The conversation is fine; facilities are a window to an Athletic Department's status.
But, like you mention, the conversations wouldn't be as often if attendance was better. Attendance/marketing is cheaper and easier to fix than funding a new arena (with potentially the same attendance problems).
Other AAC schools need a new arena far greater than UNT does.
Much more can and should be done to encourage/drag students to games. That is the weak link in all this facility talk.
What does "6th decade of existence, it's only a matter of time." mean? I know you're not saying "it's too old" right now but, you're implying it will get too old, right? So, when is that for you?
No, I don't rule this out because the crowd sizes/budgets are different between different sports. Why are you ruling it out? Up front, this seems like a blanket statement/generalization.
It would be nice to have our own facility. This is definitely a "checked" box, but by itself is not the reason you should build.
They didn't think another G5 in football could match Oregon St, Wash St, Boise, Fresno, and SDSU as their Top 5. Could the AAC or SBC? Army, Navy, Memphis, Tulane, USF/UTSA was pretty stout for the AAC this past season.
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