Per Lori Lightfoot - Cubs and Sox to have fans at 20% capacity on Opening Day

[David]

Edited March 8, 2021 by David

[David]

Looks like it'll be Opening Day

 

[CubinNY]

Will people will be paying NBA prices for seats?

[Sammy Sofa]

Opening day fans not hopeful of the Cubs.

[David]

[jersey cubs fan]

[Andy]

Will people will be paying NBA prices for seats?

Secondary market prices will probably be a bit higher, but I suspect the amount of people that don't want to/feel comfortable with going to a game before being vaccinated will keep things from being too out of control.

[squally1313]

As someone with 2 bleacher season tickets that typically splits them up amongst 8-10 people, was hoping for an announcement this week, but dreading trying to figure out how to handle some sort of equitable ticket allocation. That's if they even bother to figure out how to fill 20% of the bleachers.

[Bertz]

Curious to see how Lightfoot manages to use this as a cudgel against the Teacher's Union, but she'll definitely try

[Old Style]

As someone with 2 bleacher season tickets that typically splits them up amongst 8-10 people, was hoping for an announcement this week, but dreading trying to figure out how to handle some sort of equitable ticket allocation. That's if they even bother to figure out how to fill 20% of the bleachers.

I'm hoping they never get above 50% or so capacity this season so they are forced to offer refunds to STH. This is my last year anyway. Just give me my money back and let's enjoy the short time this franchise was actually relevant as we slide back into another lifetime of failure.

[David]

As someone with 2 bleacher season tickets that typically splits them up amongst 8-10 people, was hoping for an announcement this week, but dreading trying to figure out how to handle some sort of equitable ticket allocation. That's if they even bother to figure out how to fill 20% of the bleachers.

I'm hoping they never get above 50% or so capacity this season so they are forced to offer refunds to STH. This is my last year anyway. Just give me my money back and let's enjoy the short time this franchise was actually relevant as we slide back into another lifetime of failure.

 

didn't you have a chance to take a refund on this last year? or what did they offer?

[PackLandVA]

That’s not Clark’s ball-bag, is it???

[Old Style]

As someone with 2 bleacher season tickets that typically splits them up amongst 8-10 people, was hoping for an announcement this week, but dreading trying to figure out how to handle some sort of equitable ticket allocation. That's if they even bother to figure out how to fill 20% of the bleachers.

I'm hoping they never get above 50% or so capacity this season so they are forced to offer refunds to STH. This is my last year anyway. Just give me my money back and let's enjoy the short time this franchise was actually relevant as we slide back into another lifetime of failure.

 

didn't you have a chance to take a refund on this last year? or what did they offer?

Last year they gave us the option for a refund or a credit towards this season. If we took the credit they gave us a 5% bonus I think it was. But unlike last year I won't be renewing my tickets again. And there was zero capacity last season so that changes things a bit as well.

[Andy]

File this away for the next time we're told the Cubs 'can't afford' to sign a good player they desperately need

 

[Irrelevant Dude]

File this away for the next time we're told the Cubs 'can't afford' to sign a good player they desperately need

 

Ok, someone do the math. If they are break even at 20%, they sure must make a killing at 100%.

[WrigleyField 22]

File this away for the next time we're told the Cubs 'can't afford' to sign a good player they desperately need

 

Ok, someone do the math. If they are break even at 20%, they sure must make a killing at 100%.

Holy crap, what an admission haha. I mean I'm sure there' some very negligible cost increase as far as staffing the stadium at 100% verse 20%, but yea...

[Transmogrified Tiger]

File this away for the next time we're told the Cubs 'can't afford' to sign a good player they desperately need

 

Ok, someone do the math. If they are break even at 20%, they sure must make a killing at 100%.

 

20% capacity is between 8 and 9k. 2019 average attendance was a bit over 38k, so let's simplify and call it 30k fans for 80 home games, 2.4 million fans worth of profit. At $50/person, that's 120 million. Cot's says the current payroll is 145 million actual and 170 million luxury tax, so you can do the math on how much potential room that gives them assuming all the assumptions on what Kenney is implying and our napkin math are roughly accurate. It does paint a picture that the conversation about avoiding the repeater penalty for being over the luxury tax may have some basis in reality, but the current payroll situation would entirely be temporary loss aversion(or recovery of 2020 losses if you prefer).

