Number crunching the tournaments

I mentioned in my fish report this week that I was going to do some number crunching. I was interested in getting a general idea of the money spent during the past 10 days and how that was spread around, and what value that might give to our fishery. I am not an accountant, and all my data are just estimates, not intended to be the basis of anything other than satisfying my own curiosity. I found the information a bit surprising and thought that it might be of some interest to you.
First off, we had nine days of fishing scheduled during the past 11 days. Only eight days were fished due to weather issues. 27 boats fished for 2 days, 80 boats fished for another 2 days and 106 boats fished an additional 3 days for a total of 550 boat days. These are just tournament days and do not include any pre-fishing or practice days. The average tournament day was 12 hours, with getting bait in the morning to returning to the docks in the evening. That is a total of 6,600 engine hours. The average boat size was 50 feet with an average fuel burn of 10 gallons per hour between running hard to the grounds and back and trolling all day. Actually it was probably about 50% more, but the 10 gallons makes it easier to figure out. Total fuel used was 66,000 gallons based on that, and at a cost of $3.77 per gallon comes to a total of $248,820 spent at the fuel docks.
The first tournament has 206 anglers anglers here for at least 4 days, tournament 2 had 466 anglers for at least 3 days and tournament 3 had 703 anglers here for at least 5 days, for a total of 6,204 angler days. If each angler spent $200 a night for a room, on average, $150 per day on food and drinks and $100 per day shopping that comes to $450 per day per angler. Some spent less, some a lot more but all in all I think this is a decent estimate. Multiply $450 by 6,204 angler days and it comes to $2,791,800 spent on room, food and shopping. This does not include the cost of chartering a boat, tips, airfare, taxis, ect. Add in the money spent on fuel and approximately $3,000,000, at a minimum, came into our local economy in 10 days.
Now lets do a couple of other quick numbers. The first two tournaments had 51 billfish recorded as boated or released, the third tournament had 67 billfish either boated or released for a total of 118 billfish caught. Based on a low estimate of $3,000,000 spent, this means that each billfish this tournament season brought in $25,425 to the local economy.It would be interesting to see how much the commercial caught billfish bring in. Oh, that’s right, billfish are not allowed to be caught or sold by commercial boats in Mexico. I guess I never saw the 100’s of marlin being unloaded from long-liners in Mag Bay, and never say the commercial pangas harpooning them on Finger Banks. It must have been my imagination.
The four fish over 300 pounds brought to the scales during these three tournaments and the several fish that were underweight were donated to local charities. The 465 Blue Marlin caught during the Bisbee Black and Blue was worth $6,451 per pound to the team that caught it but brought in millions to the economy.
OK, that’s it, just a few things I was wondering about, and now my curiosity is satisfied. I hope I didn’t bore you!


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s