Close Menu
Actionable Strategic Planning
  • Home
  • Business Strategy
  • Action
  • Business
    • Business Planning
  • Cycle
  • Invest
  • Vision
    • Steps
  • Shop

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

What's Hot

AI Investment: Dollar, Deployment, and Downside

May 9, 2025

Give up your growth obsession and focus on profits

May 9, 2025

Changing champions by building personal connections

May 8, 2025
Facebook X (Twitter) Instagram
  • Home
  • About Us
  • Advertisement With US
  • Contact US
  • DMCA Policy
  • Privacy Policy
  • Terms of Service
Facebook X (Twitter) Instagram Pinterest Vimeo
Actionable Strategic Planning
  • Home
  • Business Strategy
  • Action
  • Business
    • Business Planning
  • Cycle
  • Invest
  • Vision
    • Steps
  • Shop
Actionable Strategic Planning
Home » Phillies understand how contract time impacts business plans
Business Planning

Phillies understand how contract time impacts business plans

adminBy adminFebruary 5, 2024No Comments2 Mins Read0 Views
Share Facebook Twitter Pinterest LinkedIn Tumblr Email WhatsApp Copy Link
Follow Us
Google News Flipboard Threads
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link


The signings of Trea Turner (left) and Bryce Harper immediately enhanced ticket sales and marketing opportunities for the Phillies. Getty Images

Front office departments outside of baseball operations will also feel the effects of the slowdown in free agency. The Philadelphia Phillies provide an example of how that impact can be addressed.

In 2019, superstar slugger Bryce Harper signed a 13-year, $330 million contract on March 2nd. After the 2022 season, shortstop Trea Turner signed a similar contract (11 years, $300 million) three months earlier, on December 8, 2022.

“If you're the vice president of domestic ticket sales, you're going to sign up for an early sign-up,” said John Weber, Phillies senior vice president of ticket operations and projects. “But the person buying the ticket has to adapt to any situation.”

In general, if there's a potential benefit to signing early, it's that you can generate more season ticket sales, as well as significantly more single-game sales. For example, Turner's contract was felt more on the team's season ticket basis, which increased by about 5,000 during the offseason he joined. Meanwhile, Harper's contract increased sales for individual games more intensively, with approximately 350,000 tickets sold in the first week of March of that year. But Harper and Turner were both highly coveted in free agency, making them game-changers in the entire realm of ticket sales.

On the marketing side, there are certain limitations when signing free agents late. For example, bobbleheads require months of advance notice and execution before being distributed as game day giveaways. However, Michael Harris, the Phillies' vice president of marketing and new media, said that even though he officially spent nearly three more months with Turner, there were no marketing-related changes the team could not make with Harper. He said he couldn't think of a better example of activation than with Turner. He was signed ahead of his debut season in Philadelphia.

“Fundamentally, the overall strategy hasn't changed,” Harris said. “Television commercials, digital billboards, social media content, all of this can be done quickly and almost instantaneously on demand, given how digital and technology-centric our world is,” Harris says. “That doesn't suggest it's a desirable or ideal scenario. But our job is to strike while the iron is hot, regardless of the timing or circumstances.”





Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email WhatsApp Copy Link
admin
  • Website

Related Posts

Business Planning

XYZ Manufacturing Plant Business Plan, Cost Detail Report

July 30, 2024
Business Planning

Sulfuric acid manufacturing plant establishment report 2024:

July 30, 2024
Business Planning

Optical Lens Manufacturing Factory Establishment Report 2024: Business

July 30, 2024
Business Planning

Registration Opens for 2024 KeikiCo Business Plan Contest: Maui Now

July 27, 2024
Business Planning

Battery Recycling Plant Project Report 2024: Business Plan,

July 26, 2024
Business Planning

Business plan idea competition for aspiring entrepreneurs

July 26, 2024
Add A Comment
Leave A Reply Cancel Reply

Top Posts

Understanding the Industry Lifecycle: Phases and Examples

December 13, 2023387 Views

Nike Mission Statement | Vision | Values ​​| Strategy (2024 Analysis)

March 20, 2024294 Views

Netflix Mission and Vision Statement

June 22, 2023263 Views

McDonald's Mission Statement | Vision | Core Values ​​(2024 Analysis)

March 22, 2024233 Views
Don't Miss

Profit with purpose: How women-inclusive business practices drive small business success

By adminJuly 18, 20240

Can inclusive investments boost local private sector growth? Small businesses are powerful engines of economic…

Building Business Partnerships Fit for the Future: A Renewed Vision for Business Action on Poverty, Inequality and Climate Change – Partnerships

June 13, 2024

City launches new business promotion program | Department of Commerce

June 11, 2024

12 Tips for Building an Effective Business Website

June 7, 2024

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

About Us
About Us

Welcome to Actionable Strategic Planning!

At Actionable Strategic Planning, we believe in empowering businesses to thrive through effective strategic planning and execution. Our mission is to provide valuable insights, tools, and resources that enable organizations to develop actionable strategies and achieve their goals with confidence.

Facebook X (Twitter) Pinterest YouTube WhatsApp
Our Picks

AI Investment: Dollar, Deployment, and Downside

May 9, 2025

Give up your growth obsession and focus on profits

May 9, 2025

Changing champions by building personal connections

May 8, 2025
Most Popular

New research shows that a business plan doubles your chances of success

June 20, 20100 Views

Pepsi and Peep bring back marshmallow cola

February 16, 20230 Views

Michael Jordan donates record $10 million to Make-A-Wish

February 16, 20230 Views
© 2025 actionablestrategicplanning. Designed by actionablestrategicplanning.
  • Home
  • About Us
  • Advertisement With US
  • Contact US
  • DMCA Policy
  • Privacy Policy
  • Terms of Service

Type above and press Enter to search. Press Esc to cancel.