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	<title>Blast Magazine&#187; stadium</title>
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		<title>K-9 units help secure Sun Life Stadium before Super Bowl</title>
		<link>http://blastmagazine.com/the-magazine/sports/k-9-units-help-secure-sun-life-stadium-before-super-bowl/</link>
		<comments>http://blastmagazine.com/the-magazine/sports/k-9-units-help-secure-sun-life-stadium-before-super-bowl/#comments</comments>
		<pubDate>Sat, 06 Feb 2010 23:57:19 +0000</pubDate>
		<dc:creator>Sachin Seth</dc:creator>
				<category><![CDATA[Football]]></category>
		<category><![CDATA[National News]]></category>
		<category><![CDATA[Sports]]></category>
		<category><![CDATA[The News]]></category>
		<category><![CDATA[atf]]></category>
		<category><![CDATA[dog]]></category>
		<category><![CDATA[football]]></category>
		<category><![CDATA[k-9]]></category>
		<category><![CDATA[miami]]></category>
		<category><![CDATA[stadium]]></category>
		<category><![CDATA[sun life]]></category>
		<category><![CDATA[super bowl]]></category>

		<guid isPermaLink="false">http://blastmagazine.com/?p=38910</guid>
		<description><![CDATA[When you think Super Bowl, what&#8217;s the first thing that comes to mind? Football, commercials, cheerleaders and beer, probably. Maybe Janet Jackson. But did you ever wonder how much it would take to ensure that all 76,500 fans that walk into Sun Life Stadium on Sunday, walk out safely? The Bureau of Alcohol, Tobacco and [...]]]></description>
			<content:encoded><![CDATA[<div class="KonaBody"><p>When you think Super Bowl, what&#8217;s the first thing that comes to mind? Football, commercials, cheerleaders and beer, probably. Maybe Janet Jackson. But did you ever wonder how much it would take to ensure that all 76,500 fans that walk into Sun Life Stadium on Sunday, walk out safely?</p>
<p>The Bureau of Alcohol, Tobacco and Firearms (ATF) have unleashed their best four-legged agents to guard against explosive threats at this year&#8217;s Bowl. The top K-9 units from around the country have been shipped down to Miami, along with local, state and federal law enforcement, to make sure the fans, players and staff can enjoy the game in safety.</p>
<p>Trained dogs from Alabama, Texas, Georgia, Colorado, Tennessee, Kentucky, Virginia and Florida are all helping to make sure Sun Life is free of explosive devices and other threats that could endanger any fan, staff or athlete during the big game on Sunday.</p>

<a href='http://blastmagazine.com/the-magazine/sports/k-9-units-help-secure-sun-life-stadium-before-super-bowl/attachment/020510-mia-super-bowl-canines-6/' title='K-9 units from Kentucky, Georgia, Virginia and Texas'><img width="70" height="70" src="http://blastmagazine.com/wp-content/uploads/2010/02/020510-mia-super-bowl-canines-6-70x70.jpg" class="attachment-thumbnail" alt="K-9 units from Kentucky, Georgia, Virginia and Texas" title="K-9 units from Kentucky, Georgia, Virginia and Texas" /></a>
<a href='http://blastmagazine.com/the-magazine/sports/k-9-units-help-secure-sun-life-stadium-before-super-bowl/attachment/020510-mia-super-bowl-canines-1/' title='K-9 teams doing a sweep of Sun Life&#039;s field'><img width="70" height="70" src="http://blastmagazine.com/wp-content/uploads/2010/02/020510-mia-super-bowl-canines-1-70x70.jpg" class="attachment-thumbnail" alt="K-9 teams doing a sweep of Sun Life&#039;s field" title="K-9 teams doing a sweep of Sun Life&#039;s field" /></a>
<a href='http://blastmagazine.com/the-magazine/sports/k-9-units-help-secure-sun-life-stadium-before-super-bowl/attachment/020510-mia-miami-canine-team-1/' title='Local Miami K-9 team performing a security check'><img width="70" height="70" src="http://blastmagazine.com/wp-content/uploads/2010/02/020510-mia-miami-canine-team-1-70x70.jpg" class="attachment-thumbnail" alt="Local Miami K-9 team performing a security check" title="Local Miami K-9 team performing a security check" /></a>
<a href='http://blastmagazine.com/the-magazine/sports/k-9-units-help-secure-sun-life-stadium-before-super-bowl/attachment/020510-mia-houston-canine-team-1/' title='K-9 team from Houston doing a security check'><img width="70" height="70" src="http://blastmagazine.com/wp-content/uploads/2010/02/020510-mia-houston-canine-team-1-70x70.jpg" class="attachment-thumbnail" alt="K-9 team from Houston doing a security check" title="K-9 team from Houston doing a security check" /></a>
