generic viagra at walmart vicodin addiction symptoms terbutaline side effects on the baby berifen 100 mg tramadol prednisone for pets where can i buy vermox over the counter buy buspirone 15 mg online accutane australia frumil fortegames brand levitra 20mg finpecia cipla online rizatriptan 10 mg reviews premarin 1.25 coupon buy novartis cafergot quanto costa il viagra in farmacia obat meloxicam untuk apa pravastatin medication is for what santissimo porto alegre my super pharmacy can you buy cialis in hong kong buy alli offshore atorlip 10 cipla parcopa discontinued croscill rimadyl side effects panting 689 buy liquid antibiotics online levitra preise pyridium medication over the counter proviron impotence compound evista 60 mg coupon lasuna food channel buy nolvadex pct aciphex side effects treatment nimesulide tablets for propranolol dosage for anxiety omaggio vase gold seal leadmedic online pharmacy sifrol 0 125 company antibiotics without doctor desogen reviews clenbuterol cycle dosage side effects tadalafil 20mg fast shipping celexa reviews for depression vigora 100 how to use in hindi provigil side effects forum venlafaxine er 75mg tablets best indian viagra cialis tennis commercial liquid cialis jelly canadian pharmacy that let you echeck order amoxcillain from mexico cialis 5 mg prix pharmacie levitra 20mg vs viagra 100mg adipex 37.5 mg medication asthma inhalers for children bactroban nasal ointment for mrsa when does viagra go generic safe online viagra levitra 5 mg elomet cream uses soviclor aciclovir cream 5 cockapoo rescue florida arcoxia medicine contraindication flomaxtra xl 400 designs plavix medication lotemax side effects weight gain olanzapine and fluoxetine capsulesolmesartan levitra side effects vardenafil venlafaxine xr 37 5 mg online uk order cialis safely online canada pharmacy no script indian drugstores how to order cialis from canada ciales puerto rico real estate geo trust cailis dermizol gel stain pregnant cat litter lasuna garlic festival 2015 esomeprazole vs omeprazole get viagra without seeing a doctor viagra wholesale price seroquel xr astrazeneca purchase real antabuse pulmicort respules children provera period doctor pharmacy online medications digoxina indicaciones para dutasteride avodart vs propecia cefadroxil 500mg doses terramycin antibiotic ophthalmic ointment with polymyxin b sulfate plendil without prescription online cialis prix en pharmacie belgique ezetimibe 10mg simvastatin 80mg interaction cytotec united states two unisom tablets medrol dose pack natural alternatives buy elocon ointment no prescription furadonin rural king desogen user reviewsdesyrel astelin discount coupon altace ramipril dose viagra vs cialis cost comparison sildegra tablet hotels viagra and cialis samples from pfizer acheter viagra pfizer vera bradley fabric by the yard digoxina 0 075000022 viagra phone orders licodexon obat batuk viagra ordering from india binotal ampicillin throat infection albenza dosage for pinworms canadian substitutes for viagra prozac nation movie epogen information secure medical viagra cheap viagra online overnight indocin dosage for headaches metroconazole for brain abcesses will amoxicillin cure chlamydia danazol drug interactions enalapril maleate medication vasotec nolvadex for sale master card 60 20mg cheapest generic taladifil ic valacyclovir hcl 1 test tren proviron cycle coumadin antidote vitamin k what are pills called o primox port letrozole 2.5 mg tablets dumocycline online accutane lawsuit accutane side effects lexapro generic date buy zolpidem us something better then viagra does daily cialis work fluzol 200mg progesterone doxycycline pills black market nifedipine ointment recipe cenveo layoffs and closings cheap tadalafi super active plus lotrel dosage remedio la prostata grande medications without rx takes amex bupropion hcl 150mg for weight loss progesterone only birth control pills bentyl 10mg dosage zithromax 500mg dosage cardura 8 mg dailycasodex flagyl 500mg increasing and decreasing functions in calculus viagra kaufen paypal buy abilify online cozaar 50 mg tablet peritol dermatitis treatment lamictal and alcohol reaction skelaxin muscle relaxer side effects allopurinol 100 mg tablet prevacid vs nexium medication augmentin 1g represa de cachi atacand on sale progesterone levels during pregnancy twins beconase aq nasal spray cost cordarone prospectors vytorin medication update viagra online ireland maxalt migraine headaches compazine no prescription tylenol pm side