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stuckincincy
07-02-2014, 06:12 AM
No surprise.

http://www.forbes.com/sites/jesselawrence/2014/06/26/amid-franchise-uncertainty-bills-tickets-least-expensive-in-nfl/


The link below has interesting tidbits about sports and money:

http://www.forbes.com/search/?q=sportsmoney

SpikedLemonade
07-02-2014, 09:42 AM
This -- whether the Buffalo area can afford higher average NFL prices over the decade -- is the biggest challenge to the Bills staying in Buffalo not short-term relocation.

Amid an unclear future, Buffalo Bills tickets have the cheapest average price on the secondary market for the 2014 NFL season.

According to TiqIQ, the average price for home games on the Bills schedule (http://www.tiqiq.com/nfl/buffalo-bills-tickets) is just $140.79. The average price for Cleveland Browns tickets (http://www.tiqiq.com/nfl/cleveland-browns-tickets) is the only other average in the league below $160 for the 2014 season. No home Bills game this season has an average price above $200. For other AFC East teams, no team has less than two home games under a $200 average price. The least expensive game on the Patriots schedule is against the Bills Week 17 at an average price of $288.08, 104.6% more expensive than the average home game in Buffalo. Even with the lowest average price in the league, this year’s average price is 20% above the average secondary market price from last season of just $117.

IlluminatusUIUC
07-02-2014, 11:51 AM
Losing team + small market + large capacity stadium = cheap tickets. The first one will hopefully change this year, but the latter two are inherent to our current situation.

SpikedLemonade
07-02-2014, 12:01 PM
The large capacity stadium is a non-issue. If it were, the Bills would eliminate some seats now.

The issue is it is an economically depressed area.

The attendance of Canadians made the situation better but that is changing.

Buffalo has to put on the big boy pants now since the NFL is raising prices quickly.

better days
07-02-2014, 12:02 PM
Losing team + small market + large capacity stadium = cheap tickets. The first one will hopefully change this year, but the latter two are inherent to our current situation.

A LARGE Stadium is what Ralph wanted when Rich Stadium was built.

It holds less seats today, but is still larger than MANY NFL Stadiums.

The price per ticket may be less at the Ralph, but the number of seats is greater.

Someone should do the math on the ACTUAL revenue produced at the Ralph in comparison to other SMALLER Stadiums.

And luxury boxes don't count because that revenue is not shared.

better days
07-02-2014, 12:05 PM
The large capacity stadium is a non-issue. If it were, the Bills would eliminate some seats now.

The issue is it is an economically depressed area.

The attendance of Canadians made the situation better but that is changing.

Buffalo has to put on the big boy pants now since the NFL is raising prices quickly.

The only thing eliminating seats would do is to make the Stadium easier to sell out.

If you sell one apple for $2.00 or two apples for $1.00 each, do the math.

IlluminatusUIUC
07-02-2014, 12:09 PM
The large capacity stadium is a non-issue. If it were, the Bills would eliminate some seats now.

The issue is it is an economically depressed area.

The attendance of Canadians made the situation better but that is changing.

Buffalo has to put on the big boy pants now since the NFL is raising prices quickly.

You can't just ignore the supply part of the equation. There are a lot of economically depressed areas in the country with pro football teams, but they have thousands fewer tickets to sell. It's basic economics - if we had a 65,000 seat stadium as opposed to a 73,000 seat stadium, our tickets would get more expensive.

SpikedLemonade
07-02-2014, 12:11 PM
And luxury boxes don't count because that revenue is not shared.

Which is why it is so important the Bills get more revenue from the luxury boxes now and in a new stadium.

When there was last serious talk about the Bills relocating in the late 90's it was because the leases on the luxury boxes were coming up and not renewing well. The buzz then was that Flutie's exciting style of football got those boxes sold.

A new owner is going to want to make a lot more from those boxes.

Having the cheapest seats and lowest revenue from boxes is not going to excite a new owner.

Can't Celino & Barnes buy a couple more boxes?

How about the collection agencies?

SpikedLemonade
07-02-2014, 12:16 PM
You can't just ignore the supply part of the equation. There are a lot of economically depressed areas in the country with pro football teams, but they have thousands fewer tickets to sell. It's basic economics - if we had a 65,000 seat stadium as opposed to a 73,000 seat stadium, our tickets would get more expensive.

No NFL city and surrounding catch basin area is as depressed as Buffalo has been and as long. Detroit's inner core is a mess but there is much more wealth outside of Detroit than there is outside Buffalo.

The Bills have the cheapest tickets and had only 7 home games and still could not sell out.

By the way, the Bills are not waiting for a smaller stadium -- they raised prices by 20% this year.

better days
07-02-2014, 12:23 PM
No NFL city and surrounding catch basin area is as depressed as Buffalo has been and as long. Detroit's inner core is a mess but there is much more wealth outside of Detroit than there is outside Buffalo.

