The PBA is asking host centers to put up $350,000 to hold a PBA event in their center, with the PBA keeping the TV
rights. The host center basically gets to keep any revenue coming in from pro-ams and gate entries. This is the new deal
in a nutshell. However, who is going to take this deal
I'm not a bowling center proprietor, and I've never owned a buisness, so maybe there is a dynamic here I am missing, and I am perfectly willing to admit that. However, I just don't see how a proprietor could make back $350,000 on a PBA event, much less turn a profit, and if a center knows in advance they'd never be able to get their money back, why would they want to host a tournament? The logical route to go is to secure sponsors, and post their banners at the center. But even if you secure 100 sponsors, they'd have to put up $3500 a piece, I think even the major cities like Chicago and New York would have trouble finding 100 sponsors at $3500 a pop. Then you'd need a very successful pro am to get any kind of a profit.
That's about the only ideas I can come up with, if anyone has any other ideas on how to make hosting a PBA stop not sound like financial suicide, I'd love to hear them.