bondom34 wrote:righterwriter wrote:bondom34 wrote:
Are you intentionally cutting out parts of my post? This is what I wrote verbatim in my post one page back:
No, I accounted for ticket sales. You mentioned $26.5M in ticket sales, which I included in the $51.5M revenue made from TV and ticket sales (the number you listed).
I subtracted the cost of salaries (approximately $12M) and operating costs (an estimate of $19M). That leaves $20M to cover the costs of everything else league wide. Even if there were no other costs, they owner's would be only making $1.5M/yr each, which is not a lot for a business which requires $31M of costs. But then we need to consider the other costs.
How much is it for 191 road games of travel/accommodation? How about front office and back office employee costs? Lawyers? Security? Equipment? Advertising? Insurance?
Certainly some money is made on concessions and merchandise, but even with all of that, it's not leaving a lot left over for the owners of the teams.
If you can find out the bottom line of how much money is actually made once all expenses are accounted for, and make it at least slightly worthwhile for the owners of the team financially, then it can be determined that raises are viable.
So it's clearly mentioned in the text bolded.
As for a generalization when it's something that team owners in every other sport do, I'd question why owners in this one specific instance can be trusted especially when some own both WNBA and NBA teams.
Maybe they can be trusted, maybe they can't. You can't just assume that they are all making a lot more profit when there's nothing there to believe such a thing. Find out how much they make in all of their streams of revenue then trust doesn't figure in. As mentioned, typically there is an unbiased accounting service which determines revenue, not just the owners personally hired accountants.
And again, not saying it even should be 50/50, just likely (key word) more than it is now. The league is growing in popularity and the pay should reflect that IMO. Maybe you disagree, which is fine.
How can you say if it should be more when there's no proof that more is financially viable. I disagree because you haven't proven anything. If you can prove it, then there's no need to debate at all, but as long as you claim that there should be more paid out without supporting it, then you'll get people challenging it and disagreeing.
righterwriter wrote:When there is a bigger pie to share like with the NBA, then costs like travel, paying the lease on the arena, marketing, security, paying employees, etcetera, are covered by the owners without it being as big of an issue.
When you have a smaller pie to share like with the WNBA, you can't simply split revenue in half and still tell the owners to cover the costs.
Below is a link to an article which shows just how much operating costs are for an arena (typically around $15M/yr). Let's say they are in operation 300 days per year, that would come to a cost of $50,000 per night in operation. There are 368 regular season WNBA games and 14 playoff games, so that's 382 x $50,000. This comes to an estimated cost of $19M for the league.
So $12M in salary + $19M in arena costs = $31M. Add in all the other costs and at the end of the day and its likely a lot of work for the owners and management without making much money.
https://www.glendaleaz.com/documents/study-comparisonofoperatingcostsforsimilararenas.pdf
This was your first reply to me. I'm not seeing anything about this other than "its likely a lot of work for the owners and management without making much money. "
Firstly, that's all you see? What about the numbers of other costs I listed?
Secondly, I was subtracting the known expenses from the known revenue that you listed. Not sure why you missed that, but okay.
As for trust, you can trust who you'd like but again if you do, please do the same when NBA owners demand a cut for NBA players (again not saying they need to be equal), but trust both.
There's no need for trust or mistrust. It's all numbers, then negotiation. Your assuming that there is lying going on just points to your bias without proof. It taints any sort of objective truth seeking you should be holding onto.
And I'm saying they should see if it's financially viable because to me it seems with the growth of the league and newer TV deal it should be.
Unless of course the league was losing money under the old deal before, which is what has been reported. It's fair to wonder why receiving more TV revenue would not result in a raise, but it really is about the bottom line with everything considered. If you can't show reasonably that there is enough money left over for a raise, then you can't say there should be a raise.
At least you've dropped the idea of comparing things to the NBA though.
I didn't cut your post, that was your reply to me. And sorry if we disagree but no need to be aggressive over it.
You quoted my first reply for some reason, not the last one-- which you replied to, in case you forgot-- and had literally everything you claimed that it didn't. That was your bad. If you think my calling you out on that is "aggressive" then I'd recommend that you not do that to people you are having discussions with, as it appears you are being intentionally disingenuous.