Quote:
Originally Posted by duncan_idaho
I just don't see any way the $70 million/40 man mark is believable as the break even point.
$20 million a year for local TV rights (even though this is a shitty amount)
$25 million a year from current national TV rights
$70 million (low estimate) from revenue sharing. High estimate is $92 million.
I realize it costs a lot of money to run the stadium and pay for the support systems in the minors and latin america, etc.
But they're also selling 1.7 million tickets a year, at an average cost of over $30/ticket. That's an additional $50 million-plus.
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Your average ticket number is really high. Its
about $22. The revenue sharing number is impossible to believe, as well. Aside from online media, each team pays 33% of local net revenue, and that gets shared equally. Eventually half of the teams will be disqualified from receiving that, but not yet. Our share of revenue sharing is basically going to be 1/3 of the difference between our net revenue and the MLB average, plus our share of the luxury tax. Luxury tax isn't much.
edit: the revenue sharing will look dramatically different in 2016, and we should get another bump there. That should be another point when our break-even, whatever it is, goes up.