View Single Post
Old 12-08-2020, 02:48 PM   #465
Bingo
Owner
 
Bingo's Avatar
 
Join Date: Dec 2001
Location: Calgary
Exp:
Default

Quote:
Originally Posted by iggy_oi View Post
From the reports I’ve read, the $1.7M/game is the number the 36% figure is based on. Which makes sense since I read that ticket revenue is around an average of $1.3M/game and that would fall short of being 36% of revenue.



It’s actually ridiculously challenging to find some of these answers as a lot of sports journalists seem to just throw out these numbers without giving very much context on how they were calculated. Which is too bad because it would probably help paint a much more complet picture.



Even simpler math with less assumptions would suggest that a league that has received $1.15B dollars in expansion fees over the last few years ought to be able to stay afloat in spite of that cost.

It’s pretty obvious that the season will go ahead so the owners are clearly capable of absorbing a big hit, I’m not saying it’s the right, wrong or best way to go about this, but it really makes me question why so many opinion pieces were speculating that this would put the league, its teams and/or the season in jeopardy when it’s becoming pretty clear that that is not the case.
How do you get to 36% then.

$1.75M all in as you agreed x 45 games (includes playoffs) x 31 teams is $2.44B

If that's 36% then league revenue is $6.8B not $5B.

Seems to me the 36% is incorrect.

And expansion aside, the players getting 72% and no gate revenue would be a $1.1B loss. The assumptions aren't all that extreme in arriving there.
Bingo is offline   Reply With Quote
The Following User Says Thank You to Bingo For This Useful Post: