wonder what this will be....

[Big Daddy 84]

Wojo has been let go and Crean has been rehired.  #done deal
Buzz, KO and SS will serve as his assistants.  And Larry W is returning as AD.
 

[warriorchick]

7 year lease?

Our new on-campus arena should be online by then.

[mu_hilltopper]

Warrior stadium #donedeal

[TheGym]

The undertone of the speeches was spectacular.  sounds very much like the Bucks put the screws to Marquette.

[DienerTime34]

The undertone of the speeches was spectacular.  sounds very much like the Bucks put the screws to Marquette.

You're not kidding. Scholl's line about "how difficult this was" not normally what you hear at a warm-and-fuzzy announcement link this.

[GGGG]

So why is it only seven years?  Is that normal?

[The Lens]

So why is it only seven years?  Is that normal?

I feel very confident in saying Marquette is exploring every possible home court option for the 2025-2026 season. 

[Nukem2]

So why is it only seven years?  Is that normal?

I suspect that there are renewal options in the lease agreement.  7 years is a long time these days.

[DienerTime34]

So why is it only seven years?  Is that normal?

Not normal. That's about how long it will take MU to raise money and build an on-campus.

[mu03eng]

So why is it only seven years?  Is that normal?

No, and that was one of the major bones of contention. MU wanted at least a 15 year deal, the Bucks want much shorter leases so they can exploit opportunities as much as possible.

Bucks original offer was a 3 year lease....hardball

[mu_hilltopper]

I can't make out what this thread is saying ..

https://twitter.com/PaintTouches/status/897502069359165440

First it seems like he's saying rent per game is $10k net the revenue from suites .. 20 games = $200k/year.  Not sure where the other numbers come from.

[mu03eng]

Not normal. That's about how long it will take MU to raise money and build an on-campus.

Oh lord, not this mental masturbation again. It ain't happening. MU has so much capital invested in other projects (Wild Commons, new Rec Center, new Business School, Innovation Alley, etc) that an on-campus is about as likely as you winning the megamillions jackpot (mostly because the school would need you to donate all of it to get an on-campus arena)

Edit: Oh and significant tuition hikes are planned for next year just to pay for the planned investment I mentioned....there ain't money laying around for an arena to build and operate.

[GGGG]

No, and that was one of the major bones of contention. MU wanted at least a 15 year deal, the Bucks want much shorter leases so they can exploit opportunities as much as possible.

Bucks original offer was a 3 year lease....hardball

Hardball because Marquette didn't make an initial contribution to the building or just because that's how these guys are?

[mu03eng]

Hardball because Marquette didn't make an initial contribution to the building or just because that's how these guys are?

Yes

[jsglow]

The undertone of the speeches was spectacular.  sounds very much like the Bucks put the screws to Marquette.

They did.  MU and the Bucks are now officially only business partners.  The days of 'friendly Herb' are over.  But the reality is they both need each other and know it.

[mu03eng]

They did.  MU and the Bucks are now officially only business partners.  The days of 'friendly Herb' are over.  But the reality is they both need each other and know it.

I'm not so sure the Bucks know it. Now that they got their arena financed on the public's back, I'm pretty sure the Bucks don't think they need anyone.

[wadesworld]

Significant tuition hike? Yikes. How many people are going to be able to afford that price for a school that isn't significantly better than the cheaper options out there?

Just offer up to bring the Warriors name back in exchange for donations for an on campus arena and it'll get done real fast, hey?

[muwarrior69]

Here is an official announcement.

http://www.gomarquette.com/sports/m-baskbl/spec-rel/081517aab.html

Edit: The arena contract ends at the same time the Fox TV contract ends, coincidence?

[jsglow]

I'm not so sure the Bucks know it. Now that they got their arena financed on the public's back, I'm pretty sure the Bucks don't think they need anyone.

I think that's a bridge too far eng.  While MU does not have the sway that UW has statewide, we're an important player in Milwaukee.  Pissing off the University and SE Wisconsin alumni base by being complete a-holes puts a pretty severe crimp in your still fragile ticket base.  And that's dumb business.  Nobody says these guys are dumb.  They're just from New York, not Milwaukee.

[jsglow]

I can't make out what this thread is saying ..

https://twitter.com/PaintTouches/status/897502069359165440

First it seems like he's saying rent per game is $10k net the revenue from suites .. 20 games = $200k/year.  Not sure where the other numbers come from.

Good digging there topper.  Be interesting to know what the new deal looks like.

[The Lens]

I think that's a bridge too far eng.  While MU does not have the sway that UW has statewide, we're an important player in Milwaukee.  Pissing off the University and SE Wisconsin alumni base by being complete a-holes puts a pretty severe crimp in your still fragile ticket base.  And that's dumb business.  Nobody says these guys are dumb.  They're just from New York, not Milwaukee.

I think you're overestimating Marquette's importance as a player in Milwaukee.  IMO we are an incredible but often times underappreciated contributor.  I do not think the Bucks are concerned about our importance at all.

[cheebs09]

I think you're overestimating Marquette's importance as a player in Milwaukee.  IMO we are an incredible but often times underappreciated contributor.  I do not think the Bucks are concerned about our importance at all.

Agreed. If it were a following of UW's size within the state, that could cause an issue.

 They may think an on-campus 10K person arena means a freeing of people to spend their basketball viewing money on the Bucks. Granted, I would assume that marginal increase isn't as much as our annual rent.

[TedBaxter]

I think you're overestimating Marquette's importance as a player in Milwaukee.  IMO we are an incredible but often times underappreciated contributor.  I do not think the Bucks are concerned about our importance at all.

Well when the Marquette games bring in 14,000-17,000 potential customers to the Bucks arena, they should look at is as each game being a big marketing tool for the Bucks.  If people enjoy their time at a Marquette and want to come back to see the Bucks because of the environment, the Bucks should be happy with Marquette.  Then there's something called the NCAA tournament that Marquette helped the Bucks get.

[MUfan12]

Hardball because Marquette didn't make an initial contribution to the building or just because that's how these guys are?

Don't think the first part played in too much. Definitely on the second part.

[mu03eng]

I think that's a bridge too far eng.  While MU does not have the sway that UW has statewide, we're an important player in Milwaukee.  Pissing off the University and SE Wisconsin alumni base by being complete a-holes puts a pretty severe crimp in your still fragile ticket base.  And that's dumb business.  Nobody says these guys are dumb.  They're just from New York, not Milwaukee.

The Bucks don't care about Milwaukee period.....that's a little harsh but while there is a we're New York guys element some of it is simply because they don't really care about Milwaukee all that much.