sbi visa credit card verification how to use first data credit card machine php secure credit card storage canadian tire credit card online application how do credit cards work best online credit card processing 2012 temporary credit card machine rental halifax cash back credit card terms and conditions compare and contrast the good and bad characteristics of credit cards credit card holder wallet ebay best credit card reward offers 2011 best online loan companies best credit card deal 2012 best credit cards for cash back rewards 2013 best new credit cards offers american express credit cards wikipedia best credit card for paying student loans natwest gold credit card charges what is the best credit card to build credit fast credit card with bad credit instant approval freedom credit card pay as you go aib credit card protection services goodyear tire credit card phone number visa student credit card with no credit need a credit card with a high limit free prepaid credit cards visa small business credit card comparison canada stores that offer credit cards iphone credit card processing comparison capital city credit card login icici instant credit card charges capital one credit card visa signature credit card score ranges data secure credit card aluminium wallet credit cards with no annual fees in india hsbc credit card minimum payment percentage is discover card good for building credit secured credit card ratings australian credit card comparisons hsbc credit card promotions malaysia commonwealth bank credit card rates credit card machines for small businesses cost best travel rewards cards in canada unsecured credit cards bad credit canada best credit cards with cash back offers is credit card insurance necessary how to put all credit cards into one rbc bank visa debit card earth black credit card travel insurance credit cards with no credit check instant approval paypal credit card verification time instant online cash loans no paperwork south africa hsbc credit card cash advance promotion how do i pay my lane bryant credit card on line best travel rewards credit card bonus canadian tire credit card online american express credit card application check intuit mobile credit card processing reviews hdfc credit card payment by cheque best credit card app for iphone 2011 capital 1 credit card payment address rbc visa prepaid credit card balance bad credit credit card approval dummy uk credit card number credit card online apply bank of india staples business credit card application status united mileage credit card review sign up for chase credit card rewards disney chase rewards cards whats an easy to get credit card top 10 canadian travel credit cards unlimited cash back credit card malaysia sears master credit card canada hdfc credit cards helpline number 0 credit cards american express gold credit card review discover card credit score tracker uk credit card debt settlement low rate credit cards canada gap visa card make payment can you get a credit card after chapter 7 bankruptcy easier get credit card credit union interest free balance transfer credit card uk how old to get a credit card in uk what;s the best way to consolidate credit card debt im 18 should i get a credit card british airways credit card deal 2011 lifehacker best credit card rewards online application for visa electron card apply for sears credit card hsbc what is the best credit card for airline miles axis bank credit card payment charges 0 interest rate credit card transfer best new credit cards 2012 accept credit cards online australia costco merchant credit card services uk navy advance travel pay calculator capital one rebuild credit cards social security payday advance loans when was the first credit card issued in the united states tata sbi credit card apply online pnc credit card services login best credit card to get for someone with no credit guaranteed credit card approval no deposit credit cards no interest no annual fee alaska airlines credit card through bank of america sbi credit card status online where to buy prepaid credit cards uk payday cash advance forum mortgages for bad credit uk hsbc credit cards online payments new horizon credit union credit card british airways credit card offer review credit card credit rating payday loans no fees uk store credit cards on iphone app wells fargo health advantage credit card account application citi credit card balance transfer to bank account lowest interest credit cards for good credit sampath bank credit card promotions 2012 bad credit credit cards guaranteed approval uk credit card payment calculator uk bank of america credit card travel rewards southwest rapid rewards plus visa cards cheap online payday advance real valid visa credit card number blank standard credit card authorization form southwest air credit card deals how to get approved for a store credit card with bad credit unsecured bad credit cards guaranteed approval hsbc credit card loan philippines gnc gold card number lookup pay off credit card debt with 401k loan icici credit card charges international transaction irctc sbi credit card login prepaid credit cards no fees canada low introductory rate credit card canada how will applying for a new credit card affect my credit score credit card debt consolidation loan chase credit cards to apply for when you have no credit best visa credit card usa citi credit card 200 cash back stolen credit card numbers amazon hdfc credit card online login id how much will a secured credit card help my credit alaska airlines visa?î business credit card travel rewards credit cards best current credit card rates apr westpac credit card travel insurance australia 0 credit card deals for existing customers business credit card comparison chart planet fitness black card shirt payday loan no credit check direct lender uk banks entice uber rich with super-premium credit cards free orange pay as you go sim card with ?