Reply to Paying for Swim Meet Fees separately

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Wow am I grateful for where I live! I just checked and meet fees for October - March were $370 total for 1 kid, including coach fees and going to regionals. [/quote]

That is cheap-  I spent over $1500 one year for one swimmer…. They add up.[/quote]

The craziest thing is that despite these fees, the host doesn’t make much money off the meet. At least not compared to money making behemoths like soccer, volleyball, and lacrosse tournaments. USA swimming officials will have their kids’ entry fees waived, lodging if they need it, and then they get some meals and snacks, but no pay. Parent volunteers aren’t paid either. I’ve been to meets where they charge for heat sheets and spectator admission, but even so, those meets don’t bring in the kind of revenue a big volleyball tournament does. [/quote]

How much money does a meet generate?   Serious question. A one day meet would have three sessions of 350 kids. I estimate it is about 40k. [/quote]

I estimate a host makes 50-75% of their entry fee. So for a meet of 350 kids, I would guess the host makes $25k at most. And much less in many cases. In a large part, profit depends on the facility rental fee. If they don’t have to pay a fee, they can make more. If they sell food and t shirts, sell heat sheets, and charge admission, they can make more

On the other hand, soccer tournaments usually have a break even point of 60-70 teams. So a soccer tournament with 500 teams, at an average of $800 entry fee per team, would yield a $344k profit. A 3 day volleyball tournament can net a million.

There’s a reason why hedge funds have bought youth sports complexes and youth sports teams in soccer but not in swim. [/quote]

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