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Originally Posted by Bingo
Which is why I said the resale price would be higher (that doesn't go to the teams it's to ticket holders).
And then went on to solve for ticket price to make your 36% work outside of the $135 I found online.
The bottom line ... 36% doesn't work unless you think the average ticket price is $74 and beer and popcorn and a hat are all free for NHL ticket holders.
But I'll do it again.
17380 average attendance
31 teams
45 games
That's 24.2M tickets sold
36% of $5B is $1.8B
$1.8B/24.2M is $74 but that has to include concessions etc.
So given the price of beer these days you're now down to what $55/ticket
That's not what I'm seeing in the NHL.
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I think my last response already covered most of this.
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I don't need to see raw data (which I have for attendance) when the math can't possibly get to 36%
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I think if you saw the raw data you’d realize how your overly simplified formulas don’t paint an accurate picture. Whether it’s intentional or not your calculation ignores a number of factors that contribute to the inaccuracies arising from your math. I’m sure you know enough about the business side of the league to know that season ticket holders pay significantly less than face value and/or secondary market prices and that average attendance is not the same thing as average paid attendance. Both factors significantly reduce what the average attendee actually pays to the league to go see a game compared to the average secondary market ticket price.
I would not be surprised if the average ticket price paid to the league was less than half of what on average is paid for a secondary market ticket. Teams in high demand inflate that market but teams in low demand don’t really deflate it because most folks won’t buy season tickets to resell them at a loss.