[CubinNY]

File this away for the next time we're told the Cubs 'can't afford' to sign a good player they desperately need

 

Ok, someone do the math. If they are break even at 20%, they sure must make a killing at 100%.

 

20% capacity is between 8 and 9k. 2019 average attendance was a bit over 38k, so let's simplify and call it 30k fans for 80 home games, 2.4 million fans worth of profit. At $50/person, that's 120 million. Cot's says the current payroll is 145 million actual and 170 million luxury tax, so you can do the math on how much potential room that gives them assuming all the assumptions on what Kenney is implying and our napkin math are roughly accurate. It does paint a picture that the conversation about avoiding the repeater penalty for being over the luxury tax may have some basis in reality, but the current payroll situation would entirely be temporary loss aversion(or recovery of 2020 losses if you prefer).

 

A sound method, but I think $50/person is on the low end. It's probably closer to $100/person after concessions and whatnot.

[Transmogrified Tiger]

A sound method, but I think $50/person is on the low end. It's probably closer to $100/person after concessions and whatnot.

 

It's admittedly the part I'm least sure about in the whole process. I would be a little surprised if it got close to $100/person in practice, but it's definitely possible it's higher than $50. Every $4 or so is another 10 million given the previous assumptions, so you can calibrate with that how you like.

[jersey cubs fan]

A sound method, but I think $50/person is on the low end. It's probably closer to $100/person after concessions and whatnot.

 

It's admittedly the part I'm least sure about in the whole process. I would be a little surprised if it got close to $100/person in practice, but it's definitely possible it's higher than $50. Every $4 or so is another 10 million given the previous assumptions, so you can calibrate with that how you like.

Whatever fan survey statistic had the Cubs as the highest cost for a family of four, which was like $375 or something. So a little under $100 per person in revenue.

[Tim]

A sound method, but I think $50/person is on the low end. It's probably closer to $100/person after concessions and whatnot.

 

It's admittedly the part I'm least sure about in the whole process. I would be a little surprised if it got close to $100/person in practice, but it's definitely possible it's higher than $50. Every $4 or so is another 10 million given the previous assumptions, so you can calibrate with that how you like.

Whatever fan survey statistic had the Cubs as the highest cost for a family of four, which was like $375 or something. So a little under $100 per person in revenue.

That included parking, which doesn't go to the Cubs. It also included concessions, which you have to remove the cost to get to the profit. So I'd guess it's closer to $75 / person. Which means there's still a ton of money for players.

[Transmogrified Tiger]

A sound method, but I think $50/person is on the low end. It's probably closer to $100/person after concessions and whatnot.

 

It's admittedly the part I'm least sure about in the whole process. I would be a little surprised if it got close to $100/person in practice, but it's definitely possible it's higher than $50. Every $4 or so is another 10 million given the previous assumptions, so you can calibrate with that how you like.

Whatever fan survey statistic had the Cubs as the highest cost for a family of four, which was like $375 or something. So a little under $100 per person in revenue.

 

I've seen those types of estimates but I've never been clear on if that is actually representative of the average(e.g. there's one version of this I've seen with borderline excessive food purchases). Similarly, there's some average cost per ticket stuff out there but when I poke around it seems like it mostly is talking about season tickets, which is helpful but not a 1:1 comparison.

[Bull]

Not being three peat offenders for luxury tax is a legitimate goal.

 

That said: raise the luxury tax threshold and/or do away with draft penalties

[jersey cubs fan]

 

It's admittedly the part I'm least sure about in the whole process. I would be a little surprised if it got close to $100/person in practice, but it's definitely possible it's higher than $50. Every $4 or so is another 10 million given the previous assumptions, so you can calibrate with that how you like.

Whatever fan survey statistic had the Cubs as the highest cost for a family of four, which was like $375 or something. So a little under $100 per person in revenue.

 

I've seen those types of estimates but I've never been clear on if that is actually representative of the average(e.g. there's one version of this I've seen with borderline excessive food purchases). Similarly, there's some average cost per ticket stuff out there but when I poke around it seems like it mostly is talking about season tickets, which is helpful but not a 1:1 comparison.

 

The one I looked up included 4 hot dogs, 4 soda and 2 beers, which I feel is the least likely purchase by any family of four, but probably a safe low end average.

 

When I was a kid we didn't spend a dime on concessions. Now I can't go to a game without getting a half dozen beers as a starter.

[Ding Dong Johnson]

2 beers per inning? Checks out with my family.