This is a sport facility and event management class and all i want is just to respond to these four questions. Not doing any mathematics in this questions.

Questions: 1,4,9,11

Is it Time to Renovate or Rebuild Cameron Indoor Stadium? Duke University is a private institution located in Durham, North Carolina. With an enrollment of 6,600 undergraduate and 6,000 graduate students, it is one of the most prestigious universities in the country. Tuition runs about $40,000 a year, making it one of the most affluent schools in the country. Located in what is known as the Research Triangle area of North Carolina, the Raleigh-Durham area has a metropolitan population of 1.5 million people and hosts several headquarters for major corporations. Case STUDY (continued) The Duke University men's and women's basketbali teams play their home games in Cameron indoor Stadium, the crown jewel of college basketball The stadium wan ceiginally buat in 1935 and was remodeled in the late 1980 S. Spoits illuatrated ranked the stadium fourth on the list of the country's greatery sporting venues of the twentieth century, ahead of Pebble Beach, Wrigley. Field, and Fenway Park The stadium offers little room for concessions and no foom for corporent sponsoeships. Stadlum capacity is 9,314 , with 3,500 of those seats being bleacher seas reserved for students. Fo say that the stadium is antiquated is an understatement The Goard of Regents thinks a new faciity needs to be on par with the other schools in the areachowever, they are aware of the public sentiment for Cameron indoor Stad um Kecp in mind that the University of North Carolina, Wake Forest, and North Carolina State \& play in new, modein facilities. Things to Consider Take into account that the University of North Carolina sits 8 miles away from the Duke campus, and North Carolina State is about 22 miles away. Wake Forest Universityis located about 80 mies awy. The Paleigh-Durham area is full of graduates and fans from these and other Atlantic Coast Conference schools who would love to buy tickets and watch their school play against Duke but have been unable to do so because of Camerons low seating capacity. Thus, in addition to the opportunity to sell more tickets to its own fam Duke has the opportunity to sell lots of tickets to visiting teams fans: Questions That Need to be Addressed In determining the fate of the Cameron indoor Stadium, the following questions must be addresed: - Who pays? - Who should pay? - Who benefits? - How do you firunce this project? As an agency hired by the Duke athletic department, the athletic director of the university has asked you to evaluate building a new basketball arena or a complete remodeling of the current facility. The athletic director wants you to take into account the number of seats the arena will hoid and the added revenue from corporate sponsor: ship as well as a possible naming rights deal. In theory, a new arena would have many new areas for corporate advertising and hospitality. However, this is debatable because donors might want the new arena to have more of a "campus field house" feel (such as that found in the University of Maryland or indiana Pacers facilities). You will have a chance to present your proposal to the Board of Regents. The Board is split on this proposal, and it is a very touchy subject. Some feel that the success of Duke teams in the last 20 years makes this the perfect time to build an arena, while others disagree. Choose whether you would like to renovate or rebuild the arena, and answer the following questions: 1. Which part will the Iron Dukes (the athletic department's fundraising/donor group) play in the financial process? 2. What is the Basketball Legacy Fund? 3. Does the Raleigh-Durham area have the corporate infrastructure to support suite/ club seat sales? 4. Would a surcharge on student fees work at Duke? 5. How many suites and club seats would you include in a new arena? 6. How would you position a capital campaign for a new stadium? 7. How many seats would this arena hold? 8. Who will own and manage the arena, the athletic department, or the school? 9. If remodeling, where does Duke play in the meantime? 10. Would the women's team continue to play in Cameron? Consider this decision from a financial standpoint. 11. Will a new facility be a recruiting advantage or disadvantage