Memorial Stadium: JULY 1, 2011


Ok, i see Yale owns the stadium. It's almost 100 years old and people are complaining about Memorial being 60 years old? :lol: It seat 62K so it is slightly larger than Memorial.
 
SUJagFan said:
That's the problem. If JSU doesn't have an idea of what those cost are now along with expected revenues, then the likelihood of this venture being profitable is slim.

That's why I think JSU needs to put a FOR SALE sign on it on July 2, 2011.

You all don't have several years to figure it out and try to wait other people out. Mess around and get it wrong a couple of years and end up selling it at a distressed price.
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I give up.
Just take the word of people that live here and has been following this since 2001 when this first came up.

Trust us when we say Memorial and the land it sits on will never, ever be sold at a distressed price. Unless that Hospital Complex, ( 4 hospitals and a Dental School total), decide to close down I-55 on the East side and demolish the FONDERON neighborhood on the Northwest side to build, they have no more land to build on............NONE. ST. Domonics used the last free space from I-55 To Memorial.

Just trust people that live here on the "facts" about what is going on over there at memorial.
 
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U Penn's stadium used to be larger than Memorial but now holds 55K. I know these Ivy League schools have money to renovate but construction on that stadium started in 1895. :eek:
 
SUJagFan said:
Not necessarily.

If JayRob's theory is correct, then this transfer from the state to JSU to UMC may speed the process.

The Mississippi Legislature was never going to approve funding for an on-campus JSU stadium directly because the Republican constituents would be all up in arms.

This way, as long as JSU gets a new stadium, everybody gets what they want without disturbing the natives. JSU gets a new stadium. UMC gets the land under Veteran's Memorial. The politicians can stay in office. Everybody is happy. The average redneck in Mississippi is D-U-M-B. By the time they figure out what has happened it'll be too late.
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And Ol Hailey done made good with the Black vote in Mississippi... (Ain't gonna make a damn bit of difference though, he ain't getting the Black vote)
 
Tigerpride said:
U Penn's stadium used to be larger than Memorial but now holds 55K. I know these Ivy League schools have money to renovate but construction on that stadium started in 1895. :eek:
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Which is why I don't understand why people are saying Memorial is old. There are a several HBCU stadiums that are older than Memorial.
 
MikeBigg said:
And Ol Hailey done made good with the Black vote in Mississippi... (Ain't gonna make a damn bit of difference though, he ain't getting the Black vote)
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As it relates to any election he will be in, the black vote does not matter. I wonder if I will ever see the state blue on the day a President is elected. When we were voting for the confederate flag, you saw how many blacks didn't bother to vote. We are no threat to Haley.
 
Nonchalant said:
Which is why I don't understand why people are saying Memorial is old. There are a several HBCU stadiums that are older than Memorial.
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I actually like Memorial. I like the idea of an on-campus stadium but I shole hope we lose our atmosphere. There is nothing like a JSU game.
 
jstate83 said:
I give up.
Just take the word of people that live here and has been following this since 2001 when this first came up.

Trust us when we say Memorial and the land it sits on will never, ever be sold at a distressed price. Unless that Hospital Complex, ( 4 hospitals and a Dental School total), decide to close down I-55 on the East side and demolish the FONDERON neighborhood on the Northwest side to build, they have no more land to build on............NONE. ST. Domonics used the last free space from I-55 To Memorial.

Just trust people that live here on the "facts" about what is going on over there at memorial.
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In real estate, price is always negotiable. Just as scarcity of land is a factor, knowing the seller needs to sell can also play a role in determining the price.

However, I hope you're right. I hope the JSU administration is on top of it an has this thing taken care of.
 
Tigerpride said:
I actually like Memorial. I like the idea of an on-campus stadium but I shole hope we lose our atmosphere. There is nothing like a JSU game.
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Agreed. I've always liked how Grambling's stadium is in a pit and is expandable. As long as the new on campus stadium seats 35,000-40,000 (with a horseshoe), I'm good.
 
SUJagFan said:
That's the problem. If JSU doesn't have an idea of what those costs are now along with expected revenues, then the likelihood of this venture being profitable is slim.

That's why I think JSU needs to put a FOR SALE sign on it on July 2, 2011.

You all don't have several years to figure it out and try to wait other people out. Mess around and get it wrong a couple of years and end up selling it at a distressed price.
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JSU should already have an idea of revenue cost and liabilities based on the records and stats from Memorial Stadium over the past 10-20 years. All JSU accountants have to do is review the costs accrued from state records. Shouldn't be difficult to do.
 
JayRob said:
JSU should already have an idea of revenue cost and liabilities based on the records and stats from Memorial Stadium over the past 10-20 years. All JSU accountants have to do is review the costs accrued from state records. Shouldn't be difficult to do.
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Hate to say this JayRob, but when your dealing with OUR people...You just never know. The emphasis is on OUR people. Not Alcorn, JSU, Grambling, but OUR people as a whole.
 
JSU by itself could revitilize the HWY 80 Corridor if they work with the City of Jackson to tear down Metrocenter and build their future stadium there in its place.

It would attract a lot of JSU prospects if they did this.
 
Tigerpride said:
I didn't think they owned it. I knew about it but I thought they just played in it. I think Penn has a pretty big stadium too. I pass it all the time but I have never been in there.
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We played Delaware State in Penn stadium in the mid 80s. Also the Penn Relays are held there; check it out if you like track and fields.
 



BRAVEHEART123 said:
JSU by itself could revitilize the HWY 80 Corridor if they work with the City of Jackson to tear down Metrocenter and build their future stadium there in its place.

It would attract a lot of JSU prospects if they did this.
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Hell that still wouldn't be on their campus.
 
The land has been earmarked for a new stadium. We might have to emminent domain some folk, but they're taking land for much less than a football stadium. The stadium would be built between JSU and downtown. We'll basically have an athletic complex with the baseball, softball, soccer and football all near each other. Only basketball will be by it's lonesome on the other side.
 
Robber said:
The land has been earmarked for a new stadium. We might have to emminent domain some folk, but they're taking land for much less than a football stadium. The stadium would be built between JSU and downtown. We'll basically have an athletic complex with the baseball, softball, soccer and football all near each other. Only basketball will be by it's lonesome on the other side.
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Good deal. I hope we can eventually renovate the AAC. I attend the Dr. Cornel West event and realized that those upper-level seats aren't made for tall people. The entire interior of the arena could look so much better, similar to FAMU's:

800px-FAMU_Arena.jpg
 
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You'll mentioned the "DFA". The problem I see is the Dept. of Finance coming up with some strange excuse saying they lack the funding necessary to appropriate to JSU. Just like the mess that's currently going on up in Ohio. DFA tells JSU "we thought we would have adequate funding based on your needs that you supplied to us," "but an unfortunate set of circumstances have come up in other important agencies, therefore we have to fund you a lot less than what we originally anticipated." Yall straighten me out or is that a real possibility. Not saying JSU couldn't sue, but is that a possibility or was it in the clause just in case the DFA defaults on its promise. A lot of state's finances have appeared to be in dire needs as of today.
 
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JayRob said:
JSU should already have an idea of revenue cost and liabilities based on the records and stats from Memorial Stadium over the past 10-20 years. All JSU accountants have to do is review the costs accrued from state records. Shouldn't be difficult to do.
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Can you trust those records, you already know the attendance count is incorrect.
 
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