All Hokie, All the Time. Period. Presented by First Bank & Trust Company

1
Joined: 12/15/2023
Posts: 2,395
Likes: 3,196

Yes Does not generate the revenue opportunities as 21st century venues

Also Cassell was built in another time... and much work needs to be done, and also different business case now. THis is entertainment. To do what was proposed a coujple of years ago it requires over 100 milliion JUST for renotation, and there are more projects with critieal Return of investment (ie. Football related improvements which can generate the revenue and return faster. Also VT borrowing athority a little pressed; they just approved hundred of million dollar dormitory upgrade program (not funded by state), and that will be borrowed. So as finance guy, you have to be really careful and smart on huge projects. If football gets natoinal again, then the extra revenue an come in, resulting in more revenue to the secondary sports. This is Brutal college athletics in 2026
Posted: 02/21/2026 at 03:47 PM ET
(In response to this post by Marooned)

Thread Replies (16)

Full Thread →
Question please name any of the following schools that have spent less $$
vtox1 02/21/26 02:39 PM ET
You seem to know so tell us ?? I would guess somewhere in the middle but I
uber hokie 02/21/26 06:55 PM ET
Question I have is why is VT budget so low?
hokeyhokie 02/21/26 02:50 PM ET
So is Cassell untenable economically in the new reality?
Marooned 02/21/26 03:01 PM ET
Yes Does not generate the revenue opportunities as 21st century venues
1947Sunbowl 02/21/26 03:47 PM ET
Bottom line
Marooned 02/21/26 05:52 PM ET
I know you won't agree with this but there is hardly consensus that
I love VT! 02/23/26 03:09 PM ET
I’m not married to an arena district. If the town is now
Marooned 02/24/26 01:20 PM ET
Bburg is completely anti-growth. They won't support anything new**
hokeyhokie 02/21/26 10:54 PM ET
I vouch that. they turned down $15,000,000 project old bookstore on Main. **
TboneParkerVT 02/22/26 03:13 PM ET
From what I have heard
Moseley Hokie 02/21/26 02:46 PM ET
Yes **
Midwestguy 02/21/26 03:46 PM ET
Are with within 1 million of any of these schools i.e. close to =?**
vtox1 02/21/26 03:03 PM ET
Unknown, but possibly 2**
Moseley Hokie 02/21/26 03:14 PM ET
Educated guess on whose those 2 are?**
vtox1 02/21/26 03:17 PM ET
There are a lot of unknowns
Moseley Hokie 02/21/26 03:28 PM ET
This was my best guess ahead of GT who at least re-did their 1960s arena
vtox1 02/21/26 04:16 PM ET