Mad Max- Who Will Be His Suitor???

Again, #1 if that's really true then why do they need to keep jacking up ticket prices? Why do tickets that use to be (not long ago) $100.00 now cost $500.00?

And #2 with all due respect Tom considering the amount of money these teams make in ATTENDANCE, that's the dumbest statement you've ever made.

 

I thought I would never see these absurd amount of TV/Cable deals.....

enough to buy an avg of 10 MLB teams, for the Bums or even M's TV deals.....

 

Rick you do really need to get with 2015. You keep raising tix prices because you can and someone will always be there to pay. Baseball is big business, its not about poor schlepps going to a game. You want the experience, you pay for it.

 

And your reasoning behind your other statement that "Fans in the stands just aren't necessary" means what?

Before answering lets break it down this way, Humor me, the Yankees average 40,000 fans a game, lets say between the $10.00 tickets & the $1000.00 tickets that the average price is say $100.00. Multiply that by 40,000 fans (per game) then multiply that but 81 home games. Now math has never been my favorite subject but off the top of my head I think that comes out to over $32M dollars a year. Now, tell me again how the revenue that the fans bring in isn't really necessary.

And note: that figure is just for attendance, we're not even talking about concession & parking. Just saying.

 

Rick, I'm also not a math professor but your basic math skills are nothing to sneeze at...lol.....also, can we all just take the eye test- picture this, MLB teams playing games in an empty stadium .…...

 

an easier way to look at it is the yanks draw what, 3 million fans a year?

x $100 is $300 million

 

Again Rick you are missing the point. The major market teams are essentially giving away their attendance money in revenue sharing, its inconsequential to their bottom line. The ticket prices at Yankees Stadium arent driven by salaries paid to players, at least in NY. You are applying pre-FA and pre-cable/internet economics in your thinking. The 60s and 70s are over, this is baseball in the 21st century. You pay for the privilege to experience the game live and in person. It used to cost $20/head to get into Disneyland, now its a $100.

You want a cheap seat? Try your couch in front of your TV or a stool at a sports bar. We all get that you don't like it, most people don't. But there are enough people out there that don't find these prices absurd, at that's all that matters to the MLB.

 

Divide that in half and then subtract the operating costs for the Stadium. And you aren't factoring the $64M bond payments that pays for the stadium, etc. <10% of the Franchise revenue. They are earning more via investment profits annually. Have you ever run a business?

 

^^^I don't get your accounting approach on this...doesn't matter where the money comes from...credits are credits and debits are debits...it's all Yankee money.

...the money taken in at the stadium is quite a chunk of change...and it does matter.

 

In comparison to the other revenue sources, attendance money is a very small %. Look, maybe to you and your biz that's important, but to billion dollar businesses the Pareto Rule applies. That is as simple as I can make this point.

That and I challenge Rick's casual linkage of player salary to ticket prices. If anything, tix price is a function of operating costs and revenue sharing.

 

...again, do whatever accounting gymnastics you like, but money is money and it all goes to the bottom line regardless of how it is acquired...and you can't simply look at ticket prices alone because it's not the only way the teams pick the pockets of their patrons...and sorry, but not all teams have big TV deals.
...no one has said that the money taken in from TV deals doesn't matter, because is does...but by the same token, implying that the money from the fans' pockets during games doesn't really matter is silly, because it does.

 

I said that ticket revenues for "major market teams" were 'inconsequential", and I didn't say the money didn't matter, these guys will count every penny. To drill down to specifics, let's talk only about the Yankees because this started over statements about their tix pricing. The Yanks care most about the top 20% of their business that generates 80% of their revenue. That means the sale of YES and the cable deal, Everything else is icing for them. Those other revenue streams are seasonal, they fluctuate and can't be counted on.

40,888 x $51.55 = $21M using 2013 numbers, where total revenues were $461M. That's 4.6% to put it into perspective. So if your main focus is on the cable deals and live viewing of games remotely, in stadium activities are a minor focus. Thus someone ran the numbers and it showed that selling $500/seat where they used to sell that same seat for $100 was more profitable. You can argue with this all you like but facts are facts.... Your avg Joe fan in the stands don't matter. They matter more in front of their TVs and computers.

 

...lemme simplify this and hopefully put an end to this silliness...do you seriously think that ticket revenues and other revenues generated by the fans at the stadium are "inconsequential" to the Steins?

 

Oh and for the record, I'm not a fan of the high ticket prices. Its just that I'm not naive enough to think that they are a result of player salary increases. That's like saying the price hike for the new iPhone/iPad was because the Apple Board gave themselves a pay raise.

I've paid $500/seat for the privilege to see a game in Yankees Stadium, something my sister and I will never forget. It was an awesome experience. But I don't recall the thank you card from Jeter for the $1.

 

Just talking about the money at the gate/turn styles.....yup, its icing on the cake. If it mattered to them then seats would be priced to be sold out each and every night...right?

 

Scherzer to the Ms would be very interesting.

 

Head.....................................................................................................meet wall.