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If there are waiting lists in the NFL for the next few years or decades for season tickets then why dont the NFL have at least NCAA college sized stadiums like Penn St, Tenn or Michigan which hold over 100,000 or like South Carolina which holds over 80,000?
There is a point at which marginal revenue is equal to marginal cost. It is at this point you are maximizing profit; which is the point most NFL teams are at by keeping stadium sizes "smaller." If you continue selling tickets beyond that, your revenue increases, but so do your costs and your profit shrinks.
In layman's terms, it is so NFL teams can line their pockets with green. It is the same thing in MLB; most new stadiums in MLB built since 1993 have a smaller capacity than the stadium it replaced for the same reason, though the demand is not near as high for MLB tickets in general.
There is a point at which marginal revenue is equal to marginal cost. It is at this point you are maximizing profit; which is the point most NFL teams are at by keeping stadium sizes "smaller." If you continue selling tickets beyond that, your revenue increases, but so do your costs and your profit shrinks.
In layman's terms, it is so NFL teams can line their pockets with green. It is the same thing in MLB; most new stadiums in MLB built since 1993 have a smaller capacity than the stadium it replaced for the same reason, though the demand is not near as high for MLB tickets in general.
Thanks, I was wondering why some of the new MLB parks were built a little smaller.
Supply and demand. You can command higher prices for fewer seats.
Also the NFL works in cycles. The Patriots for exapmle have been very good this decade and a little of the 90's, but prior to that they were not very good. If they built a 100,000 seat stadium they would fill it now, but what happens when they are an 7-9 team or a 6-10 team? Locals would never see a game on TV because they would all be blacked out due to sales. There are more factors to it than just adding more seats.
Supply and demand. You can command higher prices for fewer seats.
Also the NFL works in cycles. The Patriots for exapmle have been very good this decade and a little of the 90's, but prior to that they were not very good. If they built a 100,000 seat stadium they would fill it now, but what happens when they are an 7-9 team or a 6-10 team? Locals would never see a game on TV because they would all be blacked out due to sales. There are more factors to it than just adding more seats.
An interesting point. So would you say college football fans are more loyal to their team than pro fans? Michigan sucked last year but still had a solid turn out to every home game. I'm not trying to come off as talking smack here, I just think it's something to discuss.
An interesting point. So would you say college football fans are more loyal to their team than pro fans? Michigan sucked last year but still had a solid turn out to every home game. I'm not trying to come off as talking smack here, I just think it's something to discuss.
Michigan is a special case. There are a select few college football programs that can bring in huge crowds when they are 3-9. Most college programs would have a lot of fans disguised as empty seats near the end of a 3-9 season.
Exactly, also keep in mind that the boosters for these college teams drop a TON of money into these programs. I have seen with my own eyes a booster for a college team in florida drop 9000 dollars on tickets to complete a sell out. Only to give away the tickets to every tom d!ck and harry so people would go. No one is doing that for an NFL team. Som places like Michigan and Nebraska are College football shrines basically. They locals live and breath it.
Michigan is a special case. There are a select few college football programs that can bring in huge crowds when they are 3-9. Most college programs would have a lot of fans disguised as empty seats near the end of a 3-9 season.
Great point, I can remember when they Packers sucked, just a few years ago, and we sold out every home game.
I brought up this question cause when some college teams have good attendance they usually keep adding seats, like BYU and Kentucky and several others.
Colleges also tend to have bleacher seating. You can't fit near the amount of regular seats in the same sized area.
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