February 09, 2004
Investing in Winning
Looks like the signing of Ivan Rodriguez by the Tigers is already paying dividends:
The Tigers sold a single-day team-record $160,000 worth of tickets Monday, the day they announced signing the 10-time All-Star catcher to a four-year, $40-million contract.
Tuesday, the Tigers did even better, and Wednesday topped $100,000 again.
"Hall of Fame players don't drop on your door step every day," senior vice president Jim Stapleton told the Associated Press. "There's no question he's made a significant impact."
And each one of those tickets is going to bring in additional revenue when the fans come to the park and by food and other items. And if the Tigers put on a good show, more might even come out on game days. The best scenario is that I-Rod jumps starts them to more revenue, which allows the team to continue to develop, obtain and keep better players.
Posted by David Pinto at
05:22 PM
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Even better is how many more tickets Pudge's new team is selling compared to his old team (off a World Series win).
Once you consider the history of the Tigers and their new stadium it evens out don't you think?
First of all, you'd have to look at the number of season tiks sold in the two years. After the debacle that was '03, I would assume many folks dropped their full or partial plans, but still bought tickets one of the first three days.
Next, you're comparing $10 mil in expenses (well, $9.7 mil over minimum) to what, $200K in extra single game ticket sales? Lotsa luck with all that.
