Monday, November 17, 2008

Biscuits set lows for 2008 revenue

With a $220,000 final quarterly payment to the city, the Biscuits totaled a franchise-low $622,957 in rent for the 2008 fiscal year.

The team had its lowest attendance at 290,000 and lowest operating revenue with $4.89 million. All of those exceed projections when the city council approved Riverwalk Stadium's construction in 2002.

For those counting every penny, the team has paid $3,525,525.52 in rent and has collected $28,559,391.58 in revenue in those areas where the city receives a share for rent.

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