They basically pay zero rent
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| Sox supposedly lost 53.4 million last season https://mail.chicagofanatics.com/viewtopic.php?f=33&t=129625 |
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| Author: | conns7901 [ Thu Mar 23, 2023 12:04 pm ] |
| Post subject: | Sox supposedly lost 53.4 million last season |
I find that hard to believe. |
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| Author: | Caller Bob [ Thu Mar 23, 2023 12:06 pm ] |
| Post subject: | Re: Sox supposedly lost 53.4 million last season |
| They basically pay zero rent
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| Author: | Frank Coztansa [ Thu Mar 23, 2023 12:12 pm ] |
| Post subject: | Re: Sox supposedly lost 53.4 million last season |
I find this hard to believe as well, but I hope its true. Fuckers don't deserve a dime with what transpired last season. |
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| Author: | Nas [ Thu Mar 23, 2023 12:12 pm ] |
| Post subject: | Re: Sox supposedly lost 53.4 million last season |
Caller Bob wrote: :lol: They basically pay zero rent No one shows up, even when they are good/great. |
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| Author: | Thomas-Sox-WorldSeries [ Thu Mar 23, 2023 12:15 pm ] |
| Post subject: | Re: Sox supposedly lost 53.4 million last season |
They'll use this to justify signing their next past-his-prime infielder. |
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| Author: | Caller Bob [ Thu Mar 23, 2023 12:16 pm ] |
| Post subject: | Re: Sox supposedly lost 53.4 million last season |
Nas wrote: Caller Bob wrote: :lol: They basically pay zero rent No one shows up, even when they are good/great. They still get the TV money |
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| Author: | RFDC [ Thu Mar 23, 2023 12:19 pm ] |
| Post subject: | Re: Sox supposedly lost 53.4 million last season |
The As as the 5th most profitable in baseball? wow
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| Author: | Nardi [ Thu Mar 23, 2023 12:21 pm ] |
| Post subject: | Re: Sox supposedly lost 53.4 million last season |
Nas wrote: Caller Bob wrote: :lol: They basically pay zero rent No one shows up, even when they are good/great. Local ratings probably suck and ad revenue is in the toilet. NBC didn't bid for rights, Sox own 1/3 of the RSN, as I understand it. |
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| Author: | pittmike [ Thu Mar 23, 2023 12:23 pm ] |
| Post subject: | Re: Sox supposedly lost 53.4 million last season |
Nardi wrote: Nas wrote: Caller Bob wrote: :lol: They basically pay zero rent No one shows up, even when they are good/great. Local ratings probably suck and ad revenue is in the toilet. NBC didn't bid for rights, Sox own 1/3 of the RSN, as I understand it. That might be part of it. Isn't there some clause where the free rent is only if tickets are way down? With the expectations before the shitty season maybe they sold too many tickets? Even if no one showed. |
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| Author: | Brick [ Thu Mar 23, 2023 12:26 pm ] |
| Post subject: | Re: Sox supposedly lost 53.4 million last season |
Jerry once again willing to lose money to try and give Chicago another winner. |
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| Author: | Nardi [ Thu Mar 23, 2023 12:28 pm ] |
| Post subject: | Re: Sox supposedly lost 53.4 million last season |
Quote: If 1.9 million fans or more attended, Reinsdorf would have to pay somewhere between $3-9 per ticket sold that year. 2,009,359 So close. No wonder he didn't fire Tony early. |
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| Author: | veganfan21 [ Thu Mar 23, 2023 12:30 pm ] |
| Post subject: | Re: Sox supposedly lost 53.4 million last season |
RFDC wrote: The As as the 5th most profitable in baseball? wowIt's possible if you run a tight ship operationally, create decent revenue streams on top of the game, and don't carry bloated contracts. |
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| Author: | Nardi [ Thu Mar 23, 2023 12:33 pm ] |
| Post subject: | Re: Sox supposedly lost 53.4 million last season |
MLB attendance in general fell 6% from 2019, the last year before China and Dr Fauci unleashed COVID |
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| Author: | Big Brane [ Thu Mar 23, 2023 12:34 pm ] |
| Post subject: | Re: Sox supposedly lost 53.4 million last season |
BUT,,,its all about the REBUILD, and EXPEREINCE of the park! NOW im sure FF or Frank will tell me how good Moledo tastes with a CHURRO? The REAL question is, how much money am I paying to STATE OF IL PARK if they dont sell enough beer??? San Antonio WHIET SOCK"s,,,,,,HMMMM ?? |
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| Author: | denisdman [ Thu Mar 23, 2023 12:43 pm ] |
| Post subject: | Re: Sox supposedly lost 53.4 million last season |
Moledo? Is that some type of South Side sauce? |
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| Author: | Caller Bob [ Thu Mar 23, 2023 12:45 pm ] |
| Post subject: | Re: Sox supposedly lost 53.4 million last season |
denisdman wrote: Moledo? Is that some type of South Side sauce? It's their latest Cuban signing |
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| Author: | Frank Coztansa [ Thu Mar 23, 2023 12:48 pm ] |
| Post subject: | Re: Sox supposedly lost 53.4 million last season |
Caller Bob with over 80% more posts in the Sox section than he has in the Cubs section so far this year
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| Author: | veganfan21 [ Thu Mar 23, 2023 1:01 pm ] |
| Post subject: | Re: Sox supposedly lost 53.4 million last season |
Nardi wrote: MLB attendance in general fell 6% from 2019, the last year before China and Dr Fauci unleashed COVID Without seeing any numbers, I have to assume most/all clubs take a loss each weekday the park is open for a game. Not sure how much if any the low attendance revenue actually surpass the cost of keeping the lights on for that game. |
