It is currently Thu Nov 28, 2024 1:15 am

All times are UTC - 6 hours [ DST ]




Post new topic Reply to topic  [ 55 posts ]  Go to page 1, 2  Next
Author Message
 Post subject: A revenue machine!
PostPosted: Sat Dec 16, 2017 11:24 am 
Offline
User avatar

Joined: Thu Sep 30, 2010 3:40 pm
Posts: 16490
pizza_Place: Boni Vino
According to Bruce Levine, the White Sox have annual revenues of over $250m (counting tickets, MLB media, streaming, etc.) and a payroll of only $55m. And he said don't worry...Reinsdorf et al are not booking profits on that money but banking it for the future. :lol:

_________________
To IkeSouth, bigfan wrote:
Are you stoned or pissed off, or both, when you create these postings?


Top
 Profile  
 
 Post subject: Re: A revenue machine!
PostPosted: Sat Dec 16, 2017 11:28 am 
Offline
User avatar

Joined: Thu Sep 03, 2015 6:55 am
Posts: 6549
pizza_Place: Giordano's
Jaw Breaker wrote:
According to Bruce Levine, the White Sox have annual revenues of over $250m (counting tickets, MLB media, streaming, etc.) and a payroll of only $55m. And he said don't worry...Reinsdorf et al are not booking profits on that money but banking it for the future. :lol:

IF this is the case, I expect serious offers for Machado and Harper.


Top
 Profile  
 
 Post subject: Re: A revenue machine!
PostPosted: Sat Dec 16, 2017 11:29 am 
Offline
User avatar

Joined: Wed Jul 29, 2009 6:05 pm
Posts: 68612
pizza_Place: Lina's Pizza
Cashman wrote:
Jaw Breaker wrote:
According to Bruce Levine, the White Sox have annual revenues of over $250m (counting tickets, MLB media, streaming, etc.) and a payroll of only $55m. And he said don't worry...Reinsdorf et al are not booking profits on that money but banking it for the future. :lol:

IF this is the case, I expect serious offers for Machado and Harper.


It isn't the case.

Bruce as usual is wrong.

_________________
The Hawk wrote:
There is not a damned thing wrong with people who are bull shitters.


Top
 Profile  
 
 Post subject: Re: A revenue machine!
PostPosted: Sat Dec 16, 2017 11:43 am 
Offline
User avatar

Joined: Sun Jan 30, 2011 10:15 am
Posts: 27591
pizza_Place: nick n vito's
The Sox made good money last, Id guess 90 million..is Levine saying they made 195 million?

_________________
The Original Kid Cairo wrote:
Laurence Holmes is a fucking weirdo, a nerd in denial, and a wannabe. Not a very good radio host either.


Top
 Profile  
 
 Post subject: Re: A revenue machine!
PostPosted: Sat Dec 16, 2017 12:18 pm 
Offline
User avatar

Joined: Thu Sep 03, 2015 6:55 am
Posts: 6549
pizza_Place: Giordano's
312player wrote:
The Sox made good money last, Id guess 90 million..is Levine saying they made 195 million?



If you put a good product on the field, more people would show up. We don't show up to watch a shit show.


Top
 Profile  
 
 Post subject: Re: A revenue machine!
PostPosted: Sat Dec 16, 2017 3:27 pm 
Offline
User avatar

Joined: Mon Feb 16, 2015 1:15 pm
Posts: 41378
Location: Small Fringe Minority
pizza_Place: John's
They basically play at the dump Image for free.. I think they only pay 1 million a year in rent. So yeah, they make good money.


Top
 Profile  
 
 Post subject: Re: A revenue machine!
PostPosted: Sat Dec 16, 2017 3:55 pm 
Offline
100000 CLUB
User avatar

Joined: Wed Feb 08, 2006 6:17 pm
Posts: 102657
pizza_Place: Vito & Nick's
I would rather see my team at that "dump" than pay $125 for a ticket where a pole obstructs my view of the Toyota sign and the albatross that is a Jumbotron.

_________________
Joe Orr Road Rod wrote:
It's more fun to be a victim
Caller Bob wrote:
There will never be an effective vaccine. I'll never get one anyway.


