Comments on: Note: Most of MLB is Raising Tix Prices http://www.metsblog.com/2007/12/21/note-most-of-mlb-is-raising-tix-prices/ Tue, 16 Mar 2010 02:07:22 -0400 http://wordpress.org/?v=2.9.1 hourly 1 By: Cash advance loan new mexico. http://www.metsblog.com/2007/12/21/note-most-of-mlb-is-raising-tix-prices/#comment-252647 Cash advance loan new mexico. Fri, 11 Jul 2008 14:06:08 +0000 http://www.metsblog.com/2007/12/21/note-most-of-mlb-is-raising-tix-prices/#comment-252647 <strong>Cash advance loan new mexico....</strong> Cash advance loan new mexico. Cash advance new mexico.... Cash advance loan new mexico….

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]]> By: VCarver http://www.metsblog.com/2007/12/21/note-most-of-mlb-is-raising-tix-prices/#comment-70903 VCarver Fri, 21 Dec 2007 21:02:45 +0000 http://www.metsblog.com/2007/12/21/note-most-of-mlb-is-raising-tix-prices/#comment-70903 My point is that equity is on paper and you can't use it to meet payroll. It could help them get into more debt in order to meet the payroll, but that's about it. And that $24M figure is BEFORE taxes and interest. So even that figure is wrong if you're using it for profits. . It is accurate to call it operating income as Forbes does, but totally misleading to even call it profit. My point is that equity is on paper and you can’t use it to meet payroll. It could help them get into more debt in order to meet the payroll, but that’s about it.

And that $24M figure is BEFORE taxes and interest. So even that figure is wrong if you’re using it for profits. . It is accurate to call it operating income as Forbes does, but totally misleading to even call it profit.

]]> By: zen http://www.metsblog.com/2007/12/21/note-most-of-mlb-is-raising-tix-prices/#comment-70887 zen Fri, 21 Dec 2007 20:52:05 +0000 http://www.metsblog.com/2007/12/21/note-most-of-mlb-is-raising-tix-prices/#comment-70887 equity is an essential part of a business portfolio. it has nothing to do with meeting payroll for the mets. they meet it + make $25m profit. equity is an essential part of a business portfolio. it has nothing to do with meeting payroll for the mets. they meet it + make $25m profit.

]]> By: zen http://www.metsblog.com/2007/12/21/note-most-of-mlb-is-raising-tix-prices/#comment-70884 zen Fri, 21 Dec 2007 20:50:30 +0000 http://www.metsblog.com/2007/12/21/note-most-of-mlb-is-raising-tix-prices/#comment-70884 Citifield. Cost: $600 million ($444.4 million for the stadium, and the remainder for infrastructure) PUBLIC financing: $89.7 million in capital funds from the city and $74.7 million in rent credits from the state 20 years $400m from naming right (citicorp) so the mets cost is paid by citicorp and $150+ (i was low on estimate) is paid by the PUBLIC why do ticket prices need to go up? that's the $600m http://www.ballparks.com/baseball/national/nymbpk.htm it's nice to have anti-trust status and a govenment- approved monopoly. that's not capitalism... suppy and demand? how about the 10,000-15,000 empty seats during the best attendance seasons? gotta run. we can agree to disagree. Citifield.

Cost: $600 million ($444.4 million for the stadium, and the remainder for infrastructure)

PUBLIC financing: $89.7 million in capital funds from the city and $74.7 million in rent credits from the state

20 years $400m from naming right (citicorp)

so the mets cost is paid by citicorp and $150+ (i was low on estimate) is paid by the PUBLIC

why do ticket prices need to go up? that’s the $600m

http://www.ballparks.com/baseball/national/nymbpk.htm

it’s nice to have anti-trust status and a govenment- approved monopoly. that’s not capitalism…

suppy and demand? how about the 10,000-15,000 empty seats during the best attendance seasons?

gotta run. we can agree to disagree.

