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Post by Commish_Ron on Dec 14, 2022 14:58:24 GMT -5
A proposal has been made to increase revenue sharing from 15% to 20%. A few seasons ago we switched from luxury tax to income tax which redistributed things a bit but the overall sharing stayed fairly consistent. We also introduced a gate share which has had some impact.
For context, MLB revenue sharing is set at 48%. An increase to 20% in PBL would end up costing the highest revenue teams less than $5M per season.
Revenue sharing is a result of all teams throwing the set percentage of their revenue into a pool then evenly sharing out that pool to all teams in the league.
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Post by sansterre - Milwaukee Brewers on Dec 14, 2022 15:15:05 GMT -5
I'm fine with that. I have some bias, as a small market team, but still in favor of it. The gap between 15% and 48% is pretty substantial.
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Post by Arizona_PBL on Dec 14, 2022 15:18:14 GMT -5
I support as well. Even at 48% the difference between highest and lowest revenue after sharing is still well over 100M
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Post by Sean_RedsGM on Dec 14, 2022 18:10:12 GMT -5
A proposal has been made to increase revenue sharing from 15% to 20%. A few seasons ago we switched from luxury tax to income tax which redistributed things a bit but the overall sharing stayed fairly consistent. We also introduced a gate share which has had some impact. For context, MLB revenue sharing is set at 48%. An increase to 20% in PBL would end up costing the highest revenue teams less than $5M per season. Revenue sharing is a result of all teams throwing the set percentage of their revenue into a pool then evenly sharing out that pool to all teams in the league. I’m fine with the increase but just would caution that the MLB number/percentage is different than how our league does budgets.
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Post by Jared_Carolina on Dec 14, 2022 18:19:25 GMT -5
I support but obviously biased
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Post by Mac_Yankees GM on Dec 14, 2022 19:03:37 GMT -5
No ...Keep your hands out of my pockets.
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Post by Sean_RedsGM on Dec 16, 2022 12:49:05 GMT -5
I'm fine with that. I have some bias, as a small market team, but still in favor of it. The gap between 15% and 48% is pretty substantial. The way ootp does budgeting and revenue calculations does not equal what MLB calculates and distributes. I would caution reading into 15% vs 48%, because real MLB revenues are much higher than what we see in game. Also, teams are generating revenue in ways that we simply cannot in the game (stadium use for other events, areas surrounding the stadium, etc.) and it's my understanding those are separate than what MLB uses for their calculation.
For example, just on the media deals alone every team is getting about $100 mil per season.
The overall revenue of MLB was at 9.56 billion U.S. dollars in 2021, an average of 319 million U.S. dollars per team. I don't think the PBL or OOTP in general are comparable to those totals.
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Post by markblakemore on Dec 16, 2022 14:55:24 GMT -5
I'm fine with dipping my hands into the Yankees pockets. Increase to 20% fine by me.
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