Legacy Hall update

https://business.fsu.edu/aboutus/news/2018/12/18/legacy-hall-on-track?utm_source=facebook&utm_campaign=january

Legacy Hall on track for groundbreaking later this year

Architects from Boston-based Goody Clancy recently visited the College of Business to run through the final design plans for Legacy Hall and solicit suggestions for tweaks from faculty and staff members before the building project moves to the construction development planning phase. It will be built by Tallahassee-based Culpepper Construction.

All is on track for the $88 million home, which at 218,392 gross square feet will be the largest academic space on the Florida State University campus. The timeline for Legacy Hall, which depends on funding from the Legislature, has groundbreaking set for the second half of this year, followed by a 22- to 24-month construction phase and an anticipated grand opening in fall 2021.

Visit the New Legacy Hall Website

Here are a few facts about Legacy Hall:

• Located on the corner of Gaines Street and Martin Luther King Boulevard, it provides a southeast gateway to the Florida State campus and will be the starting point of the Madison Mile that leads into College Town, the downtown district adjacent to FSU’s football stadium.

• It provides a 55-percent increase in student space, a 24-percent increase for faculty members and a 21-percent increase for staff support.

• It features
  - Five floors to accommodate future growth
  - A central atrium to promote connection and collaboration
  - Forum stairs with seating
  - A 300-seat auditorium for classes and speaking events
  - Dedicated professional development space
  - A financial trading room

• The 124,193 net square feet (NSF) of program space includes
  - 65,600 NSF for academic space
  - 12.500 NSF for labs, technology and support space
  - 11,855 NSF for the college’s 10 centers and institutes
  - 34,188 NSF for administration and faculty members

• The new building offers showcase spaces and high-use areas for programs, labs, technology and offices that are available for naming by donor, ranging from $15,000 up to $5 million.

To be part of the legacy, contact Dean Michael Hartline or David Vanlone, chief development officer.

- Barbara Ash
January 1, 2019

Forbes: Top 2018 Revenue Teams

https://www3.forbes.com/business/college-footballs-most-valuable-teams-2018/

https://accfootballrx.blogspot.com/2019/01/forbes-top-2018-revenue-teams.html

From Forbes: College Football’s Most Valuable Teams 2018
Here's the top 25 in terms of revenue according to Forbes:

Rank	Team	Revenue	Profit
1	Texas A&M Aggies	$148 million	$107 million
2	Texas Longhorns	$133 million	$87 million
3	Michigan Wolverines	$127 million	$75 million
4	Alabama Crimson Tide	$127 million	$59 million
5	Ohio State Buckeyes	$120 million	$69 million
6	Oklahoma Sooners	$118 million	$72 million
7	Notre Dame Fighting Irish	$112 million	$72 million
8	Auburn Tigers	$112 million	$61 million
9	LSU Tigers	$112 million	$56 million
10	Florida Gators	$111 million	$67 million
11	Tennessee Volunteers	$108 million	$60 million
12	Oregon Ducks	$92 million	$54 million
13	Arkansas Razorbacks	$92 million	$54 million
14	Penn State Nittany Lions	$92 million	$48 million
15	South Carolina Gamecocks	$90 million	$50 million
16	Georgia Bulldogs	$89 million	$55 million
17	Florida State Seminoles	$88 million	$41 million
18	USC Trojans	$87 million	$47 million
19	Washington Huskies	$84 million	$36 million
20	Nebraska Cornhuskers	$83 million	$46 million
21	Ole Miss Rebels	$80 million	$42 million
22	Michigan State Spartans	$80 million	$39 million
23	Iowa Hawkeyes	$79 million	$38 million
24	Wisconsin Badgers	$78 million	$43 million
25	Texas Tech Red Raiders	$60 million	$31 million

17. Florida State Seminoles
Revenue: $88 million, Profit: $41 million
The Seminoles reported a total of $16.3 million in revenue from bowl games between 2014 and 2016, the most of any team. Getting to its games was also plenty expensive – FSU spent $8.1 million in travel expenses across those three seasons, also highest among all college football teams.

Convention center back

https://www.tallahassee.com/story/news/money/2018/09/24/updated-feasibility-study-approved-fsus-convention-center/1380657002/

An updated feasibility study has been commissioned to determine if and what kind of convention center could be suitable for Florida State's emerging Arena District. 

During Thursday's Blueprint board meeting, city and county commissioners green-lighted the study. FSU has agreed to pay for it and partner with the Tallahassee-Leon County Office of Economic Vitality for the next six months.

