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Posted

Good point about the halftime show; I forgot about that. Like I said, I'm just assuming that the cost for things like maintenance and groundskeeping and security and supplies (hell maybe city costs like fees and [expletive]; I have no idea) goes way up when you're hosting something that "big." Like in that "we need to go out of our way to cover our asses" sort of way. I could easily be wrong; that's just hoe I've always assumed it went down.

 

I'm sure they bring in extra security and some extra Roasts, but that's all I can think of. The operating costs for a game like that have got to be in the low-six figures at best.

 

Eh, like I said, I could easily be completely wrong about this kind of stuff. Finances and economics are about as far from my strong suit as you can get. I just always assumed it cost $1 million+ for those big games because it "sounded" right. Really, just get above $50,000 and I have no idea what's going on.

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Posted
My argument is that I'm guessing that hosting a playoff game would cost around $1-1.5 million. I think that's different (obviously) than what it costs to host a regular season game.

 

Why would a playoff game cost significantly more?

 

Because it would be.

 

Extreme example: do you think it costs significantly more to host the Super Bowl than a regular season NFL game?

 

Yes. But a conference championship game probably carries with it similar operating costs to a regular-season game, and I missed the World Series halftime show featuring a popular musical act.

 

Good point about the halftime show; I forgot about that. Like I said, I'm just assuming that the cost for things like maintenance and groundskeeping and security and supplies (hell maybe city costs like fees and [expletive]; I have no idea) goes way up when you're hosting something that "big." Like in that "we need to go out of our way to cover our asses" sort of way. I could easily be wrong; that's just hoe I've always assumed it went down.

Maintenance and groundskeeping? Wha?

 

You think they bring in some ultra-rare exotic dirt for the postseason? Buy a new fleet of Ferrari riding mowers?

Posted (edited)

So companies and contractors actually cut the team breaks for something like this? Man, my inherently jaded view of capitalism has lead me astray. Why would they do that? I assumed they'd be all cutthroat and be looking to jack things up.

 

I wish I could even pretend to be interested in learning this type of stuff.

Edited by Sammy Sofa
Posted
42,000 beers

x $5 margin

x 9 postseason games

================

$1.9 million

Spitball me how much of that SportsService takes because they're the company that actually buys and supplies the beer. So how much does the team actually make on that?

Posted

42,000 beers

x $5 margin

x 9 postseason games

================

$1.9 million

 

I just went at 70% of a 40,000 person crowd drinking 1.5 beers each. Very likely an overestimate.

Posted
Baseball teams need to open their books so we stop having to speculate about this ish.

 

So this information really isn't available to the public? I thought I was just bad at searching for it.

Posted
42,000 beers

x $5 margin

x 9 postseason games

================

$1.9 million

Spitball me how much of that SportsService takes because they're the company that actually buys and supplies the beer. So how much does the team actually make on that?

I built that into my margin estimate.

 

The team is going to make the lion's share of the concessions profits, not the vendor.

 

So if the price of a beer is $7.00 say, and the cost is 50 cents, the vendor makes $1.50 and the team makes $5. Total guess, but I bet the pie splits about like that.

Posted

42,000 beers

x $5 margin

x 9 postseason games

================

$1.9 million

 

I just went at 70% of a 40,000 person crowd drinking 1.5 beers each. Very likely an overestimate.

I don't think you're off that much.

 

Attendance would be in the 47K range @ Busch.

 

If 1 of every 3 is drinking, and they're having 2 beers each, that's 31,000.

Posted
Baseball teams need to open their books so we stop having to speculate about this ish.

There's a site I found with a lot of this data.

 

Unfortunately, there's really no way to get the pertinent revenues and expenses broken into fixed and variable components.

 

About the best we can do is see that our assumption that gameday revenues > expenses seems to be supported.

 

http://www.rodneyfort.com/SportsData/MLB/MLBIncomeExpense/MLBIncomeExpense.html

Posted

About the best we can do is see that our assumption that gameday revenues > expenses seems to be supported.

 

Well, yeah; even I wasn't arguing that the expenses matched or exceeded the revenues. That's just common sense.

Posted

About the best we can do is see that our assumption that gameday revenues > expenses seems to be supported.

 

Well, yeah; even I wasn't arguing that the expenses matched or exceeded the revenues. That's just common sense.

You argued that very thing earlier when reducing $24M to $14M.

Posted (edited)

...

 

Arguing that the revenues were reduced from $24 million to $14 million is obviously NOT arguing that the expenses matched or exceeded the revenues. If I was arguing that I would be saying the Cardinals made $0 or actually lost money. Did you missed the part where I clearly stated how I was coming at this before? My understanding of the $24 million was incorrect; I was thinking that was their total revenues. I was never arguing that the Cardinals broke even or lost money.

Edited by Sammy Sofa
Posted
...

 

Arguing that the revenues were reduced from $24 million to $14 million is obviously NOT arguing that the expenses matched or exceeded the revenues. If I was arguing that I would be saying the Cardinals made $0 or actually lost money. Did you missed the part where I clearly stated how I was coming at this before? My understanding of the $24 million was incorrect; I was thinking that was their total revenues. I was never arguing that the Cardinals broke even or lost money.

You may not have intended to argue that, but you absolutely were.

 

That is why I asked like two pages ago if you even bothered to read.

Posted
nate silver did all of this in baseball between the numbers. i want to say he said that a playoff appearance was worth, on average, 25 million dollars to the team.
Posted
...

 

Arguing that the revenues were reduced from $24 million to $14 million is obviously NOT arguing that the expenses matched or exceeded the revenues. If I was arguing that I would be saying the Cardinals made $0 or actually lost money. Did you missed the part where I clearly stated how I was coming at this before? My understanding of the $24 million was incorrect; I was thinking that was their total revenues. I was never arguing that the Cardinals broke even or lost money.

You may not have intended to argue that, but you absolutely were.

 

Holy God, what?

 

This is nuts, even for you.

Posted
...

 

Arguing that the revenues were reduced from $24 million to $14 million is obviously NOT arguing that the expenses matched or exceeded the revenues. If I was arguing that I would be saying the Cardinals made $0 or actually lost money. Did you missed the part where I clearly stated how I was coming at this before? My understanding of the $24 million was incorrect; I was thinking that was their total revenues. I was never arguing that the Cardinals broke even or lost money.

You may not have intended to argue that, but you absolutely were.

 

Holy God, what?

 

This is nuts, even for you.

Hey if you don't understand what it is you're saying on here, that's a you problem, not a me problem.

 

You can't reduce profits from $24M to $14M unless game-day expenses exceed game-day revenues. You asserted this very thing.

Posted
No, dave, I didn't. I clearly asserted that under the mistaken idea that the total revenues were around $24 million (remember the whole "floor" confusion?) and then guessing that expenses would be somewhere around $9-10 million. Nobody was arguing that the Cardinals were breaking even or running at a loss.
Posted
No, dave, I didn't. I clearly asserted that under the mistaken idea that the total revenues were around $24 million (remember the whole "floor" confusion?) and then guessing that expenses would be somewhere around $9-10 million. Nobody was arguing that the Cardinals were breaking even or running at a loss.

The only one I recall being confused is you.

 

Everyone else seems to be pretty clear on why I thought $24M is the floor.

 

You could go ahead and clear all this up by giving us your revised estimate of the Cardinals' profit from the 2011 postseason.

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