effects long term citalopram without a prescription india thailand pharmacy online diflucan evista side effects doctor levothroid recall 2015 nissan neurontin gabapentin lawsuits where to buy cialis in canada body building forum clomid arcoxia medicine side effects westhroid naturethroid tri levlen generics benemid contraindications to tpa himcolin gel bd price lotrel generic medication glucovance online no prescription atarax 25mg information malaseb shampoo dogs antibacterial indian mail order pharmacy provigil depression medication doctor ketorolac 10mg toradol omaggio olive oils vigre in usa without prickription pletal cilostazol medication ketorolac eye drops medication zetia generic ezetimibe subutex side effects drug pharmacy 1010 nexium 40 tabletten zum abnehmen in den duphalac syrup for kids vagiral ovulos para methocarbamol online 120 mg viagra avapro side effects irbesartan 150 cialis srbija prodaja robaxin side effects addictive use of duvadilan in pregnancy magnesium sulfate formula generic cialis with dapoxetine risperdal side effects gynecomastia augmentin and alcohol combination primox movie online pharmacy synthroid chinese herbal viagra tiger zofran side effects buy naproxen buy tidamax real cheap casodex withdrawal cialis for slae cheap viramune copay assistance program furosemide 40 mg side effects sotalol side effects betapace manufacturer flazol medicine wheel como tomar omifin pastillas viapro reviews capsule levofloxacin side effects medication progesterone suppositories side effects in early pregnancy generic name for prednisone lasik furosemide purchase order saroten retard albanese canesoral reviews on vigrxcaptopril vgr 100 facts about me cheap erectile dysfunction pill claritin reditabs xlpharmacy canada revenue buy cheap viagra online uk mh drugs kd 19 sildenafil garlic shrimp recipe pasta fucidin no prescription venlafaxine hcl er 37.5mg medrol steroid packs cialis pills canada cefaclor dispersible tablets formulations echeck canadian online pharmacy cheapest overnight generic viagra 100mg how to get viagra legally moltrin 800 for sale prevacid recall frumil wikileaks uk on line pharmacy garlic butter sauce for fish order no script voltaren tadacip 20 mg reviews over counter viagra in germany beconase aq nasal spray price levoxyl vs levothyroxine synthroid retin a micro gel without prescription glucophage 500mg price periactin used for migraines trileptal depression anxiety online apotheke kanada finestiride5mg pharmacy ketorolac 10mg toradol dose buy plavix on line no prescription sibutramine 15mg weight loss brand cialis viagra trial pack metoprolol succinate er vs metoprolol tartrate progesterone levels early pregnancy do you need a prescription for nolvadex best price 100mg generic viagra on line z pack antibiotic for sale side effects of cataflam tablets levitra generics sotalol 80 mg tab twice a day phenergan without prescription fast tesco viagra price 2012 tegretol medication uses sublingual vitamin b12 ambien addiction side effects zolpidem tartrateamebidalamikacin etodolac 300 mg cap generic allegra at costco australian pharmacies no prescription lovegra reviews arimidex bodybuilding dosage pfizer viagra price in pakistan dalacin t gel 1 water pills no prescription mexico detrol la coupons januvia side effects drugs lasix water pill buy online exelon stock price drop crestor side effects rhabdomyolysis lawsuit buy strattera online usa pharmacy secure drugshop probenecid and penicillin g suprax 400mg capsules bactrim without prescription cheap drugs levitra leconfield wines by wives actos and bladder cancer statistics lawyers in texas can you buy amoxicillin over prednisone 10 mg avodart coupon 2015 cialis viagra canada pyridium 200mg amiloride hydrochloride and hydrochlorothiazide etodolac 400 mg side effects canadian online pharmacy ambien buy clomid 100mg buy tretinoin cream usp omnicef antibiotic cefdinir side effects in babies jasmine waltz lee ryan clopidogrel mechanism of action and ppi domperidone maleate molecular weight lortab 7.5 325 mg betanoid 0 5mg hydrocodone buy propecia usa viagra online prednisone for poison ivy where can i buy elavil best life rx pharmacy ondansetron without prescription caverta 100 ranbaxy where to buy orlistat in canada motrin 800 ibuprofen coupon levitra generic available allopurinol side effects prescription free nitrofurantoin tablet risperdal without prescription ciplafield eas req statusuri zetia medication coupons metpamid nedir vitamix blender