Once the study is completed, the Blueprint board will review the findings and determine whether to grant up to $20 million toward the long-discussed project, which will require bond financing as early as 2020. 

Changes made since the 2011 study? 

A 2011 feasibility study by HVS indicated the need for a convention center. However, the economic landscape has shifted with more hotels coming online or in the works downtown and near Gaines Street.  

"Once we have all of that data, we will know what is the real need for a convention center,” said Ben Pingree, director of PLACE, which stands for Planning, Land Management & Community Enhancement. "There’s a ton of change so we really need to know from the experts what is the modern day demand."

In a Sept. 4 letter to Pingree, FSU Real Estate Foundation Executive Director Kevin Graham outlines the university's plan to create an Arena District. Plans call for a convention center, a hotel and relocating the FSU College of Business. The design phase should be complete in the next 24 to 36 months. 

"We are very pleased with our commissioners' decision to fund the convention center in 2020," Graham told the Tallahassee Democrat. "Establishing the Arena District as a location for convention business will profoundly impact our community’s economic development platform."

In the letter, Graham talks of steps already made — ownership of the Tucker Civic Center in 2013, a groundbreaking in the next one to two years for the College of Business and plans for a hotel development independent of OEV and the Blueprint board. 

"FSU absolutely values a strong relationship with the City, County and Blueprint leadership," Graham wrote. "We have each made significant contributions, and together we will continue to support and promote economic growth in our community. Our respective obligations demand we remain the best stewards possible of the land and financial resources that have been entrusted to us. FSU is ready to move forward on the hotel and convention center development now." 

Agreement to see hotel with up to 300 rooms 

Graham said a hotel is a high priority. Letters between Graham and Pingree indicate an agreement to see a full-service convention hotel with up to 300 rooms and 50,000 square feet of convention space. 

Snapshot of FSU's economic impact

$10 billion — economic impact statewide

$850 million — money spent by its students in the local economy

$25 million — investment in improving the Tucker Civic Center. 

14,000 people — number of employees

FSU booster trends

https://floridastate.forums.rivals.com/threads/booster-decline-trends.250065/

FSU women's basketball has 2 McDonald’s All American

https://usatodayhss.com/2019/2019-mcdonalds-all-american-game-girls-roster

FSU women have 2 McDonalds All Americans. It notes 3, but Ashley Owusu is signed with Maryland.

FSU women's hoops has a pair of McDonald's All-Americans in signees Sammie Puisis and River Baldwin. They will play in March 27 game in Atlanta. Seminoles have three current players who were McDonald's All-Americans - Kiah Gillespie, Valencia Myers and Izabela Nicoletti.

— Bob Ferrante (@BobFerrante) January 25, 2019

ACC basketball credits

Another interesting bit of info from ACC RX

https://accbasketballrx.blogspot.com/2019/01/2018-ncaa-credits-did-you-know.html

...a sizeable chuck of the NCAA tournament credits earned by Syracuse and Louisville still goes to the American Athletic Conference? In fact, the AAC got more money from NCAA credits earned by the Orange and the Cardinals than the ACC did! (see graph). That's because these credits pay out over a 6-year period, and those teams were in the Big East (progenitor of the AAC) at the time.

Syracuse and Louisville together left 21 credits behind, and Pitt and Notre Dame left another 3. Had these credits followed them to the ACC, the graph would have looked like this:

Ranking Conferences & ACC 3rd in TV ratings

Great article from ACC Football Rx.  It touches on a topic I have focused on repeatedly.  ACC tends to trend 3rd overall in TV ratings.  The ONLY metric that matters when it comes to TV contracts.  

The other data is very interesting, but I especially concentrate on TV ratings.  It is tough to find much data on this topic, so we document it when we can.

I have suggested that if the ACC regularly trends 3rd overall in TV ratings (and this doesn't even factor basketball).  No way should the ACC have the 5th lowest payout in TV contracts.



Ranking Conferences - 1/21/19

From Definitive Overall College Football Conference Ranking (based on data from the past 5 seasons), in which the author ranks the conferences on several objective measures, then proposes an overall ranking (you know I have to massage it a little to add some value here...)

Attendance.

Average Home Attendance SEC 77,226 Big Ten 66,314 Big 12 57,458 Pac-12 51,064 ACC 49,375 AAC 30,329 MWC 24,557 C-USA 19,983 Sun Belt 17,919 MAC 15,633

80 _ SEC 75 70 65 - B1G 60 _ XII 55 50 - Pac, ACC 45 40 35 30 - AAC 25 - MWC

Average attendance is not an ACC strength - not surprising, given how small some of the stadiums are. Even so, it's in a virtual tie with the Pac-12 and 19,000 higher than the highest G5 conference - the American (AAC).