<a href='http://blastmagazine.com/the-magazine/sports/k-9-units-help-secure-sun-life-stadium-before-super-bowl/attachment/020510-mia-super-bowl-canines-7/' title='K-9&#039;s are helping to secure Sun Life Stadium for Sunday&#039;s Super Bowl'><img width="70" height="70" src="http://blastmagazine.com/wp-content/uploads/2010/02/020510-mia-super-bowl-canines-7-70x70.jpg" class="attachment-thumbnail" alt="K-9&#039;s are helping to secure Sun Life Stadium for Sunday&#039;s Super Bowl" title="K-9&#039;s are helping to secure Sun Life Stadium for Sunday&#039;s Super Bowl" /></a>

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		<title>The business of the Sox/Yanks rivalry</title>
		<link>http://blastmagazine.com/the-magazine/sports/the-business-of-the-soxyankes-rivalry/</link>
		<comments>http://blastmagazine.com/the-magazine/sports/the-business-of-the-soxyankes-rivalry/#comments</comments>
		<pubDate>Thu, 01 May 2008 04:05:59 +0000</pubDate>
		<dc:creator>MJ Paradiso</dc:creator>
				<category><![CDATA[Baseball]]></category>
		<category><![CDATA[Boston Local]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Sports]]></category>
		<category><![CDATA[baseball]]></category>
		<category><![CDATA[boston]]></category>
		<category><![CDATA[red sox]]></category>
		<category><![CDATA[stadium]]></category>
		<category><![CDATA[yankees]]></category>

		<guid isPermaLink="false">http://blastmagazine.com/?p=1255</guid>
		<description><![CDATA[Blast enters the realm of business reporting by bringing up a familiar topic]]></description>
			<content:encoded><![CDATA[<div class="KonaBody"><p>Professional sports teams continue  to replace antiquated stadiums with modern, awe-inspiring facilities,  designed to attract more fans, bigger sponsors and better players. Yet, there remain several historical structures that regularly  accommodate scores of cheering crowds.</p>
<p>One of the greatest rivalries  in all of sports is between the Boston Red Sox and the New York Yankees.   And two of the most legendary parks in baseball belong to these teams in Fenway Park and Yankee Stadium.</p>
<p>This year, the Bronx Bombers  play their final season in Yankee Stadium.  The building  served as home to players like Ruth, Mantle and DiMaggio and decisive championship  moments forever etched in our memories.  Like them or hate them,  the Yankees&#8217; home is one of the most storied ballparks in America.</p>
<p>So why is Yankee Stadium being  torn down to be replaced by a new park?  What pressures did the  owners succumb to?  Or what financial benefit do they see in the  move?  And, in that case, why are the Red Sox not following with their own new  stadium?</p>
<p>There are six main ways baseball  teams generate revenue: corporate sponsorships, luxury box sales, general  ticket sales, concessions, local television contracts and merchandise.</p>
<p>Let&#8217;s compare Fenway Park to the new Yankee Stadium and see which  team is mostly likely to have the strongest financial performance in  each category.</p>
<p><strong>Corporate Sponsorships:  Even</strong></p>
<p>The Red Sox and the Yankees  are the most popular teams in baseball and both national and local companies  are looking to sponsor with these clubs.  Companies will line up  to partner with these two teams, regardless of where they play.   Revenues are strong for both clubs in this category.</p>
<p><strong>Luxury Box Sales: Yankees</strong></p>
<p>The new Yankee Stadium will  contain three times as many luxury boxes as the current venue, far surpassing  comparable boxes in Fenway Park.  The Yankees are building more  boxes at the expense of regular seats because the revenue from each  box is larger and more consistent.  The boxes will sell out and  the Yankees will collect revenue whether or not the ticket-holders show  up.</p>
<p><strong>General Ticket Sales: Red  Sox</strong></p>
<p>The Red Sox have one of the  smallest seating capacities of any MLB stadium, while the Yankees have  and will have one of baseball&#8217;s larger venues.  At first glance,  it would appear that this is a win for the Yankees, but it may not be.   Seats do not generate revenue; people in those seats account for ticket  volume and the amount they pay for those seats drives ticket revenue.</p>
<p>Entering the 2008 season, the  Red Sox sold out 388 consecutive games-a trend that does not appear  to be ending any time soon.  The Bombers do not always sell  out.  They do fill all the seats during big games and weekends,  but typically leave thousands of seats empty during weekday contests.</p>
