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Long term arena building and revenue

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This Post:
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272768.79 in reply to 272768.78
Date: 8/27/2015 9:18:24 PM
Overall Posts Rated:
370370
I don't know. I'm still getting my head around how someone can promote, make playoffs in the first season at that level, then demote the next season and still support the idea of "opportunity cost" as a good thing.

Try again. No one says opportunity cost is a "good" thing. All I've done is try to explain it to some people who obviously don't understand it. Add one more to the list, eh?

Last edited by Mike Franks at 8/27/2015 9:20:17 PM

This Post:
11
272768.80 in reply to 272768.79
Date: 8/27/2015 9:42:20 PM
Arizona Desert Storm
III.1
Overall Posts Rated:
11251125
No one says opportunity cost is a "good" thing. All I've done is try to explain it to some people who obviously don't understand it. Add one more to the list, eh?


You sound like a kid who learned a cool concept in school and now tries to apply it so you sound like you know what you are talking about...LOL Even though, the concept is largely outdated, and/or a minor part of the overall topic or issue.

And before you attack me as being ignorant about the concept or anything silly like that...I was a Stock Broker for 6 years...so i know all of the cool economic terms and principles too LOL

This Post:
00
272768.81 in reply to 272768.80
Date: 8/27/2015 9:54:17 PM
Overall Posts Rated:
370370
So then maybe a GM who claims to understand it ought to help others instead of making such a silly post trying to mock me, eh?

This Post:
33
272768.82 in reply to 272768.81
Date: 8/27/2015 9:59:06 PM
Arizona Desert Storm
III.1
Overall Posts Rated:
11251125
So then maybe a GM who claims to understand it ought to help others instead of making such a silly post trying to mock me, eh?


I think I have made it I clear I believe you are clueless.

This Post:
11
272768.83 in reply to 272768.79
Date: 8/27/2015 10:55:16 PM
Overall Posts Rated:
117117
Try again. No one says opportunity cost is a "good" thing. All I've done is try to explain it to some people who obviously don't understand it. Add one more to the list, eh?


"The cost of an alternative that must be forgone in order to pursue a certain action. Put another way, the benefits you could have received by taking an alternative action."

I understand perfectly what you're saying. Don't buy seats you can't fill and use that money to promote. That is why you were unsustainable. That is why the alternative action you promote has proven to come at a negative cost to you. That is why multiple people are explaining that to you.

This Post:
55
272768.84 in reply to 272768.83
Date: 8/28/2015 12:52:11 AM
Overall Posts Rated:
178178
One way this could be summed up. Look at what league Mike Franks is in, and then look at the leagues of those arguing with Mike Franks. Game, Set, Match.

This Post:
00
272768.85 in reply to 272768.83
Date: 8/28/2015 1:52:28 AM
Overall Posts Rated:
370370
Try again. No one says opportunity cost is a "good" thing. All I've done is try to explain it to some people who obviously don't understand it. Add one more to the list, eh?

"The cost of an alternative that must be forgone {buying a player} in order to pursue a certain action {buying empty seats}. Put another way, the benefits you could have received by taking an alternative action."

I understand perfectly what you're saying.
LOL, I understand perfectly that you can cut and paste. But if you understood, you wouldn't have thought anyone was calling it a "good thing." And you wouldn't still be unable to repeat what I said.

You all crack me up.

Always remember,
2. Build as much as you can as fast as you can.


Last edited by Mike Franks at 8/28/2015 2:27:59 AM

This Post:
33
272768.86 in reply to 272768.85
Date: 8/28/2015 3:04:42 AM
Overall Posts Rated:
117117
You're correct. I have never heard of the term "opportunity cost" and until I realized that it was a term, and I had no idea it meant anything other than what the words mean individually. Rather than continue to debate something I didn't fully understand, I took 10 seconds of my time to research it. Once I did I realized that you have even less idea of the point you are arguing.

You failed because you chose to invest on your roster before getting your finances in check. Now you are preaching that it is foolish to do anything differently to the tune of finding it laughable that more experienced (and more successful) managers would disagree with you. They are where they are for a reason. It's the opposite of why you're at square one.

I can except I don't know everything so I can process information. If you could do the same this thread would have been useful to you.


This Post:
11
272768.88 in reply to 272768.79
Date: 8/28/2015 11:15:11 AM
Overall Posts Rated:
32293229
I don't know. I'm still getting my head around how someone can promote, make playoffs in the first season at that level, then demote the next season and still support the idea of "opportunity cost" as a good thing.

Try again. No one says opportunity cost is a "good" thing. All I've done is try to explain it to some people who obviously don't understand it. Add one more to the list, eh?


The counterpoint is that the opportunity cost of prioritizing spending enough to win your current league is twofold. First, you'll end up in a higher level league without the financial ability to spend as much on weekly salaries as those who invested more into arena building. That's something that eventually evens out. Second, and more important, you lose out on the very valuable experience of learning how to compete and win while spending less than your opposition, which is probably the only way to success if you're not going to accumulate massive amounts of cash.

But the easiest way to look at it is this: if you can't afford to compete at a given level while spending money to improve your arena, how are you going to be able to afford at a higher level with the same arena (which puts you at a further economic disadvantage) when teams that do have more finished arenas can outspend you? The answer to that question is one you'll find through some reflection or perhaps you never will and you'll always be in the cycle of winning here, not being able to compete there.

This Post:
00
272768.89 in reply to 272768.88
Date: 8/28/2015 11:32:33 AM
Overall Posts Rated:
1010
So... Baseline recommendation of seat numbers for a DIV team? (Can't really judge off the teams in my division since they've been pulling for a while and have been in D2 / D3 at points in time)

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