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PEBA is a $5 Billion Dollar Industry - State of the League Finances 2032

Posted: Thu Mar 04, 2021 3:17 am
by Sandgnats
CRYSTAL LAKE HERALD

SPORTS – GNATS NOW
PEBA is a $5 Billion Dollar Industry - State of the League Finances 2032
Updated: December 11, 2032 – 1:39 PM

By Howard Heskin, Gnats Beat Writer and ESPN PEBA Correspondent – Twitter @HowardHeskin1

GM RJ Ermola of the Crystal Lake Sandgnats, who is also the finance director of PEBA, presented a virtual zoom meeting regarding the state of PEBA league finances today from the Gnats' training center on the Italian island of San Pietro. Typically, there is no interest during this yearly meeting, but with an on going labor dispute and present negotiations regarding PEBA's media deal there were over 1,000 players, team staff members and media members in attendance. Notably, Florida Farstriders Owner Drew Streets appeared filtered as a penguin wearing a suite.

"First off I want to congratulate all organizations for increasing revenues four years in a row. This year PEBA revenue closed the books at $5.287 Billion for the season," stated RJ Ermola to begin the meeting. "The Ghosts and Knights were a net positive to the league - not only did both these organizations expand our sport entertainment market share, but most of our teams expanded their attendance and grew revenues" stated Ermola. "With negotiations on going it is looking like our media partners will certainly need to pay more to maintain rights to broadcast PEBA games on their platforms. Additionally, our standard deviation in revenue between organizations has fallen to a 7 year low."

For reference - In 2028 PEBA lost its appeal to void its current media deal contract as the result of an auto-renewal of the current deal when Harry Castle alleged he was just downloading the contract on his Gmail account when a home-run hit by George Lee struck his ipad. As a result of the 4th circuit ruling the PEBA media deal was held valid for another 4 seasons.

Given the recent propensity of Castle and Co. to trip over their own feet, it wouldn’t surprise me if the league wanted to insert the heft of the American government into negotiations with the union headed by the President's son about how to proceed with simultaneously negotiation a labor deal. With President Duane Johnson taking the side of the Union, Castle's strategy has been to absolve itself of villain status from both the players and the fans by using the President to negotiate with media partners while at the same time promising an increase in revenue share to the players.

Player's Union President, Brandon Johnson was pleased with today's news. While he would not give a formal statement regarding his recent retirement as an active player, rumor is it that the player's union will be demanding an increase to minimum salaries and other contract related concessions as a percentage of revenue gained from media contract deals.

In regards to other data, Ermola shared:

League Revenue: $5,287,583,516
League Expenses $5,033,226,565

Highest Revenue: Shin Seiki - $268,012,011
Lowest Revenue: Charleston - $116,729,369

Average Revenue $176,252,784
Median Revenue $169,038,520

Standard Deviation in Revenue - $41,476,932 lowest since 2025

Net Standard Deviation in Revenue after revenue sharing - $28,619,083

Largest Percentage Increase in Revenue 2031 to 2032:
1. Amsterdam 20.38%
2. Neo-Tokyo 16.54%
3. Duluth 14.23%
4. Kalamazoo 14.17%
5. Florida 10.70%

Largest Percentage Increase in Expenses 2031 to 2032:
1. Kalamazoo 51.15%
2. Okinawa 28.57%
3. Hartford 20.00%
4. Manchester 17.57%
5. Fargo 12.07%

Largest Decrease in Revenue 2031 to 2032:
1. Kentucky -13.71%
2. Bakersfield -12.36%
3. San Juan -10.20%
4. Canton -8.63%
5. Palm Springs -8.23%

Largest Decrease in Expenses 2031 to 2032
1. Duluth -29.44%
2. Florida -24.77%
3. Palm Springs -19.79%
4. Scottish -17.92%
5. Arlington -15.20%

Re: PEBA is a $5 Billion Dollar Industry - State of the League Finances 2032

Posted: Thu Mar 04, 2021 2:07 pm
by Leones
I must have missed Duane Johnson's appointment as Pres. That was a good chuckle. :)

Re: PEBA is a $5 Billion Dollar Industry - State of the League Finances 2032

Posted: Thu Mar 04, 2021 4:40 pm
by Arroyos
Here's an interesting set of numbers, but I don't quite understand them. They seem to be about money, a concept I've never quite grasped. Could someone explain how they relate to batting average, ERA or WAR?

Re: PEBA is a $5 Billion Dollar Industry - State of the League Finances 2032

Posted: Thu Mar 04, 2021 5:00 pm
by Borealis
Arroyos wrote: Thu Mar 04, 2021 4:40 pm Could someone explain how they relate to batting average, ERA or WAR?
Absolutely Nothing

The link is worth a look - it's not the original, but Bruce's pre-song commentary struck a chord, as I recall being that young child in the 60's and watching the first televised war...

Re: PEBA is a $5 Billion Dollar Industry - State of the League Finances 2032

Posted: Fri Mar 05, 2021 2:29 am
by Sandgnats
Borealis wrote: Thu Mar 04, 2021 5:00 pm
Arroyos wrote: Thu Mar 04, 2021 4:40 pm Could someone explain how they relate to batting average, ERA or WAR?
Absolutely Nothing

The link is worth a look - it's not the original, but Bruce's pre-song commentary struck a chord, as I recall being that young child in the 60's and watching the first televised war...
ha!