I clicked on the link to Forbes from Defenderdawg that references the Giants lost revenue...
According to a report by Forbes, the Giants could lose an estimated $262 million in team stadium revenue and an estimated $519 million in total revenue if conditions do not permit the admittance of fans in the stands this fall. |
But revenues tell only half the story: what about expenses? To quote revenues without quoting expenses doesn't paint the proper picture on lost income. I get that there will still be stadium expenses even without fans, but it will be only a fraction of what it would be with fans.
I wish the article would've given us an idea of those expenses, because I have no idea. Just like I had no idea what their revenues were. So to tell me one without the other really tells me nothing at all. I already knew that teams would be losing millions, but if you want to quantify it, don't give me half of the equation and expect me to fill in the rest.
From Forbes: Lost revenue... - (
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If only it were lattes and not a 20th vacation home, or a private jet.
Their rainy day fund will be introducing PPV games eventually...
You zeroed on the unspoken reality - blackouts or the entire league. Sucks, but it is what it is.
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What does that do to the "sold out" requirement to air on free tv?
You zeroed on the unspoken reality - blackouts or the entire league. Sucks, but it is what it is.
Haha, how funny would that be.
A few weeks ago Schefter said the estimates he'd heard from exces and owners were a decline of $30MM to $80MM if there's no attendance this year. That's obviously a huge range, so it's awfully imprecise, but at the high end it'd be a 40% reduction.
There is going to be SOME level of drop-off because of precaution/fear/apathy about attending a venue with thousands of other people.
Its only a matter of time til everything is open
That rule is a league rule, they could easily relax that rule if they wanted to.
Also if they don't sell any tickets, then they are sold out if no one buys tickets.
My suggestion? If you’re worried about getting covid don’t go to a stadium full of people. But it’s ridiculous to completely cancel in person attendance. Someone mentioned Disney reopening and that’s great news for the world. At some point we need to get past the fear learn to live with this virus.
It's not that simple. Someone who goes to an NFL game because they're not worried about getting the virus can still give the virus to others.
I don’t care about the NFL or the owners but I do care about the people who work inside the stadiums and facilities. It’s a big blow to likely thousands of workers across the league if there are no fans.
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What does that do to the "sold out" requirement to air on free tv?
That rule is a league rule, they could easily relax that rule if they wanted to.
Also if they don't sell any tickets, then they are sold out if no one buys tickets.
If there are no fans in the stadium and no games on TV then why even have a season?
Gerrit Cole approx per annum $35,000,000 divided by 162 = game salary.
Game salary x games scheduled = pay for the season. Post season remains the same as per previous years.
Would that not be the way to do that?
However, the advertisers would go crazy. Especially the local advertisers. Why shell out thousands of bucks per minute of advertising directed at fans who aren’t in your market area? Advertisers would pull back or pressure the networks and networks would pressure the league.
Link - ( New Window )
You want to try to get some of your psl cost back if you aren’t allowed to buy tickets? You are probably justified but good luck with that.
Agreed, and for that POS Stadium to boot?
Radio. How is this hard to understand?
The whole PSL thing sent me packing after we had tickets in our family for generations.
Worse seats, away from the people I had been sitting with for generations, in a lousy stadium, increased ticket costs, mandatory "season tickets" for parking including the ridiculous "exhibition games" (not preseason, as they tried to have us all refer to them as) and a lousy product for ten years.
Cry me a river...
Cry me a river...
Here you go.... - ( New Window )
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I would be asking for some type of compensation from the Giants. I need to go back and ready my PSL contract.
You want to try to get some of your psl cost back if you aren’t allowed to buy tickets? You are probably justified but good luck with that.
No.. but I would settle for half price tickets the following year.
Sports owners as a group have been price-gouging fans since the advent of sports. The enjoy a league-wide monopoly (which I support for the sake of the product), and prey on the emotional ties people have to their sports teams (and the importance of sharing it with their children). They siphon taxpayer money for unnecessary publicly funded stadiums.
Let them eat tickets
I would think we would see less mistakes on both sides of the ball, as both sides will clearly be able to hear audibles and communicate with one another.
If the stands are empty, I hope they do that. Otherwise, I hope they make a hard turn the other way and test out giving us more access to audio. Perhaps we can hear-- like a pit crew-- the communications between the coaches and players simultaneously leading up to the time that the communication cuts out to players that have the radios in their helmets.
This could be the future of "spectator" sports. Wild thought that we may see the end of the large stadium/arena venues and see smaller theater type arenas. Fans can then go to smaller sports bars etc for a fee or pay to watch from home....Yikes.
Are you expecting a new pandemic every year?
What do you think those tickets would sell for in the secondary market?
I think there will be very little fear once there's a vaccine, which I imagine will be by the 2021 NFL season, give or take. I also think when you look around the country, there are plenty of people for whom the fear factor is already quite low. Going to the mall isn't the same as going to a 70K event, but it's clear plenty of people have already convinced themselves there's not much reason for concern. If left completely up to the fans, I think sporting events this summer and fall would already have decent capacity (though that would surely vary by region). A year or so from now there will certainly be people uncomfortable going to big events, but I think it will be a minority, and sports crowds, concerts, etc... will be back with a vengeance.