]]> By: VCarver http://www.metsblog.com/2007/12/21/note-most-of-mlb-is-raising-tix-prices/#comment-70876 VCarver Fri, 21 Dec 2007 20:43:40 +0000 http://www.metsblog.com/2007/12/21/note-most-of-mlb-is-raising-tix-prices/#comment-70876 Equity is only on paper. You can't meet the payroll with equity ... unless you continue to borrow and get into deeper debt. Equity is only on paper. You can’t meet the payroll with equity … unless you continue to borrow and get into deeper debt.

]]> By: mrnecio3 http://www.metsblog.com/2007/12/21/note-most-of-mlb-is-raising-tix-prices/#comment-70868 mrnecio3 Fri, 21 Dec 2007 20:41:12 +0000 http://www.metsblog.com/2007/12/21/note-most-of-mlb-is-raising-tix-prices/#comment-70868 Saturday plans are going up from $370 last year to $467 this year. Thats more than 25%. Saturday plans are going up from $370 last year to $467 this year. Thats more than 25%.

]]> By: VCarver http://www.metsblog.com/2007/12/21/note-most-of-mlb-is-raising-tix-prices/#comment-70869 VCarver Fri, 21 Dec 2007 20:41:12 +0000 http://www.metsblog.com/2007/12/21/note-most-of-mlb-is-raising-tix-prices/#comment-70869 My numbers come directly from Forbes. Take a look at the link zen posted. They are from the same source zen used. Only he posted incorrect profit numbers. And Forbes undoubtedly used SNY revenue. My numbers come directly from Forbes. Take a look at the link zen posted. They are from the same source zen used. Only he posted incorrect profit numbers.

And Forbes undoubtedly used SNY revenue.

]]> By: VCarver http://www.metsblog.com/2007/12/21/note-most-of-mlb-is-raising-tix-prices/#comment-70864 VCarver Fri, 21 Dec 2007 20:39:31 +0000 http://www.metsblog.com/2007/12/21/note-most-of-mlb-is-raising-tix-prices/#comment-70864 This is what you gave: <b> <i>$67.3m in profits</b></i> That is a lie. That is NOT what the link you gave says. I used the Forbes numbers. Which gives their operating income at $24M. And that's <i>before </i>interest and taxes. I gave the truth. And facts from the same source you used. But you made up your numbers. What you don't mention is that the Mets had the highest debt ratio in the majors. And that the Mets spent <b>proportionally the same amount of their revenues on their team payroll as the Yankees did! </b> And, of course, spending a lot of money, from their larger revenues, had a lot to do with the Yankees' success. But they also used roids. Probably more than any team in major league baseball did! So, I guess maybe you're suggesting Wright, Beltran, Pedro, and Maine should all start shooting up too? That surely would put them on more equal footing with those marvelous roided-out Bombers of the last 10 years. And of course the debt is from Citifield. But someone has to pay it! That's why they are raising prices. And no, they do not get $120 million for infrastructure. The city itself is spending that money for improvements around the ballpark. The Mets don't get that money, nor do they control it. Geez. Way to spin a story! This is what you gave:

$67.3m in profits

That is a lie. That is NOT what the link you gave says.

I used the Forbes numbers. Which gives their operating income at $24M. And that’s before interest and taxes.

I gave the truth. And facts from the same source you used. But you made up your numbers.

What you don’t mention is that the Mets had the highest debt ratio in the majors. And that the Mets spent proportionally the same amount of their revenues on their team payroll as the Yankees did!

And, of course, spending a lot of money, from their larger revenues, had a lot to do with the Yankees’ success. But they also used roids. Probably more than any team in major league baseball did!

So, I guess maybe you’re suggesting Wright, Beltran, Pedro, and Maine should all start shooting up too? That surely would put them on more equal footing with those marvelous roided-out Bombers of the last 10 years.

