Fiserv Forum Thread - Full (Almost) Capacity Now

[RiotPunch]

I agree with BroncoBuck that Edens seems enough removed/competent enough to sell high. Think you would have to pry the franchise from Lasry's cold dead fingers though, he loves it so much, probably to a fault. Most likely would be Lasry finding new minority owners/investors and buying out Edens maybe?

[0BobLobLaw0]

I agree with BroncoBuck that Edens seems enough removed/competent enough to sell high. Think you would have to pry the franchise from Lasry's cold dead fingers though, he loves it so much, probably to a fault. Most likely would be Lasry finding new minority owners/investors and buying out Edens maybe?

Playing every all-star weekend is probably enough motivation for Lasry to keep ownership in the Bucks.

[Thunder Muscle]

Would be an interesting story for a reporter to compare Bucks tickets prices three years ago versus today.

But then also compare these new prices with other markets, both LA and comparable like Indy and Minneapolis. My sense is the new prices probably now get the Bucks closer to parity with the league, but don’t know. Also would love to know percentage of business ticket accounts versus individuals.

One thing that was great about the Bucks was fact that so many season ticket holders were real fans and not corporate accounts. But the corporate accounts are where the real money is. So yeah, we’re going that direction.

Do corporations buy upper level seats? I feel that's where they major increases are. I just assume businesses would be more interested in premium and lower level seats.

[MickeyDavis]

I agree, it seems as if Lasry is more "into" being an owner. And now he's in charge for the next 4 years. So there could be some shuffling in the ownership. But I don't think any new investor comes on board until/if Giannis extends.

[paulpressey25]

Do corporations buy upper level seats? I feel that's where they major increases are. I just assume businesses would be more interested in premium and lower level seats.

Smaller ones might buy good ones in the upper level (i.e. first three rows along the court).

But what might be happening is that corporations are likely paying higher dollar for lower bowl, which then pushes some average fans to the upper deck. So now all you guys are competing for those same seats.

And of course a few of you have been advertising on here all the money you've made on resale. Don't think they aren't reading this board, and determining the product is underpriced right now compared with demand.

[All The Bucks]

And of course a few of you have been advertising on here all the money you've made on resale. Don't think they aren't reading this board, and determining the product is underpriced right now compared with demand.

*ding, ding, ding, ding, ding*

[paulpressey25]

I agree, it seems as if Lasry is more "into" being an owner. And now he's in charge for the next 4 years. So there could be some shuffling in the ownership. But I don't think any new investor comes on board until/if Giannis extends.

As I've posted before, here are your three scenarios:

a) Lasry, Edens, Fascitelli, Dinan continue to own the team and enjoy them for the next 10-15 years. Maybe one buys out the other at some point, but the basic group stays intact.

b) They all put the team up for sale, and hope a buyer emerges that will keep the team in MKE. They probably get an offer for $1 to $1.5 billion depending on specifics related to the arena and their real estate here. It all depends on what type of sale price this market can cash flow.

c) They decide to cash out and sell/move the team to Seattle. They get a $2.5 billion dollar price for the team in Seattle because it is a much larger market with more revenue potential, and use $250 million of that sale cash to buy out the public debt on the arena, paying back the State. (that allows them to move the team).

Where scenario #3 gets complicated relates to any real estate investments they have around Fiserv. If they are super entangled with other real estate investments, no way do they want to remove the Bucks as the anchor attraction. On the other hand, if an offer from Seattle was so lucrative, they could arguably take the hit on their real estate here, including paying off the Wisconsin Center arena debt.

For now I'm just enjoying the ride with the team on the court.

[MickeyDavis]

I suppose if Seattle offered enough it could entice them. Breaking the 30 year FiServ lease will cost them between $200 million and $553 million depending when the lease is broken. There are probably other franchises that would be more likely to move.

[BradMKE]

And of course a few of you have been advertising on here all the money you've made on resale. Don't think they aren't reading this board, and determining the product is underpriced right now compared with demand.

They don’t need this board for that. They (and literally anyone else) can go on Stubhub and get data on every single ticket sold including date sold, location and price. They also can get the same data for those sold through Ticketmaster. They likely also subscribe to a service that analyses the numbers and gives them customized recommendations based on that data.

[wallus]

It's probably time to put together a Realgm group to buy the Bucks. Supreme must be worth a few hundred million.

[FrieAaron]

certain games you can definitely make more than your money back, but some are still tough sells. No doubt they'll have no trouble selling Lakers tickets, etc at that price but will they be able to sell season tickets at it? Maybe, but at the new rate it doesn't seem like I'll be saving any money on tickets by buying bulk so I'm good just hunting for cheap seats on Mondays against crappy opponents.

[bigredbadger]

certain games you can definitely make more than your money back, but some are still tough sells. No doubt they'll have no trouble selling Lakers tickets, etc at that price but will they be able to sell season tickets at it? Maybe, but at the new rate it doesn't seem like I'll be saving any money on tickets by buying bulk so I'm good just hunting for cheap seats on Mondays against crappy opponents.

This is how i feel. Seems like the average price per ticket is pretty accurately priced when buying a full season. what they arent factoring in is the fact STH are buying in bulk and taking on risk (rest/injuries). i expect some margin for these two factors but they simply arent providing that at these prices.

[MVP2110]

Did anyone join the ticket wait-list? I got an email about it

[MartyConlonOnTheRun]

Did anyone join the ticket wait-list? I got an email about it

I'm really skeptical about that considering there is a giant asterisk that says you only get your $50 back if you buy the tickets. Which would be fine but you have zero idea what pricing is. I think this is another market test where if they can get 5k people willing to put a non refundable deposit down they can hit their upper limit on pricing. It just doesn't smell like a good faith offer where if you put down now you will get good pricing, rather please put fifty down now so we can see if you will bite on exborant pricing.

[MickeyDavis]

Absolute bull to not have pricing announced yet

[BradMKE]

Got an email saying “you are now able to view your playoffs invoice in your account manager” but I see no such invoice. Anyone have the playoff invoice showing up or is this email yet another screwup by the ticket office?

[talbert]

I got the same email and also can not find said invoice.

[Thunder Muscle]

Yeah nothing here either. I never did hear from my rep this week either. I need to submit my cancel request today before I forget.

[MartyConlonOnTheRun]

No invoice for me either. On my 20-21 Invoice, it shows 1 payment when I made two. I think it is still correct but it is annoying

[DMBucks22]

Same as above. No invoice for me.