Go look in the city financials if you're that interested.
Though I can't imagine why the last 2 years didn't look great.
Too bad they didn't barely qualify for the Shuttered Venue Act relief. Didn't get lucky to have the right mix during the right time frame like some other venues.
I have the honor to be Your Obedient Servant - B.Aud
We all live in stories... It seems to me that a definition of any living vibrant society is that you constantly question those stories... The argument itself is freedom. It's not that you come to a conclusion about it. Through that argument you change your mind sometimes... That's how societies grow. When you can't retell for yourself the stories of your life then you live in a prison... Somebody else controls the story. - S. Rushdie
The Alerus Center hasn't lost a ton of money recently. (covid obviously in 2020) Early on they did but a few years they profit and they have a 10.5 million dollar surplus fund they've been funding that is projected to grow to 45 million by 2029. https://www.grandforksherald.com/new...us-center-work.
Rob Ports article says they lost 1.7 million in 2012 despite an article that says they had a 1 million dollar operating surplus. Not sure who to believe but Port takes things out of context to support his claims. If they lose a few hundred grand every so often to put your city on the map and draw hundred of thousands? Sounds like a good deal to me. Maybe Fargo should start something like the non profit Epic Events in West Fargo and offer some guarantees.
**edit** it looks like they have a concert fund in GF where they pay guarantees thar it will draw certain numbers. One year they lost 160 grand on a Neil Diamond concert because it didn't sell well enough. But if promoters approach the Fargodome and they offer 200 grand to some names that you know will draw huge, its a calculated risk. Will Chris Stapleton draw 10k guaranteed or well write you a check?
Grand Forks went with Spectra and they are getting massive shows and are drawing hundred of thousands of people to their city. The Fargodome parted ways and is doing it in house.
Does the Fargodome have people with experience or connections in the concert industry. Sorry but the previous management company got way better shows.
Last edited by HerdBot; 02-19-2022 at 12:31 AM.
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17X National Champions: 65, 68, 69, 83, 85, 86, 88, 90, 11, 12, 13, 14, 15, 17, 18, 19, 21
Join the Green and the Gold Collective to take Bison football to the next level. Starts at $10 a month
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is there beer yet for 2022? wtf
NDSU TO FBS. HAVEN'T WE WON ENOUGH?
Watched the Fargo mayor debate and the candidates were asked "Would you support beer in the Fargodome."
1) Mayor Mahoney - Yes (he also talked about the importance of improving the fargodome)
2) Arlette Preston - No (She's said she's a nurse, so she is aware of alcoholism. She also said the dome would be a grain bin 25 years ago)
3 Sherry Fercho - No. (I think she said something about Jesus, families and football being sexist)
4) Michael Borgie - Yes
The other candidates didn't comment.
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17X National Champions: 65, 68, 69, 83, 85, 86, 88, 90, 11, 12, 13, 14, 15, 17, 18, 19, 21
Join the Green and the Gold Collective to take Bison football to the next level. Starts at $10 a month
The Green and The Gold Collective is excited to announce our #DriveToFive membership campaign. The goal of this campaign is to get to 500 monthly members. Reaching this goal will help us provide financial support to NDSU student athletes, including every returning member of the football team that saw action on the field last year!
https://thegreenandthegold.com