2016/11/02

Indians-Cubs Game 6 World Series Ticket Prices Plummet More Than $1,000 In 48 Hours

The Cleveland Indians can end 67 years of frustration Tuesday night when they take on the Chicago Cubs in Game 6 of the World Series with a three games to two lead. The Cubs famously haven’t won the Series since 1908, but the Tribe own baseball’s second-longest active title drought (and fifth longest ever) with their last championship in 1948.
Indians fans hope they are celebrating a World Series title for the first time in nearly seven decades Tuesday night. (Photo by Jason Miller/Getty Images)
This series has experienced sky-high ticket prices due to the pent-up demand for seeing a baseball title. The Cubs losing games three of the first four games dinged prices considerably at Wrigley Field, but the average resale price for three games at Wrigley still averaged nearly $2,000 or 20% more than the previous World Series record set by the San Francisco Giants in 2010, according to reseller TicketIQ. Prices were rich for the games at Progressive Field also when the Series started, but those potential buyers that sat on the sidelines now have a chance to see the Indians clinch at a fraction of the cost from just 48 hours ago.
The average asking price for Game 6 tickets in Cleveland was $3,815 before the Series started per TicketIQ. It was down to $2,870 before the first pitch of Game 5 and hit $1,677 as of this morning. Asking prices are inherently inflated as fans put their tickets on the resale market at astronomical prices to see if anyone will bite. If no one does, they’ll happily attend the game.
The average sale price for Game 6 provides a more realistic look at the market and that has plummeted in the last 48 hours from $1,969 to $889. The minimum get-in price at Progressive Field tonight is down to $692 for a standing room only ticket from $934 on Sunday (they were as low as $627 this morning).
A few factors are at play in driving prices down. Ticket brokers and fans set an almost impossibly high bar to start this series in hopes of capitalizing on the title-starved fan bases. Early ticket sales for Game 4 at Wrigley averaged more than $4,800, but the final price was less than half of that. The drop for Game 5 was even more severe with the Cubs facing a 3-1 deficit.
Indians fans might be a bit worried about the matchup tonight with 2015 NL Cy Young Award winner Jake Arrieta leading the Cubs against Josh Tomlin and his 4.40 regular season ERA. Tomlin has been great in the postseason with the Indians winning all three of his starts, but he is pitching on three days rest for the first time in his career and the disparity in “stuff” between the two pitchers is stark. Las Vegas has the Cubs as favorites with a $140 bet netting $100.
Maybe Indians and Cubs followers are saving their dollars for a potentially epic Game 7 to decide which tormented fan base celebrates. The average asking price for Wednesday night is $3,995 with an average sale price of $2,202. If those prices hold, it would mark the most expensive baseball ticket ever for a clinching game.
-
Follow me on Twitter or Facebook. Read all of my Forbes stories here.
Publicar un comentario