VANCOUVER CANUCKS EMILY CHEN
ATHELETS SALARIES Player Cap # Daniel Sedin $6,100,000 Henrik Sedin $6,100,000 Roberto Luongo $5,333,000 Ryan Kesler $5,000,000 Kevin Bieksa $4,600,000 Jason Garrison $4,600,000 Dan Hamhuis $4,500,000 David Booth $4,250,000 Keith Ballard $4,200,000 Cory Schneider $4,000,000 Alexander Edler $3,250,000 Manny Malhotra $2,500,000 Mason Raymond $2,275,000 Alexandre Burrows $2,000,000 Chris Higgins $1,900,000 Jannik Hansen $1,350,000 Andrew Alberts $1,225,000 Jordan Schroeder $1,025,000 Maxim Lapierre $1,000,000 Chris Tanev $900,000 Zack Kassian $870,000 Cam Barker $700,000 Dale Weise $615,000 Andrew Ebbett $600,000 Aaron Volpatti $600,000 Steve Pinizzotto $600,000 Total: $70,093,000
REVENUE OF SOLD HOME GAME SectionsSeatsPrice box seats88625 total:
REVENUE IN IN ONE SEASON “The team has sold out every home game since 2002” There are approximately 24 home games in one season Each home game generated Since there are 24 home games per season and each will generate $5.1 million, the Canucks would make $123 million per season
CONCLUSION The annual salary of athletes is $70 million The annual revenue per season is $123 million This means that Canucks makes $53 million a year
OTHER FACTORS POSITIVE 1) An decrease in the number of competitors 2) Resources are at lost cost 3) High demand on products of your company NEGATIVE 1) An increase in the number of competitors 2) High cost of resources 3) Low demand on products of you company 4) High taxation 5) Change in trade regulation and policy
HOW DOES A PROFESSIONAL SPOTS TEAM LOSE MONEY? Large amounts of debt Making bad investments The owners’ primary business goes bankrupt High athletes salaries Poor incomes from ticket sales