Clipping:Baseball finances and the gate receipt split
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| Date | Wednesday, June 26, 1889 |
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| Text | [from Frank Brunell's column] The most novel point in sight is the proposition of President John B. Day, of the New York,s who offers to divide the gate receipts with the visiting club as a remedy for unequal financial ability of the clubs. It is a fair proposition. Mr. Day is a fair man with a strong leaning to League support rather than club support—the fundamental idea in the business department of the game. But it would not equalize. Here is a little tabl3 with illustrates this fact: Expenses, New York team..................................... $70,000.00 Seventy games at $2000—each one half................ $70,000.00 Home profit.............................................. $00,000.00 Seventy games foreign $1500, each one half …... $52,500.00 This represents say New York profits—a pretty little sum, but less than usual. Now turn the figures on Cleveland and show its income at an average of $1800 per home game and its team nearly as good a drawing car away from home as New York, but costing $15,000 less. Expenses, Cleveland team.................................... $55.000 Seventy home games, $900, each half................. $34,500 Loss on home series................................ $23,500 Seventy foreign games, $1000, each half............. $35,000 Profit on season....................................... $11,500 Look at the difference. And it is increased when one considers the grad stand profits in New York, Boston and Chicago, as against those of Cleveland, Indianapolis and Washington. I have given nearly actual figures, and they do not give the fair view of things, because the Cleveland team's success this year is phenomenal and the expenses light. With such a team another year it will cost $65,000 for salaries, grounds, general expenses, offices, etc., and there is a profit of $1500 left—not enough to cause such an investment to be made. May Day's principle in eye is ruinous. He would buy all the talent of the land, pay it high prices, and make a lot of money yearly. That's wise and good—fro Mr. Day. But his prices are standard price, and set the price pace for Cleveland, who, if it gets in $70,000 at the gate in one season, is doing better than New York if it takes in $200,000. This is the point to keep in eye. It is a geographical handicap which cannot be wiped out by division of the gate receipts. |
| Source | Sporting Life |
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| Submitted by | Richard Hershberger |
| Origin | Initial Hershberger Clippings |
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