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By: Rocky Xie

By: Rocky Xie. Player and Salaries. Revenue of Sold Home Game. Heinz Field has a capacity of 65,050 seats and 1,500 seats in 129 luxury boxes. Average price is $109.47 “ As of 2008, the Pittsburgh Steelers have sold out every home game since the 1972 season ”

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By: Rocky Xie

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  1. By: Rocky Xie

  2. Player and Salaries

  3. Revenue of Sold Home Game • Heinz Field has a capacity of 65,050 seats and 1,500 seats in 129 luxury boxes. • Average price is $109.47 • “As of 2008, the Pittsburgh Steelers have sold out every home game since the 1972 season” • Total of 66,550 seats with an average price of $ 109.47. So a sold out home game would make them $7.3 Million /game • 16 games per season and half of which are Home games which means every season Heinz Field will make $58.4 Million

  4. Conclusion • The annual salary of all the players are 90 Million • The annual ticket sales are 58.4 Million • This means that the Pittsburgh Steelers lose around 31.6 Million/year.

  5. Factors that would affect a Business • Positive: • Economy “boom” • Lowered taxes • High demands in products or services • Competitors are going down • Main competitor went out of business • Negative: • Rise in tax • Economy collapse • Change in Trade policy • Competitors are doing better • Reinvasion

  6. How a Sport Team Can Lose Money • When you buy some player in for too much and all your player’s salaries are really high you will eventually lose money. Because the amount of tickets can not supply you with enough money you will soon lose all the money. Basically if your player’s salary is greater than your ticket revenue plus sponsorship then you team will lose money.

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