NFL ticket sales plummet 17.9%

[bripat9643]

Ouch! That's gotta hurt!

NFL ticket sales plummet 17.9%​

The National Football League is feeling the impact of the "Trump Effect."

Ticket sales since he called on team owners to fire players who take a knee to protest the National Anthem have cratered.

The online ticket reseller TickPick told Secrets that sales have dropped 17.9 percent, far more than the usual Week Three fall.

From TickPick:

• 17.9 percent decrease in NFL orders this week compared to the previous week.
• Last year the drop was 10.8 percent in orders on Monday & Tuesday following Week Three games.

"We have seen a massive decrease in NFL ticket purchases this past week in comparison to years past. Week 3 seems to usually have less ticket orders than week 2, but this year ticket purchases are down more than 7 percent from this time last year," said TickPick's Jack Slingland.

"While we can't specify if this decrease is due to the president's comments, player and owner protests, play on the field, or simply the continued division of consumer's media attention, the conversation around the NFL this week has focused on the president's comments as well as the players' and owners' reaction. As viewers continue to abandon their NFL Sunday habits, both the number of ticket sales and the purchase price of tickets will drop," he told us.​

 

[Geaux4it]

Probably why there were no kneelers last night in Green Bay

-Geaux

 

[bripat9643]

Probably why there were no kneelers last night in Green Bay

-Geaux

The main reason is that residents of Green Bay own the team. What they say goes, and I don't imagine they would be too happy with players who take a knee.

 

[Mac1958]

Americans have notoriously short memories. Let's see what this looks like by the end of next season.

 

[JoeMoma]

Americans have notoriously short memories. Let's see what this looks like by the end of next season.

If the players stop taking a knee..........I will "forget".

 

[Harpy Eagle]

Who the hell is "TickPick" and just what percent of NFL tickets go through them?

 

[Harpy Eagle]

Just did a little research on Tickpick...last year they had total revenue of 49.7 million while StubHub had a revenue of 279 million ,last quarter alone.

More wag the dog reporting, find a tiny ticket reseller that is having a bad week and use them to cast doom and gloom.

Find me such number from StubHub or Ticket Master and then you might have a story. This is as much a story as the pay day loan shark guys pulling their ads from the NFL.

 

[ChrisL]

Just did a little research on Tickpick...last year they had total revenue of 49.7 million while StubHub had a revenue of 279 million ,last quarter alone.

More wag the dog reporting, find a tiny ticket reseller that is having a bad week and use them to cast doom and gloom.

Find me such number from StubHub or Ticket Master and then you might have a story. This is as much a story as the pay day loan shark guys pulling their ads from the NFL.

So you are denying there is a backlash? Really? All you have to do is google it. There are PLENTY of sources reporting that the NFL is losing fans and money. To say otherwise is to be living under a rock.

 

[irosie91]

Will this situation have an effect on the price of chicken wings?

 

[Penelope]

Americans have notoriously short memories. Let's see what this looks like by the end of next season.

If the players stop taking a knee..........I will "forget".

No ban yourself from watching any NFL game.

 

[usmbguest5318]

I have to wonder how much ticket (and ticket-related) revenue matters to the NFL.

• How the NFL Makes Money
  
  • According to Investopedia, two-thirds of the NFL’s income is earned via television revenue...ticket sales and merchandising are nice, but the real money–for the NFL at least–is in television and media.
• The road to $25 billion
  • 
    
    
    • Just doing some "back of the napkin" figuring...assume average ticket price of ~$95. That comes to ~$1.64B in ticket revenue
  • 
    
    
• Thanks To Roger Goodell, NFL Revenues Projected To Surpass $13 Billion In 2016
  
  • Local revenues (e.g. tickets, concessions, etc.) are not considered to be a major contributor to the leagues continued influx of new money.

One has to remember that aside from the cost of the stadium itself, a football team's costs, other than player salaries, aren't like the costs of say a tech or other company that has to keep introducing new products. For instance, Apple and Chevy can't sell exactly the same product for decades on end. The NFL's "product" is the same now as it was when the game began: the entertainment of watching 11 really big men trying to move a ball 100 yards in one direction or the other while 11 other really big men try stop them from doing so. It's also not like other types of entertainment that require new "drama," engineering, tricks and whatnot.

The financial implication of that is that once the NFL/a team is profitable, it becomes a very lucrative operation, whereafter revenue growth each year, though desired, isn't essential in the same way it is for other businesses. Accordingly, at the end of the day, what ticket sales are most relevant to, as a source of income, is ROI on stadium construction and/or major upgrades. The reason why is that as long as fans watch on TV, the media revenue is quite enough to keep any NFL owner "fat and happy."

