- Apr 19, 2013
- Seattle, Washington
- Hoopla Cash
- $ 1,000.00
B. I don't think the Kraken will result in some sort of cash cow for the Mariners. I was just pointing out that any competition they may pose the Mariners in terms of revenue could be offset by Root Sports having the right to broadcast those games.Lol well A. We agreed upon so skip.
B. Does the Kraken signing with Root means they won’t run into conflict with each other because scheduling I thought was a league issue? I am not saying the tv deal isn’t good for the Mariners at all and the economics may be well over my head. It just doesn’t seem like the revenue that the Kraken will be some cash cow. The gate part of it, IMO isn’t really an issue. Just my personal opinion, that Mariners aren’t really caring about the average person that will attend a Kraken game, but they definitely are vying for those who will go to a Sonics game.
C. Yeah, housing is ridiculous. Covid somehow made the housing market out in “rural” Pierce County higher. I was just putting two and two together because of working remotely and there are a lot more dudes I am seeing around the neighborhoods now than pre Covid. My only point of the definition of suburbs my area or even a little further Bonney Lake do not have real access to mass transit which obviously conflicts with attending sporting events and with the Mariners losing equity in their fan base and not really gaining new ones, when it comes to even the affluent they are IMO going to choose to take their kids to the shiny new toys in hockey and the NBA.
With the housing I totally agree. We signed off on a lot a few years back for $280k, the county finally released that subdivision to start building and the company was selling it for 400k. But we didn’t put my money down on the lot so we’re SOL. We were at an apartment unit when this whole thing went down and one of our neighbors put 180k for a lot but put 5k down to actually own it. Nuts because there is no real amenities out there besides a view. Still have to drive however many miles just to go grocery shopping or get gas.
I get from a novice financial standpoint seeing that you shouldn’t put money into them. My issue is these are successful businessmen who made all of their money realizes you had to invest back into your business or product to make more money in the future. I understand Covid has caused issues with revenue in sports, but going cheap because you aren’t going to gross 200 million or whatever it is isn’t going to give goodwill to the public and like I said, I a couple of shiny new toys are coming up (well the Kraken officially) that are doing a great job PR wise. Jesus, I get that Russell Wilson is a topic right now but local sports are spending more time on Wilson/Seahawks, the Kraken, the potential of the Sonics and in then giving 1 percent to anything Mariners.
Baseball does have an issue and has been at a crossroads for awhile and won’t acknowledge it. 1. The game has become boring with its players. Every year we have an incident where the older players or baseball purists say baseball is X, Y and Z. Though they ignore baseball’s entire history. Rickey Henderson was more “disrespectful” with his lead off home runs than any modern player just as one example. 2. America’s issue with the broken family. This is going to sound sexist as hell and I don’t give two cents. It is the exception to rule when a mother can get a boy or hell even a girl to invest in a sport like baseball. Baseball is a sport you learn from a dad, a brother, an uncle, grandpa or a substitute father role person because you can socially bond with that person during puberty. I have no idea how baseball can become cool with that segment but it is going to always have an uphill battle when basketball and football players have current and former players going at it about issues like Favre going after Watson. Modern day baseball players act like cowards when getting called out by former players and media for their actions compared to the NFL and NBA.
C. The reason why COVID made the housing market ridiculous even in "rural" Pierce County makes a lot of sense to me personally for a lot of reasons. A lot of people who are employed in Seattle had to reside within a reasonable commuting distance. Now a lot of people who work those jobs in Seattle have the opportunity to work remotely. Partially fueled by historically low mortgage rates, people have been looking to purchase a home and homes within 15 miles of Seattle are vastly overpriced relative to median household income in the area.
As someone who works in downtown Seattle I can speak personally to this. I can afford to purchase a condo in Seattle or Bellevue, but once you add in the insane HOA dues most condos charge, it makes more sense to purchase a home. For example a $400,000 condo is going to charge around $500 in HOA dues a month. That's $180,0000 over the course of a 30 year mortgage, so I would be effectively paying $580,000 over 30 years minus interest, taxes, etc. If I can work remotely it makes more sense to purchase a home outside of the city for $580,000 as opposed to buying a condo for $400,000. Why pay the premium to be in the city when relocating makes more sense? I think a lot of people are in this type of situation and determining they're better off purchasing a home in a more rural location.
What you're saying regarding the finances of it makes perfect sense, but I guess another way of putting it is that ownership doesn't give a shit about team performance or PR, they care about maximizing profits with minimal risk. Ownership isn't stupid and they know that putting more money into the team will increase revenue, but if I had to speculate their plan is to see if our farm system pans out in cheap young players before they put more money into the team. I think they look back at some of the free agency splashes that have been made the last few decades and see that hasn't resulted in a winning team and as a result are not willing to spend unless they know it'll actually make a difference.
The second point you brought up in your last paragraph is actually a really interesting point I never thought about. I don't think it's sexist and I think you're right. Some of my best memories with my father were just playing catch talking about the Mariners with Dave Neihaus broadcasting the game on the radio while we chatted.