Will the MLB lockout affect fans’ spending habits?

According to a poll, fans will spend less money on baseball thanks to locking doors.

According to a poll, fans will spend less money on baseball thanks to locking doors.
Image: beautiful pictures

With Opening Day slated for April 7, Major League Baseball fans are excited to see their favorite players hit the field once again. However, that doesn’t mean fans have forgotten about the lockdown that threatens to cancel much of the 2022 season. Fans have been left alone for more than three months as players and owners financial disputes. It leaves a sour taste in the mouths of many fans. According to a survey conducted by FinanceBuzz Out of more than 1200 MLB fans including all 30 teams, most MLB teams are expected to see a sharp drop in revenue in 2022.

According to the survey, about 62.5% of fans mainly blamed MLB owners for the door lockout, compared to just 4.5% of fans blaming the players. What’s the best way to get the owner back for creating so much unnecessary stress? Don’t put money in their pocket. Forty-three percent of fans surveyed claimed they would spend less money on their favorite teams this season. While that may not seem like a huge number and might be overstated by the recent trend of fans responding to surveys, it’s a staggering number when compared to the number of fans. Grave actually plans to spend more – just two percent.

While most of the money earned by football clubs in the Major League comes from television deals, ticket and merchandise sales play a large part in a team’s total revenue. Here is a list of all the teams where at least 20% of fans surveyed said they would be willing to spend more money on their favorite team in 2022:

  • Atlanta Braves (20 percent)
  • Pittsburgh Pirates (22.58 percent)
  • San Francisco Giants (24 percent)

That’s all of them.

Now, here’s a list of all the teams where at least 40% of fans surveyed said they’ll be spending less than usual on their favorite team this season:

  • Arizona Diamondbacks (68 percent)
  • Cincinnati Reds (42.55 percent)
  • Colorado Rockies (40.74 percent)
  • Los Angeles Angels (48.39 percent)
  • Los Angeles Dodgers (43.76 percent)
  • New York Yankees (44.3 percent)
  • Oakland Athletics (56.41 percent)
  • Pittsburgh Pirates (41.93 percent)
  • San Diego Padres (41.94%)
  • San Francisco Giants (52 percent)
  • Seattle Mariners (42.1 percent)
  • St. Louis Cardinals (40 percent)
  • Citizens of Washington (44.44 percent)

The number of fans on the teams is double and quadruple. What’s even worse is that while these numbers probably won’t have a big impact on the big market teams, rather the small market teams that don’t make a lot of money from their TV deals. That being said, the federation has made two new TV rights deals this year. Based on Craig Goldstein belong to Baseball prospectuseach team will receive at least 60 million dollars TV revenue by 2028plus any of their local TV deals are up for grabs.

While that theoretically means smaller market groups should spend more, we haven’t seen any indication that’s actually happening since the end of the lockdown. Plus, if fan revenue plummets, as the survey numbers show, even with more money coming from national TV deals, there will be less competition for TV shows. small market teams.

Competitive balancing has long been an issue in Major League Baseball. While the players absolutely deserve every penny of their contracts and owners pay more to get better players, this survey indicates that, at least in 2022, Major League Baseball balances could hit an all-time low, and that’s going to disappoint some fans before we’re halfway through the season.

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