Share This Post
Related Posts
Follow TiqIQ
Tags
Lakers and Knicks Fans Would Lose Most in NBA Lockout
With the distinct possibility of a prolonged NBA Lockout, we decided to look at the economic implications of both a full and a half season of lost ticket sales, for each team and the league overall. To do this, we used the below calculation:
X
2) Average attendance for each team: 14,179-21,791
X
3) Percentage of tickets sold in the secondary market for each game: 10%.
X
4) Full season strike (41 games lost) or partial season strike (16 home games lost).
After running the math, it is no surprise to see the biggest markets would be affected the most. The list is below. For a Google docs version of the data, click here.
As for the league-wide impact, for a full season, NBA teams would collectively lose $184 million. This compares to the $340 million loss that NFL would have had in the event of a full season lockout. With the NFL, though, there was always a sense that we were witnessing a negotiation, bound to end in resolution. With the NBA, the feeling is different. We’re obviously pulling as hard as anyone for the full 81 games, but are sad to admit that a 50 game season–and a mere loss of $74.5 million–would be a big win.
Ryne, I really like how you potined out how the lockouts are effecting other people. The sports lockout can effect everyone in some shape and form and it is all because people decided to not doing anything until they received more money. It is annoying, really. Some people look at the lockouts as not a big deal because they say that they don’t care about sports, but the fact that you brought up that is effects the entire economy should make them care. Whether people are sports fans or not, the cash flow into our economy is taking a hit because sports are a big part of this country and a good deal of money can be made from them.The big deal to be made here is the effect on the economy and how it is not about the sports. Some people refuse to look at that side of this issue because they aren’t paying attention to the real deal and in attempt to not deal with it, they make excuses about how they don’t care about sports.I would personally add more about how it effects the economy. You mentioned that it effected it at the end but left it at that and didn’t give any specifics. To get people to really care and actually know about this problem, they need to know more information about it. While the people who made this issue happen in the first place were just being greedy and annoying, the issue goes much deeper than that and I feel that you should really address that more.