Balsillie/Phoenix Part VI
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06-09-2009, 03:54 PM
Join Date: Jun 2008
Originally Posted by
Right, but you're talking about a long-tenure stay. If one percent of Sabres fans are would-be Hamilton fans, at $40 a ticket, it's $3.2 million a year the Sabres lose. Which doesn't seem like much. Even $3.2 million over 30 years is less than a $100 million fee (not counting any inflation! ha!)
Consider that the Islanders have been in the NY Rangers market for 37 years, are locked in another seven and could be there for another 100. Every single NY Islanders fan EVER probably would be a Rangers fan if the Isles never came along. I've spent
on the Islanders in my life, and I didn't exist in 1972 when the Islanders paid a $4 million fee.
You are talking about generations of fans. Sure, some loyal fans in Canada have always rooted for the Sabres, and still will.
But what about their kids? A 20-year old in St Catherine's sticks with the Sabres, makes a trip there a year and buys a ticket.
In 10 years his son becomes a Hamilton fan, now for Christmas, they give the kid a Hamilton sweater instead of Sabres sweater. They make one trip a year, but now it to Hamilton instead of Buffalo.
They will feel the impact for generations.
Assuming 95% attendance thats about 17,750 a game. One percent is 178 per game.
$40 per ticket (high by the way) is $7,120 per game. 41 games is $291,920 per year. Not exactly mind blowing. I believe you are calculating 10% of fans not showing up.
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