You're right they're first (in the context we're talking about). In the context you're saying it in, sure they're not getting 100k a game. But obviously to be the third highest rating team on PTV, where the majority of our TV deal comes from, whatever drop off in viewers from QLD and NSW is low enough that the Victorian numbers more than make up for it. I don't think Fox particularly cares if the viewers are majority from one place or another, as long as people are watching that means the consumer is finding value in the product.
So in 6 years the Storm have increased FTA rating average by 57%. Pretty good growth.
As said in the above paragraph, if people from QLD and NSW are still going to watch in good enough numbers that they're still rating 3rd and 6th, then what's the difference to them if they're a QLD or Perth team. A Perth team has more chance of adding viewership away from rusted on supporters who watch 8 games a week.
Also adds value, in the way that if their AFL team is doing poorly, instead of cancelling Kayo, that 20-30k might decide to keep it to watch the WA NRL team. Diversifies away some risk for Perth based subscribers.
Most sponsorship $ doesn't come from small local businesses anymore. These are national leagues with national brands now. How many of the below are solely Brisbane or Melbourne based companies.
Lions..................................................Storm
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With the size of it's economy and only 2 teams in what I would class as Australia's premier leagues, I'd hazard a guess that there is decent level of local corporate support still available. State Government support will also definitely be there. There isn't another competition or league that will give them the access to the Sydney and Brisbane market like the NRL. That's why they've paid the big $$$ for State of Origin to be played there. Imagine week in week out visibility.
The GSP for WA has more than tripled since 1995, from ~115Bill->377Bll. Small change of circumstances.