New York Yankees
Revenue of Yankees Stadium Capacity of 50,291 Average ticket price = 120.5 Makes about $6,060,065.5 in a game New York Yankees plays 81 home games in a season(does not include playoff) New York Yankees can makes about $490,865,305.5 in a season
Players Salaries(USD) Alex Rodriguez(A-Rod) $29,000,000 Vernon Wells $24,642,857 C.C Sabathia $24,285,714 Mark Teixeira $23,125,000 Derek Jeter $16,729,365 Hiroki Kuroda $15,000,000 Robinson Cano Brennan Boesch Curtis Granderson Andy Pettitte $12,000,000 Kevin Youkilis Ben Francisco Mariano Rivera $10,000,000 Phil Hughes $7,150,000 Ichiro Suzuki $6,500,000
Players Salaries(USD) Total : $257,253,111 USD Boone Logan $3,150,000 David Robertson $3,100,000 Brett Gardner $2,850,000 Travis Hafner $2,000,000 Joba Chamberlain $1,875,000 Shawn Kelly $935,000 Jayson Nix $900,000 Lyle Overbay $850,000 Ivan Nova $575,000 Eduardo Nunez $533,300 Michael Pineda $528,475 Francisco Cervelli $515,350 Chris Stewart $515,100 David Phelps $512,425 Adam Warren $490,525 Cesar Cabral $490,000 Total : $257,253,111 USD
Conclusion New York Yankees can gains $233,000,000 USD a season 490𝑚𝑖𝑙𝑙𝑖𝑜𝑛−257𝑚𝑖𝑙𝑙𝑖𝑜𝑛=233𝑚𝑖𝑙𝑙𝑖𝑜𝑛 New York Yankees can gains $233,000,000 USD a season
Positive and negative factories -The rivalry between 2 teams( Yankees v.s Red sox) will attract a lot of people to watch the game -Won many times in the World Series Championship -Economy booming -Playoff -Only won few times or never won in World Series Championship - A financial tsunami or meltdown -Players salaries grow -Taxes rise
How a professional sport team lose money Players’ salaries are greater than the revenue of tickets 𝑆𝑎𝑙𝑎𝑟𝑖𝑒𝑠>𝑟𝑒𝑣𝑒𝑛𝑢𝑒=𝑙𝑜𝑠𝑡 The team does poorly, so no one will buy the ticket. You buy a player from other team in a high price but the player is not doing well. The team does not go into the playoff