The Earthquakes good news thread

Not a problem. Here.

 

Yeah, I put my most important documents on my Apple desktop, which automatically goes to iCloud, and some of my Microsoft docs are on OneDrive. I've been thinking of backing up my whole computer to the cloud but hadn't gotten around to it yet. I guess I should make that one of my SIP projects, especially after my TC fails completely. Thank you for the reminder!

 

At least I have good company while I'm working from home!

 

Even if they were to allow fans in to the games, I doubt many would go because its not their team to support...

 

Which brings us back to the theory on how ticket sales aren't a huge source of revenue. If they are going to rely on ticket sales to run their club, the future doesn't look to bright....

 

What do you mean? That's your theory! Because ticket sales is a huge source of revenue. And the immediate future will not be that bright.
If they go this Orlando or select city route MLS will likely have some revenue sharing deal that is equal for all clubs.

 

I still don’t see how it’s that much money.

Again doing the math,...

You sell 10,000 (if that) at an average ticket price of $50.00 each is $500 ,000 a game.

After a 15 game season you get $7,500 000.

This is a lot of money?

Using Orlando as an example, they paid Kaka $6.6 million each year he played for them.

 

In normal times, tickets and in-stadium revenue are the major source of income. In these times, there is no way you make any profit playing in a social distance stadium, you just can get enough people though the door to make it work. Far cheaper to eliminate the in stadium fan.

 

They won’t make anything close to that this or next year.

I am just hoping teams won’t be folding.

 

All they have to do is cover costs and forget any profits. I would say that average per team is around 25M, that is 650M as a league. They will get some money from TV and such, they will restructure contacts and after that don't be surprised to see the federal government give them some of that 500B slush fund to keep them afloat. There is a lot of money to be had right now.

 

The LAkers gave back their money the government gave them. I’m sure the Quakes could use some of that...

 

We have 17 home games a year, so, add a million to your total. And we have never averaged just 10,000 at Avaya/Earthquakes Stadium. Let's say as a conservative number, 13,000, so add another $2.5 million to your total. And you should factor in all the income you get on game day, like parking and concessions.
Let's say 3,000 vehicles at $30 a pop. That's another $1.5 mil. per year.
And 13,000 fans at a conservative $20 in concessions per game is close to $4.5 million for the season.
So, right there I have doubled your amount to over $15 million.

And what is the TV revenue?
Or the Intermedia sponsorship?

I bet nothing anywhere near ticket and game day revenue!

 

Even adding $2 million more for 17 games selling tickets it’s not that much. Also are the tickets on average really selling at $50.00 each? That initial figure was a hypothetical total based on tickets selling at $50.00 each but they cost less than that on average and many are give away tickets. No way they are selling 17,000 tickets a game. They are lucky if they sell 10,000 with tickets averaging $25-$30 each. So again in doing the math , after 17 games, now we are down to $5 million which is still not that much and don’t see this huge revenue.

Of course they need to rely on that other stuff because they can’t live off of ticket sales.

I also know for a fact that Intermedia didn’t give them that much.

 

Typical no argument comeback!

No one is moving anything. I’ve stated the same thing from the beginning and am still saying that I just don’t believe they make much money off of ticket sales. I stand by that statement and nothing has changed to make me sway from that initial post.

Once again though, I hope and pray teams don't start folding. Especially the Quakes.....

 

I don't think this is the right forum to discuss the demise of funding for the Quakes.

 

Going to change the subject, we haven't lost a game since March!

 

I provide numbers showing their game day income and you counter by lowering the amount of money you think they make in order to help support your argument. In the other thread you first suggested they made $30 million a year on ticket sales, then you dropped that to $15 million. In this thread you said $7.5 million and now have lowered it to $5 million. That's moving the goalposts.

 

I'll post it in the other thread….

 

I'll do you one better. Undefeated in April!