65 Quotes by Marc Ganis
- Author Marc Ganis
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When you're adding those extra 5,000 seats, you have to build more ramps, more bathrooms, more plumbing, and it gets very expensive to build those extra seats. The number of times you sell the last 4,000 to 5,000 seats and the fact that they're going to be the less expensive seats, does not offset the cost of operating a larger facility.
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The primary reason you're seeing more self funding is that the easy deals with the local governments are pretty much done. We don't have local government budget surpluses any more. It takes more creative financing.
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When was the last time somebody cheered for T-bill interest rates? But you cheer when your team is on the court, so there is a lot to be said for the psychic value of owning a sports team.
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Many of the revenues and expenses associated with the new stadium are unshared and are the single largest factor in determining the difference in revenues between the clubs.
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On a marketing level it's been a real drawback for the NBA to have all these freshmen and high school players in the league.
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Now that you have a new owner and effectively a whole new philosophy behind the team, this could be a way to adopt a new identity.
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One of the greatest complaints about the cable industry is that they use the fact that they control the pipe to control what gets on. There are a lot of people who feel that's unfair.
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I'd be surprised if he did. Reggie Bush has the potential to become the most significant endorser in the universe of football players. But top-flight basketball players as a general rule are more sought-after.
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Based on these numbers, the Jets and Giants would be among the top three or four most profitable clubs in the National Football League.
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