Obviously (IMO), the best alternative is to field a competitive football team and position the program for acceptance to P5.
But if we can't field a competitive football team, the arguments for continuing it need to be firmed up because the calls for FCS or outright termination will be louder and louder. Especially as more and more pro teams suck up sports entertainment $$.
I am personally for paying what it costs to make the program a winner. But I want to be a skeptic of your arguments just to show where the other side can go.
1. The operating costs of the new stadium increase.
Keep the silver bowl. Alternatively build a 18000 seat stadium and split the cost ( @ $ 60 Mil) with a pro soccer team
2. UNLV already struggles with attendance
You don't need near the attendance for FCS.
3. Alienate fans.
You don't need as many fans. And It can be argued that more fans would come if the program could win in FCS.
4. Ticket Prices need to be lowered.
I go to Jacksonville State and Alabama State games often ( grand nephews play) Ticket prices are the same with the exception of box seats..
5. It makes no sense financially
It makes no sense financially to keep throwing $$ at a perennially bottom 5 FBS program.
6. Better off killing it.
Not true. An competitive FCS game at be a great college experience. Better than the crap we look at week to week here.
Arguments like these make a lot of sense to casual fans or non fans who live in the valley and don't watch sports. If we want to keep our programs we either need to win or convince people these arguments are crap.
Fair enough...I agree, invest or kill it..No middle ground.
But...
Keep the Silver Bowl...You mean the single biggest reason besides losing that nobody attends games? Now you keep same operating costs and have lower attendance numbers..