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Old 08-15-2011, 11:37 AM   #1
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Default Denver is most overextended market for professional sports.

Interesting to think about. Kansas City 5th on the list.

http://www.bizjournals.com/bizjourna...t.html?ana=twt

Denver is under more financial stress than any other professional-sports market in North America, according to a new On Numbers study.

Denver heads a list of 20 overextended markets, all of which have insufficient income bases to support their existing major-league teams. Complete rankings can be found in the database below.

On Numbers analyzed 85 metropolitan areas in the United States and Canada to determine if they have the financial ability to support professional teams in baseball, football, basketball, hockey and soccer. Click here for the complete methodology.

The Denver area would need total personal income (TPI) of $209.3 billion to provide an adequate base for its five existing teams, according to the study. (TPI is the sum of all money earned by all residents in a given year.) But Denverís actual TPI is $121.9 billion, yielding an income deficit of $87.4 billion.

This shortfall doesnít necessarily mean that any of Denverís teams will move or fold. But itís a reliable sign that those teams can expect continued volatility in attendance and revenues.

Nineteen other markets are overextended, based on estimates by On Numbers. Among them are five areas with TPI deficits larger than $50 billion: Cleveland, Pittsburgh, Tampa-St. Petersburg, Kansas City and Milwaukee.
The other 65 metros included in the study either have sufficient income to support their existing franchises or donít have any major-league teams at all.
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Old 08-15-2011, 11:47 AM   #2
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Ship the Rockies out.
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Old 08-15-2011, 11:51 AM   #3
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Ship the Rockies out.
I doubt many National League teams will miss having to pitch at Coor's Field.
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Old 08-15-2011, 11:51 AM   #4
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my guess is that becuase their is so much other things to do in Denver (ski / hike / etc) that profession sports suffer. Along with the good weather like San Diego. The midwest, south, and east coast have more extreme weather making people focus on their sports franchises.

Oklahoma City just dominated attendence numbers because their is nothing to do there. But I just dont see OKC as a sports town.
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Old 08-15-2011, 11:53 AM   #5
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It's due to the rising cost of the taxes to build the stadiums, as well as the rising cost to even attend these events.

The NFL has killed it's bread and butter by not making it affordable to go, yet the consumer class that buys jersey's, dvd's, NFL sunday ticket, etc etc etc - Supported this rise in cost. Now that the bottom fell out, there's no sustainability to get the income via concessions, gate prices, parking, etc etc.

What made it great, killed it.
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Old 08-15-2011, 11:55 AM   #6
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It's due to the rising cost of the taxes to build the stadiums, as well as the rising cost to even attend these events.

The NFL has killed it's bread and butter by not making it affordable to go, yet the consumer class that buys jersey's, dvd's, NFL sunday ticket, etc etc etc - Supported this rise in cost. Now that the bottom fell out, there's no sustainability to get the income via concessions, gate prices, parking, etc etc.

What made it great, killed it.
i concur
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Old 08-15-2011, 11:56 AM   #7
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It's due to the rising cost of the taxes to build the stadiums, as well as the rising cost to even attend these events.

The NFL has killed it's bread and butter by not making it affordable to go, yet the consumer class that buys jersey's, dvd's, NFL sunday ticket, etc etc etc - Supported this rise in cost. Now that the bottom fell out, there's no sustainability to get the income via concessions, gate prices, parking, etc etc.

What made it great, killed it.
im very curious if numbers start to fall, not rise, for the NFL. it really is way too expensive to go to multiple games a year for a lot of people, and you can have as good a time watching it at home or at a bar.
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Old 08-15-2011, 11:57 AM   #8
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I think MLB as a sports is bland and uninteresting.
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Old 08-15-2011, 11:58 AM   #9
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I've never heard that any of the Denver teams are really struggling on the attendance front. Though I really only follow the Broncos and they have sold out for decades.

I wonder if they take the entire state into account. It's not like back east where big cities are right next to each other. Denver has all of Colorado and Wyoming (which adds a couple million people).

