let me apologize for getting all MITC quoty on you, Rick. We're gonna argue this to a standstill, I have a feeling.
Boilermaker Rick wrote:
The Cubs don't need scalpers to sell out. There scalpers only take money away from the total pool of money. They rarely ever add money. The only "risk" for the Cubs is to not make as much money as they would but most of the time they'll meet or exceed it.
I disagree, with one proviso-bad seasons, 2+. Good seasons, they'll be just fine without scalpers. Bad seasons, scaplers buy tickets that don't get sold even at face. April/May/September. Outside of Opening Day, you'd see 15k tops. Maybe more in May. The Cubs aren't the deal making types, which takes Sox-style ticket marketing off the table. Would it fill the stadium more? It can't be filled more in good seasons. Bad seasons, without your friendly scalpers, 3 months out of six it's half full, even with face value or below tickets being sold.
Boilermaker Rick wrote:
Of course a better team means more sales but ticket demand is always large and most seats are sold far in advance. They may lose some sell outs but they'd also be taking an extra 10% of every ticket. If they raise prices by 10%, they can afford to sell many less tickets with no risk.
no, because even in good years, you'll be lucky to get 15k through 3 out of 6 months. Bad years, you'll see the same plus 20k-25k in June/July/August.
City of Fools wrote:
Yes. I wouldn't call it a large profit since 2004 and 2007-08 had to subsidize 2005/2006, but I agree with your point there.
Boilermaker Rick wrote:
Over those seasons how many games did you also attend? You are getting paid in free tickets rather than cash. Let's say you've attended 100 games over that time period. I don't know what the face value of your tickets are but let's just say that it is $35. You've also gotten $35,000 worth of benefit from those tickets.
2003-barely missed a game.
2004-30+ games
2005-20+ games
2006-Opening Day+2 games
2007-Opening Day
2008-Opening Day
2009-Opening Day
That's my MO now. I sell till I break even or make a profit. I'll go to any playoff games. Look, I'm not defending myself or scalpers. I'm mainly arguing that those who think Wrigley will always be full are underestimating the power of the scalpers. The Cubs won't eliminate scalping because it sells them 3 out of 6 months they can't sell at almost any price and the markup doesn't hurt their bottom line.