Dodgers Face $27 Million Revenue Loss Due To Empty Seats
Maybe Dodger Dogs lack their usual appeal this year? Perhaps the beer temp isn't cold enough this season? Is the SoCal sun just too hot this summer? Is it feasible to assume the drastic drop in Dodger Stadium attendance this year is due to the brutal Bryan Stow beating on opening day?
Averaging approximately 8,000 fewer fans per home game this season, Dodger Stadium will likely lose $27 million in reduced ticket sales, concession and parking revenue for the 2011 season, reports LA Times.
In 2009 the Dodgers' revenue totaled $286 million. This year's decline in fan participation would amount to a 9.4% minimum drop in total annual revenue.
Average paid attendance at the 59 home games so far this year equals 36,731. Compared with its 2010 average, paid attendance has experienced a 7,902 (17.7%) dive.
The attendance downfall is an unfortunate blow to the already financially unstable team that filed for Chapter 11 in June 2011.
"When people don't go to the ballpark, the Dodgers lose ticket revenue but they also lose concessions revenue and ultimately sponsorship and advertising revenue" along with parking revenue, said Andrew Zimbalist, a sports economics professor at Smith College.
The $27 million in lost revenue would pay the combined salary's of three Dodgers players - Matt Kemp, Andre Ethier and Hiroki Kuroda.
Dodger fans, where are you this season?
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