Originally posted by immortal tech
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Where is Arum getting an extra 40 million from?
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Originally posted by DempseyRollin View Postlmao. thats why i didnt even try. for all of u who dont know, puga is trolling u. hes absolutely not that dumb. ive been here for about 2 yrs, he enjoys this. dont waste your time.
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Originally posted by Harry Balls View PostWe have done so several times. Out of the additional 25000 tickets, to make 40 million on top of the 20 thats already being generated by seats compared to MGM, the average ticket needs to cost $1600.
What you don't seem to understand is that to make the stadium hold another 25000 compared to MGM you need to build seats further away. Otherwise it will be just the same as MGM and net the exact same amount.
So we take the MGM-capacity and it's money generated and put that aside. Lets call this the MGM pile.
Now the extra 25000 seats built will be of worse quality than those that generated the money in the "MGM pile". So therefore these 25000 will be the cheapest.
We already know that the MGM pile contains roughly $20,000,000 , and we need $40,000,000 from the 25000 bad seats we built. We therefore need to sell them for $1600 a pop.
Does that sound reasonable to sell those extra tickets for $1600 a piece despite being worse than the ones closer to the ring that cost $150~ ?
So in short, the extra 25000 seats have NOTHING to do with the other seats. You don't have to calculate their average or their gross. You only need to calculate how much money you need to sell the new bad tickets for in order to make 40,000,000. And that is $1600 per ticket on average for the NEW SEATS only.
I just wrote about 99% more than i should have to. I don't understand how anyone can be as clueless as you.
all i have been asking you is you to do is provide a computation that proves arums number is not possible ,yet, we're at page 20 already (i think ) and you havent done ****....i dont need to hear the obvious man, i want your computations on why it is not possible....
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Originally posted by javysouthpaw View PostI believe in my own calculation but I believe that Arum will never be able to sell nose bleeds for $1600. Do you think he can?
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so stadium is going to build by itself? that itself would cost 10 mil. $ and up. like some posters said before arum is probably trying to outsource the whole gate/venue thing to an investor who in turn would guarantee extra 20 mil. for each boxer regardless of the gate.
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Originally posted by DempseyRollin View Postlmao. thats why i didnt even try. for all of u who dont know, puga is trolling u. hes absolutely not that dumb. ive been here for about 2 yrs, he enjoys this. dont waste your time.
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Originally posted by puga View Posthell ***ing no, he cant!...but i thoiught you were a berkeley student and that the 1600 price is the average for each ticket, meaning ,if you have common sense, the nosebleed seats are lower than 1600 and the ring side seats are higher than 1600.....you computed the average did'nt you?....
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