costco reviews diprosone ointment cephalexin monohydrate capsules eprex liturgia de las horas de hoy online sale of predisone mupirocin 2 used to treat supradol mexico obat meloxicam 15 mg dispensing viagra zanaflex capsules tizanidine suprax cefixime dose cialis from american companies mobicox 7 5mg percocet arthritis in the knee amitriptyline 100mg buy on line ciales cooperativa 29 cheapest kamagra oral jelly buy robaxin canada salbutamol nebulizer drug study coversyl 5mg viagra ne shqip topiramate 25mg for headaches best online pharmacies canada phentermine information lumigan 0.03 availability risperdal medication lawsuit buy viagra online uk no prescription flazol 500mg trimetabol syrup brands avedox fcebokcom isoniazid pronunciation of medical terms stromectol ivermectin scabies dogs furosemide 40 mg diuretic edex mixed with viagra viagra su ebay antabuse alcohol treatment casodex medication for prostate cancer mode daction flagile paypal motillium buy viagra 10mg online how to make your dick bigger mexican pharmacy with no cipro without prescription in us generic tadalafil side effects order nolvadex canada lidocaine and prilocaine cream 2.5 uses norstan consulting inc sustiva and truvada combosynthroid levitra fast delivery xalatan 0.005 ophth soln 2.5ml tamsulosin 0.4mg cap fosamax osteoporosis side effects ivermectin dosage for dogs heartworms oracef 250mg diphenhydramine what is viagra in hindi lamictal rash picture doxylis acheter doxycycline online pharmacy adderall xr side effects finasteride 5 mg generic tablets hyzaar forte dosage buy methotrexate no prescription clomid for men reviews nonprescription orlistat betacin tablets brand viagra shipped overnight from usa acheter cialis 5mg en pharmacie synthroid and weight gain primitine mist inhalers viagra online uk 1 tadalafil 20mg mastercard cheap online boutiques uk pliva 433 effects pros and cons of evista for osteoporosis allopurinol 300 mg propecia for women over 50 puretone stethoscope parts tamoxifen breast cancer drug cilais gel diclofenaco dosis pediatrica cheap rx generic viagra testimonials canadian pharmacy brand viagra tadalafila manipulada luvox and weight gain drug cheap medicine buy cialis no prescription pharmacie viagra clotrimazole and betamethasone cream medicine online 24 terbutaline injection dose canadian pharmacy online secure imovane 7 5mg information clearing oxybutynin 5mg tab qua elocon cream buy online yasminelle ulotka biedronka decadron dosage www pfitzer for brand pills amoxicillin or zithromax for sinus infection can u buy tetracycline viagra prezzi e confezioni baclofen 20 mg abuse prinivil medication himcolin side effects corlistat in australia viagra online indian pharmacy viagra mexico otc vilches ferreteros mexico vs usa naprosyn medication is a prescription gpchealth reviews for fifty buy proscar online in ireland cialis gel canada womera viagra kenya polarmeds complaints against companies in illinois buy zithromax 100mg online viamax gold price salibet ointment for boils avalide medication recall no prescription allegra d clomid pills for sale clozapine monitoring guideline amitriptyline usa buy nympho max in australia skelaxin abuse doctor que pastilla es mejor viagra o cialis anxiety medication lists tinidazole online viagra price in pakistan karachi rollbox player diclofenaco sodico 50 mg cialis brand 10mg online kaufen pay after dilivered india pharmacies motrin dosage for dogs ciprotab dosage for benadryl calis on line pharmacy ciprodex sterile otic suspension is this for eyes mexico pharmices to order meticorton mexico medicine online sildenafil 25 mg online bestellen detrol la side effects cytotec for abortion subutex treatment in pa misoprostol en costa rica viagra pharmacy online progesterone pills to start period amerimedrx cialis for daily use duloxetine hcl dr caps 60mg silagra by cipla india methotrexate walmart rogaine rebates clindamycin phosphate topical solution usp 1 ovral lo revatio cost best online pill site carbimazole and breastfeeding augmentin 457 doxazosin 8 mg tablets how to use them minocin dosage for mrsa wellbutrin reviews from patients weight loss phenergan dosage chart for children buying citalopram without prescription buy arimidex online canada viagra for women online can i get valtrex over the counter side effects of going off wellbutrin buy viagra 50mg toprol xl 50 viagra chops canadian pharmacies that take paypal
Home MLB News Ticket / Attendance Watch Can MLB Weather the Recession?

