Posted on: December 13, 2022, 01:41h.
Final up to date on: December 13, 2022, 04:12h.
The 2022 Las Vegas Raiders season seems to be a bust, because the 5-8 workforce is an NFL postseason lengthy shot. However the franchise’s dwelling venue had an unforgettable yr.
A sold-out Allegiant Stadium throughout one among BTS’ Las Vegas reveals in April 2022. Allegiant Stadium bought extra live performance tickets than some other stadium on this planet this yr. (Picture: Getty)
Allegiant Stadium was constructed simply west of the Las Vegas Strip and I-15 at a value of $1.9 billion. The partially tax-funded growth is paying off for the Las Vegas Stadium Authority, the stadium’s proprietor that’s managed by the Clark County Authorities.
In line with Pollstar, a number one publication within the stay music trade, no stadium generated extra live performance ticket income than Allegiant did in 2022. The media outlet says Allegiant live performance gross sales totaled roughly $178.8 million this yr, simply besting the runner-up, California’s SoFi Stadium in Inglewood at $121.2 million.
Clark County put aside $750 million in taxes for the development of Allegiant Stadium, which was used to lure the NFL Raiders away from Oakland to Las Vegas. Allegiant Stadium opened amid the pandemic in July 2020.
Clark County raised three-quarters of a billion {dollars} in public financing by barely growing the nightly resort occupancy tax the county levies on room stays. The tax was elevated by 0.88% for inns on the Strip and elsewhere in Las Vegas. The speed was elevated by 0.5% for all different inns inside 25 miles of the Clark County Authorities Heart.
Marquee Vacation spot
Although its dwelling NFL workforce has struggled this yr, Allegiant Stadium has stayed busy with quite a few high-profile live shows which have packed the domed venue.
Customizable to accommodate virtually 93K individuals for a live performance, notable acts to play Allegiant Stadium this yr included BTS, Dangerous Bunny, Metallica, Billy Joel, Crimson Sizzling Chili Peppers, The Weeknd, Motley Crue, Def Leppard, Think about Dragons, and Elton John. Confirmed reveals for 2023 embody Taylor Swift, Ed Sheeran, Pink, and a return of the Chili Peppers.
Pollstar says world stadium live performance gross sales from the world’s high 100 excursions totaled roughly $6.3 billion in 2022. Greater than 59.2 million tickets bought generated the file stadium live performance income at a mean ticket value of $106.
Larger ticket prices due to demand and inflation had been cited for the file world income.
2022 Stadium Live performance Income (USD)
Allegiant Stadium (NV) — $178.8M
SoFi Stadium (CA) — $121.2M
Foro Sol (Mexico) — $90.8M
MetLife Stadium (NJ) — $83.2M
Ullevi Stadium (Sweden) — $61.2M
Stade de France (France) — $60.3M
Soldier Discipline (IL) — $53.4M
Wembley Stadium (UK) — $53.3M
Nissan Stadium (TN) — $51.7M
Fenway Park (MA) — $50.9M
Raiders Struggles
Allegiant Stadium’s first yr in operation was removed from the grand opening that state, county, and workforce officers envisioned throughout building. COVID-19 stored Allegiant’s stands empty throughout the Raiders’ inaugural marketing campaign in Southern Nevada, throughout which the workforce went a disappointing 8-8 to overlook the postseason.
The Raiders’ 2021 marketing campaign was higher, because the workforce improved to 10-7 and made the playoffs. However Jon Gruden’s firing amid experiences that he made homophobic, misogynistic, and racist feedback in emails, adopted by the Raiders’ fast wild-card playoff loss to the Cincinnati Bengals, overshadowed the successful season.
The Raiders will want a powerful second half of the common season to play additional video games. The workforce’s struggles beneath new coach Josh McDaniels have led to the Raiders enduring one of many worst common dwelling attendance charges in the whole NFL.
Every Raiders dwelling sport has averaged simply 62K followers per contest this season. That ranks No. 30 of the league’s 32 groups. The Dallas Cowboys cleared the path with greater than 93,400 followers per dwelling sport.
