Bill would argue that they'll make it up on the incremental tickets sold between being able to fit 37,000 in the park and 41,000 in the park.
$60 million / 4000 = $15000 per extra seat per year. Divided by 81 games means $185/game per extra seat. Possible? Maybe if you throw in food, souveniers, etc. Actually, this explains the Yankee $1500 seats. Ray On Fri, Jun 26, 2009 at 2:41 PM, Matt & Olga McSorley <[email protected]>wrote: > I'm with Ray. What would the cost of a new ballpark be? Yankee Stadium cost > $1.5 billion, ad the city helped clear out a public park because urban > dwellers don't need green spaces, millionaire ballplayers do. So let's say > a new park would cost $1 billion with land acquisition, and $800 million if > the present park were torn down and rebuilt. > > The debt service on that would be between $40 million and $60 million. Is a > new park going to create that much extra annual revenue? I'd be hard pressed > to say yes. And if it didn't create that much extra revenue, the team would > be forced to spend less on player payroll and development. > > The owners have the right idea. Keep refreshing and refurbishing > the present ballpark. > > -- Matt > > --- On *Fri, 6/26/09, Ray Salemi <[email protected]>* wrote: > > > From: Ray Salemi <[email protected]> > Subject: Re: Nats park > To: [email protected] > Date: Friday, June 26, 2009, 12:23 PM > > > There was a time when I was all for tearing down Fenway. I used to say > that I would work the wreaking ball myself. I felt especially strongly > about this when I came home from The Ballpark at Arlington, or Camden Yards. > > Since then my feeling has changed. Why? The new ownership. I think the > new ownership has shown a love of Fenway that comes through in the way they > have improved the park, whether it was adding the block party before the > game, putting a bar under the center field bleachers, or knocking down the > wall behind the first base seats and installing a plaza, the Red Sox > ownership has shown imagination and a passion for their park. > > Contrast this to the moribund and, frankly stupid, Yawkey years. Towards > the end we got a constant litany of whining from the Red Sox ownership that > the park was leaking, and that they couldn't keep it up to code, and that > they needed a new one. Then, they were too incompetent to negotiate the > space for a new park with the city. > > I can't imagine the horror show we'd have now if the likes of Harrington, > Dan Duquette (the man who brought us a New Hampshire baseball team who wears > camouflage uniforms), etc had built the new park. It would have had the > charm of Schaffer Stadium and the cost of Yankee Stadium. > > I enjoy all my games at Fenway even though I don't have a cup holder. My > biggest complaints are the cold April days and the lack of a roof. But > we'll have those problems as long as we want outdoor baseball and real > grass. > > > > > > > > -- Author of "Leading After a Layoff: Reignite Your Team's Productivity...Quickly" www.leadingafteralayoff.com --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "Red Sox Citizens" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/redsoxcitizens?hl=en -~----------~----~----~----~------~----~------~--~---