Top
 Profile  
 
 Post subject: Re: A revenue machine!
PostPosted: Sat Dec 16, 2017 4:38 pm 
Offline
User avatar

Joined: Mon Feb 16, 2015 1:15 pm
Posts: 41378
Location: Small Fringe Minority
pizza_Place: John's
Frank Coztansa wrote:
I would rather see my team at that "dump" than pay $125 for a ticket where a pole obstructs my view of the Toyota sign and the albatross that is a Jumbotron.

ok


Top
 Profile  
 
 Post subject: Re: A revenue machine!
PostPosted: Sat Dec 16, 2017 8:56 pm 
Offline
User avatar

Joined: Wed Jun 21, 2006 6:57 pm
Posts: 92099
Location: To the left of my post
This is the first year in my lifetime they didn't try to win. Jerry deserves it.

_________________
You do not talk to me like that! I work too hard to deal with this stuff! I work too hard! I'm an important member of the CSFMB! I drive a Dodge Stratus!


Top
 Profile  
 
 Post subject: Re: A revenue machine!
PostPosted: Sun Dec 17, 2017 6:59 am 
Offline
User avatar

Joined: Mon Aug 25, 2014 10:32 pm
Posts: 13865
Location: France
pizza_Place: Baranabyis
Party ends in 2029


Top
 Profile  
 
 Post subject: Re: A revenue machine!
PostPosted: Sun Dec 17, 2017 10:44 am 
Offline
User avatar

Joined: Sun Nov 26, 2006 8:10 pm
Posts: 38609
Location: "Across 110th Street"
Boilermaker Rick wrote:
This is the first year in my lifetime they didn't try to win. Jerry deserves it.


I love the guy, but you clearly don't remember the gm Hawk year.

_________________
There are only two examples of infinity: The universe and human stupidity and I'm not sure about the universe.


Top
 Profile  
 
 Post subject: Re: A revenue machine!
PostPosted: Sun Dec 17, 2017 10:50 am 
Offline
User avatar

Joined: Fri Mar 31, 2006 3:29 pm
Posts: 34795
pizza_Place: Al's Pizza
Revenue machine!

Image

_________________
Good people drink good beer - Hunter S. Thompson

<º)))><

Waiting for the time when I can finally say
That this has all been wonderful, but now I'm on my way


Top
 Profile  
 
 Post subject: Re: A revenue machine!
PostPosted: Mon Dec 18, 2017 11:15 am 
Offline
User avatar

Joined: Thu Feb 17, 2005 2:35 pm
Posts: 82255
America wrote:
Party ends in 2029


JR will be long gone with his sack of money by then.

Bigfan always said that the Sox and Bulls had nearly identical investors. The Bulls always paid out annually to the investors. The Sox were more of something they could bring people to and impress them as an owner. They didn't lose money and they paid out annually but it wasn't an ATM. The big money the Bulls produced every year made it easy to lay the arm on investors in the odd occurrence there was a capital call to add to budget. Also, the real money in the investment for JR investors was in the sale as the team value went up thousands of percent. In the meantime, they know JR will never lose them money in a year.

_________________
O judgment! Thou art fled to brutish beasts,
And men have lost their reason.


Top
 Profile  
 
 Post subject: Re: A revenue machine!
PostPosted: Mon Dec 18, 2017 11:20 am 
Offline
User avatar

Joined: Wed Jun 21, 2006 6:57 pm
Posts: 92099
Location: To the left of my post
America wrote:
Party ends in 2029
Unlikely. They'll get an even better deal. The Sox are now the only team in the city that can make a believable claim to leave the city or state.

I mean, DePaul pulled off a new stadium. You can't let the White Sox leave.

_________________
You do not talk to me like that! I work too hard to deal with this stuff! I work too hard! I'm an important member of the CSFMB! I drive a Dodge Stratus!


Top
 Profile  
 
 Post subject: Re: A revenue machine!
PostPosted: Mon Dec 18, 2017 11:33 am 
Offline
User avatar

Joined: Wed Nov 30, 2005 11:36 pm
Posts: 19378
Boilermaker Rick wrote:
America wrote:
Party ends in 2029
Unlikely. They'll get an even better deal. The Sox are now the only team in the city that can make a believable claim to leave the city or state.

I mean, DePaul pulled off a new stadium. You can't let the White Sox leave.


Sure you could.

_________________
Frank Coztansa wrote:
conns7901 wrote:
Not over yet.
Yes it is.


CDOM wrote:
When this is all over, which is not going to be for a while, Trump will be re-elected President.


Top
 Profile  
 
 Post subject: Re: A revenue machine!
PostPosted: Mon Dec 18, 2017 11:42 am 
Offline
User avatar

Joined: Wed Jun 21, 2006 6:57 pm
Posts: 92099
Location: To the left of my post
Awesome counterpoint.

_________________
You do not talk to me like that! I work too hard to deal with this stuff! I work too hard! I'm an important member of the CSFMB! I drive a Dodge Stratus!


