Raising Reser Tops Sixteen Million Dollar Mark; New Seating Programs Unveiled

Oct. 1, 2003

Corvallis, Ore. -

The Raising Reser stadium expansion project has exceeded the $16 million mark as two new programs designed to further expand 'Beaver Nation' were announced Wednesday by Director of Athletics Bob De Carolis. The new programs include a multi-year savings offer for preferred seating and a referral incentive challenge.

The campaign has passed the halfway point toward the $28 million in private money needed by June 2004 for the $80 million project to get underway. Of the remaining funds necessary, it is projected that at least $5 million needs to be generated through ticket-related revenue, i.e. Beaver Athletic Student Fund annual donations.

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'We are obviously excited about surpassing the halfway mark of the campaign and we have the loyalty and dedication of Beaver believers to thank for that,' said De Carolis. 'These two new programs should make the upscale seating in Reser much more attractive to current and potential members of the Beaver Nation.

Under the new multi-year program, the donation levels required for Club Level seating and field level covered sections in the stadium expansion are reduced anywhere from $400 - $850 per seat, if the donor pledges for three years. Just as important, donors have the option of paying the three-year plan one year at a time.

'Many fans have already signed up for these preferred locations and are being contacted about the significant savings options now available to them. They'll find they might upgrade their 2005 Reser seats at donor levels that will now be the same or less than they currently invest in the Beavers,' said De Carolis.

The Club Level will feature more than 3,000 new, padded, theater-style seats with added legroom and an upper deck view that provides the ultimate viewing angle. Behind them, Club members will have access to an exclusive 30,000-square foot entertainment area with upscale dining, adult beverage service, interactive games, multiple big screen projection walls to watch all the football games around the nation, and live entertainment.

'We are describing this area as the Ultimate Tailgate Experience,' said De Carolis. A private stadium entrance with elevator and escalator service, and preferred parking are other Club Level amenities.

The second program, dubbed the 'Beaver Nation Challenge,' provides fans with the opportunity to earn some special access to OSU football, such as two seats on every team charter during the 2004 football season.

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The contest allows fans to refer new and prospective fans to OSU athletics staff. For every dollar pledged toward the project by a new member, those referring earn points toward winning one of 25 prizes. If the pledge form is completed and turned in by the same person referring the new member, they earned double points. Forms are available at the Beaver Athletic Student Fund office or by calling 541-737-2370.

'Friends of the program now have incentive to think of the friends they want to have share the great social aspect of collegiate football,' said De Carolis. 'If you know of others-individuals, families or company contacts-who could benefit from the fall Saturday experience we plan to provide with the new stadium, you could win some very special opportunities with the Beavers.'

Top point winners will receive their choice of travel with the 2004 football team, Rose Bowl tickets, skybox or sideline passes, a preferred parking pass or the right to be an honorary coach for a day.

'I know much of the loyal Beaver Nation has been on the west (visitors') side with the same friends for years and we can appreciate that,' said De Carolis. 'Both the three-year offer and the Challenge contest provide added incentive for you to move over behind the home team as a group.'

The three-year pledge savings program and the Challenge contest end appropriately on the football letter-of-intent day for recruits-February 4, 2004.

Phase One of Raising Reser will have a seating capacity of more than 43,000, providing 8,000 more Beaver fans the opportunity to be a part of Oregon State football and increasing the ticket revenue stream at a pivotal budgetary time for OSU athletics. The project will further enhance Oregon State football's home field advantage that boasts 20 straight sellouts and a conference-best 26-3 record at home in the last 29 games after Saturday night's convincing win over Arizona State.

'We're on schedule,' De Carolis said. 'Expanding Beaver Nation at the current pace will enable us to do some preliminary construction work as early as this spring.'

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