Wednesday, September 05, 2007
Paying Through The Nose
The Vancouver Canucks posted their single-game ticket prices on their website today:
For 12 premium games, the prices are as follows:
I've taken the liberty of comparing this season's prices to last season's:
That's one heck of a jump.
I didn't think too much of the price increase when I renewed my seats earlier this summer. There were no price increases in the two years before the lockout, and then, we were guaranteed a price freeze for two years afterwards. This price increase - basically our first in four seasons - was inevitable. For me, the difference was less than $2 per ticket (from $41.02 to $43). In terms of percentages, I didn't realize until now just how much the increase actually was.
Canucks fans can't be too happy with this increase, especially one that averages in double-digit percentages. Including service charges, the cheapest tickets - yes the cheapest - will now cost more than $100 for a pair. Did ticket prices in other markets go up as much?
So much for the Bettman spin that a salary cap was going to lead to lower ticket prices. But then again, those who know basic supply and demand economics already knew that that wasn't going to happen.
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Comments/Questions: Feel free to post in the comments section or email me at gocanucksgo10 (at) hotmail (dot) com.
Technorati Tags: NHL, hockey, Vancouver, Canucks
For 12 premium games, the prices are as follows:
I've taken the liberty of comparing this season's prices to last season's:
That's one heck of a jump.
I didn't think too much of the price increase when I renewed my seats earlier this summer. There were no price increases in the two years before the lockout, and then, we were guaranteed a price freeze for two years afterwards. This price increase - basically our first in four seasons - was inevitable. For me, the difference was less than $2 per ticket (from $41.02 to $43). In terms of percentages, I didn't realize until now just how much the increase actually was.
Canucks fans can't be too happy with this increase, especially one that averages in double-digit percentages. Including service charges, the cheapest tickets - yes the cheapest - will now cost more than $100 for a pair. Did ticket prices in other markets go up as much?
So much for the Bettman spin that a salary cap was going to lead to lower ticket prices. But then again, those who know basic supply and demand economics already knew that that wasn't going to happen.
______________
Comments/Questions: Feel free to post in the comments section or email me at gocanucksgo10 (at) hotmail (dot) com.
Technorati Tags: NHL, hockey, Vancouver, Canucks
Labels: business
6 Comments:
*sigh*
Me and my friend are planning to watch a couple of games this year.. :|but she wants to get lower bowl seats... augh. :( So expensive!!!
The Canucks charge more b/c they can easily sell out their games.
Anyone with a brain knows that the lockout was never going to lead to lower ticket prices. Owners just simply wanted to know what % of their revenus they'd have to spend, and hopefully break the union.
As long as Yaletown Yuppies and corporations gleefully fork over batches of bank notes, the Canucks will keep raising their prices. supply and demand.
Orca Bay are a bunch of blasted, greedy leeches. The amounts they charge for tickets, parking, food and drink are absolutely outrageous. And people who spend this kind of money, to watch what in my opinion has been and continues to be a mediocre hockey team, are idiots.
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