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The article about lost revenue if no fans in stadium...

Milton : 5/27/2020 5:29 pm
I clicked on the link to Forbes from Defenderdawg that references the Giants lost revenue...
Quote:
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... - ( New Window )
I don’t know why fans  
Oscar : 5/27/2020 5:47 pm : link
Are expected to give a shit about lost revenues for the league or owners. Boohoo, your money machine has reduced output for a year. Maybe cut back on lattes and build up a rainy day fund?
RE: I don’t know why fans  
Default : 5/27/2020 5:50 pm : link
In comment 14912103 Oscar said:
Quote:
Are expected to give a shit about lost revenues for the league or owners. Boohoo, your money machine has reduced output for a year. Maybe cut back on lattes and build up a rainy day fund?


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...
Given how pricey tickets, concessions and merchandise are,  
81_Great_Dane : 5/27/2020 5:54 pm : link
and how much luxury boxes go for, the revenue per fan in attendance must absolutely dwarf the expenses of opening the stadium. Ushers, the people who cook the hot dogs and pour the beer, servers in the suites, the parking attendants, the cleaning crew, the facilities management people and security, all of it... most of those people are paid peanuts compared with the money people pay. Ok, throw in maintenance and upkeep (a lot of which has to be done anyway), electricity, grounds crew... still peanuts. It's millions, mind you, but the revenue is hundreds of millions. The margin on all that stuff could easily be 90%+.
I’m interested in the impact to the salary cap  
ron mexico : 5/27/2020 5:55 pm : link
I think the Maras will be fine, but They are just not only losing out on NFL revenue, but also concerts and all other events that would normally go on
The revenue from parking  
Jersey Heel : 5/27/2020 6:13 pm : link
Alone must be ridiculous. I don’t mind seeing owners suffer a bit. Hundreds on tickets. Now your family wants to actually attend the event you bought the tickets for? That’ll be $50 to park, sir.
Boo fucking hoo  
Bold Ruler : Mod : 5/27/2020 6:21 pm : link
Unemployed since March 19, 2020.
And if the stadiums are empty  
liteamorn : 5/27/2020 6:54 pm : link
What does that do to the "sold out" requirement to air on free tv?
RE: And if the stadiums are empty  
Mad Mike : 5/27/2020 7:22 pm : link
In comment 14912158 liteamorn said:
Quote:
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.
RE: RE: And if the stadiums are empty  
ron mexico : 5/27/2020 7:23 pm : link
In comment 14912174 Mad Mike said:
Quote:
In comment 14912158 liteamorn said:


Quote:


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.
RE: I’m interested in the impact to the salary cap  
Mad Mike : 5/27/2020 7:25 pm : link
In comment 14912111 ron mexico said:
Quote:
I think the Maras will be fine, but They are just not only losing out on NFL revenue, but also concerts and all other events that would normally go on

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.
Even if fans are allowed  
Ben in Tampa : 5/27/2020 7:29 pm : link
revenues are going to be down, probably low double digits.

There is going to be SOME level of drop-off because of precaution/fear/apathy about attending a venue with thousands of other people.
Disney is opening July 11th  
Saquon'sQuadz : 5/27/2020 7:39 pm : link
Universal June 5th...

Its only a matter of time til everything is open
I'm going to cry myself to sleep that Mara & Tisch  
SFGFNCGiantsFan : 5/27/2020 7:44 pm : link
won't be making more $...
RE: And if the stadiums are empty  
Scyber : 5/27/2020 7:53 pm : link
In comment 14912158 liteamorn said:
Quote:
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.
No one should care about the owners but...  
trueblueinpw : 5/27/2020 9:55 pm : link
There’s a lot of people that work and earn a living around NFL stadiums and events. And there’s all the lost tax revenue.

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.
RE: No one should care about the owners but...  
Jim in Tampa : 5/27/2020 10:13 pm : link
In comment 14912280 trueblueinpw said:
Quote:
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.

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.
RE: I don’t know why fans  
UConn4523 : 5/27/2020 10:22 pm : link
In comment 14912103 Oscar said:
Quote:
Are expected to give a shit about lost revenues for the league or owners. Boohoo, your money machine has reduced output for a year. Maybe cut back on lattes and build up a rainy day fund?


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.
RE: RE: And if the stadiums are empty  
nochance : 5/28/2020 8:20 am : link
In comment 14912205 Scyber said:
Quote:
In comment 14912158 liteamorn said:


Quote:


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?
This should not be so difficult.  
section125 : 5/28/2020 8:29 am : link
Pay by the game. Games divided into contract gives the $$ per game then multiple by scheduled # of games.
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?
As a PSL holder...  
EricJ : 5/28/2020 8:38 am : link
I would be asking for some type of compensation from the Giants. I need to go back and ready my PSL contract.
Remember that the blackout rule only affects the viewing area of the  
Ivan15 : 5/28/2020 8:39 am : link
Home team. The visiting team fans would still see the game. And other games.

