Quote:
Originally Posted by Raidergoo
The simplest way to model an economic downturn would be to reduce average attendance, reduce merchandising revenue, reduce media revenue, and reduce average ticket prices, but nothing else.
Fewer people will come to the park, spend less money while there, but your costs will be the same.
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To post something on topic. This is the best idea in this thread for how to model the current state of the economy.
However I would venture to say that the state of the economy has not had a impact on baseball as of yet and it will be some months before data comes in suggesting that it will even have a effect at all.
We have been in a recession for going on 12-18 months now (depending on the source and definition of a recession) and MLB in 2008 postings either its #1 or #2 most revenue in it's history. $6.6 billion
Now that the general public
knows that we are in a recession might impact baseball.
But we will have to wait and see.
But to go back to my original point, Raidergoo has the best ideas in this thread