Like Shoot to Thrill - An AC/DC Tribute on Facebook!

An authentic tribute of AC/DC that covers the best of the Bon Scott era and the best of Brian Johnson's material

Who's Online?

We have 1019 guests online

Atom RSS

Can MLB Weather the Recession? PDF Print E-mail
User Rating: / 3
PoorBest 
Ticket & Attendance Watch
Written by Maury Brown   
Tuesday, 26 February 2008 22:03
MLB and the Recession
A Look at How the Downturn in the Economy Might Impact MLB, with up-to-date ticket sales information for the Diamondbacks, Mets, Tigers, Indians, Angels, Cubs, and Phillies
 
You can’t deny it any longer, ladies and gentlemen, we are in a recession. The Labor Department today reported that wholesale prices rose 1 percent last month, more than double the 0.4 percent increase that most economists had been expecting (and think, it was up 7.5 percent over the past 12 months, the most in 26 years), along with news that home foreclosure rose a staggering 57 percent in January compared to a year ago.
 
Yes, the U.S. economy is taking a severe hit.

But, here’s a prediction for those watching the economic outlook for Major League Baseball: it’s not going to be impacted by the U.S. economy gloom and doom, or at least not as much as many might think.

This isn’t to say that all markets will be impervious to the economy. It may be difficult for Orioles, Rays, or Marlins fans to get excited about the upcoming season based on the losses over the past few seasons, or how they approached the off-season in terms of player movement. Fan apathy would most likely be in place with some teams, regardless of any recession.

But, if your team made moves in the off-season that will give fans hope, made it to the playoffs last season, or has a new ballpark ready to open, then economic downturn, or not, many clubs will continue to reap benefits in ticket sales as the new season approaches.

Contacting several clubs that either made the playoffs, or made key moves in the off-season reveals an economic outlook that runs counter to how domestic spending has been.

Select Read More to see ticket sale details and other analysis regarding MLB's economic future.

Ticket Sales 

Arizona Diamondbacks

Coming off winning the NL West, sweeping the Cubs 3-0 in Division play, before losing the then white-hot Rockies, the Diamondbacks are seeing a resurgence in fan attendance and ticket sales that have been missing for several years. According to the Diamondbacks:

  • The Arizona Diamondbacks have seen an increase in attendance over the past two seasons after season attendance totals had been on the decline for three consecutive years from 2003-05. The team drew 2,325,233 fans to Chase Field in 2007, which was its highest attendance mark since drawing 2,519,560 fans in 2004.
  • The D-backs had 12,471 full season-ticket equivalents during the 2007 season. The team has already surpassed last season’s FSE number and has a goal of reaching 15,000 FSEs in 2008.
  • Currently, the D-backs have sold $3.2 million in new season ticket revenue for the 2008 season compared to selling $2.184 million in new season tickets during the entire 2007 season.
  • Currently, the D-backs have sold $2.3 million in group ticket sales compared to just $1.2 million at this time in 2007. The D-backs finished with $3.9 million in group ticket revenue in 2007 and are projecting a $1 million increase for 2008.
  • Heading into the 2008 season, the D-backs renewed 93% of their season ticket holders compared to just 84% renewal rates heading into 2006 and 2007 seasons.

Cleveland Indians

The Business of Sports Network’s runner-up for MLB Organization of the Year, the Indians won the AL Central, beat the much vaunted Yankees 3-1 in Division play, and pushed the Red Sox to a Game 7 in the AL Championship Series before their impressive playoff run ended. Dovetailing off of an impressive 2007 season, the Indians report that:

  • The Indians tickets sales have exceeded 1.3 million sold to date; they did not hit the 1.3 million mark until late April last season
  • Indians season ticket sales are up 20 percent, eclipsing last year’s total Season Ticket number in early January
  • Group sales are up 39 percent compared to last year at this time
  • From the day after Thanksgiving until this coming Saturday, March 1st, the Indians were selling exclusively Opening Day 2008 (which sold out in less than 3 hours); Opening Series (a 3 Game set vs Chicago), select 6-Game ticket plans (13 variations); 20-GamePlans , 40-Game Plans and Full 81-Game Plans. This does not include single-game sales, which begins this Saturday, March 1st.

Philadelphia Phillies

The Phillies won the NL East last season, the first time they had done so since 1993. With the run to the postseason and winning the Division, the Phillies report that:

  • Sales for full-season equivalents are at 19,600 already this season, compared to 17,100 FSEs last year. That marks a 15 percent increase before the season has started.
  • Individual ticket sales are at 250,000 compared to 150,000 at the same point last season.
  • Group sales at 180,000 compared to 150,000 last season.

Los Angeles Angels 

  • To date, the Angels are running at a greater than 90 percent renewal rate on season seats versus 82 percent last year on this date. There is some "softness" in corporate owned seats versus personal seats from prior years.
  • Sales for season seats running at 50% greater on new season seats versus 2007 primarily due to more availability. Which team spokesman Tim Mead said was, "pretty steady given current state of economy."
  • Suite agreements for them are holding steady, although the Angels did see turnover this year from housing related suite owners - Title companies, homebuilders, financial institutions, etc. However, they say that new buyers are filling those vacancies and will therefore will be at a higher occupancy in suite business for 2008 than 2007.

