I have decided to create a local, semi-pro football team, which will be called the Marlborough Panthers. The city already has a semi-pro team called the Marlborough Shamrocks, but we will pretend as if they don’t exist. Our team budget will be about 1.5 million dollars. There will be 50 players on the team, each earning a base salary of $15,000. Other cost areas will be Staff salaries, traveling and advertising. Since we will be playing on a city-owned field and bringing in revenue for the city, we will not have to pay for stadium maintenance, but we will give them a cut of each home games profits. Here is how it all breaks down.

Expenses

Player Salaries	$750,000
Staff Salaries	$100,000
Advertising (television, print, etc)	$250,000
Traveling	$300,000

Income

Team income will come from a variety of sources, including

· Ticket sales

· Concessions

· Parking

· Team Merchandise

· Shared League Revenue

We expect to make a profit within the very first year, and from there our money will only increase. Between all of our forms of income we hope to bring in somewhere close to 3 million per season, 1 million of which will go to the city of Marlborough.