Friday, March 30, 2012

STEP UPDATE: March 30

There are still 16,204 seats available as of tonight at 10PM.  There was little movement in the overall numbers this week, with a shift from lower donation levels to higher donation levels.  This is to be expected since only NLC members with a lot of points can pick right now.  They are the ones that presumably want to improve their seat location or add seats to their account, and can afford to do so.

 Anne Danahy of the Centre Daily Times writes that ticket sales are down slightly.
Assistant Athletic Director Greg Myford said the Nittany Lion Club membership is just above the 20,000 mark so far. In 2011, there were 22,474 members, up from 21,577 in 2010.

Overall donations are up by $900,000 compared with last year for a total of $16.3 million, Myford said.
They can sugar coat the numbers all they want, but the reality is that there are about 4,000 more tickets available right now than there were in June at the end of the selection process last year.  Four thousand seats were given up.  All ticket holders have the option of retaining their seats, so even if they plan on moving up or down, their seats would not currently be listed as available.  And any move of equal seats from one giving level to another, wouldn't change the total of available seats.  The only factors that could see that number decrease are if people decide to ADD seats to their current package, or new members who never had seats before choose later in the process.

You might think that $900,000 in higher donations would reflect a profit.  But if you do the math . . .  at $385 per seat for a season ticket, times 4000 empty seats . . .  that works out to $1.54 million dollars in lost revenue if those seats aren't sold.  And that doesn't include the extra donation level fees for those seats that are lost if they go unsold.  Obviously, for many of the more attractive games, e.g. Ohio State and Wisconsin, those seats will get sold individually with no problem, so the overall math is fuzzy at this point.

Anyway, here is the breakdown after a week of trading:

SECTIONDonationSeats AvailableSeats AvailableSeats AvailableDelta
6/8/20113/23/20123/30/2012
WB$4002322702755
WC$4002515988-71
WD600-200041180145-35
WE600-20001295-4
WF600-200037200142-58
WG$40018143106-37
WH$40030233937132
WJ$100613155-76
NA$10018172163-9
NB$10038200195-5
NC$1004020722922
ND$1003617118918
NE$100481931996
NF$100171781813
NG$1003517618812
NH$100301671758
NJ$100352082168
NK$1003617320532
NL$100392072136
EJ$100141011021
EH$4005184284346
EG$40060165162-3
EF600-200073182134-48
EE600-20000110
ED600-2000389249199-50
EC$4002832472470
EB$40014810892-16
WBU$1000308-22
WCU$4004775815854
WDU$6006527217276
WEU$6003033613687
WFU$60059670872315
WGU$4003184894912
WHU$100110248-54
WJU$10025147132-15
NAU100-4004811193-18
NBU$10053567216
NCU100-4001211071070
NDU100-400949310714
NEU100-400105142128-14
NFU100-4004082908
NGU100-40065809414
NHU100-4007851532
NJU100-400126113111-2
NKU$1001000
NLU100-400184-4
EJU$1003126530944
EHU$1009138126-12
EGU$40010671153119845
EFU$600882985101126
EEU$600762877855-22
EDU$600144414221414-8
ECU$4001541152615348
EBU$10026856-12
SAU$10088117115-2
SBU$10015410011010
SCU$10012510912314
SDU$10010611912910
SEU$1002642420
SFU$100163628-8
SGU$100175751-6
SHU$100871181224
SJU$1007910011313
SKU$10011395994
SLU$1001011171170
TOTAL122841639016204-18615%
1002104488748971030.22%
400498956085583-2534.45%
600+519158955724-17135.32%

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