Calgarypuck Forums - The Unofficial Calgary Flames Fan Community - View Single Post - When will next season start? Return to Play Negotiations

Bingo · 11-19-2020, 01:43 PM

I haven't dug into the details, but from a distance I think this is more about escrow timing than anything.

The escrow true up will solve whatever the revenue short fall is ... in time. But if they set the ratio to games played when the actual pie shrink will be more than that. And if that's the case some teams may not make it out the other side.

It's not a simple proration.

Did some digging on revenues and roughly the following seems to be true.

Total Revenue - $5B USD
Tickets & Concession 44% or $2.2B
TV 49% or $2.4B
Other 7% or $0.4B

If they play say 56 games it's not as simple as 56/82 * $5B. The proration works for TV and it works for "other", but the first category becomes zero.

At zero for tickets and concession etc the pie shrinks to $1.9B or 38% of the 2018-19 season.

That's not easy to finance as you wait for the escrow smoothing to fix things.

11-19-2020, 01:43 PM	#90
Bingo Owner Join Date: Dec 2001 Location: Calgary Exp:	I haven't dug into the details, but from a distance I think this is more about escrow timing than anything. The escrow true up will solve whatever the revenue short fall is ... in time. But if they set the ratio to games played when the actual pie shrink will be more than that. And if that's the case some teams may not make it out the other side. It's not a simple proration. Did some digging on revenues and roughly the following seems to be true. Total Revenue - $5B USD Tickets & Concession 44% or $2.2B TV 49% or $2.4B Other 7% or $0.4B If they play say 56 games it's not as simple as 56/82 * $5B. The proration works for TV and it works for "other", but the first category becomes zero. At zero for tickets and concession etc the pie shrinks to $1.9B or 38% of the 2018-19 season. That's not easy to finance as you wait for the escrow smoothing to fix things.