And of course the debt is from Citifield. But someone has to pay it! That’s why they are raising prices. And no, they do not get $120 million for infrastructure. The city itself is spending that money for improvements around the ballpark. The Mets don’t get that money, nor do they control it. Geez. Way to spin a story!

]]> By: Saltzy23 http://www.metsblog.com/2007/12/21/note-most-of-mlb-is-raising-tix-prices/#comment-70849 Saltzy23 Fri, 21 Dec 2007 20:30:38 +0000 http://www.metsblog.com/2007/12/21/note-most-of-mlb-is-raising-tix-prices/#comment-70849 I'm wondering how in NYC the concept of 'Supply and Demand' seems to be so elusive to people. Does it suck that the prices are rising across the board? Yes. Will people(including myself) continue to attend games? Yes. Why you ask? Cause I love baseball and I love the Mets, and unfortunatley there is only one place to see them play. Don't hold it against these teams that they have us by the short and curleys. Blame yourself that you still love a kids game so much, and that you are so passionate about a team that you are willing to pay more that you should(or can afford) to see a bunch of guys that wouldnt care if you had cancer. I almost have to say that baseball has been practicing bad business until now. If it was me the second it was called 'America's Pasttime' I would have been charging people through the nose. At the bare minimum at least you are paying to see the best players in the world play the game you love. No more, no less. At least I know exactly what I'm getting(outside of performance, but thats impossible to determine beforehand). I'd still rather pay $20 to see a crappy baseball game over some Hollywood blockbuster that was made just for the release of the DVD, or $100 to go to a concert where its clear the band is just going through the motions. At least you cant 'fake' baseball. You wont have be in MLB for long if you're not performing. Once something is established, and/or people rely on it as an escape or are completely loyal to it, then its the sellers God given right as an American to suck every penny they can get for it. No ones putting any guns to anyones head. Its not the Wilpons' fault that we are die-hard fans of a 'business' they happen to own.....Everyone needs to grow up..... I’m wondering how in NYC the concept of ‘Supply and Demand’ seems to be so elusive to people. Does it suck that the prices are rising across the board? Yes. Will people(including myself) continue to attend games? Yes. Why you ask? Cause I love baseball and I love the Mets, and unfortunatley there is only one place to see them play. Don’t hold it against these teams that they have us by the short and curleys. Blame yourself that you still love a kids game so much, and that you are so passionate about a team that you are willing to pay more that you should(or can afford) to see a bunch of guys that wouldnt care if you had cancer. I almost have to say that baseball has been practicing bad business until now. If it was me the second it was called ‘America’s Pasttime’ I would have been charging people through the nose. At the bare minimum at least you are paying to see the best players in the world play the game you love. No more, no less. At least I know exactly what I’m getting(outside of performance, but thats impossible to determine beforehand). I’d still rather pay $20 to see a crappy baseball game over some Hollywood blockbuster that was made just for the release of the DVD, or $100 to go to a concert where its clear the band is just going through the motions. At least you cant ‘fake’ baseball. You wont have be in MLB for long if you’re not performing. Once something is established, and/or people rely on it as an escape or are completely loyal to it, then its the sellers God given right as an American to suck every penny they can get for it. No ones putting any guns to anyones head. Its not the Wilpons’ fault that we are die-hard fans of a ‘business’ they happen to own…..Everyone needs to grow up…..

]]> By: zen http://www.metsblog.com/2007/12/21/note-most-of-mlb-is-raising-tix-prices/#comment-70832 zen Fri, 21 Dec 2007 20:12:27 +0000 http://www.metsblog.com/2007/12/21/note-most-of-mlb-is-raising-tix-prices/#comment-70832 you also have to cosider equity. the value of the team has gone from $391m to $736m since 2002 since wilpon was the sole owner that's $69m per year and we all know cuban would buy the team for more than $736m you also have to cosider equity. the value of the team has gone from $391m to $736m since 2002 since wilpon was the sole owner

that’s $69m per year and we all know cuban would buy the team for more than $736m

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