N.C. Sen. Bob Rucho questions Panthers ticket increases

[top dawg]

I am sure that if I lived in Charlotte, I would be charmed like a cobra mesmerized by a snake charmer by the thought of putting down my hard earned bucks to attend Panthers games, despite the Panthers FO's seemingly unnecessary price increases that come each season, just as sure as the sun comes up in the morning.  These cost-of-being-a-Panthers-fan increases are the antitheses of cost of living increases that have a difficult time just transcending pure rhetoric in today's economy.    

 

Senator Bob Rucho has questioned why his ticket prices keep increasing, notwithstanding tax breaks given to the team.

 

“I told (Panthers president Danny) Morrison this the other day: I said, ‘You know, we lowered your corporate taxes, we lowered the (personal) income tax, we cleaned up the issue of what was a (3 percent gross-receipts) tax embedded into my Panther tickets and yet for the last two years I’ve increased (my payments because of higher prices),’ ” Rucho told me. “‘Explain to me why that is.’”

 

 

The Panthers are blaming the increases on the sales tax of sport and entertainment tickets.  It doesn't sound like Rucho is totally happy with that nebulous answer.

 

It's not a mystery, senator. I just chock it up as an offshoot of the disingenuous theory of trickle down economics, Mr. Rucho. The rich get richer, and the working man gets screwed.  ...

[caatfan]

What's the matter Bob? Don't like being on the other end of the stick for a change? 

[SCP]

I'll bet he's one of the ass hats that sells his tickets to opposing fans. He's pissed because his Stub Hub profit margin was stung a bit

[KSpan]

Maybe because the team made the playoffs for the first time in consecutive years, appears to be on a big upswing and has arguably more young starpower than ever before?

[Montsta]

Lol at a politician asking about increases for anything. fuging scumbags.

[GRWatcher]

1995: $50.00 per seat per game

2015: $120.00 per seat per game (not including almost $100.00 in handling fees & sales tax for 2 seats)

 

 

I'd say more than a cost of living thing. Product of supply & demand ..... or greed.

 

Pie for your "It's not a mystery, senator. I just chock it up as an offshoot of the disingenuous theory of trickle down economics, Mr. Rucho. The rich get richer, and the working man gets screwed." comment.

[Anybodyhome]

Maybe because the team made the playoffs for the first time in consecutive years, appears to be on a big upswing and has arguably more young starpower than ever before?

 

If that was the case, where are the decreases when the team sucks like a Hoover? We have more of those seasons (and actually got ticket price increases following horrible seasons) than the good ones, yet we've never gotten a refund or price reduction. 

[Davidson Deac II]

1995: $50.00 per seat per game

2015: $120.00 per seat per game (not including almost $100.00 in handling fees & sales tax for 2 seats)

 

 

I'd say more than a cost of living thing. Product of supply & demand ..... or greed.

 

Pie for your "It's not a mystery, senator. I just chock it up as an offshoot of the disingenuous theory of trickle down economics, Mr. Rucho. The rich get richer, and the working man gets screwed." comment.

 

Salary cap in 1995 - 37 million

Salary cap in 2015 - 143 million

[ecu88]

Salary cap in 1995 - 37 million

Salary cap in 2015 - 143 million

Luxury jobs become more luxurious

How much should an athlete make to the standard blue collar/average worker? Is an athlete more valuable to society then the blue collar/average worker?

[CarolinaSock]

Salary cap in 1995 - 37 million

Salary cap in 2015 - 143 million

The salary cap goes up in direct proportion to their profits, it has no effect on ticket prices. You want to argue increases for taxes, inflation, etc you'd at least have an argument for some increases.

[ecu88]

The salary cap goes up in direct proportion to their profits, it has no effect on ticket prices. You want to argue increases for taxes, inflation, etc you'd at least have an argument for some increases.

Supply and demand

[blackcat]

If he's so pissed, he should quit buying them.  I know I'm not forced into buying my tickets, maybe I'm the exception.

 

[blackcat]

Supply and demand.  if people are WILLING to pay the prices, raise em up!   It's called 'business'.

 

[t96]

Luxury jobs become more luxurious

How much should an athlete make to the standard blue collar/average worker? Is an athlete more valuable to society then the blue collar/average worker?

 

 

Supply and demand

 

Answered your own question.