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How much does FYSA graft-errr-EARN off State Cup?
Originally posted by Unregistered View PostHow much money do you think they made?
Let's do the math, shall we?
I looked at the SC Draw results and the standings, and found that there were 344 Boys teams and 200 girls teams, or 544 teams in State Cup 2017.
Entry fee is $850.
544*$850=$462,400.
Additional unknown revenue comes from selling State Cup t-shirts, and the skim they get from Stream Sports & hotels from the Stay to Play locations.
Up until the Championship Round, teams still pay the referee fees. A Championship Round has 3 games for 7 age groups for both boys & girls (42 games). Even assuming a flat pay scale for different age groups (generally not the case) and using the highest rate of $140/game ($70 for center, $35 for each AR), that is only $5,880.
$462,400
- $5,880
$456,520
Now, I will acknowledge that I am not privy to what FYSA pays the sites for the use of their fields. I feel confident that it is not that lucrative to provide fields as FYSA seems to have trouble finding quality fields for Round 1 & 2.
I would guess that the net profit is over $100,000.
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Unregistered
Originally posted by I put my name on it View PostThis is a very good question.
Let's do the math, shall we?
I looked at the SC Draw results and the standings, and found that there were 344 Boys teams and 200 girls teams, or 544 teams in State Cup 2017.
Entry fee is $850.
544*$850=$462,400.
Additional unknown revenue comes from selling State Cup t-shirts, and the skim they get from Stream Sports & hotels from the Stay to Play locations.
Up until the Championship Round, teams still pay the referee fees. A Championship Round has 3 games for 7 age groups for both boys & girls (42 games). Even assuming a flat pay scale for different age groups (generally not the case) and using the highest rate of $140/game ($70 for center, $35 for each AR), that is only $5,880.
$462,400
- $5,880
$456,520
Now, I will acknowledge that I am not privy to what FYSA pays the sites for the use of their fields. I feel confident that it is not that lucrative to provide fields as FYSA seems to have trouble finding quality fields for Round 1 & 2.
I would guess that the net profit is over $100,000.
I came up with a profit of $3.79 but I think I may have over estimated the number of games .
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Originally posted by Unregistered View PostCould you please do the same work out for Florida Cup
I came up with a profit of $3.79 but I think I may have over estimated the number of games .
Well, let's start with the fact that Florida Cup is $275/team and they also pay referee fees for the Championship Series.
It clearly demonstrates that one organization is in it for the money and one is not.
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Unregistered
Originally posted by I put my name on it View PostThis is a very good question.
Let's do the math, shall we?
I looked at the SC Draw results and the standings, and found that there were 344 Boys teams and 200 girls teams, or 544 teams in State Cup 2017.
Entry fee is $850.
544*$850=$462,400.
Additional unknown revenue comes from selling State Cup t-shirts, and the skim they get from Stream Sports & hotels from the Stay to Play locations.
Up until the Championship Round, teams still pay the referee fees. A Championship Round has 3 games for 7 age groups for both boys & girls (42 games). Even assuming a flat pay scale for different age groups (generally not the case) and using the highest rate of $140/game ($70 for center, $35 for each AR), that is only $5,880.
$462,400
- $5,880
$456,520
Now, I will acknowledge that I am not privy to what FYSA pays the sites for the use of their fields. I feel confident that it is not that lucrative to provide fields as FYSA seems to have trouble finding quality fields for Round 1 & 2.
I would guess that the net profit is over $100,000.
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Unregistered
Here is an interesting fact about the Florida Cup .
14 teams were eligible to go to regionals having won their age groups . One girls team showed up along with 4 boys teams . Most States don't seem to bother to send their teams average number of teams playing per age group was 4 out of a possible 12 . Which brings me on to my last point how can they have a national final when only 12 States participate .
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Unregistered
Originally posted by Unregistered View Post850 per team? That is outrageous
It is all about the money. This is a business that happens to be based upon children and their gullible parents.
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Unregistered
Originally posted by Unregistered View PostHere is an interesting fact about the Florida Cup .
14 teams were eligible to go to regionals having won their age groups . One girls team showed up along with 4 boys teams . Most States don't seem to bother to send their teams average number of teams playing per age group was 4 out of a possible 12 . Which brings me on to my last point how can they have a national final when only 12 States participate .
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Unregistered
Originally posted by Unregistered View PostUh, how much do you think tournaments cost? Even a crap event like West Pines or Weston Cup is the same amount. CASL is $1500 for 3 games. Jeff Cup and Dallas Cup are in the same range.
It is all about the money. This is a business that happens to be based upon children and their gullible parents.
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Unregistered
Originally posted by Unregistered View PostCould you please do the same work out for Florida Cup
I came up with a profit of $3.79 but I think I may have over estimated the number of games .
Not sure if this is true but I heard this directly from a DOC.
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Originally posted by Unregistered View PostI have heard they FYSA does not pay for fields for state cup. They rely on clubs to donate the fields they have access to and choose from that list.
Not sure if this is true but I heard this directly from a DOC.
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Unregistered
Originally posted by I put my name on it View PostIf that is true, than their profit is probably around $400k.
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Unregistered
Originally posted by Unregistered View PostI have heard they FYSA does not pay for fields for state cup. They rely on clubs to donate the fields they have access to and choose from that list.
Not sure if this is true but I heard this directly from a DOC.
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Unregistered
Originally posted by Unregistered View PostREALLY? My son's team beat the eventual State Cup Champion in the semi-finals 4-1. Looks like State Cup was the weak one.
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