Welcome Guest

I was just about to educate Phrejd (and others) yesterday

Posted on: February 20, 2025 at 13:09:12 CT
JG MU
Posts:
256868
Member For:
21.65 yrs
Level:
User
M.O.B. Votes:
134
when I was so rudely (and typically interrupted)

so here was my reply to his request that I do so. A little bit of economics (and math) for the ignorant:


Let's say a man takes his wife and two kids to Indianapolis to watch Caitlin Clark. He arrives into town and fills up his tank so he can drive home after the game. That's 40 bucks. He takes his family to a mid priced family restaurant before the game- that's 100 bucks with tip. Tickets to the game @ 234 bucks a ticket = 936 bucks.
Sodas at the game = (I dunno but) 24 bucks. The kids want Clark Jerseys (please dad please) 195 bucks for two.

That's 1295 bucks (the loan he took out in Columbus for this family night -via his credit card is not credited
to Indianapolis). Now multiply that by the standard economic spread of a dollar spent.  It used to be considered 7.This article claims its only 1.54http://www.ihl.state.ms.us/urc/downloads/articles/EconomicImpactMultiplierIsNotSeven-June2007.pdf Personally I find the 1.54 suspect, but let's use that figure. 
That is  1944 bucks brought into the Indianapolis economy. Now it  takes17,552 additional families or 70,208 people  to reach 35 million. That's 25% of the increased attendance her team has experienced. Or more or less 25% of the increased attendance is from outside the Indy  metro area. But wait probably less since some percentage of families may spend a night or two ,do more stuff , and spend more bucks.
Now of course I said that's what she had to  bring in to reach 35 million, not that she does, Does that reach that- at the 1.54 figure -maybe not but it's reasonably close. At the 7 multiplier effect- probably so. Viola standard economics and math.

Note : other than the tickets the other prices are a reasonable guess (or at least reasonable as to what is actually charged).

Now no apology or acknowledgement will be expected nor forthcoming 
Report Message

Please explain why this message is being reported.

REPLY

Handle:
Password:
Subject:

MESSAGE THREAD

I was just about to educate Phrejd (and others) yesterday - JG A - 2/20 13:09:12
     Legendary. Tent post tier(nm) - tbluck MU - 2/20 14:58:47
     RE: I was just about to educate Phrejd (and others) yesterday - hefeweizen MU - 2/20 14:05:48
     wrong board(nm) - TigerA MU - 2/20 13:56:52
          wrong again - JG A - 2/20 14:02:43
               ticket board needs this(nm) - TigerA MU - 2/20 14:06:47
                    lol perfect (nm) - phrejd KC - 2/20 14:17:30
     did you type that into a Word doc while you were suspended? - Fire Marshall Bill MU - 2/20 13:48:22
          ha thats rich coming from anyone here that calls people - SabertoothTiger MU - 2/20 14:22:29
               There is this thing called search(nm) - Panthera MU - 2/20 16:40:52
               I have “bookmarked” a total of zero posts - Fire Marshall Bill MU - 2/20 14:50:08
          LOL at the latest myth you simpletons have concocted - JG A - 2/20 13:56:46
               so you simply copy/pasted into a Word doc and then saved it - phrejd KC - 2/20 14:16:20
               Your NPD is showing, lady(nm) - hefeweizen MU - 2/20 14:06:48
     the ticket prices are more like $20 each (except against - tigerinhogtown STL - 2/20 13:40:17
          I used the prices posted on Tigerboard - JG A - 2/20 13:58:45
               so you did indeed suspend all logic - tigerinhogtown STL - 2/20 14:16:55
          that isn't true(nm) - TigerA MU - 2/20 13:41:23
               he is stating resale prices for weekend games - tigerinhogtown STL - 2/20 13:50:03
                    Yeah I haven't seen anything indicating they - Bosalphus KC - 2/20 14:08:08
                         single game average ticket prices were $29.40 - phrejd KC - 2/20 14:11:01
               but it's not far off - phrejd KC - 2/20 13:44:41
                    So now you're agreeing with JG? - kmawv8 MU - 2/20 13:48:47
                         LOL the tickets are 234 EACH not 180 for 4 - JG A - 2/20 14:01:49
                              good lord you're dumb. in order for your math to work you - phrejd KC - 2/20 14:08:10
                                   as I said - JG A - 2/20 14:31:31
                                        i'm not needed to prove your ignorance. simpletons like you - phrejd KC - 2/20 14:49:22
                                             aaaaand he's gone again. coward (nm) - phrejd KC - 2/20 15:02:07
                                   kids get jerseys each visit too(nm) - TigerA MU - 2/20 14:09:28
                                        and each child fills up their gas tank (nm) - phrejd KC - 2/20 14:11:58
                                             and of course all these families come in on a weeknight - tigerinhogtown STL - 2/20 14:13:43
                                                  I'm guessing the bars and restaurants around the - Bosalphus KC - 2/20 14:16:07
                                                  they're staying multiple nights though. to, you know, - phrejd KC - 2/20 14:14:35
                                        hey now, jersey sales were up almost 1200%, of course they - tigerinhogtown STL - 2/20 14:11:39
                                             JG is buying 2 1/2 jerseys per kid - phrejd KC - 2/20 14:13:43
                              the 2ndary ticket market doesn't benefit Indy at all - tigerinhogtown STL - 2/20 14:08:05
                              Where are you getting that number from? (nm) - Bosalphus KC - 2/20 14:07:44
                                   RE: Where are you getting that number from? (nm) - JG A - 2/20 14:30:14
                                        That isn't the average ticket price, JG (nm) - Bosalphus KC - 2/20 14:38:33
                                             [facepalm emoji] (nm) - phrejd KC - 2/20 14:50:15
                         so a multiplier of 800,000 (200,000 * 4 family members)(nm) - tigerinhogtown STL - 2/20 13:52:51
     JG math... Somebody had to say it. Nm - BandG MU - 2/20 13:35:15
          thanks - JG A - 2/20 13:38:59
     woof(nm) - Fire Marshall Bill MU - 2/20 13:28:01
     tbim and tl'dr(nm) - TigerA MU - 2/20 13:11:54
          summary: he completely ignored all standards of logic and - phrejd KC - 2/20 13:13:29
               LOL well I can only provide the education - JG A - 2/20 13:18:05
                    ok simpleton i'll play along - phrejd KC - 2/20 13:41:39
                         LOL...he did the same thing trying to justify the expense - CulturedDan MU - 2/20 14:16:35
                              well if you just multiply it by 5.4 then assume a 37x - phrejd KC - 2/20 14:19:06
                         LOL as I say, as you prove - JG A - 2/20 13:54:44
                              $234 isn't close to the average ticket price, simpleton - phrejd KC - 2/20 14:06:24
          did you miss ....and others? - JG A - 2/20 13:12:42




©2025 Fanboards L.L.C. — Our Privacy Policy   About Tigerboard