[SEKYFAN]

The numbers are out. As expected, hosting the tournament at Harlan County High School turned out to be a costly one.

In recent years at the Arena in Corbin, profits stayed above $90,000.00 every year.
At the Arena:
2010- $111,233.50 (14,764 Tickets Sold)
2011- $106,199.00 (14,487 Tickets Sold)
2012- $90,488.00 (11,904 Tickets Sold)

Average-$102,640.16 (13,718 Tickets Sold)

At Harlan County High School
2013- $61,640.00 (7,702 Tickets Sold)

Thats a $40,000.00 hit.



Having the Boys and Girls Tournaments at the Arena is the only way to go from a financial standpoint. Sales at the arena nearly doubles that of what was sold this year at HCHS. HCHS has wondeful facilities, but the money lost this year could have really helped 13th region schools, especially the smaller schools.

Jackson County is set to host the Tournament next year, and they have announced the tournament will return to the Arena, and most likely will for the foreseeable future.

http://thenewsjournal.net/

I'm not sure if I fully understand how the money is distributed. Does each school share the proceeds equally, does the host school get what is left over after the other schools get their guaranteed pay out or does the money go somewhere else? If the schools share equally, then I see this drop off as a problem, if not, then I guess it shouldn't matter to anyone else, at least as far as the money is concerned. Also, are they talking about money taken in, or are they talking about profits?

I'm all for the tournament being at The Arena, but to be fair, I'm not sure if we are comparing apples to apples.