Tuesday, May 29, 2007

The Irrelevant Individual Fan

This blog is written mostly tongue in cheek. Some points may be informative. Please provide your feedback.
If you suffer from self-irrelevancy, please seek professional advice.

Hello. Jimmy Traina of si.com asked what the 5 worst things in sports are. The one that most people seemed to point out was how expensive it was to go to an actual pro game. Ticket prices have gotten to the point where a family cannot attend regularly, and all the other costs involved (parking, concessions, gas, etc) do not help either.
Why does the individual fan get gouged so much? Because that fan is irrelevant.
This is explained by the Pareto Principle. 20% of the fans account for 80% of the revenue. In the case of an arena, this translates into the box seats and floor level seats. Anything above the bottom row is irrelevant.
Because the 20% are priced out of reach for 99% of people, the remaining 80% can be priced at whatever the owners please, because anything less seems like a bargain to an ordinary fan.
Will this cause sports to have problems? More tomorrow.

Regards,
Irrelevant

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