Phoenix LXIV: Will You Still Need Me, Will You Still Read Me, on Thread LXIV?
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11-15-2012, 12:29 PM
Join Date: Feb 2012
Originally Posted by
I can't fathom how it can possibly be more than $60,000 a game. We're talking a temporarily-high 2.9% municipal tax rate, so $60,000 would translate to $2,068,920 per game in sales directly relating to the Coyotes. Meaning those sales wouldn't happen at the Job / Westgate without a Coyotes game.
Figure 12,000 fans a game (to be generous, that's historically high for Oct and Nov) and that works out to each Coyotes fan paying $172 for a night of Coyotes hockey. So, in addition to a $35 ticket and maybe $25 for dinner, plus $0 for parking, the average fan must also spend $112 in beer and/or new sneakers before and after the game. Sorry, the math doesn't add up. No way are the 'Yotes directly responsible for $60,000 per game in city tax revenue. The concept that the real number is "much higher" is laughable - when has the city ever under-estimated how much money the Coyotes bring in for the city? Never.
I also call shananigans on the idea that the NFL will move the SuperBowl they have already awarded to Arizona simply becuase Jimmy Buffet's Margaritaville across the parking lot closes up shop. Nice try though. And of course lest we forget the last SuperBowl that Glendale hosted actually cost the city about $2 million. Yes, they lost money hosting the SuperBowl. Good work, guys!
Well there is a $2.25 surcharge on every ticket. So at 12,000 fans per game thats $27K. They are also hoping that with stable ownership they can get back to the 15K fans per game level they used to get which gets them to about $34K. So they would only have to make up $26K in other ways thats $897K worth of spending so that means each of $15K fans would average $60. Still doubtful
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