Los Angeles Dodgers Could Lose $27 Milli Off Declining Attendance
The Los Angeles Times reports that the Los Angeles Dodgers franchise could lose at least $27 million in ticket sales, concession and parking revenue this season because of a dramatic drop in attendance. The Dodgers totaled $286 million in revenue but with this season’s attendance decline that could amount to at least a 9.4 percent drop in total annual revenue this year.
The Dodgers average attendance is down by 7,902 a game as the team struggles on the field and Frank McCourt’s ownership reign remains in jeopardy. That is the biggest drop in per-game attendance in the majors this season.
The Times calculated the $27 million based on attendance figures, the average ticket price calculated by Team Marketing Report and internal Dodgers data on concessions and parking revenue revealed last year in court documents in the Frank and Jamie McCourt divorce case.