-EG> Greg was hit by a Randy Johnson fastball for uttering:
-EG> GC> Now they do receive a lot of revenue from luxury boxes.
-EG> Not Texas Ranger revenue ($10+ mil) but decent ($7+ mil).
-EG> BTW, I *did* finally get in the figures from Financial
-EG> World and while Boston made $10.4 mil more in revenue last
-EG> year, they went from $16.7 mil to $16.4 mil in *profit*
-EG> because of increased expenses.
-EG> GC> Both the Celtics and Bruins organizations are scared now-
-EG> I don't think that the Celtics are *as* scared because
-EG> Pitino will make a difference.
They HAVE to be scared - when you buy a luxury box at the Fleet Center (Fleet
is a local bank, not the other product) you buy it
for all events, not just Celtics games. Furthermore, the business
justification for having a luxury suite is declining. While a
big high-roller middle-age male corporate executive might be
impressed with champagne dining at the Fleet Center, a look at
the Celtics, and a few lines of nose candy, it isn't going to make
too much of an impression on the 30-year-old female junior exec
with a Harvard MBA. There are more people like the latter entering
the business force today.
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