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6/18 Sox @ D-Backs 7:10 PM, WGN


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QUOTE (Dick Allen @ Jun 18, 2011 -> 10:07 PM)
If the average payroll was $30-40 million, it wouldn't cost as much to go to a game. They charge what they think they can get away with. Beers wouldn't be $7.25. People stopped filling the bleachers at Wrigley so the Cubs started dropping prices for beer and hot dogs.

If the average payroll was that low, then the owners would take home a lot more money. Prices are set by supply and demand, basic economics, you maximize revenue over a period of time by selling some fraction of your available seats.

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QUOTE (Dick Allen @ Jun 18, 2011 -> 10:07 PM)
If the average payroll was $30-40 million, it wouldn't cost as much to go to a game. They charge what they think they can get away with. Beers wouldn't be $7.25. People stopped filling the bleachers at Wrigley so the Cubs started dropping prices for beer and hot dogs.

 

Owners are businessmen. Why would they charge less just because they have lower fixed costs? They would just make even greater profits.

 

EDIT: yeah, what Balta said.

Edited by MattZakrowski
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QUOTE (Balta1701 @ Jun 18, 2011 -> 09:07 PM)
No they won't. Revenue is going up every year. That's what matters.

Just like the stock market went up every year and real estate value went up every year. Eventually the bubble will burst. Just around me, there are a lot more people talking about dumping their tickets not just because the Sox haven't been very good, but because justifying the cost is getting harder and harder. There was an article yesterday or Thursday about brokers stuck with Cubs tickets. Winning is always at least a temporary cure, but I think its starting to get close to the point teams have to start freezing prices. The Yankees had to lower them after they priced some ridiculously. The Knicks are screwing some long time ticketholders by upping their costs over 100 percent.

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Lillibridge keeping that ball in the park, or from bouncing off the wall saved the run there...even though he didn't come up with it, he still might have saved the lead, whereas Pierre would have most likely not gotten there in time.

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QUOTE (Dick Allen @ Jun 18, 2011 -> 10:15 PM)
Just like the stock market went up every year and real estate value went up every year. Eventually the bubble will burst. Just around me, there are a lot more people talking about dumping their tickets not just because the Sox haven't been very good, but because justifying the cost is getting harder and harder. There was an article yesterday or Thursday about brokers stuck with Cubs tickets. Winning is always at least a temporary cure, but I think its starting to get close to the point teams have to start freezing prices. The Yankees had to lower them after they priced some ridiculously. The Knicks are screwing some long time ticketholders by upping their costs over 100 percent.

The Knicks are screwing ticketholders because there is demand for those tickets

 

Comparing this to wall street is just nuts. No one is using baseball tickets to hide losses or betting 100x on the future price of tickets.

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QUOTE (Balta1701 @ Jun 18, 2011 -> 08:19 PM)
Wow Heilman is still in the league. Remember him bein a mets spect before the Humber generation.

I can't remember how many times he was going to be traded to the A's for Barry Zito.

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QUOTE (MattZakrowski @ Jun 18, 2011 -> 09:09 PM)
Owners are businessmen. Why would they charge less just because they have lower fixed costs? They would just make even greater profits.

 

EDIT: yeah, what Balta said.

Because they wouldn't be able to justify it to their customers so their customers wouldn't pay the price. Its one thing to say to your fanbase, we raised payroll $25 million so we need to raise ticket prices. It wouldn't go over too well with the customers to clear $80 million in ticket sales alone and have a payroll of $30 million. Its probably the biggest reason JR has had his lackies say the Sox break even every year.

 

 

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QUOTE (Balta1701 @ Jun 18, 2011 -> 09:18 PM)
The Knicks are screwing ticketholders because there is demand for those tickets

 

Comparing this to wall street is just nuts. No one is using baseball tickets to hide losses or betting 100x on the future price of tickets.

 

Don't think he was trying to do that.

 

The idea simply was that people feel a lot more financial insecurity because of the declines of their retirement nest eggs, their 401-k's, profit-sharing...and they can no longer count on their home appreciating and borrowing against that asset.

 

Liquid assets are becoming more and more important....so it's understandable that families are thinking long and hard about this.

 

I have a cousin in Plano who's had Dallas Cowboys season tickets in his family for 30+ years and he finally gave them up because of the escalating costs and the struggles his IT company has been having the last 3-5 years during the recession.

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