Quote:
Originally Posted by AdamSchwartz
The Olympics can be a net positive for the Islanders in the way that I explained and it can also be financially good for them that JT's salary will be paid by insurance for the rest of the year.
The Isles bumped up their average ticket price to $150 this season, double that of last year's. I know I've been cautioned in the past over using average attendance figures, but for argument's sake, the Isles are drawing ~15k per home game at Nassau this season. That's $2.25M in gate revenue per game, without even touching incremental concession & merchandise revenues.
With 11 home games left, the season effectively over and their marquee superstar out of the lineup, I think there's a strong hypothetical argument to be made that the potential hit to gameday revenues will appreciably surpass the compensation Wang receives for the remainder of Tavares' prorated $5M salary (which, correct me if I'm wrong, would sit around $730k left or so?).
In any case, as hyperbolic as the argument might be...there's a valid concern being made. I agree with T that the ancillary benefits from participation in the Olympics are difficult to measure, even after the near two decade sample size we're working with. The league has obviously seen excellent growth in HRR over this time span, but correlation does not imply causation and I'm not sure how much the Olympic participation has driven this progress, at least relative to other pertinent factors.