The Real Games Not On The Field!
The title is from a CD I released in 2003, it takes you inside the business of minor league sports beyond the field of play. I get questions all the time about the business of minor league sports,a second edition online version will be released soon. This shortend informational educational content today will take any one that wondered just how teams operate behind the on field product. First ownership this used to be driven by ego most owners simply wanted to proclaim they owned a team. But that is a past tense era,today teams are an investment. Minor league baseball teams are worth around one most recent team $30 million those prices are connected to affiliated teams with the parent team paying the bills. Teams start around $250 thousand and climb from there. Independent baseball teams lose around $1 million per season, and it cost about that much to join the league,players are sold (contract) to affiliated teams average price $25,000 that is the hope independent teams owners endure as a trade off and those are single A teams with players averaging age wise mid 20s. today the real asset is a stadium owned by the club, thats right even minor league teams get in on this welfare haven, now the math of owning such a team makes no sense you are correct, even owning a minor lower level hockey team unless you can get in on the revenue of concession and parking is a loser, I have a associate who is today still an investment banker who was losing well over $1 plus million per season on his hockey team, he eventually folded it. The business of minor league sports attempts to work off the same principal of major league sports, which is driven by TV money. You simply need to average around 6,000 fanbase in the stadium, most minor league baseball and hockey players work off season and save for the season, as to put them in position to concentrate on playing the sport in hopes of getting picked up.But today a better model has emerged in academy minor league teams, the overhead is lower hockey has such a model, and I use such a model. The first edition of the Real Games Not On The Field discussed how to get on TV and how to generate revenue from it, this update edition will cover how to use the new landscape of online media to generate revenue. And the marketplace from soccer thru inoor football, my group met with a group of former NFL players in late 2016 to present a concept that not only operated at set $250 thousand with prospect pro ready talent, agents also attended and looked at the concept, based upon younger talent than what is currently being produced weekly. Minor league sports is a cottage industry, but there are millions of dollars being spent each year by investors carefully counting and searching for ways to increase their bottomline. G League basketball teams were originally launched independent of NBA association, to prove the concept was needed and viable today every NBA team has a development team. And finally salaries that can be around $500 up to $1,200 per month there was just a court case pertaining to baseball players being independent contractors at the lower levels, ruling against players.
Will Williams
The Sports Gig
Managing director of Alliance Vision Education centre (Organization that supports orphans and Vulnerable children)
5 年Thanks for such a well reached Article i concur with you