Marc Ganis
Marc Ganis
markets smaller soon stadiums teams turn york
The teams in smaller markets, like Jacksonville and Cincinnati, got their stadiums first. Then it was the big markets' turn -- Boston, Houston, Philadelphia, and soon New York and Dallas. The disparities between markets have become magnified.
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It doesn't have to be some sort of brand new, $1 billion stadium like what was planned for New York.
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Many of the revenues and expenses associated with the new stadium are unshared and are the single largest factor in determining the difference in revenues between the clubs.
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This would be the first example of a stadium being developed from the outset for two N.F.L. teams, ... The cost of these buildings has skyrocketed to such a degree that it makes far more economic sense to share the debt service and the revenues. The net revenues for the two teams are likely to be significantly better than if they each built their own stadium.
announce deal eight expected key matter moving piece stadium took
Once you announce you're moving the team, you give up your key piece of leverage. When they moved, a new stadium deal was expected to take a matter of months. It took eight years.
deal florida happening historical knowledge personal perspective south stadium
I say that from some personal knowledge and from the historical perspective of nothing happening in South Florida to get a stadium deal done.
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If you're a relocated franchise you can decide to put a stadium anywhere. It changes the dynamic. It changes the whole economic equation.
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They are a cash machine. They print money, ... While there is no revenue pressure, they'll try to keep certain things pristine.
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Fans really want to feel intimate with the action. This is part of what has made the NBA so successful. You can almost smell the sweat.
ratings
Ratings are down because ratings are down for every network.
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The Superdome has been one of the greatest sports facility investment a community has ever made, ... But it would be significantly diminished if the Saints left.
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Sometimes deadlines help and sometimes they don't make much of a difference. They rarely hurt, unless they are arbitrary or excessively short. But if you are working in good faith and the deadlines can be extended if progress is being made, they work well.
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It is economically if not physically obsolete. When you have a special event like Sugar Bowl or Super Bowl, people care less about how far away the field is or a bathroom in the luxury box. But for annual ticket buyers, it's a big deal to them.
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Fox just had to overpay on a rights fee basis for the Celtics games in order to keep the lights on the Boston market, ... So they're saving a lot of money owning the Dodgers. If the Dodgers' broadcast rights were up for public bid right now, they could go to an astronomical sum, and that would mean either a loss of programming for Fox or far greater costs.