southsider2k5 Posted November 19, 2003 Share Posted November 19, 2003 http://sports.espn.go.com/mlb/news/story?id=1664877 But the most interesting line is that it takes 100,000 people in attendance to generate $2 mil worth of salary. So in other words in order to sign a Matsui at $5 mil per year you would have to generate 250,000 people in new attendance. Quote Link to comment Share on other sites More sharing options...
Gene Honda Civic Posted November 19, 2003 Share Posted November 19, 2003 http://sports.espn.go.com/mlb/news/story?id=1664877 But the most interesting line is that it takes 100,000 people in attendance to generate $2 mil worth of salary. So in other words in order to sign a Matsui at $5 mil per year you would have to generate 250,000 people in new attendance. That's faulty logic on the brewer's part... 100,000 * $20 does equal 2 mill, but that's not thier only revenue source. I was just at the blackhawks/redwings game and i was Marveling at the shear amount ot of beer and food being sold at rediculous mark-ups. That's not even to mention parking at $13 a car, and souvenier sales. Quote Link to comment Share on other sites More sharing options...
southsider2k5 Posted November 19, 2003 Author Share Posted November 19, 2003 That's faulty logic on the brewer's part... 100,000 * $20 does equal 2 mill, but that's not thier only revenue source. I was just at the blackhawks/redwings game and i was Marveling at the shear amount ot of beer and food being sold at rediculous mark-ups. That's not even to mention parking at $13 a car, and souvenier sales. That's not the Brewers #, that is the "industry" number average. That would include freebies and cheap seats along with the expensive stuff. Quote Link to comment Share on other sites More sharing options...
Gene Honda Civic Posted November 19, 2003 Share Posted November 19, 2003 That's not the Brewers #, that is the "industry" number average. That would include freebies and cheap seats along with the expensive stuff. I was acknowledging the fact that 100,000 tickets sold generates 2 MIL, but that is not thier only revenue source. That has to be figured into the equation somehow. Quote Link to comment Share on other sites More sharing options...
Chisoxfn Posted November 19, 2003 Share Posted November 19, 2003 Also remember their costs of all the employees and all that stuff too. Quote Link to comment Share on other sites More sharing options...
elrockinMT Posted November 19, 2003 Share Posted November 19, 2003 Maybe they should fire Bud Selig instead? Quote Link to comment Share on other sites More sharing options...
cwsox Posted November 19, 2003 Share Posted November 19, 2003 That's faulty logic on the brewer's part... 100,000 * $20 does equal 2 mill, but that's not thier only revenue source. I don't know about that. Wasn't Miller a publicly financed deal? If so it is very possible that things such as parking go to another source. Concessions are surely contracted out and probably more for a fixed amount or general revenue streams than straioght out percentages. Baseball has never opened the books and I wish they would but I don't think we can assume that every cent spent on the premises goes to the ball club. Quote Link to comment Share on other sites More sharing options...
cwsox Posted November 19, 2003 Share Posted November 19, 2003 Maybe they should fire Bud Selig instead? Save baseball. Smoke Bud. that was the signature of someone on the Oakland As MLB board. Quote Link to comment Share on other sites More sharing options...
Yossarian Posted November 19, 2003 Share Posted November 19, 2003 http://sports.espn.go.com/mlb/news/story?id=1664877 But the most interesting line is that it takes 100,000 people in attendance to generate $2 mil worth of salary. So in other words in order to sign a Matsui at $5 mil per year you would have to generate 250,000 people in new attendance. So much for promoting minority hiring. This guy is very bright with a good track record. What the story doesn't tell you is that he was shown the door because his bosses have no commitment to winning and he refused to be a flunky. I give the guy a lot of credit and hope he lands on his feet somewhere and sticks it to the Brewers. This story is so shameful on so many levels and the story linked is oblivious to all of them, although I do thank SS2K4 for the link. Quote Link to comment Share on other sites More sharing options...
Wise Master Buehrle Posted November 20, 2003 Share Posted November 20, 2003 http://sports.espn.go.com/mlb/news/story?id=1664877 But the most interesting line is that it takes 100,000 people in attendance to generate $2 mil worth of salary. So in other words in order to sign a Matsui at $5 mil per year you would have to generate 250,000 people in new attendance. Don't forget Matsui would bring in nice revenue from Japan with the Japanese broadcasting the games. Quote Link to comment Share on other sites More sharing options...
Rex Hudler Posted November 20, 2003 Share Posted November 20, 2003 http://sports.espn.go.com/mlb/news/story?id=1664877 But the most interesting line is that it takes 100,000 people in attendance to generate $2 mil worth of salary. So in other words in order to sign a Matsui at $5 mil per year you would have to generate 250,000 people in new attendance. Citing industry standards, the Journal Sentinel equates $2 million in revenue with each 100,000 in attendance. To clarify, it equates $2 million in REVENUE with each 100,000 in attendance. Revenue does not equal bottom line profit. It does not take into consideration the costs associated with the revenue. Quote Link to comment Share on other sites More sharing options...
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