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This Post:
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162151.1
Date: 10/24/2010 2:55:32 AM
Overall Posts Rated:
522522
What is yours?

Total cash reserves: $ 23 430
Available cash after bids: $ 23 430

This Post:
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162151.2 in reply to 162151.1
Date: 10/24/2010 3:41:25 AM
Overall Posts Rated:
194194
Total cash reserves: $ 270 029
Available cash after bids: $ 270 029

I've never had my total cash reserve over $1300k :P

This Post:
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162151.3 in reply to 162151.2
Date: 10/24/2010 3:59:58 AM
Overall Posts Rated:
522522
You will everntually! :P
I've never been below 500k in debt...yet :P

This Post:
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162151.4 in reply to 162151.2
Date: 10/24/2010 7:03:21 AM
Overall Posts Rated:
404404
If you enlarge your palace,you will easily go over 1300k...7000 seats is pretty pretty small for your palace,you are in a I division!

This Post:
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162151.5 in reply to 162151.4
Date: 10/24/2010 7:22:00 AM
Overall Posts Rated:
194194
lol palace :P I know you mean arena. Yes I only joined at the end of season 12, so my arena is still very small. But this for the rest of the season, I'm going to concentrate on expanding my arena. After 6 days (supposedly), I'll have 500 courtside seats (maximum which can be built). Then I'm going to spend all my income until I have 50 luxury boxes (again, maximum which can be built). I'm planning to do this so that my net income increases a lot. Then I'll start focusing on building lower tier and bleachers.

This Post:
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162151.6 in reply to 162151.5
Date: 10/24/2010 9:46:43 AM
The In Your Face Dunkers
IV.3
Overall Posts Rated:
117117
Leave luxury boxes, 15 will be enough for a while. Focus on cheaper seats, you'll get much more money this way.

This Post:
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162151.7 in reply to 162151.6
Date: 10/24/2010 10:14:28 AM
Overall Posts Rated:
102102
Problem is, that it takes much longer to build cheap seats in a significant number, especially the bleachers. So I think his plan is not that bad. Though i agree, bulding 50 luxury boxes right away is a bad idea.

This Post:
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162151.8 in reply to 162151.7
Date: 10/24/2010 11:06:03 AM
Overall Posts Rated:
194194
Hmm ok. Well what I thought was that since I'm in div I, I can pretty much sell all the expensive seats provided the prices are reasonable. I thought that way I can make more money quickly than wait for lots of bleachers to be built.
But I guess i'll build bleachers and lower tier too but I'd still want to give more focus on luxury boxes.

This Post:
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162151.9 in reply to 162151.8
Date: 10/24/2010 11:14:58 AM
Overall Posts Rated:
959959
i think balckeagle is right, you get your investment faster(because you could sell on relativ high prices, where you have to sell cheap when you have 50 Vip boxes) back when you start with the cheap seats and this way you faster make profits which also leads to a faster finished arena(with 50 VIP and lot of cheaper seats).

This Post:
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162151.10 in reply to 162151.8
Date: 10/24/2010 12:38:38 PM
Overall Posts Rated:
102102
You're right, but since you have to lower the prices to sell out all the luxury boxes, the extra profit you generate shrinks with each extra seat. So while it is a good idea to start with the boxes (because they're build fast), you should switch to another category when you have about 30. Then I suggest building the 500 courtside eats (or you start with them as you originally suggested), those are sold out pretty easily. And only then you begin bulding lower tier and bleachers.
So I mostly agree with your plan, except for maxing out the luxury boxes.

This Post:
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162151.11 in reply to 162151.10
Date: 10/24/2010 1:05:02 PM
Overall Posts Rated:
194194
I'll have 500 courside seats within 6 days (supposedly but i bet it will take longer because it always does in my case).
Ok, as you and Mod-CrazyEye suggested, I'll build luxury boxes to until I have about 30-35 and then also focus on lower tier and bleachers.
According to my calculation to build another 25 luxury boxes I need $400k ($400k needed to have 50 luxury boxes). I actually think it's not much. My net income is about $280k atm and i have $270k with me, so after my next home game, I can build 25 luxury boxes. It is true that I'll then have to reduce the price but overall I think I can still make more profit. So basically after investing $400k next week to build those luxury boxes, I can pretty much concentrate on lower tier and bleachers for the rest of the season. Doesn't sound a bad plan to me :)