<p>The Red Sox also have the highest  ticket prices in baseball and will be raising tickets an additional  9 percent for the 2008 season, according to the Boston Globe.  How can  the Red Sox charge so much?  It is a matter of supply and demand,  or scarcity as CNN Money refers to baseball ticket sales.</p>
<p>A team like the Yankees knows  it will not sell out every game and therefore must keep prices lower  to encourage those price-sensitive fans to come to a mid-week game.   The Yankees are controlled by the supply, meaning that in order to optimize  revenue, they can only charge as much as the last person is willing  to pay.</p>
<p>The Red Sox, on the contrary,  have a surplus demand.  With more people willing to pay for every  game than seats are available, the Red Sox can continue to raise prices  until exactly the same amount of people are willing to pay the premium  price as there are seats in the stadium.  (This is not entirely  true because tickets for sporting events and concerts are kept artificially  low to allow more people the opportunity to afford the tickets).</p>
<p>Therefore, what revenues the  Yankees generate from high ticket sales, the Red Sox match and will  arguably surpass with revenues from higher ticket prices.</p>
<p><strong>Concessions: Yankees</strong></p>
<p>The Red Sox charge more for  ticket prices, but a team can only charge so much for a beer and a hot  dog before fans say &#8220;enough&#8221; and do not to eat at the game.   Since prices are even, concession sales are then dependant primarily  on attendance volume.  This benefits the Yankees who have a larger  stadium and will have more people to potentially purchase concessions.</p>
<p><strong>Local Media Revenue: Yankees</strong></p>
<p>The Yankees received more than  $91 million in local media contracts, including $67 million from the  YES Network to broadcast games on television, Forbes.com reports.   While the organization will not keep all of that money due to the league&#8217;s  revenue sharing agreements, they still retain a significant share.</p>
<p>The Bronx Bombers benefit from  a larger market, as the New York metropolitan region is by far, the  most populous in the country.  The Yankees also have a higher net  worth than the Red Sox and can demand larger contracts.  While  the Yankees and Red Sox have roughly equal numbers of national fans,  the fact that more people live in the New York area benefits the Yankees.</p>
<p><strong>Merchandise Sales:  Red Sox</strong></p>
<p>Unfortunately, no census is  taken of all Yankees fans and Red Sox fans.  ESPN reports that  since winning the first of two World Series championships in the past  four years, Red Sox merchandise sales have skyrocketed.  Sales  from Sox and Yankees gear account for more than half of all MLB merchandise  revenue.  USA Today reports, that when on the road, attendance  at the opposing ballparks is about 1,300 fans more when the Red Sox  are in town than the Yankees.</p>
<p>There are several other reasons  why I give the edge to the Red Sox.  First, international sales  should be up for the Sox.  The New York squad has better name recognition,  but the Sox have won the Series more recently and played a pair of games  in Japan to begin the season.  Second, the Red Sox are not involved  in the steroid controversy.  Roger Clemens&#8217; jerseys are not flying  off the shelves this spring.</p>
<p><strong>The Verdict?</strong></p>
<p>Both teams have a distinct  business strategy and both are positioned to perform very well.</p>
<p>The Red Sox, by not building  a new stadium and leveraging Fenway&#8217;s small seating capacity to produce  more ticket revenue, are positioned to yield higher profits and retain  more of their earnings.</p>
<p>The Yankees are growing their  revenues, but also are incurring costs of higher player salaries and  financing a new stadium.  They have positioned themselves to generate  higher overall revenue to supplement their costs.  Each strategy  compliments the team&#8217;s business model.</p>
<p>Regardless of where they play,  the Red Sox-Yankees rivalry will continue, escalating with the advent  of October.  Yankees fans will learn to love their new stadium  and Red Sox fans will continue to fill every seat of every game at Fenway  Park.  A baseball stadium is, after all, is more than a home-it  is the soul of a team and its fans.</p>
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