Measuring Populairty of NHL Franchises

The National Football League and its’ franchises uses big data and statistical reports on attendance over the years to find a relative price that a customer finds reasonable for the experience. However, customers should expect high prices since a customer is paying for a better experience than watching the game through television. Customers are sensitive to price changes since this is a leisure activity. When economy is not well, the less customers are willing to purchase game tickets and merchandise since the customers have less spending money (IBIS World 2016). Therefore, the franchises have to monitor the economy to adjust the

Sports teams, or professional athletic organization, are extremely important institutions within a city or region. They can help connect people with places, and through this loyalty, a sense of civic pride can be seen. Furthermore, the multi-billion dollar industry sports produces effects that can impact individuals and communities. In recent years dozens of new sports stadiums have been built throughout the country, with major funding coming from public subsidies. The aim of this paper is to analyze the positive and negative impacts that come with these subsidies.

So it is the same process as i explained as the paragraph above with the titans. The difference we came up with was the numbers. So the numbers if we compared with New York teams is we would get 500,000,000 million. This number comes from 2.1 billion from New York Giants, 1.2 Billion from the New York Rangers, and then 500 million from the Las Vegas Golden Knights. So if we do the process as above that is where the 500 million comes from. So if we did go with New York as our profit we would get a lot more than what we would get if went with the Tennessee

good scouting, marketing contracts, and good performance increase the roster value. In contrast, injuries and retirements decrease the value because the list of names of the players is constantly changing. Also the team revenues are influenced by the performance of their players, as better the team is playing more fans come to the games.

Baseball is considered America's pastime as it is steeped in history and prestige. However, due in part to the emergence of alternative sporting events such as skateboarding, snowboarding and competitive biking, the profits previously garnered within the industry are not growing as fast as they once where. In fact, in many instances, individual player salaries are outpacing the growth of ticket and television revenue. Table 1 within the appendix was constructed by Michael J. Haupert, a professor at the University of Wisconsin. The table depicts TV revenue (excluding local markets), average ticket price, and average player salary from 1964 to 2002. For your convenience the pertinent information is highlighted in yellow. As depicted from the chart, total television revenue from 1964 to 2002 increased nearly 1000% on an inflation adjusted basis. During this same period however, player salaries have increase by over 2500%. Likewise, average ticket prices have not increased by this magnitude either (Haupert, 2010). Futhermore, according to the Forbes, every team in baseball with the exception of one (The Florida Marlins) spent at least 80% of their revenue on baseball operations last year. These operations include player salaries as well. The percentages vary and ranged from the Detroit Tigers who spent 116% of their revenue (operated at a loss), to the Marlins who spent 68%. Seventeen teams spent 90% or more on baseball operating expenses (Pasnanski, 2010). To many individuals,

Astoundingly, they are the most valuable team in baseball. To help put this in viewpoint, three graphs are shaped in this article to expose the massive amount of information that is available to discover in each of the teams values. Each graph displays many demographics that are classified in different sets such as total team value, team rankings in groups such as team revenue, gate receipts, concessions, sponsorship, media rights, parking, and attendance, and the two thousand and thirteen season results. The teams displayed are the New York Yankees, the Boston Red Sox, and the St. Louis Cardinals. I for one believe that the In-House designers put these three teams because two out of three of them are the first and second most valuable teams in the game, and the third one are the World Series champions. Likewise, they could have put the Cardinals in there to put in perspective how much money is collected in a given year compared to each team’s value, which are significantly different. In fact, In-House design judge Ed Roberts said “This polar diagram is one of the most

A research project done in the NHL, looking at 4,240 NHL game summaries from five consecutive seasons were examined to determine the outcome of team’s overall standings at the end of a season while looking at the number of fighting penalty minutes served, and the number of goals scored by the teams. The findings, published in the Perceptual and Motor skills journal, assessed

The Sixers are the 23rd most valuable team in the NBA valued at $469 million (Forbes) and they have an operating loss of 3.8 million dollars year. Teams in Salt Lake City, Portland, Sacramento, and Oklahoma City are valued higher than the 76ers who play in the fifth largest city in the United States. The Flyers on the other hand are the 7th most valuable team in the NHL and are valued at $500 million and they bring in $95 million worth of revenue. The Flyers bring in $60 million in terms of tickets sales while the 76ers only bring in $27 million. On the popular ticketing selling website Stubhub the Flyers only have 2 games where tickets are under twenty dollars, while a fan of the 76ers can get tickets for under twenty dollars for thirty-fourt out of forty-one home