"The Law of Big Money"
"Regular" people talk about ticket sales and their purchases of them as though it's a big deal. It sort of is, but where it matters -- the income the owners take home -- it's not. Those "regular" folks are ignoring the elephant in the room: what I call the "law of big money."

What does the "law of big money" say? It says:

While a person who made, say $55M one year, and in the following year made $39M and subsequently after that earns $15M, though s/he's not thrilled about the decline in their earnings, they're by no means "upset" or "hating life." In contrast, a person who earned $55K one year, $39K the following year, and $15K the year after that is very "upset" and is almost certainly "hating life."​

I'll leave it for you to figure out how the "law of big money" applies to football team owners, thus why ticket revenue declines don't upset them too much.

 

[irosie91]

seems like the real issue is-----will advertisers want to drop
them-------my guess is "probably not"

 

[rightwinger]

Ouch! That's gotta hurt!

NFL ticket sales plummet 17.9%​

The National Football League is feeling the impact of the "Trump Effect."

Ticket sales since he called on team owners to fire players who take a knee to protest the National Anthem have cratered.

The online ticket reseller TickPick told Secrets that sales have dropped 17.9 percent, far more than the usual Week Three fall.

From TickPick:

• 17.9 percent decrease in NFL orders this week compared to the previous week.
• Last year the drop was 10.8 percent in orders on Monday & Tuesday following Week Three games.

"We have seen a massive decrease in NFL ticket purchases this past week in comparison to years past. Week 3 seems to usually have less ticket orders than week 2, but this year ticket purchases are down more than 7 percent from this time last year," said TickPick's Jack Slingland.

"While we can't specify if this decrease is due to the president's comments, player and owner protests, play on the field, or simply the continued division of consumer's media attention, the conversation around the NFL this week has focused on the president's comments as well as the players' and owners' reaction. As viewers continue to abandon their NFL Sunday habits, both the number of ticket sales and the purchase price of tickets will drop," he told us.​

The NFL does not make money off of ticket resales

So scalpers are losing money?

 

[irosie91]

Ouch! That's gotta hurt!

NFL ticket sales plummet 17.9%​

The National Football League is feeling the impact of the "Trump Effect."

Ticket sales since he called on team owners to fire players who take a knee to protest the National Anthem have cratered.

The online ticket reseller TickPick told Secrets that sales have dropped 17.9 percent, far more than the usual Week Three fall.

From TickPick:

• 17.9 percent decrease in NFL orders this week compared to the previous week.
• Last year the drop was 10.8 percent in orders on Monday & Tuesday following Week Three games.

"We have seen a massive decrease in NFL ticket purchases this past week in comparison to years past. Week 3 seems to usually have less ticket orders than week 2, but this year ticket purchases are down more than 7 percent from this time last year," said TickPick's Jack Slingland.

"While we can't specify if this decrease is due to the president's comments, player and owner protests, play on the field, or simply the continued division of consumer's media attention, the conversation around the NFL this week has focused on the president's comments as well as the players' and owners' reaction. As viewers continue to abandon their NFL Sunday habits, both the number of ticket sales and the purchase price of tickets will drop," he told us.​

The NFL does not make money off of ticket resales

So scalpers are losing money?

be patient----it's only the beginning of the blow-back----which may come to nothing--------or may come to something for the NFL--------I doubt the effect will be a
disaster

 

[rightwinger]

NASCAR has come out in opposition of protests during the national anthem

They are seeing their worst attendance and ratings in decades

 

[Remodeling Maidiac]

Who the hell is "TickPick" and just what percent of NFL tickets go through them?

You'd have to be a blind partisan tool to not see the blowback. It is real & it is making its own DEMANDS that the players WILL kneel to.

 

[G.T.]

A more honest thread title would be "online ticket REsales decreased 17.9% at one vendor"


dishonest thread to pimp a narrative, rules for radicals at 11

 

[G.T.]

Who the hell is "TickPick" and just what percent of NFL tickets go through them?

You'd have to be a blind partisan tool to not see the blowback. It is real & it is making its own DEMANDS that the players WILL kneel to.

I believe this, but it was still presented dishonestly in the OP.

 

[rightwinger]

Who the hell is "TickPick" and just what percent of NFL tickets go through them?

You'd have to be a blind partisan tool to not see the blowback. It is real & it is making its own DEMANDS that the players WILL kneel to.

I still don't see a definite correlation

There are many other factors that are having a much bigger impact on ratings

 

[Remodeling Maidiac]

Who the hell is "TickPick" and just what percent of NFL tickets go through them?

You'd have to be a blind partisan tool to not see the blowback. It is real & it is making its own DEMANDS that the players WILL kneel to.

I believe this, but it was still presented dishonestly in the OP.

You see dishonesty I see anecdotal evidence that the NFL better get their shit together.