$300 to see Kenny Cheney and Tim McGraw? That’s the shitkickingest thing I’ve seen since Elton Britt ran for President in 1960!
If taxpayers pick up the tab for a new sports stadium which later hosts a concert, where does that money go and does the public get a kickback for their investment? That’s a question currently occupying many minds after the first concert at Target Field sold out in only four hours.
FOX 9 News reporter Tom Lyden began looking for the answer after a viewer e-mailed, asking if the team pockets all the profits from the concerts held at the ballpark—but when it comes to the money trail, there are few simple answers with public stadiums.
Baseball may be the game of the summer, but Target Field is now proving that there’s big money to be made beyond baseball. Soon, about 39,000 country music fans will pack the house to see Kenny Cheney and Tim McGraw. Some fans even shelled out $300 per ticket.
So who gets that money? Twins spokesman Keven Smith says he wishes they did, but the concert promoter and performers take in all the money generated at the gate. The Twins keep the concessions cash—but they don’t know how much that will amount to.
“We don’t know how concessions go,” Smith admitted. “We run a baseball team, not a concert venue. Not yet.”
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1. MM1f Posted: December 14, 2011 at 01:20 PM (#4016066)Facepalm.
I'd hate to be the peanut or cotton candy guy in a mosh-pit.
I bet ticketmaster gets the biggest cut.
And of course there's no charge for use of the venue. :-) Somebody's getting paid by the concert promoter for crying out loud.
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