That's what I heard.
GM Hockey
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Are you averaging those ticket prices between lower and upper bowl?DefenceWinsChampionships wrote:Totally estimating this:
Revenue:
Ticket Sales: $250 per ticket x 19,000 people => $4,750,000
Parking: 8,000 cars x $18 each => $144,000
Concessions: $40 per person x 19,000=> $760,000
Total: $5,654,000
Variable Costs:
Utilities
Non-contract staff
Food costs
I'd imagine they probably clear at least $2-2.5M per home game
All your estimates are high.DefenceWinsChampionships wrote:Totally estimating this:
Revenue:
Ticket Sales: $250 per ticket x 19,000 people => $4,750,000
Parking: 8,000 cars x $18 each => $144,000
Concessions: $40 per person x 19,000=> $760,000
Total: $5,654,000
Variable Costs:
Utilities
Non-contract staff
Food costs
I'd imagine they probably clear at least $2-2.5M per home game
Flo The Action wrote:Did they up the price on each round? Wow.wprager wrote:Back in the day they were saying each home playoff game brought in $1M profits. So that's $8M minimum, even if we get swept. And likely more, as they've upped the ticket prices each round.
That 1mill was many years ago. I'm sure it's more than that now.
I understand the rational for wanting to sell them that much but at what point does it become price gouging.spader wrote:Flo The Action wrote:Did they up the price on each round? Wow.wprager wrote:Back in the day they were saying each home playoff game brought in $1M profits. So that's $8M minimum, even if we get swept. And likely more, as they've upped the ticket prices each round.
That 1mill was many years ago. I'm sure it's more than that now.
They should. They have a pretty exclusive product. There are only 4 cities holding NHL games. I'd certainly pay more for conference final tickets than 1st round tickets.
Oglethorpe wrote:All your estimates are high.DefenceWinsChampionships wrote:Totally estimating this:
Revenue:
Ticket Sales: $250 per ticket x 19,000 people => $4,750,000
Parking: 8,000 cars x $18 each => $144,000
Concessions: $40 per person x 19,000=> $760,000
Total: $5,654,000
Variable Costs:
Utilities
Non-contract staff
Food costs
I'd imagine they probably clear at least $2-2.5M per home game
3 beer and a hot dog is about 40 but a family of 4 isn't putting back 12 beer.
I think it's closer to 5000 cars
Average ticket price for round 3 is under 200.
Flo The Action wrote:I understand the rational for wanting to sell them that much but at what point does it become price gouging.spader wrote:Flo The Action wrote:Did they up the price on each round? Wow.wprager wrote:Back in the day they were saying each home playoff game brought in $1M profits. So that's $8M minimum, even if we get swept. And likely more, as they've upped the ticket prices each round.
That 1mill was many years ago. I'm sure it's more than that now.
They should. They have a pretty exclusive product. There are only 4 cities holding NHL games. I'd certainly pay more for conference final tickets than 1st round tickets.
DefenceWinsChampionships wrote:Flo The Action wrote:I understand the rational for wanting to sell them that much but at what point does it become price gouging.spader wrote:Flo The Action wrote:Did they up the price on each round? Wow.wprager wrote:Back in the day they were saying each home playoff game brought in $1M profits. So that's $8M minimum, even if we get swept. And likely more, as they've upped the ticket prices each round.
That 1mill was many years ago. I'm sure it's more than that now.
They should. They have a pretty exclusive product. There are only 4 cities holding NHL games. I'd certainly pay more for conference final tickets than 1st round tickets.
It's economics. Supply vs Demand. Demand increases, price increases. They just have to be careful that they don't exceed their equilibrium price which in my opinion is why we are not selling out. Prices and cost of going to the game is exceeding the cost that consumers are willing to pay.
But the 'casual' bandwagon fans pay these prices. A co-worker of mine is buying two tickets in 305 row E for $450 CAD. Add on parking, food, beer, etc and their night is going to cost over $500. To me I'd much rather spend $150 of that at a bar and put the other $350 towards something else. But - if tickets were $150 each I'd maybe make the argument that it's money well spent. But $450 for two tickets in the 300s is ludicrous.
Ev wrote:I'm sorry but anyone complaining about prices going up by a lot is nuts. same thing in every other city . Everyone should have bought a pack for next year to get super discounted playoff tickets. Round 1 cost me $30, round 2 cost me $65 (front row 300) and round 3 is $116 for 200 level corner
Last edited by Flo The Action on Fri May 12, 2017 11:09 am; edited 1 time in total
Flo The Action wrote:Well I think the prices are fairly high if that's what they are for the 300's . Ev, you did pretty good if that's the deals you got. Unfortunately I don't live in the city so if I came down it be walk in prices and I can't see myself paying those prices at the moment. Maybe next year.
I understand the S&D equilibrium but even if does get matched with numbers it will still leave a section of fans that was only was able to pay lower prices feeling a little bitter about the huge hikes. What's the lowest possible prices to watch the games right now?
Yeah that's decent.Ev wrote:Flo The Action wrote:Well I think the prices are fairly high if that's what they are for the 300's . Ev, you did pretty good if that's the deals you got. Unfortunately I don't live in the city so if I came down it be walk in prices and I can't see myself paying those prices at the moment. Maybe next year.
I understand the S&D equilibrium but even if does get matched with numbers it will still leave a section of fans that was only was able to pay lower prices feeling a little bitter about the huge hikes. What's the lowest possible prices to watch the games right now?
300s are around 130. That is not high for Round 3 of the playoffs.
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