The math still doesn’t math to me.
Season ticket revenue is what it is no matter where we play the games. I assume the same is true of guarantees to opposing teams. Incremental ticket sales is probably a wash as well between Walsh and the Rock.
Moving 3 games to Walsh saves us $240k in Prudential costs. I’ll assume 3 games at Walsh cost us $30k to put on.
Not trying to break balls with this line of questioning. Just genuinely want to understand.
The math is actually very simple.
We played two games at Walsh last season. Attendance was 1,286 and 1,219 for an average of 1,252.5. Tickets were priced at $40. That works out to just over $50,000 in revenue for each date.
My guess is we probably paid Fordham and Wagner about $50,000 for their buy rate. Halldan, SPK or someone else might have the actual number but I think that's around the low end that opponents receive for guarantee games. I would suspect -- but I don't know -- that we might negotiate a lower number for Walsh games but I doubt that makes a big difference.
We played four mon-conference games in Newark last season. Announced "attendance" (tickets sold) was 8,072, 8,606, 8,099 and 8,791 which comes out to an average of 8,392. If we use that same $40 average (which might be conservative given the variety of price points available), each game generated more than $330,000 in ticket revenue or more than six times what you made at Walsh.
Even after taking out $80,000 for rent and something north of $50,000 for the buy rate and you should be solidly in the black.
I'd say losing 75-80% of your revenue is a big hit.