Prices For Final Four Tickets Rise Significantly Over Past Few Seasons
Since preseason number one Indiana went down in week six of the NCAA Men’s Basketball season, the AP Top 25 has seen four teams lay claim to the top billing in just an eight-week span. To put that in perspective, last season saw just four teams sit in the one spot throughout the entire season. This type of parity has bred a good deal of excitement for this year’s NCAA tournament. With historic teams like Indiana, Duke, Michigan, Florida, Kansas, and Syracuse, all serious contenders, Final Four tickets have skyrocketed.
Currently, the average ticket price on the secondary market for this year’s National Championship Game is a whopping $916, a 203% jump over last year’s $302 price tag. In fact, this year’s cheapest ticket is currently $249, barely below last season’s average, and virtually identical to 2011’s $252 average price. The savvy ticket buyer will notice that quantities are currently quite limited, As the tournament draws near, more tickets will hit the market, and prices will likely begin trending slightly downward. Regardless, this figures to be one of the more expensive NCAA Men’s Final Fours in recent years.
Prices for Semifinals tickets have also risen substantially, though not as much as those for the Finals. Interestingly enough, tickets for the Semifinals have actually significantly out-priced those of the Finals in each of the past two tournaments. Last year, Semifinals tickets commanded a 63% premium over the Finals, at an average price of $493 dollars. In 2011, the gap was slightly smaller albeit still substantial, as Semifinals tickets checked in at an average of $337 dollars. This suggests rather clearly that fans enjoy the two games for one ticket that a Semifinals pass offers.
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