08-04-2009, 11:29 PM
<!--quoteo(post=55681:date=Aug 4 2009, 10:05 PM:name=1060Ivy)-->QUOTE (1060Ivy @ Aug 4 2009, 10:05 PM) <{POST_SNAPBACK}><!--quotec-->If you are comparing the Cubs revenue base to the Yankees, there is no comparison. The Yanks have double the revenue base of more than 1/4 of MLB teams but if want to compare the Cubs to the Cardinals, you may find more interesting story.
The Cubs have done some work in identifying new revenue streams in recent years including - CBOE seats, Wrigley Field Premium Tickets, Roof Top concessions - but the Red Sox have done a better job with developing additional revenue streams mostly within Fenway - Yawkey Way, NESN, Green Monster and other premium seats, add'l concessions, increasing ticket prices, etc.
The Cubs may not be able to compete with the Yankees but they should be able to more than compete against a majority of the league even within the confines of Wrigley.<!--QuoteEnd--><!--QuoteEEnd-->
AGAIN, I'm not saying the Cubs can't compete. I'm saying that outside of ticket sales, the Cubs extra revenue sources are limited. The Yankees CHEAPEST luxury suite for premium games is $9500. The cubs MOST EXPENSIVE is 12,000. My season tickets, 4 seats for 81 games, totaled less than 6500 dollars. So while ticket sales are great and all, the Yankees cheapest suite is almost twice as much as my 324 tickets cost, and that is just for one game.
So AGAIN, where other teams can make money on suites, advertising, and parking, the Cubs ability to do that is limited. I'd also add that even as far as ticket sales goes, Wrigley is limiting as well, as the Dodgers can pack 56,000 each game, the Cubs only about 42,000.
The Cubs have done some work in identifying new revenue streams in recent years including - CBOE seats, Wrigley Field Premium Tickets, Roof Top concessions - but the Red Sox have done a better job with developing additional revenue streams mostly within Fenway - Yawkey Way, NESN, Green Monster and other premium seats, add'l concessions, increasing ticket prices, etc.
The Cubs may not be able to compete with the Yankees but they should be able to more than compete against a majority of the league even within the confines of Wrigley.<!--QuoteEnd--><!--QuoteEEnd-->
AGAIN, I'm not saying the Cubs can't compete. I'm saying that outside of ticket sales, the Cubs extra revenue sources are limited. The Yankees CHEAPEST luxury suite for premium games is $9500. The cubs MOST EXPENSIVE is 12,000. My season tickets, 4 seats for 81 games, totaled less than 6500 dollars. So while ticket sales are great and all, the Yankees cheapest suite is almost twice as much as my 324 tickets cost, and that is just for one game.
So AGAIN, where other teams can make money on suites, advertising, and parking, the Cubs ability to do that is limited. I'd also add that even as far as ticket sales goes, Wrigley is limiting as well, as the Dodgers can pack 56,000 each game, the Cubs only about 42,000.
I wish that I believed in Fate. I wish I didn't sleep so late. I used to be carried in the arms of cheerleaders.