Tennessee set a school record in 2000 by averaging 107,595 spectators per home game. The Tennessee Volunteers football team has a record of 464 wins, 118 losses, and 17 ties at Neyland through week six of the 2016 season, for a winning percentage of.789. The squad has 36 perfect home records, the most recent being in 2007. They have been outscored by their opponents 12,349 to 9,950 (plus one tie) during those games. Neyland Stadium is known as "The World's Largest Outdoor Theater" and it is easy to see why when you consider that an estimated 730,000 people come to watch Tennessee play every year. The record attendance for a single game is 102,093 vs. Florida in 1978. In addition to being a popular athletic event, Tennessee football games are also very lucrative; annual revenues exceed $100 million dollars. The stadium is located on the campus of Tennessee Volunteers in Knoxville, Tennessee. It was built in 1934 for $750,000 ($5.9 million in 2012 dollars), and has been renovated several times since then. Its official name is Johnny "Red" Floyd Stadium, after the university president who led its construction. However, it is more commonly known as Neyland Stadium or just "The Stadium." The first game played in Neyland Stadium was on September 3, 1934, when Tennessee beat Vanderbilt 31-0.