The Bills have the cheapest tickets and had only 7 home games and still could not sell out.

By the way, the Bills are not waiting for a smaller stadium -- they raised prices by 20% this year.

Well, at least Buffalo is at the beginning of a resurgence, new well paying jobs are coming to Buffalo.

Detroit, not so much.

IlluminatusUIUC
07-02-2014, 12:27 PM
No NFL city and surrounding catch basin area is as depressed as Buffalo has been and as long. Detroit's inner core is a mess but there is much more wealth outside of Detroit than there is outside Buffalo.

The Bills have the cheapest tickets and had only 7 home games and still could not sell out.

Losing team, remember? Even economically prosperous areas don't shell out for teams in the toilet, just ask the White Sox.


By the way, the Bills are not waiting for a smaller stadium -- they raised prices by 20% this year.

This is about the secondary market. Obviously the price in the primary market is going to affect the secondary market, but it doesn't fully control it.

SpikedLemonade
07-02-2014, 12:31 PM
Well, at least Buffalo is at the beginning of a resurgence, new well paying jobs are coming to Buffalo.

Detroit, not so much.

You are full of chit.

Why don't you come back home to Buffalo Grandpa and retire in Buffalo?

Drive around the city looking past the decline and reminse about the 60s.

Buffalo could use your money.

SpikedLemonade
07-02-2014, 12:37 PM
This is about the secondary market. Obviously the price in the primary market is going to affect the secondary market, but it doesn't fully control it.

True but it is linked.

The extra seats above 65K don't add much revenue if they are not sold (black outs) or they are sold for 1/3 face to manufacture sell outs which Brandon told us was done a few times last year.

Only 2-3 games were real sellouts last year out of the 7.

This year with the fear of relocation due to new ownership, season ticket sales are up.

Let's see if that was last year's walk up purchasing seasons or whether the black outs and manufacturing continues at now higher prices.

better days
07-02-2014, 02:28 PM
You are full of chit.

Why don't you come back home to Buffalo Grandpa and retire in Buffalo?

Drive around the city looking past the decline and reminse about the 60s.

Buffalo could use your money.

Moving is a whole lot easier said than done.

But I heard on the Shredd & Ragan show last week, a high tech company was bringing 5000 jobs to Buffalo.

better days
07-02-2014, 02:30 PM
Which is why it is so important the Bills get more revenue from the luxury boxes now and in a new stadium.

When there was last serious talk about the Bills relocating in the late 90's it was because the leases on the luxury boxes were coming up and not renewing well. The buzz then was that Flutie's exciting style of football got those boxes sold.

A new owner is going to want to make a lot more from those boxes.

Having the cheapest seats and lowest revenue from boxes is not going to excite a new owner.

Can't Celino & Barnes buy a couple more boxes?

How about the collection agencies?

The Bills will make enough money to satisfy their new owner Terry Pegula.

The Bills will not be moving.

SpikedLemonade
07-02-2014, 02:44 PM
Moving is a whole lot easier said than done.

Fair enough, but if even 25% of those people who left Buffalo for greener pastures actually came back and retired in Buffalo with the disposable wealth they accumulated elsewhere, Buffalo would truly be in a resurgence.

Never understood people defending and pining for Buffalo yet they moved away for some reason.

Fletch
07-02-2014, 02:44 PM
No surprise.

http://www.forbes.com/sites/jesselawrence/2014/06/26/amid-franchise-uncertainty-bills-tickets-least-expensive-in-nfl/


The link below has interesting tidbits about sports and money:

http://www.forbes.com/search/?q=sportsmoney

Here's an interesting article that mirrors the notion in this country that taxpayers see their money returned, a laughable notion at the core, when they pay for NFL stadiums.

http://www.forbes.com/sites/andersonantunes/2014/05/27/how-the-2014-fifa-world-cup-became-the-worse-publicity-stunt-in-history/

There have been numerous other articles, including on Forbes too, about that, so why people here and elsewhere keep talking as if building a stadium somehow returns more money to the taxpayers when they are forced to finance one is odd.

http://www.forbes.com/sites/taxanalysts/2013/12/03/the-nfls-tax-favors-1b-and-counting/

http://www.theatlantic.com/magazine/archive/2013/10/how-the-nfl-fleeces-taxpayers/309448/

http://www.bloomberg.com/news/2012-09-05/in-stadium-building-spree-u-s-taxpayers-lose-4-billion.html

In short, taxpayer money goes to the owners, who then funnel some of it to players in terms of contracts, indirectly. If the NFL, like most businesses, had to support itself, salaries/contracts would be much lower.

So one good way of thinking about it is that the players' contracts are taxpayer subsidized.

