We have a spreadsheet on the Wahoos’ stadium agreement compares with the other teams in their league. Here is how it compares with the two closest teams:
MONTGOMERY BISCUITS
Annual Rent: 5% of gross revenues, plus 6% of concessions (estimated at $350,000)
Stadium Cost/Capacity: $26 million (2004)/ 7000
Revenues: Team gets 100%, but rent is paid from this as a percentage; City gets 100% of parking revenue. Team gets stadium naming rights.
Concessions from Games: Team gets 100%, but rent is paid from this as a percentage; City gets 100% from City events
Utilities: Team pays 65%
Maintenance: Team is responsible for field preparation; City responsible for all else
Capital Improvements : City pays
2010 Attendance Total/Average: 269,840/4,027
PENSACOLA BLUE WAHOOS
Annual Rent: $175,000 Use Fee + $125,000 min. from tic. sales = $300,000 (+ amount above ticket sale minimum)
Stadium Cost/Capacity: $20MM (2012); $2MM Provided by Team/ 5,225
Revenues: 100% ticket revenue to team (less amount owed CMPA); 50% parking to CMPA; 100% ticket sales to CMPA for community events. Team gets stadium naming rights.
Concessions from Games: 100% net to team from baseball events; 20% of gross to CMPA for community events
Utilities: CMPA pays 100%
Maintenance: Team pays field and routine maintenance and provides personnel for managing the facility
Capital Improvements: CMPA pays; Agreement contains provision for amendment to include rights for suites and/or restaurant
MOBILE BAY BEARS
Annual Rent: $100,000 (was approx. $350,000; now $100,000 with owner-financed cap. Imp. to stadium)
Stadium Cost/Capacity: $8 million (1997)/ 6,000
Revenues: Team gets 100% of ticket sales; City gets 100% of parking revenues
Concessions from Games: Teams gets 100%
Utilities: City pays 100%
Maintenance: City is responsible for all maintenance
Capital Improvements: City pays
2010 Attendance Total/Average: 186,256/3,053
Here is the grid for their league: Team Comparison Chart
