MILWAUKEE – Ask any NBA “Lockout-ologist” to explain one of the key points of the league’s current labor negotiations, “basketball related income” (or B.R.I. if you really want to sound like you’re on the inside), and that person will explain B.R.I as revenue generated by ticket sales, TV contracts, concessions, parking and temporary stadium advertising.
But there is a whole different level of B.R.I. that gets much less media coverage than the figures impacting the hoopster millionaires and owner billionaires. Though there are fewer than 500 players in the NBA, there are tens of thousands of people across the country whose livelihoods depend on the games those fewer than 500 play.
In Milwaukee, the restaurants and bars surrounding the Bradley Center are now facing a stark reality with the prospect of the lockout wiping out a significant portion — or perhaps all — of the Bucks’ home schedule.
Wally Paget, who along with his brother and father has co-owned Buck Bradley’s on Old World Third Street since 1995, has had a tough time keeping up the morale of his staff.
“Especially now that it’s here,” Paget said of the lockout, which has already canceled the first two weeks of the season. “People didn’t think it would get here. You certainly do all you can for staff morale. They need an income to put food on their table.”
Then there are the hard numbers from the people who would know.
– Paget, who says the absence of the NBA in Milwaukee will reduce his gross revenues by 25 percent: “If the Bradley Center has about 140 dates a year, and you lose 43 Bucks dates, including preseason, you’re losing about a third of your premium nights for downtown business.”
– Peter Picciurro, manager of Miss Katie’s Diner on West Clybourn Street, which runs a shuttle to and from the Bradley Center: “An average day for us in food and drink is around $1,500. When the Bucks play, it’s around $2,200 to $3,000. That’s what would be lost.”
– Marty Petricca, an assistant manager at Major Goolsby’s, which sits a block away from the Bradley Center and is one of America’s original sports bars: “That’s 40 plus days of business out of commission for us. The Bucks are certainly a big part of what we do here.”
With the Bucks’ average attendance topping 15,000 per game last season, the team generated more than 600,000 fans arriving downtown from November until April — fans who are hungry and thirsty before and after the games are now fans who may leave their appetites and their collective millions of dollars at home this winter.
“We wouldn’t have to lay anybody off,” Picciurro said. “Everybody would be working, but not as often.”
Paget said the same thing: “It takes the same amount of crew to work the night of a Marquette game as it does the night of a Bucks game. But we’d only be able to utilize that crew two nights instead of four. It’s not so much that we would have to lay people off. We’re just coming out of the summer season, which is slow. It would be a case of us not making any new hires and the people we have working a lot less hours.”
Paget said the 1998-99 NBA lockout hit Buck Bradley’s hard because the restaurant was still in its formative years.
“We’re a lot more established now,” he said. “But there are only two other places on the block that were around in ’98. Some other owners have been asking me what it was like back then.”
Restaurants close to the Bradley Center have made some lockout contingency plans.
“We do sponsor a bunch of other teams,” Petricca said. “This helps us keep from losing more than other places.”
The Milwaukee Admirals, an American Hockey League team, still plays all its home games downtown.
“We have a great relationship with the Admirals,” Paget said. “Their fans really turn out for us. That’s different than it was in ’98.
“And the Bradley Center has tried to prepare for this as best they could. The recent five-day run of the Cirque de Soleil. That was seven shows. It wasn’t a Bucks game, but anything beats a dark building.”
As November approaches, many sports fans have already tuned out the non-news reported from the moribund NBA labor talks. But those who make a living serving burgers and beer in the areas surrounding pro hoops arenas are paying close attention to the talks in hopes of hearing some good news about their Basketball Related Income.
“You have to,” Paget said. “But it’s difficult because it’s something you can’t control.”
There is the quick update of the day.