ă5 free credit security credit card wallet philippines capital one canada credit card online banking is a prepaid credit card a good idea sbi international credit card benefits activate visa credit card phone number sbi gold credit card limit how to pick a bedroom door lock with a credit card unsecured gas credit cards for bad credit capital one credit card cashback bonus ge capital credit card application status best credit cards for rewards 2013 entropay free virtual credit card cash advance rate calculator 0 percent interest free credit card online bad credit loan direct lenders city bank credit card bill payment online prepaid credit cards for overseas travel disney chase visa card login dubai first credit card charges best payday loans online no credit check hsbc premier credit card air miles where is the credit card number located on an american express credit card register credit card online barclays citibank virtual credit card ipad amazon credit card visa login payday loans no credit check no guarantor no fees no brokers next payday advance phone number capital one 0 interest credit cards credit card application lloyds tsb barclay credit card application phone number lifetime free credit card hsbc corporate credit card singapore sears credit card customer service 800 number sss online loan application form gm household credit card login new uk credit card laws how to redeem hsbc credit card points philippines bad credit loans instant decision no guarantor aspire credit card customer service phone number what are good credit cards to apply for united community bank credit card login blank automatic credit card billing authorization form apply for hdfc credit card with no annual fee best points credit card canada 2013 payday loans no credit check direct lenders only transfer credit card balance to bank account hdfc first credit card for no credit history college student credit cards visa citifinancial credit card bill pay how do i pay icici credit card bill online bmo prepaid credit card review capital one secured card credit increase uk credit card 0 interest 24 months canada uob credit card rewards indonesia how to calculate credit card apr formula citibank college student credit card credit card debt on death uk cash advance loans online direct lenders tata sbi credit card status best 0 balance transfer credit card good credit cards for rebuilding your credit lloyds tsb credit card application criteria southwest rapid rewards visa card review credit card payment calculator excel spreadsheet pc richards ge capital credit card best credit cards uk rewards applications of credit card fraud detection using hidden markov model pay my first premier credit card online best credit cards for bad credit rebuild credit cards explained uk american express prepaid credit card promotion code city bank credit card bill desk gap visa card login best australian credit cards comparison sbi credit card registration printable credit card applications american express accepting credit card settlement offer credit card report definition accept credit cards online south africa payday advance loans online paypal vs credit card processing fees student credit card uk tesco credit card joint application zero percent interest credit card canada does applying for credit card affect credit rating td first class visa infinite cardholder agreement 0 apr credit cards on purchases where can i get a credit card with bad credit and no deposit fake credit card numbers that work with cvv pay barclays credit card phone online application for credit card in bank of india best prepaid credit card for international travel chase credit card rewards gift cards getting a secured credit card after bankruptcy halifax credit card minimum payment calculator canada trust visa phone number delta airlines credit card no annual fee city bank corporate credit card bill payment starwood preferred guest credit card referral credit card interest calculator compounded monthly do i need a credit card to rebuild my credit credit union lowest credit card rates student visa credit card usa anz low rate credit card apply online loan bad credit instant marathon visa credit card application compare visa credit cards tesco credit card application process post office credit card contact telephone number best small business credit card reviews what is a fake credit card number i can use halifax credit card pays 5 cash back orchard bank first credit card amazon bank of america credit card contact number pay sears credit card citibank how long halifax credit card application cibc canada credit card login vanquis credit card uk login barclays black credit card credit cards for bad credit and unemployed free black card nandos 0 transfer apr credit cards free virtual credit card to verify paypal chase credit card 500 cash back sallie mae pay loans with credit card icici credit card settlement noc free credit card terminal app title loans online no credit check chase bank student credit card southwest airlines rapid rewards visa credit card college student credit cards with cosigner guaranteed bad credit loan uk shell credit card login random credit card number for itunes best travel rewards credit cards canada virgin credit card ppi phone number reward credit cards uk credit card history in the philippines credit card interest free on purchases how to settle debt with credit card companies yourself lifetime balance transfer credit cards uk low fixed rate credit card offers how to view icici credit card reward points ebay credit card on file good credit cards in canada for students secured credit card for business canada credit card number visa electron best credit card loans canada credit card processing company home loan balance transfer calculator india city bank credit card statement standard chartered credit card offers on flipkart best buy reward credit card review bank of america visa reward cards black credit card no limit credit limit three mobile rfid credit card scanner for sale credit cards for no credit students no annual fee interest free credit card transfer uk credit card information new payday loan lender 2011 no foreign transaction fee credit card citibank citibank mastercard credit card login how to get out of credit card debt without paying what is a cash advance on my credit card capital one platinum card visa virgin credit card minimum payment increase amazon visa card uk metal security credit card holder america first credit union horizon gold credit card customer service best credit card with rewards cash back small business credit card processing reviews chase credit card rate reduction list of real credit card numbers that work best reloadable prepaid credit cards visa credit card usa phone number poor credit rating credit cards uk citi small business credit cards business credit card comparison payday loans no fees