Cubs Sale Is Done

[Kid]

<!--quoteo(post=63495:date=Sep 17 2009, 04:28 PM:name=BT)-->QUOTE (BT @ Sep 17 2009, 04:28 PM) <{POST_SNAPBACK}><!--quotec--><!--quoteo(post=63480:date=Sep 17 2009, 02:12 PM:name=Bricklayer)--><div class='quotetop'>QUOTE (Bricklayer @ Sep 17 2009, 02:12 PM) <{POST_SNAPBACK}><!--quotec--><!--quoteo(post=63478:date=Sep 17 2009, 02:07 PM:name=Butcher)--><div class='quotetop'>QUOTE (Butcher @ Sep 17 2009, 02:07 PM) <{POST_SNAPBACK}><!--quotec--><!--quoteo(post=63475:date=Sep 17 2009, 01:53 PM:name=rok)--><div class='quotetop'>QUOTE (rok @ Sep 17 2009, 01:53 PM) <{POST_SNAPBACK}><!--quotec--><!--quoteo(post=63474:date=Sep 17 2009, 01:46 PM:name=Butcher)--><div class='quotetop'>QUOTE (Butcher @ Sep 17 2009, 01:46 PM) <{POST_SNAPBACK}><!--quotec--><!--quoteo(post=63466:date=Sep 17 2009, 01:09 PM:name=rok)--><div class='quotetop'>QUOTE (rok @ Sep 17 2009, 01:09 PM) <{POST_SNAPBACK}><!--quotec-->Interesting article on the Cubs sale and their revenue breakdown

<!--quoteo--><div class='quotetop'>QUOTE <!--quotec-->Game-day profits

The Cubs make, on average, more than $2 million for each of their 81 regular-season home games. Here's a breakdown of the estimated income per game:

Tickets $1.8 million
Broadcast rights $275,000
Luxury boxes $120,000
Concessions $185,000
Merchandise $50,000<!--QuoteEnd--><!--QuoteEEnd-->
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What are the average broadcast rights for other teams? I have no idea what to compare it to, but with a broad fanbase, it seems like the Cubs could do better.
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Not sure, but in the article it mentions we only earn $200k from WGN per game, while CSN pays us $350k. I think we can up our broadcast revenue by at least 25% by ditching the superstation.
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I wonder how much the Yankees make off the YES network and the Red Sox from NESN. The Cubs need to get in on some similar action...
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<!--quoteo-->QUOTE <!--quotec-->When the rights agreement between the Cubs, Comcast and WGN expires in 2019, the Cubs could start their own regional sports network similar to YES, the cable network that generates more than $200 million a year for the Yankees.<!--QuoteEnd--><!--QuoteEEnd-->

You should read the article.
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So, just to be clear, the Yankees make more on just their cable network each year, than the cubs make off cable, tickets, merchandising, concessions, and luxury suites? Wow.
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No. I think those are just how much they make at home games. They make money off of all those things except concessions for away games too, and make a ton off merchandising outside of the stadium.