ADVERTISEMENT

Delicious Bull Tears Mega Thread

Got some good laughs on twitter this morning. Bulls fans have to be hurting with the realization that their program is going to have to pay a UCF grad for artwork of Rocky the bull. You can't make this stuff up lmao.
Eric DeSalvo's reply to this is the most recent exhibit in my case for him to get a raise. Our media folks are so creative, quick, and funny. I imagine they will be a breath of fresh air in the Big12 and earn some good will with our conference mates. Definitely need to keep it going.
 
What weird flexes they use. Not sure if this is supposed to be a cut or not

 
All this stadium talk makes me curious. I know that UCF still has about 43 million in bonds on the stadium. Does UCF make the debt service on operating costs? Have the bonds been refinanced to add more debt or have we just not paid down much principal? Just was curious how financially efficient the Bounce House is given our current income, and what kind of income would be necessary on a $250 million dollar facility even with substantial donor help?
 
  • Like
Reactions: Knight Strength
I think it's hilarious and awesome that we got a whole stadium for the price someone else paid for a coach to go away.

I for one wouldn't trade the Bounce House. Its something unique in the league, and the atmosphere we had during the Hughes return wouldn't have been the same in a bigger stadium with all of us spaced out in armchairs.
 
All this stadium talk makes me curious. I know that UCF still has about 43 million in bonds on the stadium. Does UCF make the debt service on operating costs? Have the bonds been refinanced to add more debt or have we just not paid down much principal? Just was curious how financially efficient the Bounce House is given our current income, and what kind of income would be necessary on a $250 million dollar facility even with substantial donor help?
I have a copy of the June 2018 Stadium Corporation financial statement but I am not very knowledgeable about what everything in it means.

We did refinance the bonds for the stadium in 2015 (a total of about $48 million), but I don't know the total of the original bonds issued to build the stadium, so I don't know how far the debt was paid down before the refinance. The current payoff schedule for the bonds shows the debt will be completely retired in June 2036.

The principal and interest payments on the bonds are about $3,630,000 per year.

The way things are structured, the UCF Stadium Corporation appears to make enough of a profit to funnel about $400 - $600K per year back to the UCF Athletics Association.

Current interest rates are probably lower now than in 2015. But, even if the cows could scrape together $50 million for a down payment and finance $150 million (for a total stadium cost of $200 million), it seems to me the yearly principal & interest payments would be astronomical. If UCF Stadium Corp only makes about $400 - $600K yearly...with a mostly sold out 45,000 seat stadium, I don't see how the cows could possibly afford to issue $150 million worth of bonds. They don't have anywhere near enough athletics association revenue to pay for that much debt.
 
And just for the hell of it, yes, Urban is gone. The Bounce House, however, is going strong and getting stronger. How about the Feed Lot? Been looking but haven’t seen any ground breaking yet….😆
 
  • Like
Reactions: CBlackwellRN
I have a copy of the June 2018 Stadium Corporation financial statement but I am not very knowledgeable about what everything in it means.

We did refinance the bonds for the stadium in 2015 (a total of about $48 million), but I don't know the total of the original bonds issued to build the stadium, so I don't know how far the debt was paid down before the refinance. The current payoff schedule for the bonds shows the debt will be completely retired in June 2036.

The principal and interest payments on the bonds are about $3,630,000 per year.

The way things are structured, the UCF Stadium Corporation appears to make enough of a profit to funnel about $400 - $600K per year back to the UCF Athletics Association.

Current interest rates are probably lower now than in 2015. But, even if the cows could scrape together $50 million for a down payment and finance $150 million (for a total stadium cost of $200 million), it seems to me the yearly principal & interest payments would be astronomical. If UCF Stadium Corp only makes about $400 - $600K yearly...with a mostly sold out 45,000 seat stadium, I don't see how the cows could possibly afford to issue $150 million worth of bonds. They don't have anywhere near enough athletics association revenue to pay for that much debt.
They've given me the impression they think they will raise $250 million in donations lmaooo
 
Ugggghhhhh 🤢🤮…seriously though, Chris Torello is a scumbag who you shouldn’t be fooled by his many trolling post history. Funny thing here is, all the talk about revamping their whole 2 deep with transfers, especially defense. Also, 31 min in the Jeff Scott OCS not really committing to an OCS timeline, just saying it’s “going to happen, don’t know when” and the whole “they still need to perform all the studies” to where and how they build it. Sounds like There’s no timeline to me, it’s just so USF.

 
  • Like
Reactions: Knight Strength
I have a copy of the June 2018 Stadium Corporation financial statement but I am not very knowledgeable about what everything in it means.

We did refinance the bonds for the stadium in 2015 (a total of about $48 million), but I don't know the total of the original bonds issued to build the stadium, so I don't know how far the debt was paid down before the refinance. The current payoff schedule for the bonds shows the debt will be completely retired in June 2036.

The principal and interest payments on the bonds are about $3,630,000 per year.

The way things are structured, the UCF Stadium Corporation appears to make enough of a profit to funnel about $400 - $600K per year back to the UCF Athletics Association.

Current interest rates are probably lower now than in 2015. But, even if the cows could scrape together $50 million for a down payment and finance $150 million (for a total stadium cost of $200 million), it seems to me the yearly principal & interest payments would be astronomical. If UCF Stadium Corp only makes about $400 - $600K yearly...with a mostly sold out 45,000 seat stadium, I don't see how the cows could possibly afford to issue $150 million worth of bonds. They don't have anywhere near enough athletics association revenue to pay for that much debt.
Dont forget, building costs are up about 60% this year alone. The longer they wait the more expensive it will get
 
Hey Duh*Bulls...SCOREBOARD...7-6...

& BUH*BYE!

Current Win Streak: 5 games UCF

 
  • Like
Reactions: hendu1976fl
If we had been where USF was 20 years ago, and we had done the things we had done, would we already be in a P5 conference? ACC, SEC or Big 10. Keep up the academics and on field success, who knows?
 
  • Like
Reactions: CBlackwellRN
Genshafted. That really should be a word,

How did that workout for USF? So appropriate, UCF should never forget it's history and how it has overcome many barriers to succeed. :cool:
 
Never forget the football history of UCF and the barriers to get to the BIG 12 . We all know history repeats itself........The next Conference USA teams that will surpass USF. Charlotte only started FBS football in 2015, and UTSA started football In 2006. They both Steal the bragging rights of one of the youngest football schools in the American conference. (USF started September 6, 1997) This is going to be fun to follow.
 
  • Like
Reactions: Knight Strength
No mention of Duh*Bulls in this Tampa Sports Town article. But UCF gets a mention in it. LOL...

 
No mention of Duh*Bulls in this Tampa Sports Town article. But UCF gets a mention in it. LOL...

Yup, they don't give trophies in college football for losing seasons. They basically have no material to write about. The hits continue!
 
  • Like
Reactions: Central Floridave
In the 20 years that I have graduated, what school I went to has not been brought up. Like anything in life you get what you put into it. Hell if you are motivated you can learn just about anything at the library or the internet. I run circles around dudes that supposedly went to better schools.
It is true that you can learn many things on your own however depending on what ciriculum you are studying labs may be a neccessity to get hands on experience.
 
ADVERTISEMENT
ADVERTISEMENT