Bettman: Season ticket sales up 3% league-wide, single game tickets way up also

Discussion in 'The Business of Hockey' started by Jaded-Fan, Oct 9, 2005.

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  1. Jaded-Fan

    Jaded-Fan Registered User

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    "Based on information we have so far, season-ticket sales are up 3 percent [across the league], and single-game sales are up pretty significantly as well, so we think attendance should be comparable if not better than it was in 2003-04," Bettman said.

    http://www.post-gazette.com/pg/05282/585516.stm

    ........... I would enjoy hearing comments from the ones from this board who pre-settlement claimed that the league would be set back decades.
     
  2. futurcorerock

    futurcorerock Registered User

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    ut oh, looks like 06-07 will be a lockout year; you can't argue with the numbers:

    Play a year, take off a year, play a year, take off a year
     
  3. nyrmessier011

    nyrmessier011 Registered User

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    if the levitt report came out, it would say sales are DOWN 3%. thank God the NHLPA is in on this one.
     
  4. Pepper

    Pepper Registered User

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    :biglaugh: Now that was a good one.
     
  5. Garbs

    Garbs Registered User

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    And TV viewership?
     
  6. SuperUnknown

    SuperUnknown Registered User

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    It's still awfully early and it's just about attendance. Are revenues up as well overall?

    According to TSN, the players will have to give back an additional 10% to the escrow fund (total of 34%), which would mean the revenues are lower than expected.
     
  7. Holly Gunning

    Holly Gunning Registered User

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    Or more likely...just that the player salary average is much higher than the midpoint.
     
  8. Scoogs

    Scoogs Registered User

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    If these numbers are consistant right to the playoffs, then the salary cap could go up a touch.
     
  9. garypl

    garypl Registered User

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    read the statement Bettman said again--Season tix sales are up and single tix sales up too---Thats does NOT mean revenue higher since many offered reduced pricing= example=Islanders have 3000 seats for 10 games available for $10
     
  10. kdb209

    kdb209 Registered User

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    But the revenue estimates on which this seasons cap #'s were based already factored in the reduction in ticket prices. If seson tickets and individual game sales are exceeding estimates, then it is possible (likely) that league revenues may exceed the estimates and the cap likely will go up some next year.

    Of course, salaries seem to be greatly outstripping the league wide 54% even with the robust ticket sales, so the players will still likely have a significant escrow giveback this year even after the higher than expected (possibly) ticket revenue is accounted for at the end of the season.
     
  11. Resolute

    Resolute Registered User

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    Not to mention that concession prices have not decreased, and more people in the building = more people buying overpriced suds.
     
  12. hockeytown9321

    hockeytown9321 Registered User

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    Don't forget suites and coporate sponsorships.

    I'm also a big fan of the article on NHL.con touting their record ratings for OLN, but fails to mention the actual number.
     
    Last edited: Oct 11, 2005
  13. DeleteThisAccount

    DeleteThisAccount Registered User

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    Yeah, but the SysCos and Aramarks of the world gain more profit from that than the buildings and teams, right?
     
  14. USF Shark

    USF Shark Zôion politikòn

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    and the 15 dollars for parking...grumble grumble grumble...... :madfire:
     
  15. Resolute

    Resolute Registered User

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    dpetri2000 - I used to grumble about the c$8 it costs to park at the Calgary Stampede to go see a Flames or Hitmen game until I paid us$20 for a Mariners game in Seattle. Talk about a cash cow...

    Battousai - Possibly. I have no idea how those agreements would work, but I would think that the most logical arrangement is that the teams pay their food services people a flat fee, possibly including a percentage of the revenue. If that is the case, then the more food the team sells, the more they stand to earn. Higher attendance benifits everyone in this case.
     
  16. hockeytown9321

    hockeytown9321 Registered User

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    Article fom San Jose that says the Sharks still expect to lose money due to a lack of revenue(that sounds shockingly like what I've been saying for the past 18 months) 20-30% below last season on corporate sponsorships, and between 12-15% of their suites are empty/.

    http://www.contracostatimes.com/mld/cctimes/sports/12880704.htm
     
  17. jamiebez

    jamiebez Registered User

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    Devil's advocate comin' through.... ;)

    Is it season ticket sales or renewals that are up 3%? Larry Brooks seems to think renewals:

    http://www.nypost.com/sports/29160.htm (registration required - www.bugmenot.com)

    If it's renewals only, and they're comparing against the "lost season" renewals, that's not saying a heck of a lot.

    If it's sales, weren't Carolina and Phoenix running "2 for 1" promotions on season tickets? I wonder if the 3% figure is only paid tickets, or all new tickets (including freebies).
     
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