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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Cactus Jack who wrote (56236)11/22/2002 6:24:01 PM
From: Clappy  Read Replies (1) of 65232
 
Hi Jpeg Jack!

and I'm surprised MLB allows a team to charge different
ticket prices based on the identity of the opposition


I'm not.

I knew the Yankees would find away to offset their
soon-to-be-imposed luxury tax. <ng> <g>

If I remember correctly, the home team splits the the total
gate receipts with the visiting team.

One of the reasons why the Yanks consistently have one of
the better teams on the field is because they have perhaps
the smartest businessmen owning and running the corporation.

They really know how to make money.

That is the real game.

The dudes on the field are just a result of the business game.

The businesses that win, tend to be able to put a winning team on the field.

which constitutes a type of "admission" that some teams
aren't worth as much to see.


Some of them aren't.

However, it cost me three times as much to see the Redsox
I'd probably opt to see the Devil Rays playing.

It's all supply and demand.
The system isn't as broken as we think.
It seeks equilibrium.

I think the game has surpassed it's peak much like the
stock markets have done. The sporting market will have it's
turn in a bear market for a while. (Perhaps this helps the
Cubs.)
<g>

Take a look at the free agents this year.
I don't think we will see them set new record high
contracts.

Even the ratings of sporting events are down.
The Baseball Playoffs and WS were very low in viewership.
Monday Night Football and the Superbowl ratings have been
declining over the past few years.
The NJ Nets who were in the Basketball finals last year
don't even come close to selling out games although they
have a huge market.

I'd be interested to see if college sports are gaining in
ratings.
March Maddness is huge. I wonder it's been going higher and
higher in viewership.
If they could ever get the college football into some sort
of playoff system after the bowl games were over, I bet
they would have a big viewership.

Heck, at least you would be seeing a bunch of people
playing for the love of the game.

-ClappyTheArmChairSportsEconomist
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