Hello,
I recently worked in Israel for a few months and had the pleasure of attending a Ra'anana women's basketball game while there.
I am also a student studying the business of sport and had a question about that team and women's basketball in general.
I noticed that all fans got into the game for no charge, so I was wondering if you had any idea how the Ra'anana municipality/owners of the team manage to pay for payroll costs.
I assume these costs average $35000 US per player, so given that this is approximately $400 000 US for the entire team, how does this manage to work out to everyone's benefit?
I imagine based on the 200-300 people that attended the game I was at in Ra'anana last year (vs. Deanna Nolan and Anda Ramat Hasharon), sponsors and the broadcast rightsholders would not pay very much.
My estimate would be that the city/Israeli government pays at a minimum 75% of these costs, which ends up being quite substantial based on the level of interest from fans.
I wonder how they can justify this large cost.
Thanks for your help (Todah Rabah)!
I recently worked in Israel for a few months and had the pleasure of attending a Ra'anana women's basketball game while there.
I am also a student studying the business of sport and had a question about that team and women's basketball in general.
I noticed that all fans got into the game for no charge, so I was wondering if you had any idea how the Ra'anana municipality/owners of the team manage to pay for payroll costs.
I assume these costs average $35000 US per player, so given that this is approximately $400 000 US for the entire team, how does this manage to work out to everyone's benefit?
I imagine based on the 200-300 people that attended the game I was at in Ra'anana last year (vs. Deanna Nolan and Anda Ramat Hasharon), sponsors and the broadcast rightsholders would not pay very much.
My estimate would be that the city/Israeli government pays at a minimum 75% of these costs, which ends up being quite substantial based on the level of interest from fans.
I wonder how they can justify this large cost.
Thanks for your help (Todah Rabah)!
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