Foundation Board Members

Steps Taken Studied our current situation Studied different seating models Studied other schools stadiums and seating configurations and price points Reviewed possible changes Developed “Arkansas” plan

We Actively Studied 55 Models and Prices * 325 hours of calculations and review

Competition in football Seat Premiums Seat Premium per seat, 50 Yard Line(our section 104 & 114 ) Texas A&M-$3,500 Penn State- $2000 LSU- $950 Kentucky- $450 Arkansas- $150 Oklahoma State- $800 Tennessee- $1,250 Mississippi State- $350 Ole Miss- $625 Georgia- $400 Florida- $1,000 Auburn- $500 Alabama- $1,300Clemson- $700

Cost of Entry into Sections Rewarding current seat holder loyalty Current seat holders may remain in current seats as long as they meet the new minimum Seat Premiums Cost of entry New section requirements

Classification# of TicketsIn These Sections Broyles-Matthews Platinum- $20, Broyles-Matthews Gold-$10, Broyles-Matthews Silver-$5, Super Hog-$3, Wild Hog-$2, Tush Hog-$1, Big Hog-$ Big Red -$ Non Donors

Faculty/Staff Fact Sheet 801 Account 1572 Tickets 136 accounts who are members of the Foundation(10%) 52 accounts that have other seats and require that they are members of the Foundation 665 accounts that just use the discount

Faculty/Staff Policy Current No Seat Premium ½ Ticket Price New Policy Current Ticket Holder No Seat Premium ½ Ticket Price New Ticket Holders No Seat Premium Full Ticket Price

Faculty/Staff Ticket Comparisons School# of ticketsTicket priceSectionDonation Alabama220% discountF/SNone Arkansas (current) 250% discountAnyNone Arkansas (new) 2Full PriceAnyNone Auburn250% discountAny50% Florida2Full PriceF/SNone Georgia250% DiscountF/SNone Kentucky220% DiscountAny50% LSU2Full PriceAnyNone Ole Miss250% DiscountAny100% Miss St.220% DiscountF/SNone S. Carolina220% DiscountAnyNone Tennessee220% DiscountAnyNone Vanderbilt2$99 each (season)Any100%

Total Faculty/Staff Seat Value Amounts Little Rock F/S Seat Values used $23,080 Fayetteville F/S Seat Values used $203,200 Overall F/S Seat Values used $226,280

Questions?