Sixers Sale Update - Dome Restrictions?
All 3 of the bidders only want the Dome if some of the council restrictions are taken off. Meaning they want to be able to have concerts.
Anyone wanting to buy that just for Basketball would make a major mistake as the running costs of the Dome are around $350,000 per year plus an estimated $3.7M needs to be spent on it over the next 10 years to keep the place going.
So in total that's over $700,000 per year. Even if Social can make $200,000 a year, that leaves $500,000 / 16 games = $31,000 per game.
Even with an average crowd of 6000, works out to be over $5.00 per ticket.
Yes you can get the $60,000 from DH for naming rights, but wow the Government will have trouble selling this HUGE WHITE ELEPHANT.