Menu
Facilities

MLS Dynamo See Revenues Nearly Double With New BBVA Compass Stadium

The MLS Dynamo after "six years of playing at Robertson Stadium" are “bringing in cash at a franchise-record pace” with their new BBVA Compass Stadium, according to Jose de Jesus Ortiz of the HOUSTON CHRONICLE. Dynamo President Chris Canetti said that with Dynamo Soccer LLC and Dynamo Stadium LLC “taken into consideration, revenues have essentially doubled from last year.” Former Astros Owner Drayton McLane said, "It changes everything when you move to a great new facility. ... It gets people excited. People that have not been going to Dynamo games start coming to games.” The Dynamo have “traditionally averaged around 17,000 fans per game,” but this year they are “optimistic about selling out the team's 20 games in the 22,000-seat stadium.” The season-ticket base has “gone from around 5,000 last year to more than 10,000 with five weeks until the stadium opens.” Canetti hopes to “sell 12,000 season tickets this year, which would rival the Astros and Rockets' season-ticket bases.” The Dynamo “had not engaged in any seven-figure business partnerships other than the jersey sponsorship with Houston-based recycling company Greenstar” before this year. Now at BBVA Compass Stadium, the team has “seven founding partnerships worth at least $1 million locked into either three- or five-year contracts.” Canetti said that he “expects to end up with 10 founding partnerships” (HOUSTON CHRONICLE, 4/5). Ortiz noted Canetti “beams when he shows off the latest pictures from BBVA Compass Stadium, which is coming along quite nicely heading into the May 12 opener.” Canetti said, “Everything’s on target.” The team is scheduled “to hold their first practice at the stadium” on May 5, which will also “be open to season-ticket holders.” Stadium employees “will be allowed to move into the south building on April 16” (CHRON.com, 4/4).

SBJ Morning Buzzcast: May 10, 2024

Start your morning with Buzzcast with Austin Karp: A very merry NFL Christmas on Netflix? The Braves and F1 deliver for Liberty Media investors; the WNBA heads to Toronto; and Zelle gets in on team sports sponsorship.

Phoenix Mercury/NBC’s Cindy Brunson, NBA Media Deal, Network Upfronts

On this week’s pod, SBJ’s Austin Karp chats with SBJ NBA writer Tom Friend about the pending NBA media Deal. Cindy Brunson of NBC and Phoenix Mercury is our Big Get this week. The sports broadcasting pioneer talks the upcoming WNBA season. Later in the show, SBJ media writer Mollie Cahillane gets us set for the upcoming network upfronts.

SBJ I Factor: Molly Mazzolini

SBJ I Factor features an interview with Molly Mazzolini. Elevate's Senior Operating Advisor – Design + Strategic Alliances chats with SBJ’s Ross Nethery about the power of taking chances. Mazzolini is a member of the SBJ Game Changers Class of 2016. She shares stories of her career including co-founding sports design consultancy Infinite Scale career journey and how a chance encounter while working at a stationery store launched her career in the sports industry. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Daily/Issues/2012/04/05/Facilities/Dynamo.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Daily/Issues/2012/04/05/Facilities/Dynamo.aspx

CLOSE