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NHl announces they project more than 3.2 Billion in revenues
Like others, I call BS on Taylor getting a peek at the books. I did some rough and ready calculations, and this is what I came up with.
13K STs * $82 average price * 44 games = $46,904,000
880 walkups * $127 average price * 11 'A' games = $1,229,000
880 walkups * $114 average price * 19 'B' games = $1,906,000
880 walkups * $102 average price * 13 'C' games = $1,167,000
Total: $51,206,000
Per game: $1,164,000
Those 880 walkups aren't exactly accurate, as I (obviously) have no idea how many of the comp tickets were actually used versus made available to the general public.
I'm going to take the middle ground between Fourier and kdb, and say the Jets probably increased their gate revenue over Atlanta's by about $35M.
EDIT: Just realized, those walkup figures are far too conservative. The overwhelming majority of those walkups were lower bowl, which skews that average figure upwards (I was just taking the average $82 ticket price and multiplying it by the % MUs on each pricing tier). There may be some truth to those Scott Taylor numbers after all.
How many suites does MTS have? GHOST may know the per suite charge, so that will be a few more million.
And just for comparison here are the other big leagues:
NFL - $9B (2010)
MLB - $7.2B (2011)
NBA - $4.1B (2010-11)
NHL - $3.2B (2011-12)
MLS - $280M (2011)
PGA Tour almost $1B in revenue.
Formula One $1.6B (2010)
NASCAR claims $3B, but I've seen other estimates much smaller ($650M). NASCAR seems to count the full price of all licensed merchandise, not just their licensing fee.
And the estimates I've seen for the English Premier League are about 2.2 Billion pounds or about $3.5B in US dollars.
You cant find a walk up ticket for less then $100
And most I have ever found and $125+
I don't think Taylors numbers of $1.295 is very far off.
simply not true if we're considering walkup the 880 tickets referred to in that original post about Jets ticket prices. however... the vast majority are P3 or better, so not cheap.
And just for comparison here are the other big leagues:
NFL - $9B (2010)
MLB - $7.2B (2011)
NBA - $4.1B (2010-11)
NHL - $3.2B (2011-12)
MLS - $280M (2011)
PGA Tour almost $1B in revenue.
Formula One $1.6B (2010)
NASCAR claims $3B, but I've seen other estimates much smaller ($650M). NASCAR seems to count the full price of all licensed merchandise, not just their licensing fee.
And the estimates I've seen for the English Premier League are about 2.2 Billion pounds or about $3.5B in US dollars.
The interesting thing is the NHL is always talking about how much revenue they have, but not another important number, which is operating income. Comparison between sports. millions are used for ease of comparison.
NFL 2010 - $9,000M (revenue) $1,069M (income) .118 ( income to rev )
MLB 2011 - $7,200M (revenue) $494M (income) .069 ( income to rev )
NBA 2010 - $4,100M (revenue) $183M (income) .045 ( income to rev )
NHL 2011 - $3,000M (revenue) $160M (income) .053 ( income to rev )
Mind you I trust Scott Taylor about as far as I can throw him, and very much doubt that of all the journalists in Winnipeg he's the one they'd show confidential revenue numbers to.
he then began advocating moving every struggling team to Canada, the implication being Saskatoon and Halifax would be similarly successful. So yeah, make of it what you will.
The interesting thing is the NHL is always talking about how much revenue they have, but not another important number, which is operating income. Comparison between sports. millions are used for ease of comparison.
NFL 2010 - $9,000M (revenue) $1,069M (income) .118 ( income to rev )
MLB 2011 - $7,200M (revenue) $494M (income) .069 ( income to rev )
NBA 2010 - $4,100M (revenue) $183M (income) .045 ( income to rev )
NHL 2011 - $3,000M (revenue) $160M (income) .053 ( income to rev )
Yeah, the best (ie worst) are the minor college sports (everything but men's football and basketball) where they operate year in year out with massive deficits.
NCAA Track and Field has expenses 10-20x it's revenue. Most women's NCAA sports have expense about 10x revenue. Men have football which makes huge money, basketball which makes some, and then hockey, lacrosse, baseball, and soccer which have expenses at 2-5x revenue. The most successful women's sport, basketball, is actually the one that loses the most money.
