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<blockquote data-quote="Up In Smoke" data-source="post: 4614651" data-attributes="member: 79702"><p>Professional sports are funded through TV contracts, revenue sharing guarantees small market clubs can make be profitable. TV makes money through advertising dollars not viewership numbers. Every time you swipe your card, drive your car or eat that meal, you are funding professional sports. Sold out stadiums are a secondary income source, but not needed to survive. The Tampa Bay Rays were purchased for 200 million in 2004 and are now worth 1.1 billion, nearly 600% return on investment (40% yearly). They have averaged less than 15,000 per game in attendance.</p></blockquote><p></p>
[QUOTE="Up In Smoke, post: 4614651, member: 79702"] Professional sports are funded through TV contracts, revenue sharing guarantees small market clubs can make be profitable. TV makes money through advertising dollars not viewership numbers. Every time you swipe your card, drive your car or eat that meal, you are funding professional sports. Sold out stadiums are a secondary income source, but not needed to survive. The Tampa Bay Rays were purchased for 200 million in 2004 and are now worth 1.1 billion, nearly 600% return on investment (40% yearly). They have averaged less than 15,000 per game in attendance. [/QUOTE]
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