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Old 08-15-2011, 11:58 AM   #10
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The NFL has killed it's bread and butter by not making it affordable to go
It might happen but it hasn't yet.
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Old 08-15-2011, 11:59 AM   #11
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I wonder if the numbers change if they include the entire state. A lof of fans/$$ is left out if they don't include the entire state/rocky mountain region.
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Old 08-15-2011, 12:00 PM   #12
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Quote:
Originally Posted by Peoples Champ View Post
my guess is that becuase their is so much other things to do in Denver (ski / hike / etc) that profession sports suffer. Along with the good weather like San Diego. The midwest, south, and east coast have more extreme weather making people focus on their sports franchises.
Not Boston. It's just as easy for me to access top notch local hiking and areas in Vermont, NH and Maine as it is for downtown Denver residents to find the same. And we're also right on the ocean and all that comes with it, which Denver certainly doesn't have.
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Old 08-15-2011, 12:01 PM   #13
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It might happen but it hasn't yet.
http://www.businessinsider.com/real-...#ixzz1V7PNGZQ5

Yet*.....Several friends have dropped Sunday Ticket due to cost. Revenues will start decreasing, you have more and more people making less and less.
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Old 08-15-2011, 12:01 PM   #14
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Not Boston. It's just as easy for me to access top notch local hiking and areas in Vermont, NH and Maine as it is for downtown Denver residents to find the same.
Same here in South-Central-PA.
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Old 08-15-2011, 12:02 PM   #15
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Originally Posted by alkemical View Post
http://www.businessinsider.com/real-...#ixzz1V7PNGZQ5

Yet*.....Several friends have dropped Sunday Ticket due to cost. Revenues will start decreasing.
Well it is certain then.

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Old 08-15-2011, 12:03 PM   #16
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Well it is certain then.

it's an indication of a trend that is going to happen. Look at Bowlen, he's obviously got some $ problems right now. You have a larger scale workforce making less $.

Check the link out and look at some of the data and see if it's feasible for $8/hr workers to make it to an NFL game.


You know what's going to be a big market here soon: Authenticity.

With the advent of 3d printing - "authentic" is going to be the new "organic".
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Old 08-15-2011, 12:03 PM   #17
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I lived in Denver for years.... Must have missed the "In Denver" ski resorts. I always had to drive and hour or more to get to my favorites.
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Old 08-15-2011, 12:03 PM   #18
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Not Boston. It's just as easy for me to access top notch local hiking and areas in Vermont, NH and Maine as it is for downtown Denver residents to find the same. And we're also right on the ocean and all that comes with it, which Denver certainly doesn't have.
at the notion that hiking around Boston comes even remotely close to hiking in the Rockie Mountains. That's rich.
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Old 08-15-2011, 12:04 PM   #19
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Quote:
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it's an indication of a trend that is going to happen. Look at Bowlen, he's obviously got some $ problems right now. You have a larger scale workforce making less $.

Check the link out and look at some of the data and see if it's feasible for $8/hr workers to make it to an NFL game.
Your sample group is....


"several of your friends"

Just saying.
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Old 08-15-2011, 12:06 PM   #20
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Your sample group is....


"several of your friends"

Just saying.

Missed the link to show some trending information, eh?

http://www.businessinsider.com/real-...#ixzz1V7PNGZQ5

Come on, either you're better than that or you're just trolling.

Either way, **** off!
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Old 08-15-2011, 12:07 PM   #21
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what a joke. they are only counting Denver-Aurora-Broomfield....

here is what they left out:

http://www.bizjournals.com/buffalo/d...57778272335197
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Old 08-15-2011, 12:07 PM   #22
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The number of buyers in the market for the NFL far exceeds any ability to see a price reduction. That's why I wanted a full of season ending lockout.
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Old 08-15-2011, 12:07 PM   #23
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Nfl attendance has fallen three straight years. But except for the avs, Den teams draw. The study is flawed in that not all cities will have populations that spend discretionary income in the same ways. For example, in KC mullets, camaros and fat women with tatoos on sagging breasts and flabby triceps are in demand. In Oak, it's meth and old star wars regalia.

http://espn.go.com/nba/attendance

http://www.baseball-reference.com/le...tendance.shtml

http://espn.go.com/nhl/attendance

http://espn.go.com/nfl/attendance/_/year/2010
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Old 08-15-2011, 12:08 PM   #24
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Nfl attendance has fallen three straight years. But except for the avs, Den teams draw. The study is flawed in that not all cities will have populations that spend discretionary income in the same ways. For example, in KC mullets, camaros and fat women with tatoos on sagging breasts and flabby triceps are in demand. In Oak, it's meth and old star wars regalia.

http://espn.go.com/nba/attendance

http://www.baseball-reference.com/le...tendance.shtml

http://espn.go.com/nhl/attendance

http://espn.go.com/nfl/attendance/_/year/2010

No way man, NFL is having a decline in attendance?

Pffft - there's no trend there.

:****son ZachKC:
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Old 08-15-2011, 12:09 PM   #25
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Missed the link to show some trending information, eh?

http://www.businessinsider.com/real-...#ixzz1V7PNGZQ5

Come on, either you're better than that or you're just trolling.

Either way, **** off!
Several of my friends picked up the NFL package this year.

Obviously you are wrong.

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