And these are median #s for the top 120 NCAA schools. Now most of those don't have hockey or lacrosse, of course, but nearly all have women's basketball, most have men's baseball, and a majority have men's soccer.
College sports are a weird thing. Median women's basketball coach makes $350k (salary+benefits) to coach a team that pulls in $270k in revenue and incurs $2.2M in expenses.
Last edited by scotchex: 04-13-2012 at 03:22 PM.
Reason: typo
Like others, I call BS on Taylor getting a peek at the books. I did some rough and ready calculations, and this is what I came up with.
13K STs * $82 average price * 44 games = $46,904,000
880 walkups * $127 average price * 11 'A' games = $1,229,000
880 walkups * $114 average price * 19 'B' games = $1,906,000
880 walkups * $102 average price * 13 'C' games = $1,167,000
Total: $51,206,000
Per game: $1,164,000
Those 880 walkups aren't exactly accurate, as I (obviously) have no idea how many of the comp tickets were actually used versus made available to the general public.
I'm going to take the middle ground between Fourier and kdb, and say the Jets probably increased their gate revenue over Atlanta's by about $35M.
EDIT: Just realized, those walkup figures are far too conservative. The overwhelming majority of those walkups were lower bowl, which skews that average figure upwards (I was just taking the average $82 ticket price and multiplying it by the % MUs on each pricing tier). There may be some truth to those Scott Taylor numbers after all.
The number he quoted for Atlanta from last year was $330K. This number is the same as last year's leaked total for Atlanta. So he had at least one of the figures dead on.
This was an off the cuff remark, which tends to make me believe that he was telling the truth. And I almost never think anyone is telling the truth when it comes to the NHL and revenues.
How many suites does MTS have? GHOST may know the per suite charge, so that will be a few more million.
48 suites. Looking back at some old posts, I saw Gump Hasek mention an average suite price of 180K, which falls in line with the approximate $8.5M/year suite revenue that I could've sworn I heard somewhere.
he then began advocating moving every struggling team to Canada, the implication being Saskatoon and Halifax would be similarly successful. So yeah, make of it what you will.
Yes, but Scott Taylor in particular has a lot of credibility problems, from those that are public (being fired from the Free Press for plagiarism) to a variety of other factors I can't mention publicly.
What's bigger? ... The so-called failure, that so many complain about, of the "southern", non-hockey market teams, or the success of all the other teams? .... Because something doesn't add up. The NHL seems to be doing well, but yet some people claim that Bettman and southern expansion has destroyed the League.
Last edited by MoreOrr: 04-14-2012 at 06:15 PM.
Reason: tiny typo
simply not true if we're considering walkup the 880 tickets referred to in that original post about Jets ticket prices. however... the vast majority are P3 or better, so not cheap.
Any time i looked i couldnt find anything less then that
48 suites. Looking back at some old posts, I saw Gump Hasek mention an average suite price of 180K, which falls in line with the approximate $8.5M/year suite revenue that I could've sworn I heard somewhere.
There are 57 suites at MTSC
Quote:
MTS Centre renovations mean more sweet seats in the suites
We had to move the walls on some of the other suites. Some of them became a little smaller," he said.
However, in all the renovations, True North was able to boost the overall number of suites to 55 from 48. If you include two party suites, which may be sold to companies on the luxury-box waiting list, the suite count is now 57.
This is also interesting from Winnipeg. This market should provide a revenue increase of 3% each season for years to come.
Quote:
Brown said the overall seat count in the luxury boxes has also increased to slightly more than 1,000. He said all of the arena's suites have already sold out and there's a "significant" waiting list.
Brown said True North's extensive research previous to the MTS Centre opening in 2004 revealed the ideal size for the building in this market is 15,000. Despite last week's euphoria over season tickets, True North is taking the long-term view to ensure demand is high not just for this year, but for decades into the future, he said.
Derek Johannson, chairman of Carlyle Printing, is ready to commit to his half share of a prime, $250,000 suite — for 10 years. Suite holders must choose seven- or 10-year terms.
