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Originally Posted by JVN
It's just amazing the kind of information some people on there forums "know" to be "fact".
The newest trend. Just incredible.
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Originally Posted by MikeDubreuil
As far as the financials go:
FIRST's 2003 revenue is about $15 million. Each field costs about $50,000. Assuming there's 6 fields that's $300k in fields. That's 2% of revenue. I don't think 2% is too much to spend for what is essentially the most important and exciting part of FIRST each year. Sure, we don't count Dean, Dave's or anyone elses labor from the game design comittee, but if we started billing out labor on this volunteer project we'd be in the hundreds-of-millions of dollars.
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Let me cite my numbers.
1.) $15 million revenue-
Taken from the
2003 Financial Statement. The exact revenue for U.S. FIRST for 2002-2003 is $15,290,977.
2.) $50,000 per field-
This is how much it costs to insure the field if you are hosting a competition. If anyone has a different value for the field and has a good reason I would be welcome to hear it.
3.) 6 fields-
Einstein, Archimedes, Curie, Newton, and Galileo. That's 5 fields, I presume there is a backup for every component so that makes 6 fields.