My intention is not to detract from the significance of this milestone, just to poke a little fun and hopefully entertain you all in the mean time. Please do not take any of what I write below seriously as I am writing in jest. π
The attendance is getting closer and closer to 2 million! Tonight it was announced that we are about 77,000 fans from meeting that mark and it should happen in the next few weeks. Let’s take a closer at what is being offered as a prize…
Pair of Season Tickets for all remaining 2011 IronPigs Home Games
Ok, so a season ticket costs $648 times 2 it’s a $1,296 value.. well about there. Take about 10 games off of it for games already played and the value is about $1,116.
IronPigs β2 Millionth Fanβ Jersey
There’s another $80 from the team store and $20 for personalization. Add $100 more value.
Team Autographed Baseball
This has more sentimental value, but if you had to estimate a value.. I would say about $25.
All Promotional Giveaways from the 2011 Season
This one’s pretty easy. The Ironpigs offered all the season’s giveaways as a package for $150. Count it.
ONE free membership to one club of choice
This one can vary. If you choose the kid’s club, it’s $15. If you’re a Diamond Diva and choose that it jumps to $30.
Opportunity to be invited to one IronPigs special event
I’m taking this one as an invitation to either the Winter Banquet or Golf Tournament. $80 for the Banquest or $100 for Golf.
Ceremonial First Pitch
This one is a little tricky. If you have a group outting or are a sponsor for the night you get a free pitch. I believe I read that others who want to can pay something like $100 to toss out a first pitch (if it’s your birthday, etc)
A FeRROUS or FeFe appearance
This one is another cut and dry. Posted on the Pig’s website you can have Ferrous and FeFe show up for $100 an hour. Less if you’re a charity.
A βBehind the Scenes tourβ of Coca-Cola Park for you and your family
Tours are given by appointment at the park. Admission is $4.
Here’s where it gets interesting.
2 million sips of Coca-Cola
Today I did my own experiment. I cracked open a can of Coke and started sipping. I got 24 sips.. roughly a half ounce per sip. That may be a little high for the purposes of math so I went logical and chose to use the quantity of 1 milliliter as my unit measure for a sip. One can of soda holds 355 ML of soda or 355 sips. To reach 2,000,000 sips you would need 5,634 cans of Coca Cola. Figure that a 12 pack of Coke costs retail about $5.. you would need 469 12 packs of Coke with a retail value of $2,347. Yeah, that’s a lot of Coke.
It gets better though…
2 million bites of pretzels from Pretzel Factory
I did some more research tonight on this prize. A box of rivets (pretzel bites) contains 25 bite size pieces, retail price of $5 per box. To reach 2,000,000 bites of pretzel.. you need 80,000 boxes of rivets. Yeah, that’s $400,000. Ok, lets say the rivets are big and we give them 2 bites apiece. That’s still $200,000 worth of pretzel bites. Keep in mind this isn’t what it’s going to cost to provide the rivets.. it’s what the real retail value of them is.
2 million swings at Bethlehem Golf Club
I’m going to have to estimate on this one. Obviously you’re getting coupons for buckets of balls at their driving range. I’ve been to driving ranges before and a large bucket of balls gives you about 60-70 balls for $5-7. For easier math I’m going to generously use 100 balls for $5. Add $100,000 in value to the driving range. Again, not the cost to the sponsor, but retail value. I’ll get to my point at the end of this.
2 million Martins potato chips
I love potato chips and this one is for me! So back to the process of figuring value (not including the impact this many chips, pretzels and sodas have on your health) figure 200 chips per bag and $2 per bag. Again trying to be generous with this figure. That’s about $20,000 in value.
2 million Mike & Ike’s
Boxes of this candy cost about 50 cents.. you get about 50. Easy math again. 2 million of them carry with it $20,000 worth of retail value.
2 million Peanut Chews
I love peanut chews! I will suffer through my weak teeth to eat these often! You get about 50 of them for $5 a bag. Add $200,000 in value.
So who still wants to be that 2 millionth fan? Yeah a lot of you I bet! Would be pretty cool!
Now I would be silly, (Yes I used silly) to expect to truly receive these quantities of the items as stated above. It is a promotion and sounds great to throw out there as a pun. I like it, I really do and it is enjoyable to tell folks you won 2 million of this and 2 million of that.. but be careful who you tell. The IRS will be listening and they won’t care if you really got something or didn’t. They also don’t care what it cost the organization to put this prize together. They care about, yes you guessed it, fair market retail value.
If you haven’t added it up already… that would be $543,980. You betcha! That’s quite a haul! Talk about jumping a tax bracket! Think you’ll be sneaky? Any prize given over a value of $500 or greater, the organization MUST give out a 1099 form to the IRS.
Current tax rate for income above $373,650 in a tax year is 35%. So not only would your earnings be taxed at this rate.. of the $543,980 of value you received as the 2 millionth fan, you would owe (and this is just the Federal component) $190,393.
I think they allow you to pay in installments.. not sure if they accept peanut chews or pretzels.
But fear not! There is a loophole. If you donate the prize to a non-profit before using any portion of the prize, you are not responsible for the tax.
Whew! Here I thought I would have to skip a game….
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My intention is not to detract from the significance of this milestone, just to poke a little fun and hopefully entertain you all in the mean time. Please do not take any of what I wrote above seriously as I am writing in jest. π
OinK!