Non-Conference (P5, non-bowl only).

Non-Conference P5 Record Pac-12 0.585 Big Ten 0.530 SEC 0.507 ACC 0.479 Big 12 0.400 AAC 0.315 MAC 0.180 MWC 0.171 CUSA 0.071 Sun Belt 0.056

0.600 - Pac 0.567 0.533 - B1G 0.500 - SEC 0.467 - ACC 0.433 0.400 - XII 0.367 0.333 0.300 - AAC

Here the ACC is a little closer to the middle of the power five conferences - right behind the SEC and well ahead of the Big XII. The big surprise? The Pac-12 leads the way (possibly because they rarely play the SEC or the ACC?)

Bowl Games.

Overall Bowl Records Sun Belt 0.609 SEC 0.552 Big Ten 0.541 MWC 0.515 Big 12 0.514 ACC 0.500 CUSA 0.458 Pac-12 0.450 AAC 0.353 MAC 0.241

0.600 - SBC 0.575 0.550 - SEC, B1G 0.525 - MWC,XII 0.500 - ACC 0.475 0.450 - USA,Pac 0.425 0.400 0.375 0.350 - AAC

Again, the ACC is comfortably in the middle in terms of bowl win%.

AP Top 25.

#Ranked, Final AP Poll SEC 27 Big Ten 23 Pac-12 20 ACC 18 Big 12 16 AAC 9 MWC 6 CUSA 2 MAC 1 Sun Belt 0

27 - SEC 24 - B1G 21 - Pac 18 - ACC 15 - XII 12 9 - AAC 6 - MWC 3 - USA 0 - MAC, SBC

The ACC is ahead of only the smallest P5 conference in terms of number of ranked teams in the final AP poll (and would be 5th in terms of percentage of ranked teams) - but still within the P5 range and well ahead of the G5 conferences.

Playoffs.

#Playoff Appearances SEC 6 ACC 5 Big Ten 3 Big 12 3 Pac-12 2

6 - SEC 5 - ACC 4 3 - B1G,XII 2 - Pac

Playoff appearances are where the ACC really starts to shine, beating out every conference except the SEC.

#Championships SEC 2 ACC 2 Big Ten 1 Big 12 0 Pac-12 0

2 - SEC,ACC 1 - B1G 0 - Pac, XII

Likewise the ACC looks good so far in terms of national championships over the last 5 years (a fortuitous choice of date range by the OP author).

Television.

#Top10 Most-Watched SEC 38 Big Ten 28 ACC 15 Big 12 9 Pac-12 7

38 - SEC 27 - B1G 16 - ACC 7 - XII, Pac

ACC football holds its own in terms of TV viewership, thank you very much!

NFL Draft.

Number of NFL Draft Picks SEC 260 ACC 203 Big Ten 180 Pac-12 171 Big 12 112 AAC 66 MWC 52 CUSA 44 MAC 36 Sun Belt 19

260 - SEC 240 220 200 - ACC 180 - B1G,Pac 160 140 120 - XII 100 80 60 - AAC

Even when ACC football was bad, the NFL draft was one area the league could point to - and it still is. On the other hand, the Big XII is even lower than their small size would indicate.

Final Ranking.

Overall Score/Ranking SEC 11 Big Ten 19 ACC 27 Pac-12 31 Big 12 33 AAC 47 MWC 47 CUSA 54 SBC 54 MAC 59

10 - SEC 15 20 - B1G 25 _ ACC 30 - Pac 35 - XII 40 45 - AAC,MWC 50 55 - USA,SBC

*note: lower is better here.

CONCLUSION.
The ACC comes in as a solid #3 in terms of college football conference overall power ratings behind the big two (SEC, B1G). And while I suppose one could quibble with certain aspects of the OP author's methodology, it's hard to argue with the final result (with the Big XII and Pac-12 so close, does it really matter who's 4th/5th?)

One mild surprise for me at least - 6th place isn't just a virtual tie, it IS a tie between the American and the Mountain West (P7, I guess?). Those teams will give you a real game - and maybe more than you bargained for! (No surprise: C-USA, the Sun Belt, and the MAC are not all that good).


More evidence ACC is 3rd in TV ratings even though last in revenue

ACC TV ratings vs other P5 conferences