Where Has The Money Gone?September 15th, 2009
Joe Henderson has an interesting rhetorical question in his column this morning about how, when the Bucs wear throwback uniforms against the Packers later this year, it may be a throw back in more ways than one.
In short, the always thought-provoking Tampa Tribune columnist asks, where has the cash gone despite the Bucs (still) having a long streak of sold out games?
A quick look at their Web site Monday showed good seats still available for the Giants game, priced from $79 to $115 (I think with the highest-priced tickets, you get to throw three long passes at Sabby Piscitelli). Parking is an absurd $25 on top of that.
We haven’t even mentioned that the Bucs are an estimated $30 million under the salary cap, so it begs the question of just where the money went. We can say for sure it wasn’t invested in safeties.
Joe (of JoeBucsFan.com) also seems to be under the belief the cash from TV contracts is a bit higher than when the CITS first opened. So the question Henderson raises is a good one.
If the Bucs are so far under the cap, games (for now) continue to sell out and TV income (among other revenue streams) are up, what has happened to all of that river of cash?