IMO: Job 1 of Packers and its "ownership": put together a consistent championship contender for the millions of Packer fans out there. Not to provide "affordable outdoor entertainment" for 70 thousand or so attendees at 8-10 games/year. If being a championship contender requires competing with those deep pocket owners, it makes no sense to me that the team is leaving all that revenue unrealized.
Consider a ten-buck increase per ticket. $10 x 72,500 seats x 8 games. That's a cool $5.8 million bucks per year foregone. A twenty-buck increase is 11.6 million missed.
If I were a rich bastard owner (see Jones, Jerry; Snyder, Dan; et al), I'd object the heck out of "sharing revenue" with people who leave 5.8 - 11.6 million unrealized every year.
And if I were a public funding agency (ack, choke, vomit), I'd sure as heck not be paying public funds to enterprises that are squandering multi-million dollar opporutunities every year.
Oh, it's nice to brag about all those years of sellouts and a zillion-person waiting list. But it's damn bad economics. Having a waiting list makes sense -- it's a cushion against downturns, bad seasons,etc. But a waiting list that takes a generation or more to move to the top of the list? That's just dumb.
p.s. Nice butts, wpr.
And do not be conformed to this world, but be transformed by the renewing of your mind, that you may prove what is that good and acceptable and perfect will of God.
Romans 12:2 (NKJV)