upfront are visa debit gift cards reloadable best credit card to build credit score fast hdfc master credit card registration chase canada credit card processing credit card 0 balance transfer no handling fee payday lenders uk no brokers compare credit card best airmiles credit card offers chevron credit card payment mailing address prepaid credit cards uk no fees installment loans online instant approval get pre-approved for chase credit card visa black card login zero percent balance transfer fee credit card offers student loans with bad credit score credit card number format meaning best credit card processing rates canada top credit card deals 2012 consolidate credit card debt td canada trust credit card fees for businesses transactions starwood american express canada credit card business mastercard credit card application best canadian no fee cash back credit card different types of td visa cards if i apply for a walmart credit card online can i use it in the store virgin credit card login uk what happens to credit card debt when you die in new york credit cards with 0 apr and rewards best credit cards deals 2011 what is the daily halo reach credit limit hsbc credit card settlement department payday cash advance lenders only citibank credit card settlement letter which credit card offers the best rewards program bank of america 2.5 cash back credit card getting a credit card with bad credit canada top petrol cashback cards what to look for when choosing a credit card direct payday loan lender sites which chase credit card is easiest to get master credit card apply online low interest rate credit cards with no transfer fee chase credit card apr calculator fast online cash advance lenders best credit cards for traveling abroad 2011 capital one zero interest credit card which credit card is easiest to get apply for discover student credit card united airlines credit card premier qualifying miles joint credit card application canada post office credit card contact email credit card with no credit history usa does applying for credit card affect your credit rating accept credit cards on iphone uk citibank freedom credit card login loans with bad credit online application hotel rewards credit cards reviews cash advance fee hsbc credit card government small business loans with bad credit uob credit card travel deals what credit cards can i apply for with average credit hdfc credit card reward points catalogue 2013 best balance transfer credit card india do you need a credit card for paypal on ebay report credit card fraud visa ipad credit card apple id visa gift card canada phone number lowest interest credit card in canada car loan interest rate calculator bad credit using company credit card personal use visa cards canada post orchard bank check status credit card application hsbc credit card application declined track halifax credit card application compare citibank credit cards at&t wireless credit card machine gnc gold card week apply for prepaid mastercard canada amazon credit card further review virgin prepaid credit card cannot pay paypal credit card tesco credit card ppi how do i report a lost wells fargo credit card credit card transfer fee apple id credit card declined christian credit card debt relief programs commonwealth bank american express credit card travel insurance credit cards for small business with bad credit bp gas credit card balance get online loan apply for credit card visa s&p credit rating best small business cash rewards credit card what is a good cash back credit card amex credit card merchant fees best travel reward credit card 2011 mastercard securecode bad credit loans online approval post office credit card balance transfer existing customers ann taylor credit card free shipping easy credit card to get with bad credit hdfc credit cards payment gateway city national bank credit card login get free prepaid credit card online how long after graduation to pay student loans pay first premier credit card canada low interest credit cards balance transfer personal bad credit loans online credit card for bad credit no deposit instant approval credit cards for business with fair credit citibank credit card cash advance charges understanding credit and credit cards best credit cards no interest 12 months credit card transfer offers how does credit card interest work malaysia go compare the market credit cards british airways amex credit card login credit card reader for small business uk how do i accept credit cards online best secured credit cards with no annual fee visa credit card services contact pay hdfc credit card bill online through hdfc net banking free prepaid business credit cards td canada trust credit card phone numbers best secured credit cards usaa singapore credit cards comparison 2011 standard chartered online credit card payment pakistan activate my virgin credit card virgin atlantic american express mbna credit card login visa prepaid credit card ireland td canada trust visa card login apply for chase british airways credit card business credit cards for poor credit hsbc classic credit card limit wells fargo credit card cash advance limit where to buy prepaid visa cards in toronto bankamericard cash rewards platinum plus visa secured credit card online loan application south africa td canada credit card comparison credit card for bad credit with no security deposit next payday advance reviews prepaid credit card no transaction fee icici coral credit card movie offer credit cards 0 interest on balance transfers best credit cards reviews compare secured credit cards after bankruptcy canada how do interest free credit cards work credit score needed for a sears credit card approval hdfc corporate credit cards india orchard bank secured credit card limit is there a chase student credit card how to check icici credit card reward points pay monthly loans unemployed how do i sign up for apple id without a credit card approved macy;s credit card review top cashback credit cards 2013 get a credit card today ireland credit cards with bad credit or no credit no transfer fee credit cards 0 interest credit card 5000 spending limit facts about credit and credit cards best online credit card merchant services hsbc credit card travel insurance gas station credit cards for fair credit
Home Maury Brown MLB Postseason Clubs Make Extas Money At the Gate, But Depends on Length of Series

