Posted by Jetson21 on 3/2/2022 1:12:00 AM (view original):
Posted by RedRaiderLaw on 3/2/2022 12:34:00 AM (view original):
Posted by chargingryno on 3/1/2022 9:49:00 PM (view original):
That said, I'm a little older, and I recall what is used to cost for a ticket to a ballgame back when the evil owners had more power. As the players have gained leverage over the last 40-45 years, I can hardly afford to attend games anymore. It doesn't take a computer program to see the direct relation between rising annual player salaries and rising ticket/parking costs. Not to mention these guys making $25-35 mil a year, jacking up the costs of tickets, but not playing every day, so my ticket costs are through the roof, and there a solid chance I won't even get to seen Captain Universe play because the $30 million man needs a rest day.
Rising ticket prices have very little to do with rising player salaries, just like increased prices at chipotle have nothing to do with increased pay for employees. It has to do with owners wanting a larger profit margin and knowing that the players are the ones who look like the bad guys when these debates typically arise.
The Braves last year made $6m profit…PER GAME. I’m sure the owners could afford to drop ticket/concessions just a little if they wanted/cared. The fact is they don’t. It’s nothing but a business to them.
Have you ever owned your own business? You can't really believe that an increase in minimum wage has nothing to do with an increased price of food at Chipotle. The two are most obviously related.
When salaries go up, prices go. Period. Owners are there to make money- are they just supposed to eat the increased salaries and benefits out of the goodness of their heart?
What applies to Chipotle does not apply to MLB ownership.
Between Television revenue and Merchandise revenue each team pockets about 180 million each year before selling tickets, parking and concessions.
There are probably other revenue sources and new ones on the way.
MLB ticket on cable is probably more revenue.
I think there is more then enough money.
I didn't pick the Chipotle example. But Yes, what applies Chipotle does apply to any franchise owner, including pro sports franchises. Perhaps not perfectly, but recouping purchase costs, salaries, overhead, risk of a pandemic, etc. factor into the cost of the products we consume, be they entertainment or sludge in a tortilla.
And let's not overlook that the revenue example put forward involved the World Series winner. The Braves revenue last year was bumped pretty well by that championship run. I'd like charingryno to breakdown those numbers for the Miami Marlins who averaged less than 8000 ticket sales for each home game in 2021. I bet they sold a ton of parking, food and merch.
Jetson, you talk about all that revenue as if all teams get equal revenue off merch and television. They don't. Revenue sharing helps balance it a little, but guess what one of the major sticking points is for players in this negotiation? The players want a $100 million DECREASE in franchise revenue sharing. So the small market teams like the Marlins get poorer, and the Dodgers get keep more money and get richer, which is fine, except that it's already no coincidence the Dodgers, Yankees, Cubs and Red Sox sign so many big-name players.
Are owners innocent victims? Heck no. I'm not saying that all. The blame goes BOTH ways. I'm simply saying that to assert increased salaries have no bearing on ticket prices is inaccurate. Increased costs get passed down to the end-line consumer, whether that's watching a baseball game or getting fast food. Facts of life.
The only people who love labor unions nowadays (not saying they haven't served a valuable purpose historically) are union members and people who've never stood in line at the post office.
3/2/2022 3:26 AM (edited)