Top
 Profile  
 
 Post subject: Re: A revenue machine!
PostPosted: Mon Dec 18, 2017 11:45 am 
Offline
User avatar

Joined: Wed Nov 30, 2005 11:36 pm
Posts: 19378
Boilermaker Rick wrote:
Awesome counterpoint.


Yup!

_________________
Frank Coztansa wrote:
conns7901 wrote:
Not over yet.
Yes it is.


CDOM wrote:
When this is all over, which is not going to be for a while, Trump will be re-elected President.


Top
 Profile  
 
 Post subject: Re: A revenue machine!
PostPosted: Mon Dec 18, 2017 11:47 am 
Offline
User avatar

Joined: Wed Nov 30, 2005 11:36 pm
Posts: 19378
Quote:
Though the ballpark has now been paid for, a variety of taxes continue to underwrite millions of dollars' worth of renovations for a facility economists say has limited economic impact on Chicago.

"The return of investment is really low, maybe negative" for the public, University of Chicago sports economist Allen Sanderson said.


http://www.chicagotribune.com/news/ct-s ... story.html

White Sox are a drain on Chicago and the state with little to no economic impact.

_________________
Frank Coztansa wrote:
conns7901 wrote:
Not over yet.
Yes it is.


CDOM wrote:
When this is all over, which is not going to be for a while, Trump will be re-elected President.


Top
 Profile  
 
 Post subject: Re: A revenue machine!
PostPosted: Mon Dec 18, 2017 11:48 am 
Offline
User avatar

Joined: Tue Aug 19, 2008 3:03 pm
Posts: 43579
conns7901 wrote:
Boilermaker Rick wrote:
Awesome counterpoint.


Yup!

:lol: :lol:

_________________
Juice's Lecture Notes wrote:
I am not a legal expert, how many times do I have to say it?


Top
 Profile  
 
 Post subject: Re: A revenue machine!
PostPosted: Mon Dec 18, 2017 11:49 am 
Offline
User avatar

Joined: Wed Jun 21, 2006 6:57 pm
Posts: 92099
Location: To the left of my post
conns7901 wrote:
Quote:
Though the ballpark has now been paid for, a variety of taxes continue to underwrite millions of dollars' worth of renovations for a facility economists say has limited economic impact on Chicago.

"The return of investment is really low, maybe negative" for the public, University of Chicago sports economist Allen Sanderson said.


http://www.chicagotribune.com/news/ct-s ... story.html

White Sox are a drain on Chicago and the state with little to no economic impact.
Ok, will the Sox play in the city of Chicago in 2030?

_________________
You do not talk to me like that! I work too hard to deal with this stuff! I work too hard! I'm an important member of the CSFMB! I drive a Dodge Stratus!


Top
 Profile  
 
 Post subject: Re: A revenue machine!
PostPosted: Mon Dec 18, 2017 12:30 pm 
Offline
User avatar

Joined: Wed Nov 30, 2005 11:36 pm
Posts: 19378
Boilermaker Rick wrote:
conns7901 wrote:
Quote:
Though the ballpark has now been paid for, a variety of taxes continue to underwrite millions of dollars' worth of renovations for a facility economists say has limited economic impact on Chicago.

"The return of investment is really low, maybe negative" for the public, University of Chicago sports economist Allen Sanderson said.


http://www.chicagotribune.com/news/ct-s ... story.html

White Sox are a drain on Chicago and the state with little to no economic impact.
Ok, will the Sox play in the city of Chicago in 2030?


Not in a new fully funded stadium by the tax payers.

_________________
Frank Coztansa wrote:
conns7901 wrote:
Not over yet.
Yes it is.


CDOM wrote:
When this is all over, which is not going to be for a while, Trump will be re-elected President.


Top
 Profile  
 
 Post subject: Re: A revenue machine!
PostPosted: Mon Dec 18, 2017 12:35 pm 
Offline
User avatar

Joined: Thu Nov 16, 2006 6:29 pm
Posts: 55968
pizza_Place: Barstool One Bite Frozen
New Comiskey is only 27 years old and underwent thorough renovations about 15 years ago. Unlike New Yankee Stadium which started falling apart the day it was built, you have to believe the structure has good bones and can take on another round of renovations if necessary. They should not need a brand-new stadium in 2029, and if they demand to be built one or else, then the choice has to be...else.

_________________
Molly Lambert wrote:
The future holds the possibility to be great or terrible, and since it has not yet occurred it remains simultaneously both.