If fans thought about it that way, then I wonder what they would think here for example about Mario's play. If you're going to get financially butt-raped, as one other poster said in another thread, at least they could do something nice beforehand.

Fletch
07-02-2014, 02:48 PM
The large capacity stadium is a non-issue. If it were, the Bills would eliminate some seats now.

The issue is it is an economically depressed area.

The attendance of Canadians made the situation better but that is changing.

Buffalo has to put on the big boy pants now since the NFL is raising prices quickly.

What percentage of spectators on Sundays is Canadian? I read a couple of years ago that it was as high as 10%, which I question. We can't count any of those fake sellouts where someone steps in to buy the last 4K tix or whatever to avoid a blackout, which is nothing but a writeoff for them since they donate them to charity.

Stadium capacity is what now, 70K? 7K Canadian fans there every Sunday? Doubtful.

better days
07-02-2014, 02:49 PM
Fair enough, but if even 25% of those people who left Buffalo for greener pastures actually came back and retired in Buffalo with the disposable wealth they accumulated elsewhere, Buffalo would truly be in a resurgence.

Never understood people defending and pining for Buffalo yet they moved away for some reason.

The reason most people left Buffalo was a lack of jobs at the time they left.

Fletch
07-02-2014, 02:49 PM
The extra seats above 65K don't add much revenue if they are not sold (black outs) or they are sold for 1/3 face to manufacture sell outs which Brandon told us was done a few times last year.

Only 2-3 games were real sellouts last year out of the 7.

That's what I read, 4 manufactured sellouts.

SpikedLemonade
07-02-2014, 02:53 PM
What percentage of spectators on Sundays is Canadian? I read a couple of years ago that it was as high as 10%, which I question. We can't count any of those fake sellouts where someone steps in to buy the last 4K tix or whatever to avoid a blackout, which is nothing but a writeoff for them since they donate them to charity.

Stadium capacity is what now, 70K? 7K Canadian fans there every Sunday? Doubtful.

The last I read was that Canadians owned 15% of the season tickets.

I believe it is in decline however.

- - - Updated - - -


The reason most people left Buffalo was a lack of jobs at the time they left.

Understood.

The problem still exists.

SpikedLemonade
07-02-2014, 03:05 PM
Here's an interesting article that mirrors the notion in this country that taxpayers see their money returned, a laughable notion at the core, when they pay for NFL stadiums.

http://www.forbes.com/sites/andersonantunes/2014/05/27/how-the-2014-fifa-world-cup-became-the-worse-publicity-stunt-in-history/

There have been numerous other articles, including on Forbes too, about that, so why people here and elsewhere keep talking as if building a stadium somehow returns more money to the taxpayers when they are forced to finance one is odd.

http://www.forbes.com/sites/taxanalysts/2013/12/03/the-nfls-tax-favors-1b-and-counting/

http://www.theatlantic.com/magazine/archive/2013/10/how-the-nfl-fleeces-taxpayers/309448/

http://www.bloomberg.com/news/2012-09-05/in-stadium-building-spree-u-s-taxpayers-lose-4-billion.html


I had read only 2 of those articles before. They make an excellent read.

Of course, the response by the homers is that NYC and NYS can now pay for a stadium for Buffalo since Buffalo has done so much for NYC and NYS in the past by their taxes.

Fletch
07-02-2014, 04:11 PM
Of course, the response by the homers is that NYC and NYS can now pay for a stadium for Buffalo since Buffalo has done so much for NYC and NYS in the past by their taxes.

LOL, quite true.

What they don't realize is that Upstate NY, other than for vacationing purposes, is NYC's cheap ho.

Upper NYS would be a beautiful state in many ways if Upstate could secede from Downstate.

better days
07-02-2014, 11:45 PM
LOL, quite true.

What they don't realize is that Upstate NY, other than for vacationing purposes, is NYC's cheap ho.

Upper NYS would be a beautiful state in many ways if Upstate could secede from Downstate.

LMAO. What you don't realize is Upstate NY is the CATSKILL Mountains. A place to vacation for sure but in no need of an NFL Stadium.

Buffalo is located in WESTERN New York. NOT Upstate.

Maybe you should buy yourself a map.

Mike
07-03-2014, 12:34 PM
Fair enough, but if even 25% of those people who left Buffalo for greener pastures actually came back and retired in Buffalo with the disposable wealth they accumulated elsewhere, Buffalo would truly be in a resurgence.

Never understood people defending and pining for Buffalo yet they moved away for some reason.

Once you leave Buffalo there is potentially only one good reason for retiring there: family.

No chance 25% of those who left return during retirement. I don't even think 1% is reasonable.

Retires like warm dry climates like AZ or tax advantageous states like Florida. No one goes to Buffalo to retire.