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A year ago, a group of investors offered $20 million to buy the Pontiac Silverdome, the seldom-used, dome stadium that used to be the home for the Detroit Pistons and Michigan Panthers. The deal eventually fell through. In a sign of the state of the commercial real estate market, the winning bid for the Silverdome in auction this week was $583,000.

It cost $55.7 million to build the stadium 35 years ago, but today the location where Pink Floyd surprised fans in 1994 by playing Dark Side of the Moon in its entirety for the first time since 1975 is worth less than the new houses down the street from me.

The lucky buyer is a Canadian company that is said to want to bring soccer to Detroit, but Major League Soccer disavowed any knowledge of these plans.

The whole situation seems suspect. What happened in the last year to drive the market price down from $20 million to less than a McMansion? Did the Canadians get a deal that’s too good to be true? Or should this be expected considering Pontiac’s proximity to Detroit, a city in desperate need of economic recovery?

Photo credit: Dave Hogg
Silverdome sale price disappoints, Mike Martindale, November 17, 2009

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I am not a very good baseball fan. I grew up with the Mets as the team of choice in my family although none of us were much into sports. This loyalty was solidified with the team’s World Series win in 1986 when I was ten years old, the prime age for baseball fandom. Now with a girlfriend who has lived her entire life practically next door to the Mets, I have returned to my old ways.

While remaining mostly cool, detached, and apathetic to baseball in general, I have to admit the sport is fun to watch. And that works for me because I don’t care about the losses; thus, I don’t get frustrated in what would normally, for a fan, be a very frustrating year.

The enjoyment of baseball relies on putting aside the fact that the sport — and perhaps all sports, or all forms of entertainment — is just a commercial. The baseball game is one long commercial for a variety of products and services. Every single aspect of the game is sponsored by a company that offers something for fans to buy. The true goal of these events which draw tens of thousands of spectators in person and millions via radio and television is not to entertain or enlighten. The true goal is to get you to part with your money.

And they do a very good job of this.

Last night, I attended a Mets game for the first time this year. The organization originally sold our seats to someone for $175 each. They came with wonderful, but expensive amenities, like access to a dining area. But we managed to save some money in some areas while missing others. Here are some things we did and some we could have done to save money at this Major League Baseball game, besides staying home and watching the game on television or listening on the radio.

Buy tickets secondhand. While our seats had a “face value” of $175, we waited until the last twenty-four hours to buy them through a second-hand ticket broker, StubHub. We saved almost $100 a ticket, paying what is much closer to what I believe to be a fair price for the experience. Our seats were excellent, a few rows behind the third base dugout. Fans are desperate to unload tickets they can’t use, so wait until the twenty-four hours leading up to the game and you’ll find better deals. These were likely someone’s season tickets, so they may not have paid full price either, but I do feel we got a good deal relative to what other seats cost.

Buy the cheapest seats. Every stadium has an option for the nosebleeds. With most games, you can buy the cheapest tickets but still find a way to see the game from a better location. There is usually an opportunity to move around, so don’t be afraid to perform a “manual upgrade” if you’re not infringing on anyone else’s enjoyment of the game and if you remain polite.

Citi Field, August 18, 2009

Take public transportation. We may be spoiled in New York. Public transportation to Mets and Yankees games is convenient. Parking at the stadium is an expensive hassle. I remember one time a few years ago it took two and a half hours just to get out of the Yankee Stadium parking garage onto the streets in the Bronx. Now I take the Long Island Rail Road to Mets games, and my girlfriend lives just blocks from a train station.

Bring your own drinks. For most fans, alcohol is part of the experience of being at a ball game. Alcohol must also be a way to cope with bad seats; in the past, I’ve noticed the worse our seats, the rowdier and drunker the surrounding fans. Anyhow, cut back the alcohol at the game and bring your own soda or water. Depending on the stadium, the security might let you bring in outside drinks or food.

Eat before and/or after the game. I tend to go into games hungry. This is a very bad idea for me, as I’m tempted to order and eat the junk food served at the stadium’s concession. Or even worse, if my seats include complimentary admission to one of the dining clubs, I might order food there. Either way, this food is very expensive. Consider a frugal tailgate at home before the game or in the parking lot and refrain from eating ballpark food.

