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re: Why Are Baseball Players Payed So Much & Are They Worth It?
Posted on 11/14/14 at 3:08 pm to undecided
Posted on 11/14/14 at 3:08 pm to undecided
162 games in 182 days = HUGE TV CONTRACTS. They also make more $$$ than other sports on ticket sales, concessions, parking, etc... The "game day experience", due to there being 162 games. Last year the Cowboys led the NFL in attendance with 88,043 per game... x8 home games = 704,043 on the year. The Devil Rays were dead last in attendance last year in the MLB, with 17,857 per game.... x81 home games = 1,446,464 on the year. They were dead last in the MLB and its twice as much than the Cowboys who led the NFL. So that's twice as much ticket sales, concessions, etc. The Dodgers led the MLB with 3,782,337. That's a bunch of $$$.
And MLB has revenue sharing. Remember last year when the Astros traded away all their young prospects and were terrible? Still made right around $200m iirc. Every teams makes bank in baseball.
Some players are worth the big $$$, others aren't. However, the 10year contracts are outrageous in baseball. For a guy like Mike Trout, yes I get that and all. But he's the exception. Most of those guys are in their late 20s and getting 10 year deals...
And MLB has revenue sharing. Remember last year when the Astros traded away all their young prospects and were terrible? Still made right around $200m iirc. Every teams makes bank in baseball.
Some players are worth the big $$$, others aren't. However, the 10year contracts are outrageous in baseball. For a guy like Mike Trout, yes I get that and all. But he's the exception. Most of those guys are in their late 20s and getting 10 year deals...
Posted on 11/14/14 at 4:32 pm to KG5989
quote:
. The "game day experience", due to there being 162 games. Last year the Cowboys led the NFL in attendance with 88,043 per game... x8 home games = 704,043 on the year. The Devil Rays were dead last in attendance last year in the MLB, with 17,857 per game.... x81 home games = 1,446,464 on the year. They were dead last in the MLB and its twice as much than the Cowboys who led the NFL. So that's twice as much ticket sales, concessions, etc. The Dodgers led the MLB with 3,782,337. That's a bunch of $$$.
Ok this is a good illustration of how the number of games influences attendance and tv contracts. I didn't realize it was that much of a discrepancy
It's also interesting to think how tv will affect attendance for NFL/CFB going forward. I've always been of the opinion that football is more enjoyable at home than live? Yes Gameday atmospheres are great but then there's traffic, parking, smuggling in alcohol, public restrooms ect, ect only to sit and wait for tv timeouts, booth reviews and other stoppages in play. I enjoy the comfort of my home, the ability to access social media, and the absence of 5 hour traffic. I haven't been to Jerry's World but I've heard more people watch the TV screen than the on field action. Basketball is the best in person because of the constant action IMO.
Stadiums are being built smaller to offset and "more intimate" to offset these issues. Will be interesting to see how it affects revenue
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