Like Shoot to Thrill - An AC/DC Tribute on Facebook!

An authentic tribute of AC/DC that covers the best of the Bon Scott era and the best of Brian Johnson's material

Who's Online?

We have 537 guests online

Atom RSS

MLB Postseason Clubs Make Extas Money At the Gate, But Depends on Length of Series PDF Print E-mail
User Rating: / 12
PoorBest 
Written by Maury Brown   
Thursday, 20 October 2011 08:50

This article is an update from a Biz of Baseball article that ran in Sept of 2010

When financial documents for several MLB clubs were leaked to Deadspin last year, two pieces of information that were a source of curiosity for many fans was somewhat revealed. With the Rays and Angels documents showing how much the respective clubs made in the postseason, a window was opened into how much extra revenues a club can make by reaching the postseason.

But, from that point, little detail was provided. A postseason revenue figure does not cover how MLB’s rules dictate how much a club can pull in.

With the 2011 postseason here, discussions around clubs that are reaching that goal are surfacing in the media. Last year, when the Minnesota Twins made the postseason, John Vomhof Jr. of the Minneapolis/St. Paul Business Journal contacted me to discuss postseason revenues for the club (see Playoffs add millions to Twins’ lucrative season). As reported:

The Angels reported $12.1 million in revenue from hosting five first- and second-round playoff games in 2009 and nearly $4.4 million for hosting two first-round games in 2008, according to the reports published by Deadspin.com.

The Rays made almost $17.7 million in revenue on the six postseason games they hosted in 2008. Having two home games in the World Series helped boost those results.

The Twins might not be able to expect as much revenue from early-round games as the Angels made last year, but they should be able to surpass the Rays’ results, said Maury Brown, founder and president of the Business of Sports Network, which includes the Biz of Baseball website.

“It’s in the millions of dollars,” Brown said of the financial impact the Twins will receive from making the playoffs this year. “And depending on how far they go, it could be upwards of $10 million.”

Vomhof does a good job of digesting the key aspects of MLB’s Rules document, that details how the revenues are to be split between players and the clubs that make the postseason. The logic, however, is simple: the further you go into the posteason, and the more games you host, the more revenues a club can make.

To begin with, one needs to understand that with the postseason, clubs actually lose seating capacity. How? Here’s the demands placed on clubs making the postseason to provide ticket and seating. And remember… this doesn’t cover the seats chewed up by overflow media seating considerations which can many times go into the hundreds over what a normal regular season game demands.

(e) TICKET PRIORITIES. The order in which requests for reserved seat tickets for the World Series shall be filed is as follows:

(1) Visiting Club. Five hundred reserved seat tickets for each game to the visiting club, for accommodations of its officials and guests, the same to be paid for by the visiting Club.

(2) Players. Five tickets for each eligible player of the visiting team, which shall be delivered to and paid for by each player through the business manager of the player's Club.

(3) Commissioner's Office and Club Officials. Requests filed by the Commissioner's Office and Major League Club officials or parties of prominence with the Commissioner.

(4) Major League Clubs. Major League Clubs (other than the visiting Club), 100 reserved seat tickets, 16 of which shall be box seats. Eight of the 16 box seats shall be grouped together in the lower deck between first and third base, and 20 of the remaining 84 reserved seats shall be so situated.

DIVISION OF POST-SEASON RECEIPTS

The gate receipts from the World Series, from the first four games of each League Championship Series, and from the first three games of each Division Series (which shall be remitted by the participating Clubs to the Office of the Commissioner within 24 hours after the completion of each game) shall be divided as follows:

(a) COMMISSIONER. Fifteen percent from all World Series games shall be paid to the Office of the Commissioner. A percentage set annually by the Commissioner, and approved by the Major League Executive Council, in accordance with Rule 26(b) (Assessment of Paid Attendance Receipts), from all League Championship Series games shall be paid to the Office of the Commissioner.