Top
 Profile  
 
 Post subject: Re: A revenue machine!
PostPosted: Mon Dec 18, 2017 12:35 pm 
Offline
User avatar

Joined: Fri Mar 31, 2006 3:29 pm
Posts: 34795
pizza_Place: Al's Pizza
Boilermaker Rick wrote:
Awesome counterpoint.


Image

_________________
Good people drink good beer - Hunter S. Thompson

<º)))><

Waiting for the time when I can finally say
That this has all been wonderful, but now I'm on my way


Top
 Profile  
 
 Post subject: Re: A revenue machine!
PostPosted: Mon Dec 18, 2017 12:37 pm 
Offline
User avatar

Joined: Wed Jun 21, 2006 6:57 pm
Posts: 92099
Location: To the left of my post
conns7901 wrote:
Boilermaker Rick wrote:
conns7901 wrote:
Quote:
Though the ballpark has now been paid for, a variety of taxes continue to underwrite millions of dollars' worth of renovations for a facility economists say has limited economic impact on Chicago.

"The return of investment is really low, maybe negative" for the public, University of Chicago sports economist Allen Sanderson said.


http://www.chicagotribune.com/news/ct-s ... story.html

White Sox are a drain on Chicago and the state with little to no economic impact.
Ok, will the Sox play in the city of Chicago in 2030?


Not in a new fully funded stadium by the tax payers.
Well, they don't play in a fully funded stadium by the tax payers now so I don't know how to take your comment here.

Do you mean they'll have to build their own stadium, or buy New Comiskey?

_________________
You do not talk to me like that! I work too hard to deal with this stuff! I work too hard! I'm an important member of the CSFMB! I drive a Dodge Stratus!


Top
 Profile  
 
 Post subject: Re: A revenue machine!
PostPosted: Mon Dec 18, 2017 12:45 pm 
Offline
User avatar

Joined: Wed Jun 21, 2006 6:57 pm
Posts: 92099
Location: To the left of my post
Curious Hair wrote:
New Comiskey is only 27 years old and underwent thorough renovations about 15 years ago. Unlike New Yankee Stadium which started falling apart the day it was built, you have to believe the structure has good bones and can take on another round of renovations if necessary. They should not need a brand-new stadium in 2029, and if they demand to be built one or else, then the choice has to be...else.
Don't get me wrong. I think it's likely they stay there past 2029, but it's not like the city can play hardball with them without a legitimate fear they actually leave unlike say the Bears that weren't ever going to play in Gary, Indiana.

Sox leave the state is just a Cubs fan fantasy where the Sox fans all give "MOAR REVENUE!" to the Cubs so they can spend like the Yankees. Now, I do think one way or another that the city will get a better deal, along with either renovations or a new stadium with benefits(like, a cold weather city having a retractable roof structure capable of hosting bigger events instead of the poorly planned football stadium we have). Who knows? By then the NFL may be willing to let a shared structure between baseball and football happen again if the NFL even exists in 5 years because players are kneeling now.

If not, the Sox move to the suburbs and the suburbs win again!

_________________
You do not talk to me like that! I work too hard to deal with this stuff! I work too hard! I'm an important member of the CSFMB! I drive a Dodge Stratus!


Top
 Profile  
 
 Post subject: Re: A revenue machine!
PostPosted: Mon Dec 18, 2017 12:51 pm 
Offline
User avatar

Joined: Thu Aug 17, 2017 1:33 pm
Posts: 12078
pizza_Place: Vito and Nick's
conns7901 wrote:
Boilermaker Rick wrote:
conns7901 wrote:
Quote:
Though the ballpark has now been paid for, a variety of taxes continue to underwrite millions of dollars' worth of renovations for a facility economists say has limited economic impact on Chicago.

"The return of investment is really low, maybe negative" for the public, University of Chicago sports economist Allen Sanderson said.


http://www.chicagotribune.com/news/ct-s ... story.html

White Sox are a drain on Chicago and the state with little to no economic impact.
Ok, will the Sox play in the city of Chicago in 2030?


Not in a new fully funded stadium by the tax payers.

Why not? Sounds like a great idea, as long as they work out a deal in which the taxpayers get something out of it, like recouping the investment for a starter. The Sox got away with something there.

Image


Top
 Profile  
 
 Post subject: Re: A revenue machine!
PostPosted: Mon Dec 18, 2017 12:55 pm 
Offline
User avatar

Joined: Thu Nov 16, 2006 6:29 pm
Posts: 55968
pizza_Place: Barstool One Bite Frozen
The Bears were never moving to Gary, but I'm sure they would have pursued Elk Grove or Schaumburg or Itasca or something. And honestly, it wouldn't have been that bad if they did.

