ve] Proof that Crazy Joe's business model is as flawed as a two-legged stool ABA" /> Proof that Crazy Joe's business model is as flawed as a two-legged stool [Archi<a href="http://www.devils-shadow.com/forums/wii-iso-downloads/47653-kiss-death-wii-iso-downloads.html" title="Free Wii ISO Downloads">v</a><a href="http://www.devils-shadow.com/forums/xbox-360-isos/" title="Free Xbox 360 ISO Downloads">e</a>] - OurSports Central Independent and Minor League Sports Forums

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View Full Version : Proof that Crazy Joe's business model is as flawed as a two-legged stool


Chuck the Writer
06-23-2007, 09:54 PM
Okay, in the most recent Ask the CEO, Crazy Joe starts blathering about how affordable an ABA season can be for fans.


ABA season tickets cost about $200 each; 18 games of exciting, fast-paced professional basketball. ABA tickets cost little more than movie tickets and certainly less than tickets to other sporting events and concerts. ABA tickets are great values. What we've found is that many companies buy two or four season tickets and then give them to their employees to use during the season or for promotional purposes. Other companies are including season tickets in their sponsorship packages so that they also get venue signage, on the teams' websites and radio broadcasts.

Season tickets are very important to our teams. One other thing. Our teams also have Group Ticket Sales that provide excellent discounts. Very shortly, we will be announcing a very interesting and unique way to buy season tickets, group tickets and single tickets via the ABA website (www.abalive.com) - probably the easiest, no-hassle way ever to get tickets to a professional game. You will enjoy it.


Oh boy, this is like a fastball in front of Barry Bonds.

Let's all break out the pens and calculators, people.

Let us assume, arguendo, that the average operating budget for an ABA franchise to succeed and thrive is $300,000. The sound of crashes to the floor are from ABA owners who thought they could run the team on $10,000 and a handshake.

$300,000. It might be more, it might be less. Now factoring in let's say $50,000 in sponsors, and maybe another $50,000 on the team owner's AMEX card, that still leaves $200,000 to come from somewhere. That means you've got to find 1000 season ticket holders willing to pay $200 each.

Now considering that the lion's share of ABA teams average 300 warm bodies a night, this leaves the average team 700 season tickets short of breaking even. And that's even considering that 18 games are played; fans would certainly demand refunds and reimbursements for games not played, unless you start rolling out $200 single-game tickets.

And even after that money has been acquired, what's to stop the owner from skipping town with all the loot and leaving the players and fans high and dry? (See Christie, Worth).

And while we're on the subject, what's this about having an ABA ticket portal on abalive.com? Who's going to get to skim money off the top for that one? Man, Crazy Joe's got his hand in so many cookie jars, he must have mixed up his Egg McMuffins with Chips Ahoy.

robster2001
06-23-2007, 11:47 PM
And while we're on the subject, what's this about having an ABA ticket portal on abalive.com? Who's going to get to skim money off the top for that one? Man, Crazy Joe's got his hand in so many cookie jars, he must have mixed up his Egg McMuffins with Chips Ahoy.

The logistical problems before this bright idea are huge...

1. Do all of the teams have venues?
2. Do all of the venues have seating charts?
3. Does his ticket portal have the ability to handle all the seating charts?
4. Does his ticket portal have the ability to transfer tickets from one seating chart to another as teams change venues at the last minute?
5. Does his ticket portal have the ability to handle refunds as teams fold? Oh, wait, there won't be any refunds... never mind this one.

It's going to be interesting to see if this turns out to be anything other than vaporware... and when we get the first reports of abalive.com tickets being refused at ABA games... :)

ABARedWhiteBlue
06-24-2007, 10:37 AM
One advantage to being a long-time ABA observer is that there are few things that we haven't seen before:

http://www.abalive.com/news/releases/?newsid=2005101806001
ABA ANNOUNCES ABAONLINETICKETS.COM - A FAST, NEW WAY TO GET YOUR TICKETS
MyENetworks to Manage Innovative Online Ticket Program

18-Oct-2005
Indianapolis, IN -- The American Basketball Association (ABA) today announced its new online ticket program - abaonlinetickets.com - that will be managed by MyE Networks (Greg Jablonsky -- CEO). The program has been developed exclusively for the ABA by MyE Networks and is the fastest, easiest, and best way to order tickets online. The system is also unique in that a portion of the ticket price will be donated to a charity of the fans choice. The system also reduces substantially the normal transaction charges of online purchases.

MyE Networks CEO Greg Jablonsky stated, "We couldn't be more excited about this program. The ABA is a tremendous organization that is dedicated to one thing - sports and entertainment at affordable prices - and this new online ticket program will make it possible for fans to take advantage of this with the new MyE Networks' online ticket system.

"This new online ticketing system is really innovative," said Joe Newman, ABA CEO. "It provides for superior customer service and a better price point to our fans which was vital to us as we always strive to offer affordable entertainment. Fans will be able to buy tickets from the ABA Web site and most of the teams' Web sites also. And we are pleased to be able to donate a portion of every ticket sold to charity, including Katrina and Rita hurricane relief."

MyE Networks is a technology company based in Denver, Colorado. The company has developed products for the educational, media, business-to-business, business-to-customer and professional sports markets. Products include communication engines that allow an entity to instantly and simultaneously communicate with large groups of people via all vital communication platforms and an online business listing service.

"One of the highlights of this online ticket system is its simplicity. Click to www.abaonlinetickets.com. Pick out your favorite team. Click. All tickets are priced at $12.00 (general admission). Pick you game, pick the number of tickets, pick your charity - and your tickets will be confirmed via email and put at the Will Call window for the game(s) of your choice," added Newman. "This is great."

For more information, e-mail joenewman@abalive.com, greg@myenetworks.com, or visit www.myenetworks.com or www.abaonlinetickets.com.

Since there are what, 5-6 teams tops that are still in the league from when this announcement was made, the ticket program will seem like a 'new' idea to the masses.

Nope, tried and failed already, for a variety of reasons...