Teams do not share stadium revenue, as far as I know. Cat, here's some numbers for ya from Forbes: http://www.forbes.com/free_forbes/2003/0915/081.html The team makes $1.5 million on concession sales, while most teams get at least 50% more. OK...so 1.5 - 2.5ishM is the range for the whole season. That's $190K to over $300K per game.
My question dealt with who owns the concession rights in Reliant Stadium not what the Texans would share with other NFL teams. For example, if Aramark was involved, some percentage would go to them and some to the Texans.
It's not as minor as you put it Cat. Parking and concessions usually net around $7M per season, compared to luxury suits getting $11M and box seats getting $16M, it isn't anything like 1/12 the concern.
Ahhh...misunderstood. I know the Stros pay Aramark a flat fee per season. No idea what the numbers are, though.
Oddly enough, at 60,000 people per game, your $300k turns out to be ... exactly Cat's $5 per person per game. How did this get into a discussion of concessions anyway? With Bush or Williams, if the team sucks, fans aren't going to go and vice-versa. (Young might be an exception due to the UT effect)
what this proves is the nfl has the most ridiculous golden goose in all of pro sports. nfl fans are like sheep, demand still there after last season. that would never happen with the rockets or astros. but its also a different animal with only 8 reg season games. people actually see that as valuable instead of knowing its no way they will make all the baseball or basketball games. if I had a billion smackeroos to invest, I'd be all over getting into that club.
I believe it was brought up because even though the tickets are sold, if people don't show up, they're not gonna get the money from parking, concessions, etc...Which I pointed out, is a significant amount.
But that all stemmed from a rerun of the Bush vs. Williams decision - but that decision, in the long-run, will have no impact on concessions or tickets sold outside of how it impacts winning. Bottom line: the Texans have to win if they want to keep their fan base. They can do that with Vince Young, Bush, Mario Williams or a bunch of no-name guys like New England did it with ~5 years ago. They'll sell out if they do that. They can have Bush, Williams or any number of all-stars and won't draw fans if they go 2-14 again.
Folks need to keep in mind that just because a person pays $30 in concession fees, the Texans do not get $30. They either pay a company (e.g. Aramark), or if they do things themselves, they have to pay for product and sales.
Agreed. No matter how good Bush or Mario are, the one thing that matters is winning. That is one of the things that kind of bothered me at the Texans seminar I went to a couple weeks back. I met 2 of the top guys, one of which is mentioned in the article, but these guys seemed like they were patting themselves on the back for the job they had done the past 4 seasons. They were gushing about being one of the top 5 revenue teams, blah blah blah. It irritated me becuase they were milking the residents of Houston and I think they know that. We haven't had NFL football for so long and many were willing the price just to see them, no matter how bad we were. I hope these guys realize that Houstonians want to see a winning team and if they don't win, well...look at the Toyota Center this past season.
You can't group parking and concessions. Parking is prepaid before the season. If you combine the two, I agree, it's not minor, but in the Texans' case you can't combine them. That revenue is already set in stone regardless of who actually shows up.
The median number, then, is $250K per game. Divide that by 70,000 fans and that's an average of $3.57 spent on concessions by each fan.
Right. Just throwing some figures out. However, the article doesn't say whether the $1.5M figure for the Giants is the gross revenue or net profit. So this really doesn't answer anything. Carry on.
That's what I was curious about. It just says what 'they make' so it's probably profit. No telling what the fans actually spend on concessions. I'm sure their profit margins are extremely high considering the high costs at the game.
I thought Aramark paid the Texans a flat rate, not a portion of sales. But I tailgate as well, do all my eating and drinking out there before and after the game. If I buy something in the stadium it is a water or a coke (if I brought my flask). I refuse to pay 7 bucks for a beer when I could just drink at the tailgate.
Me, too. But my flask is small. So, then it's on to $6 or $7 beers. Also some of those delicious cinema quality nachos for another $5 or so. I can't believe I still eat that crap. Then the kid has a couple of hot dogs, a couple drinks. maybe cotton candy or ice cream. Plus, the better half is going to have 2 or 3 beers, a hot dog, ice cream, etc. If we spend less than $20 per person, it's a miracle. If I go with friends instead, double my beer expenditure.
I bring a C-Note to the game. If I don't spend it all, it rolls over into the next week. Everyone deserves to benefit from rollover.
since i suck at searching for stuff, the best i could find was this: "Fewer people attending games means fewer dollars being spent at concessions, said Mark Ganis, president of Sportscorp Ltd., a Chicago consulting outfit. Ganis estimates Buccaneers fans spend $15 per person on food and drinks at games. The team gets about 40 percent of concession sales, Ganis said. ``That means the team is losing about $7 per person for every fan that doesn't come to a game,'' Ganis said. " http://209.63.36.87/article_detail.cfm?ID=12632 granted, mark ganis isn't the ultimate authority on concessions spending, but that's at least a gross revenue estimate.
