Quote:
Originally Posted by Parallex
It's also not really "gone" the economic activity that generates the revenue that pays the players remains... it just gets shifted to different areas. It's not like season ticket holders will take the money they spend on hockey, dump it into a pile and literally burn it. It'll just be reinvested into different leisure activities.
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For the fan that goes to one or two games a year, yes I agree that they will simply spend their entertainment dollars elsewhere within the city.
But for STHs (the vast majority of the revenues), I disagree with this sentiment. The average pair of seats runs between $8 and $10 thousand a year. Do you really think that STHs are going to take than $10K and just go to Applebee's more often?
I, for one, will spend 100% of it on travel. And while I am not suggesting for one second that all STHs will spend all of it on travel, I would certainly posit that a good chunk of that foregone revenue is not going to be spent at Applebee's or the local Irish pub.