There are 48 suites in the MTS Centre, although True North has plans to divide the six larger ones, like Johannson’s 20-seater, into two 10-seaters (plus bar stools).
With 48 suites, at an average of around $180,000 each, True North stands to take in more than $8.6 million from the city’s well-heeled.
I have a question about how suites count towards revenue. In arenas like MSG, if you own a suite, you get into every event there. Let's say a suite there cost $1.75M (which some of them do), how much of that would count towards the Rangers' revenue?
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I have a question about how suites count towards revenue. In arenas like MSG, if you own a suite, you get into every event there. Let's say a suite there cost $1.75M (which some of them do), how much of that would count towards the Rangers' revenue?
Rangers HRR would be prorated by % of hockey events.
I have a question about how suites count towards revenue. In arenas like MSG, if you own a suite, you get into every event there. Let's say a suite there cost $1.75M (which some of them do), how much of that would count towards the Rangers' revenue?
If a team plays in an arena controlled by a Non Affiliated Entity, then they count as HRR the actual dollars they received from the Luxury Boxes.
If a team plays in an arena controlled by a Club Affiliated Entity, then they count as HRR 65% of the revenue received for Luxury Boxes (32.5% if the arena has both an NHL & NBA team).
So in the case of MSG, the Rangers are considered to receive 32.5% of the Luxury Box revenues at MSG.
If a team plays in an arena controlled by a Non Affiliated Entity, then they count as HRR the actual dollars they received from the Luxury Boxes.
If a team plays in an arena controlled by a Club Affiliated Entity, then they count as HRR 65% of the revenue received for Luxury Boxes (32.5% if the arena has both an NHL & NBA team).
So in the case of MSG, the Rangers are considered to receive 32.5% of the Luxury Box revenues at MSG.
Then this could be one of the reasons why the revenues went up. (18 new suites X $1.5M (I believe) X .325 = $8.775M per year, I guess.
What would be telling is a breakdown of revenues and expenses by team. That would give an indication of more important issues of degree of profitability/losses and that disparity within the league. But that ain't gonna happen.
To say Bettman is doing a good job cuz revenue went up to $3.2B is a little ignorant methinks.
What would be telling is a breakdown of revenues and expenses by team. That would give an indication of more important issues of degree of profitability/losses and that disparity within the league. But that ain't gonna happen.
To say Bettman is doing a good job cuz revenue went up to $3.2B is a little ignorant methinks.
Bah, a hamilton "Tigers" fan wanting to pin point a weak franchise for relocation is all this comment is. If you looked at team be team "profit/losses" in 2004 you might have an argument to move Chicago, which would be ridiculous.
You can look at an increase in revenue of 300 million and take away positives, not ignorant at all. As a stock holder in McDonalds do I care that revenues/profits are up for the entire company, or am I more concerned with finding the few franchises that arent making money, lol. I would argue your thought process is ignorant.
What would be telling is a breakdown of revenues and expenses by team. That would give an indication of more important issues of degree of profitability/losses and that disparity within the league. But that ain't gonna happen.
To say Bettman is doing a good job cuz revenue went up to $3.2B is a little ignorant methinks.
To say that Bettman is doing a bad job when revenue is up is even more ignorant. Guy still has his job for a reason. In fact, I'm pretty sure he keeps getting raises. I'm not sure how anyone can seriously think he isn't doing a good job.
To say that Bettman is doing a bad job when revenue is up is even more ignorant. Guy still has his job for a reason. In fact, I'm pretty sure he keeps getting raises. I'm not sure how anyone can seriously think he isn't doing a good job.
Pretty easy, according to Ham Tigers Bettman is doing a bad job because there is a team in Florida, but not one in Hamilton. :eyeroll:
The same people wanting a team out of southern markets are the same people clamoring for a team in Seattle because there is no NHL footprint? I don't get it.
Part of the reason the NHL has grown is because the NHL was willing to gamble on teams in Nashville and San Jose. The only reason Florida has not been successful off the ice is because of on ice performance, same with Atlanta, and same with Columbus.
Meh. the NHL had stayed in the North US and Canada we'd be no where near 3.2 billion IMO.
