The Real Reason NFL Stadiums Have So Many Luxury Suites 

The answer was "money." I got it right! This was mostly a "sun rises in the east" video.

My guess would’ve been that it’s because the NFL has only 8-9 home games per team instead of 41 or 81 like NBA, NHL and MLB. Meaning they need to generate more revenue per game by way of selling more high dollar suites. Interesting to learn that revenue from normal tickets is shared but earnings from suites and other premium spaces are not.

0:33 the Roman Empire comes back again.😂

After the Astrodome, two other stadiums in Texas pioneered luxury suites: the Dallas Cowboys' Texas Stadium in 1971, and the Houston Rockets' Summit in 1975. The Louisiana Superdome also boasted suites when it opened in 1975, and the Astrodome itself would get new suites (dubbed Star Columbia) when it was renovated in the '80s. However, Dallas's Reunion Arena was built in 1980 without suites, and that would lead the Mavericks and Stars to eventually demand a new arena.

A few months after I started working for a major NYC international bank, in 1974, I was given two tickets to the bank’s luxury suite at Madison Square Garden, to see the Knicks. The young lady I took with me was big time impressed.

It is refreshing seeing old stadiums stay alive with few suites, accommodating the regular fans better in the face of making more money

The problem is there isn’t the 60 40 revenue sharing with the suites. That would curtail luxury suites in NY, Santa Clara, LA, Texas, Miami. No one is paying $40k to watch a game in Jacksonville.

You didn't mention how often these suites are given away as bribes, I mean, gifts to clients... A lot of the money is for greasing the wheels of business and it can often be very questionable and unethical.

Rip the palace. Remember going all the time as a kid.

Love this video! Great to see the improvement!

$450k a year sounds cheap, i wonder does it give you access to all events, if it does a luxury box can comfortably host about 12 people and considering year round events. It is a pretty good price, not sure if this the updated price or price for the Palace when it first open.

I hate new stadiums and their suite focused design. imo the modern NFL stadium was started with AT&T stadium with its steep levels that include so many suites and their field level stuff that surrounds the field. The Palace may have had a lot of suites but the way they incorporated them was so there wasn’t a bad seat in the arena. These new stadiums and their abundance of suites not only ruins the look of the stadium but also the normal fan experience. sorry for the lil rant but this was a cool video, it’s cool to know that other ppl have also been noticing this

Wow great video, I found out a good few things

Money. It’s also the Disneyland effect. Disneyland isn’t technically for one majority of class income demographic. It’s sets its prices to a medium where their prices appeal to upper-middle class people. Football stadiums also appeal to these demographic becuase they know they’ll pay

This is great stuff!

Only a brief mention of government/taxpayer money involved? Los Angeles did not have a NFL team for quite a while as the City of L.A. refused to cough up funds or concessions to the league. The Rams owner finally built So-Fi stadium, but its in the smallish neighboring City of Ingelwood on the site of an old horse racing track, and I'm not sure what the city 'gave away' to get it built there. The Clippers (NBA) are building their own arena nearby, not sure of the financials on that either, but a recent TV program showed it will be loaded/saturated with luxury boxes and internet-connected systems monitoring your every move.

I really wanna know how the luxury seat is ruining the average seats "experience"? Because they now know what theyre missing out on?

Great video!

$200 for the worst seat at a Rams game???

Cool video, but my dude, the selfie shots at the end could use some stabilization love. May I suggest a nice Samsung phone?

I watched the entire video waiting for a surprise "real reason".

Business bro just "Business!"🎉

Anyone who watches sports behind glass isnt a real fan.

Can't help but think about that if luxury suites keeps growing but stays removed and unattainable, it ultimately fuels the wealth gap and resentment between the classes

If you have 60,000 seats, and 1.2m fans. Then the more expensive the seats the more money you make. People will always show up. If people stop showing up, charge more, reduce the seats, add buffets and sofas, call it an exclusive luxury experience and you don't need to sell as many seats to make the same amount of money. At the same time, the people who can afford the seats are the sort of person who'll buy the seats so they can use them when they want them, but most the time they'll sit empty. The 0.1% have so much shit, it's impossible to appreciate. Several houses in multiple countries, hundreds of luxury cars, yatchs, jets, reservations at luxury restaurants, luxury suites. You and I are stumping up $200 for the one ticket in the rafters, once a year as a special treat or experience. They're dropping $50k on a suite in case they're in town when a football game is on.

Can these boxes be written off on your taxes?

Tottenham has the best suite package in the world! COYS!

Because fans local fans don't matter enough to revenue

Was sure this was click-bait. Happy to be wrong. Well done.

I hope laws are passed that NFL is banned using taxpayers money to build a places that has more then 10 luxury seats. If they want to build a luxury stadium they can pay for it themselves.

Money, money, money.

Average ball in play time in NFL is 12 minutes out of a 60 minute game. Way too many commercials and stoppage of play.

Because people like me love sports but hate idiots.

I can't be mad at it. These suckers paying 10 grand for a suite is subsidizing my seat.

This assumes that the only sports are american, whilst the rest of the world plays real sport, in real stadia, where exec boxes pay huge amounts of cash into the team without using up too much space. This is an american issue based on your own social issues and flaws. Compete with the rest of us, in real sports, and come and see how its done.

Money

Surprisingly rich white people not listed ....

No thanks....

captain obvious video. should have been a 30 sec video.

Algorithm

ill stream illegally for free from home

pay to win.

fwiw, it's just MLB, not The MLB

Meh, I won't ever attend a Game, Not worth the price to go watch a bunch of millionaire crybabies throw a ball around.

Should be the shortest video ever.....MONEY!!!!!! 10 seconds long tops

Because Corporations use tax write offs to fund, so you and are are the ones really footing the bill for the fat cats who aren't real fan anyways.

MAGA

Money