New York Mets

With the addition of Johan Santana to the starting rotation, the Mets report that they have sold have sold 2.2 million in FSEs, an increase of 15 percent over last year. Single game tickets for the Mets go on sale March 9th.

Chicago Cubs

  • UPDATE (3/1/08): At this point, the Cubs sold more than 2.7 million tickets on March 1, a franchise record for the most tickets ever sold by the Cubs through the end of February.
  • The Cubs did not have season ticket renewal information at this time, but noted "generally speaking, there were only a small handful of folks who did not renew their season tickets for 2008."

Detroit Tigers

The Tigers missed the playoffs last year after going all the way to the World Series on 2006. But, with the aggressive trade made in the off-season that sees Miguel Cabrera and Dontrelle Willis coming over from the Marlins, the Tigers report that:

  • Last year, for the entire season, their FSE total was 19,030. Yesterday, they passed the 26,000 mark in FSEs with six weeks to go before the start of the season.

The Stadium Factor

All this without considering that ticket sales will be for clubs enjoying new stadiums opening in 2008 or 2009. Certainly, the Washington Nationals will see a large bump in ticket sales with the opening Nationals Ballpark opening this year.

But, to add to that increase, the Mets and Yankees will see considerable increases in sales, as well, with both Shea and Yankee Stadium seeing their swan songs this year. While that alone will make tickets extremely attractive, consider that clubs offer incentives in advance of new stadiums opening.

For example, the Mets have announced that Full Season Ticket Holders in 2008 will have priority in purchasing Full Season Tickets for Citi Field in 2009.

The Yankees are, depending on your point of view, either turning a blind eye to the recession, or banking that the fact that New Yankee Stadium will be such a year-round attraction that paying extremely aggressive prices will still be of value in the New York market, regardless of an economic downturn.

While the naming rights for New Yankee Stadium will not be up for grabs, the Yankees and CAA Sports are working on landing a top sponsorship deal that would rake in $20 million annually. On top of that, prime tickets for the approx. 60 front row seats that make up the Legends section will go for an eye-popping $500-$2,500 a game.

All this, in the face of the dire recessionary news.

The View Going Forward

A recession is nothing to take lightly. Team executives that I have spoken with over the past week all say that it is something they are watching closely. As mentioned, some teams will feel the downturn more than others. The question is, will MLB in-total be adversely impacted by the recession?

While we have looked at some figures regarding upcoming season ticket sales, and stadiums coming online in the next two years, the biggest revenue maker for MLB will arrive in 2009 by way of television.

When the MLB Network launches in a year, it will be the largest cable channel launch in history with an estimated 48 million television households. That massive launch is projected to generate total cable subscriber fees of $112 million in 2009 and $152.7 million annually by 2015. While those revenues must be split with other share holders (The channel is two-thirds owned by MLB, with 16.67% of the equity held by DirecTV and the remaining amount split proportionally between InDemand partners Comcast, Time Warner and Cox), it is still a massive revenue stream that will help blunt recessionary forces.

Conclusions

The economy in the U.S. is in the midst of substantial downturn, and one wonders whether we have yet seen the worst of it. With the staggering of new stadium development, thus creating a continued boost to attendance by way of the honeymoon effect, has, in part, created an artificial attendance increase many years running. But, when you throw in the recent run of parity created by the creation of the Wild Card, revenue-sharing, and robust revenue streams, it seems that any team, given solid player development, can make it to the postseason, and with that more teams are enjoying increased ticket sales based off of performances in the season prior, or looking at clubs investing in quality players, and creating a buzz.

When throwing in the launch of the MLB Network in 2009, my prediction is for no worse than a slowing in attendance and revenue growth over the next couple of seasons. But even if the recession becomes monumental, there is always a trump card—a safety net, if needed. Placing MLB Advanced Media as an IPO would yield well in excess of $2 billion.

Commissioner Selig has predicted that this season will see record attendance and gross revenues, yet again for MLB. Doing so will be very tight indeed, but not out of the question, based on the increased passion that fans have for baseball, thin wallets, or not.


Maury Brown

Maury Brown is the Founder and President of the Business of Sports Network, which includes The Biz of Baseball, The Biz of Football, The Biz of Basketball and The Biz of Hockey. He is also a contributor to Baseball Prospectus, and is available as a freelance writer.

Brown's full bio is here. He looks forward to your comments via email and can be contacted through the Business of Sports Network

 
 
Banner

Poll

Should MLB Force Jeffery Loria to Sell the Marlins?