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Report: FSU to lose $2.5M from WVU cancellation

Posted on: February 20, 2012 12:12 pm
Edited on: February 20, 2012 12:18 pm
 
Posted by Chip Patterson

In a move directly tied to West Virginia's arrival in the Big 12, the Mountaineers were forced to back out of a scheduled Sept. 8 contest with Florida State. The school paid Florida State a $500,000 cancellation fee but the total loss could end up being much more expensive, according to one school official.

"We'll probably lose $2.5 million in ticket sales," assistant athletic director Elliot Finebloom told ESPN.com. The school has been scrambling to replace West Virginia on the home schedule, a task that could end up costing Florida State an additional $1 million. Finebloom also explained the economic importance of keeping that date a home game on the schedule.

“Seven home games is something every business in town counts on, from hotels to restaurants,” Finebloom said. “People think it’s about the athletic department wanting to make more money, but we have a responsibility to area businesses who count on seven home games.”

The ACC regular season schedule had been released at this point in 2011, but Florida State's efforts to replace West Virginia are one of the "unusual circumstances" pushing back the release of the 2012 schedule.

The ACC issued a release late last week to explain the delay:

"As has been documented, there are a number of unusual circumstances beyond the control of the ACC and its member schools that have directly impacted a number of our school's nonconference schedules, which in turn effects the development and completion of the overall schedule."

According to Coley Harvey, of the Orlando Sentinel, the Seminoles have reached out to more than 50 schools to try and fill the date. As many as 31 of those have been FBS programs, reportedly including Boise State, Texas A&M, Syracuse, Rutgers, Wyoming, Arkansas, and Pittsburgh.

For more on Florida State, be sure to follow Seminole RapidReports.

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Comments

Since: Oct 12, 2011
Posted on: February 24, 2012 11:00 am
 

Report: FSU to lose $2.5M from WVU cancellation

You know what?  FSU did practically the same thing to WVU when they joined the ACC in 1992.  WVU and FSU were set to play a 2 for 1 series from 1992-1995.  2 games in Tallahassee and 1 game in Morgantown.  FSU had to make room for extra conference games when they joined the ACC, so they dropped this series.  I don't recall WVU whinning back then so FSU can just stop whinning now.



Since: Jan 22, 2012
Posted on: February 22, 2012 12:12 pm
 

Report: FSU to lose $2.5M from WVU cancellation

Well, FSU has ensured they would lose at least $2.5 million.  They have scheduled Savannah State, and in turn dropped the ticket price by $30.  This will ensure they lose at least $2.5 million.
FYI, Pitt still has TWO open slots on their schedule. One is being saved for an incoming new conference foe and the other is for a FCS opponent.



Since: Sep 29, 2006
Posted on: February 22, 2012 9:56 am
 

Report: FSU to lose $2.5M from WVU cancellation

“Seven home games is something every business in town counts on, from hotels to restaurants,” . “People think it’s about the athletic department wanting to make more money, but we have a responsibility to area businesses who count on seven home games.”
So it is the responsiblity of FSU to  ensure the financial viabliity of the local business sector?  If so allow me to open up shop....

We heard the same arguments around here when WVU scheduled the game in DC vs James Madison... where WVU will receive a payout greater than what they would get for a home game and have none of the overhead cost that comes with it...

Dont get me wrong every institution has a responsibility to the community in which it resides but to say they that business depend on FSU for their financial succes or failure if true is poor business planning from the start....

Local business should have planned on how to make a profit for every week of the year not just the 7 weekend dates FSU brings to the table.. Those dates should just be gravy...


Any way there was a contract with a buy out figure and WVU payed the buy out which was stipulated..  FSU needs to approach the schools left in the BE that now have a hole in their schedule and get one of them to pick up the date... Pitt and Cuse will soon be fellow ACC members so go to them first..

The ACC created the situation in the first place in its attempt to destroy the BE with two raids of the conf.... looks like the chickens have come home to roost



Since: Feb 5, 2012
Posted on: February 22, 2012 6:46 am
 

Report: FSU to lose $2.5M from WVU cancellation

Let's see.  We pay 20 million (plus 500k) to extricate ourselves from the nightmare you help create within the BE.  And, you complain about possibly losing 2.5 million.  Ummmm.  They aren't equal are they?  If you wish, our AD, Oliver Luck, will solve your problems for you in lieu of our 500k buy-out.  Also, we will promote your entry (along with Md. and Clemson) into the new Big 16, which will be the best football conference in the nation.



Since: Jan 17, 2008
Posted on: February 22, 2012 1:53 am
 

Report: FSU to lose $2.5M from WVU cancellation

Hey, ulosesucker, no disrespect, FSU built the program by anytime anywhere. I wouldn't mind my boys going there but you are following in footsteps still. Come prove it first.



Since: Jan 22, 2012
Posted on: February 21, 2012 9:18 pm
 

Report: FSU to lose $2.5M from WVU cancellation

This sounds like a bit of sour grapes.  West Veiginia entered into an agreement, backed out, and paid the agreed upon fee.  There is nothing wrong with that.  Blame Florida State for not demanding a bigger buyout.  Pitt still has that date open.  Perhaps florida State should stop their whining and start actively pursuing Pitt.  After all, Florida State and Pitt will probably be in the same conference in 2013.
That's far too logical. Are you sure you're allowed to be on the internet?  ;)

Pitt actually sill has TWO openings as they have yet to fill the void left by TCU.



Since: Oct 4, 2010
Posted on: February 21, 2012 7:37 pm
 

Report: FSU to lose $2.5M from WVU cancellation

Also, wasn't this one of those make up games between the BE and the ACC for when the last time the ACC raided? Ohhhh the irony!
Laughing The raid(s) of our former conference, the comments about acedemics, the shunning of WVU by the ACC, THEN we take your champion to the woodshed on national tv and now pimpslap one of your 3/14 "football schools"... Karma is a bishizzle aint it Mr. Swofford?

FSU the B12 could use a team or two so.... sign up or shut up.



Since: May 29, 2011
Posted on: February 21, 2012 7:24 pm
 

Report: FSU to lose $2.5M from WVU cancellation

You no thay are going to go with Wyoming, a esay team



Since: Jun 30, 2009
Posted on: February 21, 2012 6:24 pm
 

Report: FSU to lose $2.5M from WVU cancellation

All this looks like is a reporting of what happeeded when WVU pulled out.  FL St.  gave the number they expect to lose and how they are trying to fill the spot.  I do not see anything in the article calling WVU the dirtbags they are.



Since: Nov 19, 2006
Posted on: February 21, 2012 4:59 pm
 

Report: FSU to lose $2.5M from WVU cancellation

This sounds like a bit of sour grapes.  West Veiginia entered into an agreement, backed out, and paid the agreed upon fee.  There is nothing wrong with that.  Blame Florida State for not demanding a bigger buyout.  Pitt still has that date open.  Perhaps florida State should stop their whining and start actively pursuing Pitt.  After all, Florida State and Pitt will probably be in the same conference in 2013.


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