Is a Minor League Team a Viable Business Opportunity or an Expensive Hobby?
Our VIP Room premieres today with a contribution by Mike Bawden, owner/operator of the Quad City Steamwheelers, one of the original teams in the arenafootball2 (af2) League. Mike is also the managing partner of Bawden & Lareau Public Relations, a branding, marketing and public relations consultancy located in Davenport, IA. If you're a VIP in the minor league or independent sports business, and you have a blog, or something that you'd like to let the rest of the world know, email us.
Is a Minor League Team a Viable Business Opportunity or an Expensive Hobby?
By Mike Bawden, Owner
Quad City Steamwheelers (af2)
MAJOR BLOGS - VIP Room - www.majorblogs.net. - I’d hate to tell you how many times I’ve been asked that question.
Of course, I can understand why people might think my taking control of an af2 (arenafootball2 league) franchise (the Quad City Steamwheelers) in a matter of days was a bit impulsive. It sure looked that way to my wife. But from my point of view, I saw something exciting with lots of potential – not unlike the way a teenager looks at a slightly damaged sports car in need of some TLC and plenty of elbow grease. Unfortunately, like a lot of teenage boys in that situation, I didn’t take all the time I needed to look under the hood, either.
So here I am, doing the Mr. Miyagi “wax on, wax off” thing like a good Daniel-san – but I’m convinced I haven’t been snookered yet. We’ve got a lot going for us and although I’m spending more time and money than originally intended, I think we’ve got better than an even-money chance of making things work according to our plan.
That’s right. We’ve got a plan. A business plan.
To my amazement (and amusement), I’ve learned we’re one of the few teams in our league with a business plan.
Planning is what I do, though. I do it for my regular business (I’m in the PR and Marketing field) and I do it for plenty of other businesses. It was a natural “first step” for me when I took over the Steamwheelers in late September to start digging, asking questions and formulating a list of key business and communications strategies.
Player personnel decisions? Ticket sales? Sponsor relationships? We’ve got people in place to obsess about those – I needed to make sure they had a plan of action that would get them all pulling in the same direction in (approximately) the same way.
It seems to be working so far. Research was a part of our plan and it lead us in a direction very different from the previous owners. We’ve made some significant changes and found group tickets and our VIP fan organization both responding positively as a result.
We set some ambitious targets for sponsorships and events and those numbers have come around, too.
If things go according to plan, 2007 could be a banner year for the Steamwheelers – and the first profitable one in the team’s 8 year history.
There’s just one problem with success if you’re a minor league team, though. Great success – whether it’s a league championship or record-breaking profits – are usually met with phone calls from other teams from the league above you. Those calls are to your players, coaches and front office staff.
They all leave. Off to better opportunities. More money. Fame and glory.
As the owner, I get to stay behind and start waxing the car all over again. Wondering to myself if this is a viable business opportunity or just an expensive hobby.
Mike has a blog for his af2 club called Steamwheelin'. Check it out!







Reader Comments (3)
Sincerely
Aaron
Belleville Giants Semi Pro football.
Sincerely,
James Burkheart
President-CEO
Arkansas War Cats