Originally Posted by Prison Bitch:
Dane, I said “sports”, not NFL. Sports revenue collectively derives 40-50% of its gate from attendance, concessions, suites, etc. (Take the Indy 500 which I attended every year: $40M gate, $4M tv deal. Do the math). Golf, tennis, college sports on and on rely on butts in the seats.
Adding in NASCAR, NHRA and Indy Car racing completely skews the comparison because as we all know, NASCAR is the largest spectator sport in the world, but their TV revenues are a fraction of what the NFL, NBA and MLB receive each year.
And if you're throwing in college athletics, the dynamic changes once again. There have been several universities that have decided to drop sports altogether because so much of their funding relies on their students, who may or may not attend their chosen universities this year or next or the year after.
But if you're talking strictly the NFL, MLB and NBA, they can all survive and thrive without people in the stands, which is where things are headed and why the new LA stadium seats 70,000 instead of 80,000-100,000. [Reply]
Originally Posted by DaneMcCloud:
Adding in NASCAR, NHRA and Indy Car racing completely skews the comparison because as we all know, NASCAR is the largest spectator sport in the world, but their TV revenues are a fraction of what the NFL, NBA and MLB receive each year.
Nobody’s talking about the effect a lack of fans will have on broadcasts. I tune into see the players yes but also the EVENT. I like to see the tomahawk chop, the crowd roaring, players celebrating etc. I predict empty venues will lessen TV ratings.
Originally Posted by :
And if you're throwing in college athletics, the dynamic changes once again. There have been several universities that have decided to drop sports altogether because so much of their funding relies on their students, who may or may not attend their chosen universities this year or next or the year after.
No school is axing the 2 revenue sports.
Originally Posted by :
But if you're talking strictly the NFL, MLB and NBA, they can all survive and thrive without people in the stands, which is where things are headed and why the new LA stadium seats 70,000 instead of 80,000-100,000.
Yes and no. Teams can’t sell nosebleeds anymore when folks have home theaters. But they depend on the lower bowl and suites, absolutely. [Reply]
That’s just business I want no part of. Found out early in my working career talking about salaries and wages just created drama. You deserve what you’ve earned. [Reply]
Originally Posted by Prison Bitch:
I predict empty venues will lessen TV ratings.
I cannot disagree more with this statement.
For example, a dopey golf game last weekend had more than 6 million viewers on Sunday because people are starved for any sporting event.
The NFL is going to set viewing records this Fall.
Originally Posted by Prison Bitch:
No school is axing the 2 revenue sports.
Universities and colleges across the country have begun dropping sports due to the pandemic. Now, Power 5 schools haven't announced they're dropping sports but several smaller schools have already begun that process.
Originally Posted by Prison Bitch:
Yes and no. Teams can’t sell nosebleeds anymore when folks have home theaters. But they depend on the lower bowl and suites, absolutely.
If you're Jerry World, yeah, he depends on suite money, as do other owners across the league that own their own stadiums. But that revenue stream will be the last to disappear because unlike the upper decks, there's a certain amount of cachet attached to suites.
The NFL is already planning ways to replace the in-stadium revenue stream with advertising and the biggie, legalized gambling. [Reply]
Nope. It does bother me when ppl like Draymond or LeBron complain that its like slave mentality or bitch about how much they make. Mother****ers out here working in the streets trying to feed their family would kill to be in the place you are and some athletes are equating to to slaves. Just a slap in the face to the working man and so disrespectful to actual slaves.
Then Aaron Rodgers is bitching out on social media trying to get the CBA to not go thru when the new CBA is such a huge benefit for 80% of NFL players who will be outta the leage on avg in 2 yrs. Then acting like his actions are selfless. [Reply]