Posted on 05/04/2008 3:36:26 PM PDT by melt
The average Joe just gets to help pay for the stadium now.
Isn’t that the truth.
Here in Indianapolis we are paying bigtime for a new $700 mil football stadium with retractable roof.
As my Dad used to say:
“nothing’s too good for the taxpayers”
My dad used to take my brothers to Yankee Stadium for games in the ‘50s. Probably $2-3 per ticket then. NO WAY dad would ever have paid more than that.
Stroud’s is one my favorite places on the planet to go. I try to go there when I go back to KC to visit.
????
At least we know how the Yankees will pay for their new 5-star entertainment facility which is currently projected to cost 1.3 billion and even thats not the final price tag because cost overuns continue all over the place on the project.
I found these tidbits especially amusing:
In addition to the public subsidies and billions of dollars of increased revenue, the Yankees will benefit from a change to Major League Baseball's 2002 collective bargaining agreement (CBA), which allows teams to deduct new-stadium building costs from the revenue-sharing payments they make. For the Yankees, whose $200 million player payroll makes them the largest contributor to the revenue-sharing pool, this means 40 percent of their share of the price tag may be borne by the remaining 29 baseball teams. All told, the Yankees and the taxpayers can each expect to pay about $450 million, and the Yankees will cover the remaining costs from diverting revenue sharing payments that would have been paid to the other baseball teams.
The stadium's 1,800 Legends Suites.
Prices start at $500 a game, and the seats will be in the 25 sections closest to the field, radiating up the base lines from home plate.
"You will delight in the premium amenities, including cushioned seats with teak arms, in-seat wait service, concierge services, private restrooms and a delectable selection of all-inclusive food and beverages," the Web site says.
Seat-holders also will have "exclusive access" to two lounges.
The most expensive of the Legend Suites cost $2,500.
These are front-row seats and, sad to say, you can't buy them anymore. They are sold out, says Lonn Trost, the team's chief operating officer.
Instead, you might consider shelling out $700 a night for one of 74 seats in the Club Suite.
The price includes food - though not alcohol - indoor and specially designated outdoor seating, HD television, preferred parking and concierge service.
There are two cheaper "luxury" plans for 1,200 Main Level Outdoor Suite seats and 1,300 Terrace Level Outdoor Suites, which start at $100 per game.
Prices for the 60 luxury private suites has not been released at this time.
Private restaurant and club facilities will include: Legends Club, 2 Legends Dugout Lounges, Grill Room, Yankees Steakhouse, Membership Club
Public restaurant and club facilities will include: Main Level Outdoor Suite Lounge, Terrace Outdoor Suite Lounge, Martini Bar, Sports Bar, Outdoor Patio Area, Outdoor Food Court, Indoor Food Court,
Marvin Harrison said “Thanks” over the weekend.
And why no mention or consideration of the amount of business that is derived from these entertainment events, increasing the companies revenue, increasing employment and money available for salaries, benefits, R&D, marketing, expansion of goods and services provided, etc...
Like I said above about my department where I work. We spent in excess of $100,000 on Hurricanes hockey games to "entertain" clients and potential clients. We get more bang for that buck than our marketing department ever would. That investment generated millions in new business for us during the season.
Taking a prospect to a game with his wife and kid and getting the kid on the jubmo tron is something they won't soon forget.
One that sticks out in my mind from this past season was a person I was going after and I learned she and her husband moved here from Montreal. So I took her and her husband to see the Canadians play the Hurricanes. Who do you think got their business?
The original on 85th street (it opened in the early 1930s) closed about 2 years ago, but the manager, Mike Donnegan has recently reopened at a new location on Shawnee Mission Pkwy in Fairway, KS, and I'm going there sometime this week! The other Strouds (one up north, the other in Wichita) are OK, but this was the best. From what I heard, the new place is just as good as the old ever was, but it's got better parking, and seats about 2/3 more people!
Mark
You said:
Like I said above about my department where I work. We spent in excess of $100,000 on Hurricanes hockey games to “entertain” clients and potential clients. We get more bang for that buck than our marketing department ever would. That investment generated millions in new business for us during the season.
Response:
I realize that I am in the minority and will get blasted for saying this, but I think this is form of bribery. And that Greed will be the downfall of our society.
A free enterprise system should be based on the value of a product or service, rather than on bribery. Supply and demand based on the best quality for the best price. Not influenced by blackmail or bribery. That is not a free enterprise system.
Bribery? HA! Like a guy is going to move millions of dollars over to me because he got a $100 hockey ticket if another guy has a better deal for him. Or someone is going to do a $10MM loan for $100 ticket that will cost him tens of thousands of dollars more compared to the next guy. Sure.
Its all about spending time with them and getting them one on one for an extended period. No business owner can cut 3 hours out of his day to sit down and talk. But he can go to a hockey game, or play a round of golf on the weekend.
And more often than not, its a big "thank you" after the deal is done and referrals are pushed.
Well, you can’t have it both ways.
Treating a guy to $100 sports ticket either HELPS business or it does not. A “thank you” before the sale is the same as a “thank you” after the sale.
If it doesn’t help business, I doubt a corporation would do it.
I guess we will have to agree to disagree.
Man I miss that gravy.
That was part of the charm! Dodging traffic on your way it! lol.
Man I miss that gravy.
I'm hoping to go there (the new place) tomorrow night. I'll order an extra bowl for you!
Mark
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