Although the Predator’s on-ice performance continued to mature, they still struggled with growth in ticket sales. How does a number three ranked NHL team fall to twenty-three of

In the United States, new sports stadiums are commonly seen as a vital part of the redevelopment of a city having a great economic growth with the production of jobs and a positive income builder. After this, the owners of the pro sports teams with millions and millions of dollars of subsidies for the construction of new stadiums and arenas and expect these facilities to generate economic benefits exceeding these subsidies by large margins. However, a growing body of fact indicates that professional sports facilities, and the franchises they are home to, may not be engines of economic benefit anywhere claims Sachse, “. In reality, sports franchises typically account for a very small proportion of the total economic output of the cities in which they reside.” Some economical studies on the amount of income and employment in US cities find no evidence of positive economic benefits associated with past sports facility construction and some studies find that professional sports facilities and teams have a net negative economic impact on income and employment. It just shows that these results suggest that at best, professional sports teams and facilities provide non-pecuniary benefits like civic pride, and a greater sense of community, along with consumption benefits to those attending games and following the local team in the media; at worst, residents

Economic theory introduces us to four different types of markets: perfect competition, monopolistic competition, oligopoly, and monopoly. Professional sports teams operate in an environment that is different than the typical business structure. The goal of this paper is to look at this industry, in particular the NFL, in an economics context and gain an understanding of the market structure of this unique industry. To do this I will discuss a brief history of the National Football League in the U.S. and how this organization is structured. I will also discuss typical market structures and type of

23% of the teams in the NHL are Canadian and these teams generate 35% of the league’s revenue. When Canadian teams cannot produce enough revenue, the entire NHL league is affected. Baseball is no different. For example, the Toronto Blue Jays generate an extra $600,000 for every cent the exchange rate goes up (Exchange). In the future. the exchange rate between Canada and the US is predicted to help the Canadian sports’ teams. Experts can predict with accuracy how exchange rates will change up to two years in advance(Campbell). This allows sports teams to plan for the gap between American dollar salaries and Canadian dollar revenues. When the exchange rate is in favor of the Canadian dollar, more money is available to teams. This allows them to spend more on player salaries, possibly making their teams better without having to worry as much about revenue. For teams who are very successful in recent years, such as the Toronto Blue Jays, the exchange rate becomes less of an issue. Even though they chose to spend more money on player salaries, the team has performed so well that the fan loyalty and interest has gone up enough to cover the costs. The exchange rate can also impact teams negatively. One example is the Winnipeg Jets. They eventually had to relocate to Arizona because they could not create enough revenue selling in Canadian dollars. The Vancouver Canucks faced a similar problem in 2002. They played their players a total of $62 million US which exchanges to $81 Canadian. This left the team with $19 million Canadian dollars to be made up through other ways. The NHL is the 99th most profitable business in Canada (Maich) and therefore is highly impacted by the exchange rate. Canadian sports teams will have to make a choice between paying their players less money or pay them more but find new ways to bring in money in order

One of the fundamental problems with Canadian hockey teams competing with their American counterparts is that Canadian teams pay all of the player's salaries and travel are in American currency. However, all the revenue from ticket sales, concessions and advertising is in Canadian currency. American teams have an advantage over their Canadian counterparts because all the money that was created from ticket sales, concessions and selling advertising is one-third more than what Canadian teams will make. This is because of a weaker Canadian dollar, 69 cents to one American dollar, means that Canadian franchises will always make one-third less from basic franchise profits as long as the Canadian dollar stays the same. "The teams are among Canada's fewest businesses that pay most of their salaries and expenses in U.S. dollars out of revenue earned in depressed Canadian dollars" (May p 2). This is a problem because the weaker Canadian dollar makes it harder for these franchises to run day-to-day operations (Duhatschek 7). "The result is

H1: Google customers’ negative attitude towards the investment on naming rights of NHL’s San Jose Sharks

The research methodology is to divide the teams by their salary means. Then the win means will be compared to determine if there’s a significant difference in production of high salary teams and lower salary teams. 1, teams with larger payrolls, will be defined as teams with payrolls that are average or above average (see chart team A) and 2, teams with smaller payrolls, will be defined as teams with less than average payrolls (see chart team B).