Stadium holds 65,050
7,300 in club ($125/piece) ($912,500)
1,544 in suites ($175/piece) ( 270,200) + 100-200k for the indiv. suite
56,206 in seats (75/piece) ( 4,215,450)
8 games a year guaranteed means 43,185,200 in just ticket sales every year. Plus you figure average of 150k per suite and there are 129 suites so add another 19,350,000 to that
Therefore just in game day ticket sales they are producing 62,535,200 per year. Add to that whatever they make in food and drink, merchandise, or their guaranteed 2 preseason games or any postseason games they might have. Anyway you look at it, the Steelers are bringing in some major bank, and who knows what they are doing for local businesses, hotels, and other establishments. I’ll bet that it’s easily over another 25 million/year. For the city to spend $158 million on it (http://www.steelergridiron.com/information/newstadium.html ) that is a pretty smart investment. They should now be breaking even sometime this year and begin actually making money on the investment based on what the local economy is getting because of the games.
Gee, I wish the city, county and state were interested in helping other business people make money. It would have been nice to have modernized the steel mills, revitalized the steel industry, etc. instead of tearing them down and loosing all those jobs. I would like to have the city build me a car collectors museum. I’m sure I could create soom jobs too.