The Holy Grail
of the modern-day sports franchise owner
, luxury boxes are private viewing areas in sports stadiums that seat 10 to 15 people and usually feature, cable TV
, internet and phone access, fancy catered food, and comfy
chairs and couches. Aimed at large corporate customers, these money-making machines can sell for as much as $250,000 per game.
No matter what owners say, the real goal of building new stadiums nowadays is to have more and snazzier luxury boxes, and thus to make more money.