G. Mill and the future of the Jazz

[retiredcoach]

Being a season ticket holder I haven't seen the ESA SOLD OUT once this year that includes Miami, LA and others if fans want to see the Millers to spend more $ then sell out the ESA 250 times in a row like Portland!

The Jazz average 19,517 tickets sold per game out of a possible 19,911. Sold includes Jr. Jazz tickets, tickets given away with car purchases, and all other promotions. As you mentioned, however, turnstile numbers are much lower than tickets sold so there are empty seats.

The Jazz average between 75% and 90% season ticket renewals. The last 2 years it has been closer to 75%. The total Jazz revenue including TV, merchandise, food, ticket sales, suites and selling the naming rights is around $125 million. Ticket sales account for $42 million.

The Lakers take in $214 million and that's before their new TV deal they just signed. They get $96 million in ticket sales. The arena holds fewer fans than the Jazz at 18,997. I guess the hollywood stars can afford to pay through the nose for tickets. No wonder movie prices are so high!

[jazzfan1971]

Tickets at 42 million are what, about half of the team's paycheck?

I can see why the team would like to avoid the luxury tax.

[DelaneyRudd]

Looks like the term "paralyzingly conservative" can be thrown out the window.

[kamazilla]

^^^
Absolutely. That being said, in 25 years of following the Jazz, never have I seen a move anything like this. Assuming any additional deals before the deadline are genuinely made to improve the team, I'll remain impressed with the unexpected decisiveness KOC and G. Miller have exhibited. Just a smart, foresightful business and basketball move.

[The59Sound]

I did sort of expect us to just doddle around with Deron. This is a VERY pleasant surprise!

[DelaneyRudd]

i think Greg is letting Kevin do his job. Before it went to Larry, then to Jerry, then to Kevin.

[jazzfan1971]

I've always thought KOC was a good GM. It'll be interesting in this new era if his hands are untied to do as he pleases.

[The59Sound]

I think KOC has gotten too much grief historically a swell, given the situation he found himself in. We'll see if he earns his money the next couple years...

[kamazilla]

I've always thought KOC was a good GM. It'll be interesting in this new era if his hands are untied to do as he pleases.

I agree. Most of the moves with which I've disagreed have been made to save money, as decreed no doubt by ownership. KOC has been adept at amassing player assets. With the newly acquired lottery picks, I am hoping he can match his previous track record of success in the draft's second round. My hunch is that the Jazz may weigh "potential" more heavily in analyzing prospects now that Sloan is gone.

[TDIDDY]

Being a season ticket holder I haven't seen the ESA SOLD OUT once this year that includes Miami, LA and others if fans want to see the Millers to spend more $ then sell out the ESA 250 times in a row like Portland!

The Jazz average 19,517 tickets sold per game out of a possible 19,911. Sold includes Jr. Jazz tickets, tickets given away with car purchases, and all other promotions. As you mentioned, however, turnstile numbers are much lower than tickets sold so there are empty seats.

The Jazz average between 75% and 90% season ticket renewals. The last 2 years it has been closer to 75%. The total Jazz revenue including TV, merchandise, food, ticket sales, suites and selling the naming rights is around $125 million. Ticket sales account for $42 million.

The Lakers take in $214 million and that's before their new TV deal they just signed. They get $96 million in ticket sales. The arena holds fewer fans than the Jazz at 18,997. I guess the hollywood stars can afford to pay through the nose for tickets. No wonder movie prices are so high!

Trust me there is no way they are getting this many people in the door. The upper bowl is empty the seat's next to me are empty 1/2 the time in the lower bowl. Plus for the 2-4000 people who dont show up or dont buy the tickets the Jazz are missing the $$$$ from the food the merchandise that they are hopping them to buy. Thats where (food) is where this team hopes to make a lot of its money for each home playoff game they said its an easy 1-1.5 million dollars in food sales for the Jazz because its a sell out most of the time.

Oh and the Lakers make double every home game to what the Jazz do in profits