Need Help With Attendance / Losing Money
Posted: Fri Nov 23, 2007 2:25 am
I am having trouble filling the seats in my arena. I am a team in the middle of the pack in my league, so I assume it's an issue with ticket pricing.
Here is what I have my ticket prices set as:
Level 1: 100
Level 2: 60
Level 3: 35
Level 4: 20
Luxury Box: 200
I am losing money, and fast. I plan to do a salary dump and get rid of some salary, but I think I need to do more than that.
Here are my current finances:
Income
Home Games Left 35
Average Attendance - % 14,303 - 76.53%
Average Income $1,094,851
Estimated Revenue $38,319,768
Expense
Pro Payroll $59,214,200
Farm Payroll $1,053,250
Coach Payroll $375,000
Games Remaining 72
Expenses Per Game $777,467
Estimated Season Expenses $55,977,624
Current Funds $42,858,167
Projected Bank Account $25,200,311
Does anyone have any suggestions?
Here is what I have my ticket prices set as:
Level 1: 100
Level 2: 60
Level 3: 35
Level 4: 20
Luxury Box: 200
I am losing money, and fast. I plan to do a salary dump and get rid of some salary, but I think I need to do more than that.
Here are my current finances:
Income
Home Games Left 35
Average Attendance - % 14,303 - 76.53%
Average Income $1,094,851
Estimated Revenue $38,319,768
Expense
Pro Payroll $59,214,200
Farm Payroll $1,053,250
Coach Payroll $375,000
Games Remaining 72
Expenses Per Game $777,467
Estimated Season Expenses $55,977,624
Current Funds $42,858,167
Projected Bank Account $25,200,311
Does anyone have any suggestions?