According to Lamar Hunt in an interview that Andy Mead did for Emerald City Gazette last year (BTW, ECG #26 is out. If you're a subscriber, watch your mailbox. If you're not, subscribe today!), FCD will be a profitable team in Frisco from Day One. Granted, that was before the whole "six games in the Cotton Bowl" thing came up, but...
Hallelujah! By all means, subsidize us until we have our own place "DC United's House of Payne at Poplar Point"
If that's how long I have to take a handout, then I'll swallow my pride and skim off your profits for that long.
You really want to put up with my **************** and the **************** from Galaxy, FCD, Chicago, Columbus, and Colorado fans on the Internet for that long?
Do you believe that? That's not a slam; I'm just ignorant about the situation there. Are the ticket sales plus drop in overhead after the move indicating that right now, as far as you know? I would have naively thought that even after the stadium is built and FCD makes the move, a fair amount of additional marketing is gonna be necessary to get into the black.
The naming rights deal, and many other "signature" sponsorship deals, plus ancillary revenue from concerts, special events and youth tourneys. Not to mention a serious uptick in season ticket sales and the addition of luxury box leases. 100% of revenue from concessions and parking. PHP is a revenue cash cow for HSG, much more the Crew stadium has been. And if they can get regular sell outs going, they might rival HDC's revenue since they can't do big youth tournaments at HDC and AEG has to split some revenue with the college.
PHP is sponsored out the bootay, but does that sponsorship dough go back into MLS coffers, or is there a separate stadium company so that Uncle Lamar doesn't have to share it?
Go look at a rendering of the stadium, but don't look at the stadium itself. Look around the stadium.
Yeah, although this part I don't really think of as FCD money (the question being FCD's profitability status) . . .although I guess it effectively is, seeing as how the facility wouldn't have been built in the first place if there wasn't a team to build it for.
Does this matter? Saying that FCD will be profitable can mean many different things. Is FCD as an operation, spanning several different corporations, profitable? Is FC Dallas as an independant corporation profitable? I don't know, but Lamar is probably looking it at as I spent X amount of $$$ building this stadium, paying the players and coaches, and maintaing the PHP facility and I got Y back from ALL PHP related events and Y>X then the entire operation is profitable.
As fascinating and scintillating as this conversation about FC Dallas' new stadium revenue is, can we get back on topic of salaries at DC United...
Well, given that we're going to rely upon FCD's profits to help pay our players, I submit that we ARE on topic...
yeah, yeah, Guppy makes too much and Gros is basically and indentured servant.....what else is there?
Fair enough. Since all indications are that AEG is gonna sell the team soon, and sine the buyers could potentially be put off by moves that significantly affect the team's financial situation, I would naively think that the soon-to-be-owners have input into stuff involving player acquisitions/trades, classification, and salaries (including the AAAA, Petke trade for money, etc.). Obviously Payne would have such input anyway; but I'm thinking more in terms of the other two. How much input would they get? Veto power? Are they already effectively running the team?
Yes, to the DC United board, because one form of profit would subsidize the rest of the league, and one wouldn't.
True dat. Regardless, FCD is certainly going to be closer to break even, if not in the black, as an MLS entity, which would mean the rest of the league will have less of a bill to pay at the end of the day. So, in one form or the other, we will be subsidizing the rest of the league.
Nope. But this is the last year of that contract, so he's going to get a raise real soon. Hopefully it will come out of Lamar's contract. Otherwise we are seeing Pescadito's finaly season in MLS. And I wasn't saying that you guys were unfairly critical of the salaries, I was just commenting on how there was little left to discuss about DCU salaries since just about everyone agreed.
While it perhaps is true that teams with stadia (not just our esteemed colleagues from Dallas but also the esteemed representatives from Los Angeles and Cowlumbus) subsidize the teams without stadia, in the MLS the financials are all made up and the figures don't matter... What does matter is what effect will publishing these numbers (last years and apparently this years) have on keeping players at DC United when they negotiate new contracts? Will players like Gros and Esky be in a better or worse position to negotiate a raise? Will the publication flatten out the salary band around the middle so that all players earn in the $70k to $120K range?