There will be no "new" Rupp arena for years
by frankpos on Jan 3, 2012 12:59 PM EST
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There will be no "new" Rupp arena for years. I'm willing to bet A LOT of money on that.
Simple fact blocking it: The financial markets will not support a project like the Yum Center right now. And won't for years.
Finance guys who love the Cards know that we BARELY got the Yum Center financed just before the markets collapsed. The investment banking firm of Goldman Sachs that underwrote the financing for it, frankly almost went under themselves in that chaotic time.
We were lucky as hell.
And UK is not.... :-)
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I have no idea the answer to this question so maybe you can clear this up for me
Could lexington even support such a facility? I know that they would always have the BBNut cases to fill the seats, but would there be enough interest from outside venues to add the additional support needed? The Yum center is able to have multiple concerts and events each year that i’m not sure even a world class facility in Lexington could draw.
Any thoughts
"Winning gets you where you want to go"
-CS5-
I can't speak to the entertainment $$ factor. But I'd say the best minds in Lexington (oxymoron) have crunched numbers since the Yum was built
and apparently they have come to conclusion that they didn’t want to reach— that a brand new place’s price tag just won’t fly
Yea, it's gonna take more than just UK basketball to support such an arena out in Horse Shit Town
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www.lordkayoss.com
hehe... horse shit town..... love it
by BirdsWithTeeth! on Jan 3, 2012 3:38 PM EST via mobile up reply actions
In a semi unrelated comment
I’m pissed Drake is going to Rupp arena for his tour this spring and not the YUM! CENTER!
needed to get that off my chest, lol
I went to one concert at Rupp in the seventies
It was an awful venue for music. You couldn’t hear shyte from the upper level, where I was sitting. But Lexington is close enough to Louisville and CIncinnati that if big acts appeared there – and weren’t also playing Louisville or Cincy – they could draw a good crowd.
"I am willing to donate to the charity that is working on the prevention of whatever the hell Dick Vitale has." - noobmaster
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