Here at the Clarion Content we have been trumpeting the Yankees difficulties selling expensive tickets and luxury boxes. With the economy shedding jobs and the perception of tough times all over, it is no suprise to us that baseball is going to take a big hit in revenue this year. Commissioner and dimwit Bud Selig claimed in the LA Times, "I used to think we were recession-proof. I really did."
Not a very intelligent plan, Mr. Commissioner, but sounds kinda like a former Texas Rangers owner's philosophy of prior planning and forethought. "If I believe hard enough that it won't happen, it won't happen." As in, "I know what I'll do, I just close my eyes and make a wish." The Commissioner has finally woken up, and admitted that his offices advised franchises to plan for three scenarios: attendance about the same as season, a 10% drop in attendance scenario and a 20% drop scenario.
The Clarion Content thinks certain areas in the Midwest could face (much) steeper declines than that, can you say Detroit! Possibly Cleveland? Cincinnati?
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Bill Simmons reports that the Detroit Tigers' season ticket base has gone from 27,000 in 2008 to 15,000 in 2009. That is the kind of drop I'm talking about, a 44% drop!
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