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| Author: | Caller Bob [ Thu Mar 23, 2023 1:04 pm ] |
| Post subject: | Re: Sox supposedly lost 53.4 million last season |
veganfan21 wrote: Nardi wrote: MLB attendance in general fell 6% from 2019, the last year before China and Dr Fauci unleashed COVID Without seeing any numbers, I have to assume most/all clubs take a loss each weekday the park is open for a game. Not sure how much if any the low attendance revenue actually surpass the cost of keeping the lights on for that game. The lease costs them just 18K per game. How in the fuck are they losing money? 2 million fans is about 25K per home game. Just taking 75 cents from each fan in attendance covers their faciltiy. Ain't no fucking way they losing money. |
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| Author: | good dolphin [ Thu Mar 23, 2023 1:15 pm ] |
| Post subject: | Re: Sox supposedly lost 53.4 million last season |
JR isn't losing money in the way we think of it. His accounting shows he's "losing" money so that he can make more money than he already made. |
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| Author: | Nas [ Thu Mar 23, 2023 1:23 pm ] |
| Post subject: | Re: Sox supposedly lost 53.4 million last season |
good dolphin wrote: JR isn't losing money in the way we think of it. His accounting shows he's "losing" money so that he can make more money than he already made. Antisemitic trope! |
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| Author: | Beardown [ Thu Mar 23, 2023 2:29 pm ] |
| Post subject: | Re: Sox supposedly lost 53.4 million last season |
conns7901 wrote: I find that hard to believe. That's complete bullshit. |
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| Author: | Nardi [ Thu Mar 23, 2023 3:53 pm ] |
| Post subject: | Re: Sox supposedly lost 53.4 million last season |
Caller Bob wrote: veganfan21 wrote: Nardi wrote: MLB attendance in general fell 6% from 2019, the last year before China and Dr Fauci unleashed COVID Without seeing any numbers, I have to assume most/all clubs take a loss each weekday the park is open for a game. Not sure how much if any the low attendance revenue actually surpass the cost of keeping the lights on for that game. The lease costs them just 18K per game. How in the fuck are they losing money? 2 million fans is about 25K per home game. Just taking 75 cents from each fan in attendance covers their faciltiy. Ain't no fucking way they losing money. I don't think he's on the hook for maintenance either other than setup & cleanup. Why would he ever move? Those 987 skyboxes go unsold though. |
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| Author: | Frank Coztansa [ Thu Mar 23, 2023 4:06 pm ] |
| Post subject: | Re: Sox supposedly lost 53.4 million last season |
They will lose more this year. Shorter games means less time to buy $12 beers (probably $14 this year) |
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| Author: | Nas [ Thu Mar 23, 2023 4:17 pm ] |
| Post subject: | Re: Sox supposedly lost 53.4 million last season |
Uncle Jerry gives free tickets to CPS kids. |
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| Author: | Hussra [ Thu Mar 23, 2023 4:31 pm ] |
| Post subject: | Re: Sox supposedly lost 53.4 million last season |
Guessing those losses are before $100 mil+ per team revenue sharing is taken into account. |
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| Author: | Warren Newson [ Thu Mar 23, 2023 5:23 pm ] |
| Post subject: | Re: Sox supposedly lost 53.4 million last season |
conns7901 wrote: I find that hard to believe. All of these numbers are just presented and no attribution to any source is given. So, I don't know if I buy any of it. However, if the A's numbers are correct, that's absolutely disgusting. |
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| Author: | Beardown [ Thu Mar 23, 2023 9:28 pm ] |
| Post subject: | Re: Sox supposedly lost 53.4 million last season |
No way Jerry is taking a loss. They know what they average every year in attendence. About 25k. Which is what they did last year. 20k when they're a shit team. They were a shit team but they were projected to be better. He knows what the numbers are gonna be before the year starts. Jerry isn't taking a 55 million dollar hit. He's just not. He actually has like 20 minority owners that he has to answer to. People forget that. He's the majority owner but not by much as far as percentage when you add up the minority owners. And I know the A's have a smaller pay roll. But they can't be making 65 million when the Sox are minus 55 million. Makes no sense. All those numbers are false. Every MLB team had a profit last year. There's Yankees, Dodgers, Cubs and Red Sox profit. Which is huge. But everybody else does fine. The Dodgers got in on that Reginal sports network money before that money dried up. They have a long term deal. Cubs got into that when the money wasn't there. Then Covid killed all of that foolish money. |
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| Author: | Douchebag [ Thu Mar 23, 2023 10:06 pm ] |
| Post subject: | Re: Sox supposedly lost 53.4 million last season |
Big Brane wrote: BUT,,,its all about the REBUILD, and EXPEREINCE of the park! NOW im sure FF or Frank will tell me how good Moledo tastes with a CHURRO? The REAL question is, how much money am I paying to STATE OF IL PARK if they dont sell enough beer??? San Antonio WHIET SOCK"s,,,,,,HMMMM ??
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| Author: | Seacrest [ Thu Mar 23, 2023 10:16 pm ] |
| Post subject: | Re: Sox supposedly lost 53.4 million last season |
Warren Newson wrote: conns7901 wrote: I find that hard to believe. All of these numbers are just presented and no attribution to any source is given. So, I don't know if I buy any of it. However, if the A's numbers are correct, that's absolutely disgusting. The average attendance at Oakland Athletics games in Major League Baseball in 2022 was 9,973. Those numbers can't be correct. |
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