Thank you Wayne for taking the time to read my thread.
We will agree to disagree on the ticket price increase.
Also, I accused the guy you quoted of leaving out the 16 mil loss in investment income...
That isn't what he did. I was effectively accusing him of "conveniently" cherry-picking numbers, but what he did was use the Forbes figures, not the Packers figures.
All the national media types do that, because the Forbes figures are the only ones available for 31 of the 32 teams.
The exception of course is the Packers, but rarely do any of the authors go find them.
The problem is, the Forbes figures are a guess. The Packers numbers are not.
The biggest REASON I get worked up about the whole ticket price thing is because the vast majority of the fans work under so many false assumptions, not the folks that (understandably) get concerned about (perhaps their own) tickets and their affordability. I often seem to be taking it out on those that get upset, but it is the only time anyone seems to even try and grasp the financial apsects, and it looks like I'm lashing out at them.
I blame the problem on our media sources not taking the time and trouble to really explain to the fans that there are really 3 sets of figures presented for their consumption, and the most important one is the least reported.
I will give you 3. This is for 2008 by the way We have a whole more 6 months before we find out about 2009
We have a large percentage of folks that think we have a payroll of under 100 mil They are thinking we can sign everyone, because we had this low payroll. They know we had a salary cap (<128 mil, 2nd figure) but we were "way under it.
But then there is the 3rd figure---the actual payroll 2008 139 mil
on that 247 mil in gross
They don't even stop and think...wait a minute...How could we have only spent 93 million when we have 247 million in revenue and there is a requirement to spend 59.1% of gross revenue on players?
They forgot that only the 53 count towards that published payroll figure.
We DO spend 59.1% of gross on personnel.
10th in revenue? True. Difference between 10th and 32nd in revenue---less than 24 million
Difference between 10th and 1st? Well over a hundred million.
We also have to share the revenue with the visiting team as regards that ticket price increase. I think it's now 50/50---It used to be 60/40, or still is...relatively unimportant....
call it 9 bucks a ticket average. Call it 70,000 seats. 8 games
call it 60% to the Pack
9 x 70, 000= $630,000.00 x 8 games = $5,040,000.00 x 60%=
$3,024,000.00
Some huge windfall
What did we just give Chiller again? Are we really raising those prices for a war chest, and while the media can talk until they are blue in the face about "teams cutting payroll" this upcoming year...
Take the Pack-----
How?
Does anyone seriously believe we are going to decimate our roster in some sort of rollback of payroll?
It is not even plausible, imo
For anyone reading this, and the eyes are glazing over just reading the post, much less the myriad of links referenced, just remember this.
2008---- 247 mil gross 138.7 mil player payroll 4 mil profit
2009 --- unknown gross unknown player payroll unknown profit
no known revenue increase, but did spend money on non income generating shit--- (practice facilities, heated field, some fancy schmancy admin shit for pro-shop and internet sales) --and USA Today has published that our "low" figure went up 20 million in payroll (As of Nov 2009) that is, the 93/94 mil went to 114mil from 2008 to 2009
2010 --- I will be generous and say we increased revenue by 5.5 million
(unshared suite license revenue increase-unknown, but seriously doubt anywhere near that)
Just contemplate this--- our payroll went up almost 15 million between 2007 and 2008.
Have you seen any evidence that anyone's payroll has gone down?
me either. Now try and fill in those blanks, sign our players we want to resign, cut the players we want to cut (salaries available upon request)
Now see the problem?
No?
shit.
lol--- OK , I'll start you off. Nick Collins pay increase will eat up the entire revenue from the ticket price increase.
Forgive me---------please----This is just my "The Green Bay Packers do not have the money that everyone thinks they have to spend" rant...
And that "includes" the concept that they are the "front men" for the league regarding the upcoming labor strife due to the public disclosure aspect.