OFFICIAL Around The NBA Thread- December 2020

"Gate" - food, beer, wine, soft drinks, parking, souveniers, licensed apparel, ticket sales, etc. Seems like it makes quite a bit of sense. The only revenue left is TV contracts.

 

I don't think he was questioning the $1 mil number. The quote is confusing as to intent and is wrong either way. If the intent is to say that there will be five fewer home games this season, then that's a loss of $5 mil over what a regular season would gross. OTOH, if the intent is to say that there won't be any revenue from home games at all this season due to no attendance as a result of Covid-19, then Wisenheimer is right. Teams will be losing $41 mil off of what a normal season of home games would generate.

 

Thank you, that was the point I was trying to make.

 

right...that was the assumption they were basing their number on

I'm really not sure what they are using as the definition of 'gate', but the last estimate I saw was 1.2M per home game, on average. So, about 50M in lost gate revenue, on average. But I'm thinking that would not include revenue from parking, food & beverage, and merchandising sales. So it might be quite a bit higher than 40-50M in lost revenue.

might even be more than the 61M Portland has to pay Dame and CJ this season

 

Personally, I think we'll see fans at the games by April or so, so the losses may be somewhat less that. You know, I think that Ms. Allen probably has enough dough to cover the temporary shortfall. You know who's going to pay for it in the long run: fans. You can bet that ticket prices will go up significantly once Covid is in the rearview mirror in order to help recoup the lost revenue.

 

Jody Allen probably won't worry much about the loss from Blazer home games considering Forbes says she's probably losing 25M/game from the Seahawks. That could be around 200M for the NFL season. And that wouldn't include lost playoff revenue

it's relative of course, but she's likely going to 'feel' the loss of a quarter billion dollars in revenue from her sports holdings

 

LeBron's extension came out of nowhere.

 

Of course, but I think you're thinking of it in too short of a timeframe. The Blazers are estimated to be worth $1.85 billion. The goal has to be to get through Covid while maintaining the Blazers' brand so that there will be fan interest in buying tickets and merchandise, at higher prices of course, once the pandemic ends.

 

And the assumption fails to take into account that some states may allow less-than-full capacity crowds.

At least some of that is surely offset by operating costs when everything is up and running.

Short story, it's a super complicated mini-economy that cannot be captured remotely accurately in a tweet.

 

sure....I know that

I was just commenting on that tweet, the assumptions it made, and the details it omitted

 

That’s actually when I was cool with him. Wish I could photoshop him out of this one!

 

I’m close with the Toronto TV guys and they told me that the Raptors bent over backwards to do special shit for him. Letting him bring his girl on the team plane which absolutely forbidden. Hiring his childhood friends. Crazy shit!

 

Disagree fans will pay extra.

The NBA has been trying to maximize revenue already.... its not like they had room the last few years to jack up ticket prices and demand would stay the same. Many arenas had tons of empty seats. Increase prices and they may lose enough seat sales total revenue goes down.

The NBA will charge you every penny they can pre during and post pandemic.

So rest assured you won't be paying extra post covid. You already were.

 

There won't in portland or California.

 

Yet miami made no priority to sign him but quickly signed Meyers Leonard to the same amount we gave Jones Jr..

 

Now that you mention it, it's a heightened version of what Portland went through with Aldridge toward the end ... imagine having two divas like that on one team in SA! I'm suddenly very impressed that they kept it together as well as they did.

Toronto did everything they could to make Kawhi feel fully embraced in free agency, and he treated them like a nasty old gym sock.

 

Not to start with, but I bet there will by April or so. Proof of vaccination required?

 

Miami is well stocked with wings. Not so much centers.

 

General public won't get vaccines until late May. Maybe they will have some "Front line workers night" or something.

 

If you hate on KLeonard, you should be hating on Jordan - he was worse.