(b) PLAYERS.

(1) Creation of Pool. One players' pool shall be created from the World Series, the two League Championship Series and the four Division Series. Contributions shall be made into the pool as follows:

(A) Sixty percent of the total gate receipts from the first four World Series games;

(B) Sixty percent of the total gate receipts from the first four games of each League Championship Series; and

(C) Sixty percent of the total gate receipts from the first three games of each Division Series.

So, as the rules show, a sizeable chunk of revenues for the clubs that make the postseason get lopped off the top before owners get their cut. You’ll note that the owners don’t get to reap the full benefits of the playoffs unless a game goes past deciding games. The reason for the players getting the large percentage is to keep them from throwing games.

The slicing a dicing of the revenues gets detailed further:

CLUBS—COMMISSIONER'S OFFICE.

(1) World Series. After the fifteen percent payable to the Office of the Commissioner and the sixty percent which forms the players' pool in the first four games of the World Series, as required by Rule 45(b)(1)(A), the balance of the gate receipts shall be equally divided between the two participating Major League Clubs.

(2) League Championship Series.

(A) After the percentage payable to the Commissioner's Office pursuant to Rule 45(a) and the sixty percent which forms the players' pool in the first four League Championship Series games in each League, as required by Rule 45(b)(1)(B), the balance of the gate receipts from said four League Championship Series games of a League shall be equally divided between the two Clubs participating in the League Championship Series of that League.

(B) If the League Championship Series games in a League shall exceed four, the gate receipts of such playoff games in excess of four shall be divided as follows: first, the Commissioner's Office shall be paid the percentage described in Rule 45(a), and then the remaining receipts shall be equally divided between the two Clubs participating in the League Championship Series of that League.

(3) Division Series.

(A) After the percentage payable to the Commissioner's Office pursuant to Rule 45(a) and the sixty percent which forms the players' pool in the first three Division Series games in each Division Series, as required by Rule 45(b)(1)(B), the balance of the gate receipts from said three Division Series games in each Division Series shall be equally divided between the two Clubs participating in such Division Series.

(B) If the games in a Division Series shall exceed three, the gate receipts of such playoff games in excess of three shall be divided as follows: first, the Commissioner's Office shall be paid the percentage described in Rule 45(a), and then the remaining receipts shall be equally divided between the two Clubs participating in such Division Series.

So, the one true benefactor that cannot fail to receive gate revenues to the maximum extent is the Commissioner’s Office, who gets their percentage ahead of all others. The players are next, and then any deciding games after the series minimum is reached, those revenues are split equally.

So, in the sense that there is pure parity when it comes to gate receipts. If the Pirates and Yankees were to make a World Series, the Pirates would get the same cut as the Yankees, even if for some reason the Pirates weren’t to pull in the same amount of gate revenues as the Yankees were to. Of course, there revenues from parking, suites, concessions, etc. that are outside the gate that increases a club's bottom line for every game in the postseason, but the gate -- the revenue stream that most everyone focuses on -- is a moving target based on how a series goes.

So, for owners, there is money to be made even if your club were to get swept in a given postseason series, but they reap even greater rewards if a series goes beyond the minimum, not just because of the extra games, but because the two teams get 100% of the gate after the Commissioner's Office takes their slice off the top.

And we’re just talked the direct revenues for the postseason. Clubs that reach the playoffs get a slingshot effect into the following season in the form of increased season ticket and suite sales due to a good showing in the standings. Everyone loves a winner, and the belief that a team that is in the playoffs one year, should be a contender the next. An owner, his GM, and staff can always hope.


Maury BrownMaury Brown is the Founder and President of the Business of Sports Network, which includes The Biz of Baseball, The Biz of Football, The Biz of Basketball and The Biz of Hockey, and is a contributor to Forbes SportsMoney blog.. He is available as a freelance writer. Brown's full bio is here. He looks forward to your comments via email and can be contacted through the Business of Sports Network (select his name in the dropdown provided).

Follow Maury Brown on Twitter Twitter

Follow The Biz of Baseball on TwitterTwitter

FacebookFollow the Business of Sports Network on Facebook

 
 
Banner

Poll

Should MLB Force Jeffery Loria to Sell the Marlins?