I very much want the Sox to stay but I don't want them to demand a free new stadium in such short time just because the Braves and Rangers each got one. Their model should be Kauffman Stadium, which is about 45 years old and is still going strong.

_________________
Molly Lambert wrote:
The future holds the possibility to be great or terrible, and since it has not yet occurred it remains simultaneously both.


Top
 Profile  
 
 Post subject: Re: A revenue machine!
PostPosted: Mon Dec 18, 2017 1:18 pm 
Offline
User avatar

Joined: Wed Jun 21, 2006 6:57 pm
Posts: 92099
Location: To the left of my post
Curious Hair wrote:
The Bears were never moving to Gary, but I'm sure they would have pursued Elk Grove or Schaumburg or Itasca or something. And honestly, it wouldn't have been that bad if they did.

I very much want the Sox to stay but I don't want them to demand a free new stadium in such short time just because the Braves and Rangers each got one. Their model should be Kauffman Stadium, which is about 45 years old and is still going strong.
There is a logical case for a new stadium. It would have to be creatively done to be good for baseball and capable of hosting the things that places like Detroit and Indianapolis steal from Chicago with their domed football stadiums. I'm not even talking about the NFL or the Super Bowl, though I do believe there will come a time, if the NFL does truly decline, that they look to put a second team in Chicago. I'm talking about Final Fours, conference title games, bowl games, and then other concerts and events. Even things like Monday Night Raw that have to go to All State arena become possible.

Now, it would be a fairly creative building to be able to handle most of that but they already play football in baseball stadiums all the time, and play basketball in football stadiums all the time. Designing a place from the ground up that is designed to do both can't be impossible. Also, keep in mind this is after Jerry is no longer the owner, so we no longer have to worry about the "keep the United Center strong" part of it. It would be a great thing for the city if done correctly.

Though, as I said, I'm guessing we kind of get the status quo, which is probably ok.

_________________
You do not talk to me like that! I work too hard to deal with this stuff! I work too hard! I'm an important member of the CSFMB! I drive a Dodge Stratus!


Top
 Profile  
 
 Post subject: Re: A revenue machine!
PostPosted: Mon Dec 18, 2017 1:37 pm 
Offline
User avatar

Joined: Thu Nov 16, 2006 6:29 pm
Posts: 55968
pizza_Place: Barstool One Bite Frozen
Boilermaker Rick wrote:
Even things like Monday Night Raw that have to go to All State arena become possible.

WWF has been at the Horizon for about as long as it's been open because it's way cheaper and more flexible to book. I think they did one show at the United Center and decided it wasn't worth the headache. (I don't think they ever ran the Stadium.) I'm guessing a new Bearsasoxatorium would cost even more to rent than the United Center does and they'll just stay at the Horizon until the big wooden roof caves in.

_________________
Molly Lambert wrote:
The future holds the possibility to be great or terrible, and since it has not yet occurred it remains simultaneously both.


Top
 Profile  
 
 Post subject: Re: A revenue machine!
PostPosted: Mon Dec 18, 2017 1:42 pm 
Offline
User avatar

Joined: Wed Jun 21, 2006 6:57 pm
Posts: 92099
Location: To the left of my post
Curious Hair wrote:
Boilermaker Rick wrote:
Even things like Monday Night Raw that have to go to All State arena become possible.

WWF has been at the Horizon for about as long as it's been open because it's way cheaper and more flexible to book. I think they did one show at the United Center and decided it wasn't worth the headache. (I don't think they ever ran the Stadium.) I'm guessing a new Bearsasoxatorium would cost even more to rent than the United Center does and they'll just stay at the Horizon until the big wooden roof caves in.
Isn't the problem with the United Center is that they basically run it 8 months out of the year, with the one exemption on the schedule being the circus coming to town from the leagues?

Though, if it was the Bears + Sox then you would run into similar issues. We still could get Billy Joel!

_________________
You do not talk to me like that! I work too hard to deal with this stuff! I work too hard! I'm an important member of the CSFMB! I drive a Dodge Stratus!


Top
 Profile  
 
Display posts from previous:  Sort by  
Post new topic Reply to topic  [ 55 posts ]  Go to page 1, 2  Next

All times are UTC - 6 hours [ DST ]


Who is online

Users browsing this forum: No registered users and 3 guests


You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum

Search for:
Jump to:  
Powered by phpBB® Forum Software © phpBB Group