Quote:
Originally Posted by sureLoss
How are you getting $8000?
150 000 000 / 41 home games / 19 000 seats = $192.55 average seat cost for the Flames to generate $150 million in ticket sales.
Which is still relatively high, but the facility fee is supposed to be also collected from Hitmen, Roughneck, and other non CSEC commercial events (i.e. concerts) which I think is part of the projected $150 million. So it is plausible IMO.
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150,000,000 / 19000 = 7894 per seat for all sources each year. I was trying to figure out what the average ticket price would need to be across all events to see if it’s reasonable. Hitmen and Roughnecks make up about 50 dates in the $20-$40 range and 10kish people??? So on a per seat basis 10k*$40*50 events/19k gives about $1000 per seat. Flames is somewhere around $100 per ticket in the old building??? So say 4K per seat in flames revenue, So on a per seat basis 10k*$40*50 events/19k gives about $1000 per seat.
So that is 5000/8000. So need about 30 concert dates?? Or am I underestimating the flames game portion. Overall it seems pretty close certainly within 20%.
In the city report it identified as not meeting revenue projections as a high risk item and that the calculations for the revenue from those sources were done by others (I assume that means the flames).