The NFL Team That Loses the Most Money on Empty Seats

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By Douglas A. McIntyre Published
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The NFL Team That Loses the Most Money on Empty Seats

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NFL teams have several sources of money. Among the national sources are TV contracts. Among the local sources are ticket sales.

The typical NFL team brings in 60% of its local revenue from ticket sales. This figure has two primary factors. One is the price of tickets, and the other is the percentage of seats that are sold for each game.

The spread among ticket prices is wide. In the upcoming NFL season, the ticket price for the game between the Green Bay Packers and New York Giants on October 9 has hit a high price of $3,780. At the low end, the game between the Indianapolis Colts and New England Patriots on November 6 has a low ticket price of $212. This low price is still relatively expensive. It means a family of four will pay over $1,000 to attend the game, when parking and concessions are included.

Sports betting platform OLBG looked at the cost of unsold tickets by team. It multiplied ticket prices by unsold tickets. It then compared that to the sum the team would have received if all its seats were filled each game. The data covered ticket sales over the past decade.
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The team that has lost the most money on empty seats per game is the Los Angeles Chargers at just above $3 million per game. The LA team was followed by the Washington Football Club at $2.9 million and the Las Vegas Raiders at $1.9 million. The average number of vacant seats for Washington was 18,390, the worst among all teams. The second worst was the Los Vegas Raiders at 15,157.
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It is hard to tell the factors that go into seat sales. One is probably the win-loss record of the team over recent years. However, games for the New York Giants are usually sold out, though the Giants are perennial losers. However, it is in the largest metro in America.
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Another factor may be ticket prices. It can cost a family of four as much as $2,000 to attend a game.

The only conclusion one can draw from the study is that if teams could increase seat sales, they could add tens of millions of dollars in revenue over the course of a season.

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About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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