Skip the souvenirs. Major League Baseball knows that the business of souvenirs is huge. Companies like New Era and Majestic Athletic pay significant licensing fees to the MLB in order to sell the “official” versions of sports merchandise, so they charge more for these “authentic” souvenirs. This is completely unnecessary for experiencing baseball.

Close your ears and eyes. Throughout the game, you are bombarded with marketing. There’s little you can do about this other than try to ignore it. Citi’s sponsorship of the Mets gave them naming rights on the stadium and all the ATMs are owned by Citibank. Pepsi has a significant presence at the stadium; its branding through signage is even larger than Citi’s and you won’t be able to find any Coca-Cola products at the game. Advertisers believe that the target audience for baseball is middle-aged men with greying hair; thus, Just For Men, a hair dyeing product, is featured prominently in the stadium and on broadcasts.

Anything that is featured, like the out-of-town scoreboard, the starting line-up, the call to the bullpen, or the play of the game, is attached to a sponsor. There is no way to escape this deluge of commercialism and fans have just grown to accept it. Even though you realize it exists, the association between baseball and these companies sticks consciously and subconsciously. I can guarantee that every one of these companies that sponsor a small piece of baseball has a counterpart that is just as effective or pleasant, but is less expensive because it doesn’t pay for massive sponsorship deals.

How do you save money at baseball games?

Photo: Flexo

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Why is it that everyone wants me to advertise for them for free, particularly when it is related to sports? At almost every baseball game attend, I can receive “free” gifts. Last year, in return for buying a ticket to one particular game, I received a bucket hat with my team’s logo. Just several hours ago, my “free” gift was a “bobble-head” figure of one of the top players on the team. Throughout the game, ambassadors and mascots use air cannons to launch “free” tee-shirts to fans in the stadium.

On the bucket hat, just as large as the team logo is the logo for Gulf. The bobble-head figure — which was broken when I took it out of the box, by the way — has a plaque reading AIG, bigger than the player’s name. The free tee-shirts are sponsored by Pepsi (the only drink brand allowed in the stadium, by the way), and would undoubtedly be emblazoned with that company’s logo.

Many years ago, I decided I would not wear any item that had a company’s name or logo plainly visible to other people. This probably came as a result of seeing one to many GAP sweatshirts. I certainly wasn’t going to pay to provide some company with free advertising by buying clothing emblazoned with a logo or brand, no matter how “cool” I would be if I did thanks to the positive image of the brand being associated with the wearer. (I would, however, consider wearing clothing with brands if it would be considered ironic or obscure, which just shows that I’m not immune to marketing anyway.)

This holds true for sports brands as well. While I’m a fan of the Mets, I generally don’t advertise for that particular company’s brand by wearing logo-emblazoned clothing unless I’m going to a baseball game where it’s expected. I don’t see much difference between sports brands and product brands. It’s still free advertising.

Corporate sponsorships allow things to get done, though. Without the money from Citi, the Mets wouldn’t have a new stadium next year. (Who decided the team needs a new stadium, anyway, especially one with fewer seats and — wait for it — more options for corporate ticket owners and fewer for everyday fans?) It makes sense from a company’s perspective to allow sponsorship (which explains why I accept advertising on websites, for instance), but I try to avoid being an unpaid part of that sponsorship as much as possible.

I’ll likely remove the AIG plaque from the bobble-head figure and, if I decide to ever wear that bucket hat to a game, I will cover up the unfavorable logo with something.

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MLB World Series 2007 LogoAre you looking forward to a Red Sox win in the 2007 World Series? Even if you are, you’re probably not anticipating the win as much as some Sox fans. Jordan’s Furniture, a company in New England owned by Warren Buffett’s Berkshire Hathaway, is giving some customers a reason to root, root, root for the home team.

Consumers who bought a dining room table, sofa or bed at Jordan’s between March 7 and April 16 will receive a rebate of the purchase price. The company, which has an insurance policy to cover the costs of the promotion, wouldn’t disclose the value of the merchandise bought during the five-week period, or details of the insurance policy.

This is great for Jordan’s Furniture. Even if the Red Sox win, those refund checks will not put a dent in the company’s financials. They’re already paying for the insurance policy, and that insurance company will provide the lucky customers with their money back.

Good luck to everyone who is hoping for a Red Sox victory, whether it’s because of the possibility of free furniture or just standard fandom.

Buffett-Owned Store Giving Away Furniture With Red Sox Win [Bloomberg]

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