31. Someone asked, mostly in jest, if Lemieux, still a part-owner, would favor revenue-sharing of gate receipts. 32. Teams keep the gate receipts, meaning the league must generate revenues in other ways. 33. That leaves teams like the Red Sox to make most of its revenue in postseason from the residual gate receipts and concessions. 34. That was in the days before television revenues, when owners lived and died by gate receipts. 35. That included not only a sharp jump in gate receipts, but a near-tripling in revenue from merchandising, including sales of replica team jerseys. 36. The deal also gives the investment group gate receipts and ad revenues from billboards surrounding the field. 37. The difference is in how much money they can generate beyond the regular gate receipts. 38. The Garden, as well as Don King Productions, the promoters, will not collect the gate receipts and concession revenues they were going to share. 39. The higher gate receipts, in turn, keep the Matadors competitive, and solvent. |
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