What does ballpark cost mean?
A ballpark figure is an estimate of what something might amount to numerically when a more accurate number is assessed, such as the cost of a product. Ballpark figures are used in daily life and in many aspects of business; however, it is important to remember it is just an estimate, not an accurate read of something.
Is ballpark capitalized?
The idea for the idiom in the ballpark stems from the American game of baseball, and the field of play housed inside the stadium that consists of an infield and and outfield. That stadium and field is considered the ballpark. Note that in both instances, the word ballpark is one word, not two words as in ball park.
What is the least accurate type of estimate?
A rough order of magnitude (ROM) estimate is the least accurate estimate.
How much did MLB pay for Nationals Park?
DC’s budget paid for the $135 million in upfront costs for Nationals Park, but Major League Baseball (MLB) could have paid for this. MLB bought the Expos in 2001 for $120 million and then sold them in 2006 for $450 million, turning a cool profit that would have easily covered this expense. But MLB only kicked in $20 million.
Which is the correct definition of the word ballpark?
ball·park | ˈbȯl-ˌpärk . (Entry 1 of 3) 1 : a park or stadium in which ball games (such as baseball) are played. 2 : a range (as of prices or views) within which comparison or compromise is possible. in the ballpark.
How big is concession revenue at a baseball game?
Keri in his book Baseball Between The Numbers, concession revenue is about 30% the size of ticket revenue and merchandise is about 10%. So, we could estimate the amount of the reported sales tax that is from the special baseball tax only at about 30% of the total sales tax.
How much does it cost to maintain Nationals Park?
The debt service on Nationals Park costs the District $38 million, meaning that city taxpayers are paying between $22.4 and $23.8 million a year just on the bonds, or $30.8 million if we use only the special baseball tax. And then there’s an additional $1.5 million a year in maintenance and more still on security.