05-12-2019, 03:16 AM
(05-11-2019, 09:05 PM)THE PISTONS Wrote: Revenue sharing makes that possible. They get 1/32 of the pie regardless of performance.
IF we start a business and sell a poor quality product, people won't buy it and we go out of business. Thus, there is incentive to cater to needs of consumers.
In the NFL, they are insulated from market pressures.
Other NFL owners own their team as a prestige thing and want to invest every penny. They want to try to find ways around the salary cap to spend more money. They hold coaches accountable. Not here.
That makes no sense.
If the team on the field is our "product", then a .500 team would be considered a perfectly average quality product. Marvin had a .518 regular season win %, so basically average product quality. The average Bengals ticket is around $78 and league average for a ticket is a little over $100. If you're producing average quality products and charging 22% less than average, your product is a great bargain for consumers and you'll move units. You can charge high end prices, but if you're products are average to poor quality, you'll struggle. You can also produce crappy products, but if you charge low prices you'll have a market.
For any normal business, nobody is saying "I'm not spending my money on that because that company hasn't produced a product in the top 25% in quality in 27 years." It's honestly a completely irrational thought process that only really happens in sports fandom.