nyr7andcounting
Registered User
- Feb 24, 2004
- 1,919
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discostu said:How are you able to determine that each player produces $3 million in revenue? How much of that revenue is due to the large, state-of-the-art arena? How much for the CEO? How much is due to the GM and coach? How much is due to the sales and marketing guys? How much for guy in charge of maintaining the ice surface, in a sport where those conditions can make for a much more exciting game?
You're right, there is no perfect way, but there is no consensus on what the most accurate way is either.
$2.1B/750 players. I've said before that there are other employees who contribute to that $2.1B...especially TV announcers and production crews, without them there is no TV money. You can make a case for coach and GM, but adding their salaries doesn't change the math much.
I'd guess they make about $1M-$1.5M on average, but in that case they could be overpaid...how much revenue is brought in to see the coach, or especially the GM? No one in NY pays a cent to see anything Glen Sather does, yet he makes like $3M a year...way overpaid.
BUT, in the end everyone that works for the team is bringing in revenues because they are selling or broadcasting one thing, and that's the players on the ice playing the game. State-of-the-art arenas simply increase revenues and the only reason they can do that is because they're filled with people watching the players, on the ice. Without the players, there are no revenues, as we see now. Teams aren't making money during the lockout while the players are locked out are they? I don't go to MSG and buy some food and a few beers just for the hell of it. I do that WHILE I'm there to watch the players. I don't want to say the players are the product, but they are closer to being the product in their industry than any other employee in any other industry. Therefor, I would say those 750 players, by themselves, bring in that $2.1B.