01-24-2018, 11:44 AM
(01-23-2018, 10:59 PM)kevin Wrote: I'll add more stats. Internet says average price of a Bengals ticket 75 dollars and Bengals down 75 thousand in attendance from 500 hundred thousand to 425 thousand. That is a loss of 5.625 Million US Dollars.This and your previous post are 100% wrong. As I mentioned on page 2 of this thread, the Bengals loss is minimal as NFL ticket revenues are pooled and shared amongst the 32 teams.
Another internet stat shows Bengals parking and beer, hot dogs and such. Lets say a Bengal Fan spends 25 Dollars at the game on these things, which is too low. Now we are talking 100 and not 75 dollars and that is a loss of 7.5 Million US Dollars.
Now another internet site says average NFL fan spends 200 per game in tickets, parking, food, drinks, ect. If that is the case Mike Brown and Family lost 15 Million in US Dollars due to 75 thousand people under half a million fans Paul Brown Stadium is expected to generate.
So the low figure is Brown Family lost around 5.625 million dollars. Mid range is they lost 7.5 Million. Higher number is they lost 15 Million. Lets split the difference and say Bengals Front Office lost 7.5 Million in 2017 due to low ticket sales. I think we can agree that Mike Brown is not the type that likes losing Millions of Dollars and probably why he is doing these surprise Public Relations interviews for first time since he wanted mega bucks from city to build PB Stadium. Now there is profit sharing on TV and profit sharing on play-off home games, but each owner kind of counts on this regular season home game money. There are also 2 preseason home games and we can assume those also had too many empty seats. It becomes a huge and needed goal for The Brown Family to get Paul Brown Stadium back to half a million fans per year as intended when it was built. 500 thousand fans is a number Bengals should be just under or over each year and the 400 thousand figure of Riverfront is no longer acceptable in today's NFL for this ownership. It defeats the building of Paul Brown Stadium. The Brown Family MUST increase ticket sales 20 % ASAP or continue to lose 7.5 Million Dollars per year in home game dollars. Now to Fans who may not care, if ticket sales not increased it will mean payroll cuts and an even cheaper team of players on the field and / or ticket price increases, both of which the Fans will then care greatly. Either move could be The Brown Family making things much worse and why a 20 % increase in attendance needed without these two moves angering fan base even more. An increase in Wins in 2018 should increase ticket sales as 2018 goes and spike off season ticket sales for 2019. Ownership is no way in a lose for high draft picks mode because they need to increase ticket sales with wins in 2018.
We could add Bengals should also sell stadium name advertising. I'll use local GE factory as example and a possible name of ' GE Paul Brown Stadium '. or Chase Paul Brown Stadium....but they should be considering adding a corporate name in exchange for big bucks to the Brown Family front office. In this way they keep the Paul Brown with corporate money also. It would help avoid going with cheaper players or raising ticket prices, two things that would backfire turning fans away from games even more. Half the name may mean half the corporate name income but as of now there is no corporate name income. Half is better than nothing, so it could be a good compromise adding millions to the Brown Family front office that way, and that could be done right now in off season.