The Bismark Tribune wrote a short article that the winning Bison of NDSU have saved the Fargodome from a deficit in 2011. Actually, the Tribune called it a financial boon.
The Fargodome which sits on the NDSU campus, is home to NDSU's Bison Football team. It has seating capacity for 19,000 for football games and 25,000 seats for concerts. It was financed in part by a half cent sales tax approved by the taxpayers.
It seems the Fargodome would have had a deficit had it not been for NDSU's football team playing in the Football Championship subdivision playoffs. The Fargodome estimates it nets $30,000 off of each game played at the Fargodome. Three home playoff games are turning an expected budget deficit into an anticipated surplus of $20,000.
Isn't that interesting? The Fargodome is home to a Division 1 football team which is a big draw for the facility. Even with the anchor tenant of a big Division 1 football team, this facility was heading towards a deficit in 2011. Even with those 3 playoff games, it will only push it to approximately $20,000 over expenses. That is not very comforting news.
SMG reported to the city council that the Arena netted about $700 per Skyforce game in the 2009-2010 season and that the overall revenue was up a little more in the 2010-2011 season. So the mindset seems to be "no big deal" that the Skyforce is leaving the Arena and going to the Sanford Pentagon to play. Even if the Storm and Stampede agree to "anchor" at the Event Center, it might not guarantee the facility a surplus. It depends on what kind of a "deal" they negotiate in their contract.
The fact is there are no guarantees when operating an event center. It's going to take more than two semi-pro teams to push the event center to a surplus. Maybe the mayor can get the USD and SDSU presidents to sign on the dotted line since they stood before the bright lights of the media to say they supported the building of the event center.
Then we can hope they get into the Football Championship subdivision playoffs and stave off a deficit. Go Team!!