Venue Detail
Seattle Mariners
Revenues From Sports Venues Pro Facilities Report
February, 2011
Seattle Mariners
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PO Box 4100 Seattle, WA 98104-0100 Phone: 206-346-4000 Fax: 206-628-3340 URL: www.mariners.org
Owner
Baseball Club of Seattle
League
Major League Baseball American League, Western
Venue
Safeco Field, 1250 First Ave S, Seattle, WA 98104 Owner: Public Facilities District Managed by: Team Built: 1999 Capacity: 47,000 Permanent concession stands: 55 Concessionaire: Centerplate Suite caterer: Centerplate Soft drink: Pepsi Cola Beer: Multiple
Building sponsors
Clubs/Restaurants: Yes Entries: Yes
Naming rights
Sold to: Safeco Price: $40, 000,000 Term: 20 years Expires: 2019
Ticket prices
Season tickets range from $1,053 to $3,240 Single tickets range from $7.00 to $55.00
Attendance
2007 average attendance: 32,992 2008 average attendance: 28,762 2009 average attendance: 27,102
Luxury Suites
Quantity: 69 Term: 4 to 6 years Price: $90,000 to $189,000 Seats: 16 to 22 Includes: Tickets, four guest passes, parking, first right of refusal on tickets for other events, concierge service, access to a business center and use of the suite even on non-game days. Unused suites will be sold on game days.
Club seats
Quantity: 4,271 Term: 1 to 1 years Price: $2,997 to $3,483
Financing
The $517 million ballpark was funded through an increase in the sales tax for restaurant food and drink, rental cars and stadium admissions. The Mariners contributed $126 million to the cost of the ballpark, much of which came from cost overruns on items requested by the team. Pct. public: 76
Seat licenses
Seat licenses are limited at Safeco Field with only 966 charter seats up for sale. These seats, which ring the field, sell for $12,000 to $25,000, plus annual ticket costs. They are sold on a 19.5-year lease with the half year coming because the ballpark opened midway through the 1999 season.
The Mariners moved into their new $517 million ballpark in July of 1999. The Mariners reported a $14.26 million profit from their first full year in Safeco Field. The report was made to the Public Facilities District which helped oversee construction of the ballpark. The team, which had not turned a profit in at least seven seasons before moving into the new venue, posted losses of up to $28 million a year.
The ballpark includes the home plate area Diamond Club with 352 seats selling for $14,580 to $24,219 per full season. Signs are sold as part of a total promotional package and are not priced individually.
In 2007, the Mariners removed eight luxury suites to make room for a new club. The All-Star Club will allow fans to buy a single seat in the facility.
Suite sales declined slightly at Safeco Field the past few years and have plummeted at KeyArena. Safeco Field opened in 1999 with 67 luxury suites and subsequently added another suite on the press box level. For the first few years, 98 to 99 percent of the suites were filled. The 2006 percentage was in the mid- to upper-80s.
The 140 seats in the All-Star Club sell for $100-$125. Tickets are sold in packages of 10, 20, 40 and 81 games. Single-game suites, which include 16 seats, range from $2,400 to $4,000.
The All-Star Club has three rows of assigned seating in an open-air terrace and then an indoor dining area and complimentary buffet. Beer, wine and spirits are sold at a cash bar. Plasma televisions are located throughout the indoor dining area.
Party suites lease for $2,400 to $4,200 per game. (Baseball, Facilities, Financial, MLBVenueReport, Professional Sports)