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.
The blackout rule has been suspended since 2015  
ron mexico : 5/28/2020 8:52 am : link
.
Link - ( New Window )
RE: As a PSL holder...  
ron mexico : 5/28/2020 9:18 am : link
In comment 14912368 EricJ said:
Quote:
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.
Maybe they could start a GoFundMe...  
x meadowlander : 5/28/2020 1:39 pm : link
...or the owners's could sell candy in front of WalMart or - I think they're hiring contact tracers, no? Couldn't they make some money that way?
PSL holders are the biggest suckers ever...  
x meadowlander : 5/28/2020 1:40 pm : link
… I still can't believe people went for that.
RE: PSL holders are the biggest suckers ever...  
Sec 103 : 5/28/2020 3:07 pm : link
In comment 14912611 x meadowlander said:
Quote:
… I still can't believe people went for that.

Agreed, and for that POS Stadium to boot?
I tell you this much  
Matt M. : 5/28/2020 3:16 pm : link
if and when they got to PPV games, I'm out.
RE: RE: RE: And if the stadiums are empty  
Mad Mike : 5/28/2020 3:29 pm : link
In comment 14912363 nochance said:
Quote:
If there are no fans in the stadium and no games on TV then why even have a season?

Radio. How is this hard to understand?
Karma for PSLs  
arniefez : 5/28/2020 3:41 pm : link
Chris Mara might have to sell a horse?
Add me as one who has no sympathy for the owners  
dannysection 313 : 5/28/2020 7:11 pm : link
Screw Mara.

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...
While I'm not shedding tears for the owners,  
SFGFNCGiantsFan : 5/28/2020 7:27 pm : link
I feel bad for stadium workers, the guy hawking you a hot dog or beer. This sucks for them.
RE: Add me as one who has no sympathy for the owners  
Milton : 5/28/2020 7:51 pm : link
In comment 14912754 dannysection 313 said:
Quote:
Screw Mara. 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...

Here you go.... - ( New Window )
RE: RE: As a PSL holder...  
EricJ : 5/28/2020 9:51 pm : link
In comment 14912396 ron mexico said:
Quote:
In comment 14912368 EricJ said:


Quote:


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.
Years ago I once said,  
Bubba : 5/29/2020 7:29 am : link
as kind of a joke, that the NFL may become TV studio sport. All you need is a field and goal posts. If Disney gets involved watch out it may happen sooner than later.
I feel badly for stadium workers  
PaulBlakeTSU : 5/29/2020 9:38 am : link
and local businesses that rely on game day foot traffic. But I couldn't care less about the lost revenues for the owners.

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

How will no fans affect the game on the field?  
Eli Wilson : 5/29/2020 9:50 am : link
Will it erase home field advantage?

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.
Eli Wilson  
arniefez : 5/29/2020 9:52 am : link
I think it will be less exciting to watch with no or fake crowd noise. I think it will expose the brutality and violence a little more and I think TV will have to mic the field differently.
I watched Der Klassicker the other day  
PaulBlakeTSU : 5/29/2020 10:22 am : link
(Bayern Munich vs. Dortmund) and the used fake crowd noise throughout the game and until the cameras zoomed out and showed the stadium, I would forget that there weren't actual fans in the stands. It's different in soccer as the chants and noise tend to be steadier and more consistent, but I think the NFL can figure out a way to pipe in crowd noise for the viewers (rising on 3rd down defenses, booing penalties against the home team, etc.).

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.
Paul  
Bubba : 5/29/2020 1:48 pm : link
I think on the news today they also showed that monitors we set up all around the stadium where the fans were watching via zoom or similar and were able to chant from their living rooms. If I heard correctly their location corresponded to where they would have normally sat if attending.

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.
RE: Paul  
Mad Mike : 5/29/2020 2:19 pm : link
In comment 14913172 Bubba said:
Quote:
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?
Mad Mike  
Bubba : 5/29/2020 2:32 pm : link
Maybe not but the fear factor may last far beyond this one.
Let’s say they reduce capacity  
ron mexico : 5/29/2020 6:02 pm : link
And only release 40% of seats to Season ticket holders.

What do you think those tickets would sell for in the secondary market?
RE: Mad Mike  
Mad Mike : 5/29/2020 6:35 pm : link
In comment 14913212 Bubba said:
Quote:
Maybe not but the fear factor may last far beyond this one.

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.
Mad Mike  
Bubba : 5/30/2020 7:32 am : link
My comments were pretty much tongue in cheek. However I hope your assessment is correct.
Sorry if I can't feel  
XBRONX : 5/31/2020 8:48 am : link
bad for the owners and overpaid players.
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