Started By
Message
re: With the Rising Costs of Football Tickets and the New SEC-Network
Posted on 5/6/13 at 2:44 pm to TeLeFaWx
Posted on 5/6/13 at 2:44 pm to TeLeFaWx
To each their own, but scalping tickets is incredibly enjoyable, and cheap as shite generally.
I'll get my second degree in a year and I don't see a good reason to ever be a season ticket holder. You can scalp a whole season for probably a quarter of what season tickets cost.
I'll get my second degree in a year and I don't see a good reason to ever be a season ticket holder. You can scalp a whole season for probably a quarter of what season tickets cost.
This post was edited on 5/6/13 at 2:45 pm
2
Posted on 5/6/13 at 2:51 pm to TabledTiger
Population will always grow, but I think it may have a bit of an impact on Mizzou. Without putting too much rant trollbait out there, Mizzou's located in an area where to fill the stadium almost 50% of the population within a reasonable distance has to show up the the games.
If the games are guaranteed to be on the television in HD I think a portion of the Kansas City and St. Louis areas (both 125 miles away) may watch at home if the team stinks.
If Mizzou starts winning a majority of their games again, it should never be a problem filling the place.
Probably the same situation for most schools, our metro areas just happen to be pretty far away.
If the games are guaranteed to be on the television in HD I think a portion of the Kansas City and St. Louis areas (both 125 miles away) may watch at home if the team stinks.
If Mizzou starts winning a majority of their games again, it should never be a problem filling the place.
Probably the same situation for most schools, our metro areas just happen to be pretty far away.
Posted on 5/6/13 at 2:52 pm to CrippleCreek
quote:
To each their own, but scalping tickets is incredibly enjoyable, and cheap as shite generally.
I'll get my second degree in a year and I don't see a good reason to ever be a season ticket holder. You can scalp a whole season for probably a quarter of what season tickets cost.
So you're a student? Some of us don't live in the same city as our University. There are lots of costs to associate with going out of town to a game.
Posted on 5/6/13 at 3:32 pm to TeLeFaWx
Stadiums are two freaking big. Everyone should've stayed around the 80,000 - 85,000 range with the rest suites and club level seating. Less seats = higher demand....and that relates to EVERY program...some have high demands now, but they'd have even higher demands if there were even less joe-blow seats. The race to who has the largest stadium is stupid.
Posted on 5/6/13 at 3:55 pm to Daigeaux
quote:
Stadiums are two freaking big. Everyone should've stayed around the 80,000 - 85,000 range with the rest suites and club level seating. Less seats = higher demand....and that relates to EVERY program...some have high demands now, but they'd have even higher demands if there were even less joe-blow seats. The race to who has the largest stadium is stupid.
I swear people don't have any idea how supply and demand works. Lowering supply, leads to a higher equilibrium price, not a higher quantity demanded. Since these relationships are not perfectly linear due to a variety of factors, and there is an elasticity of demand that can vary wildly... yes creating scarcity, can in fact increase overall revenue, but then you are missing the point entirely. Stadium seats are not a homogeneous good to begin with, and this is no where close to perfectly competitive market.
Things we need to know about perfectly competitive markets:
- Infinite buyers and sellers. We know this doesn't apply. You have one seller, and that seller has so many political factors involved, it would be insane to treat it as such. The buyers, are in fact wildly different. A recent grad, a big money donor, aren't competing for the same seats, they are competing for varying sections of seats, some with added benefits that have to be made up elsewhere if you aren't in a luxury box.
- Zero entry and exit barriers Point systems. Enough said.
- Perfect factor mobility PSLs.
- Zero transaction costs For example, I made a large capital donation, that I deducted against my taxes... but I didn't buy season tickets. I bought a ticket off stubhub, and there were a lot of transaction costs. Costs are vastly different for different buyers.
- Profit maximization While they are definitely trying to accomplish, there is a lot of marginal analysis here that can either be right on target, or missing the mark completely and no one will know.
- Homogenous products Has to do with someone else offering the same thing, but Auburn grads don't want to buy things from the REC. So not even close.
Some other things too but I'm bored with this.
Posted on 5/6/13 at 4:10 pm to TeLeFaWx
Ags teaching Intro Econ to the rest of the SEC as a gesture of goodwill
Posted on 5/6/13 at 4:12 pm to TabledTiger
Basically every LSU game is already on tv... We don't seem to have problems filling the stadium 
Posted on 5/6/13 at 4:13 pm to ShaneTheLegLechler
quote:
Ags teaching Intro Econ to the rest of the SEC as a gesture of goodwill
I do what I can.
Posted on 5/6/13 at 4:20 pm to TabledTiger
What do you mean, "will it?" It already has. Attendance has been down pretty-much across the board. With the economy, the inflated price of tickets, and every game being on tv, it has hurt attendance.
Posted on 5/6/13 at 4:22 pm to ShaneTheLegLechler
quote:
Ags teaching Intro Econ to the rest of the SEC as a gesture of goodwill
What would we do without you guys.
Posted on 5/6/13 at 4:24 pm to TeLeFaWx
I don't think it will necessarily hurt schools like Mississippi State, Ole Miss, Missouri, Kentucky, who have smaller-ish stadiums, and for arguments sake, don't field a "championship caliber" program on a yearly basis. Each of these schools seem to have enough demand to fill their smaller venues, or at least come close, based on the fact they have a HARD amount of core fans/alums that will come to games, unless the season is just catastrophic.
For Uber-Football settings in the SEC such as Alabama, LSU, Tennessee, Georgia, Texas A&M (soon to be), Florida, that go around the 90,000+ there might be a problem--simple reason being, the upper deck at many of these venues, no matter how new, provide for a view and sometimes experience, that quite simply isn't worth it, when the alternative (BIG HD TV) provides for a better experience.
From personal experience, I purchased two south endzone, upper level seats from a faculty member last year for face value--$810 dollars total for two seats, 10 rows up. I would almost consider not doing that again, based on the "value" those seats provided. Here are some arguments for and against, at least from an Alabama fans perspective:
(1) The games outside of Texas A&M were quite simply, boring. I know it seems almost blasphemous to bitch about blowing out teams on a regular basis, but I left before the end of the game, including the Iron Bowl. I'm sorry--when you're up by 30 points and my date is complaining about the cold, its not fun to sit there just to be a perceived, "good fan."
(2) There is something to be said about the "environment" of being AT the game. Even if you do go on-campus, tailgate with your old fraternity brothers, and converse in good ole, SEC tailgating, you still miss many of the traditions being inside the stadium versus watching it at a local bar, or the Quad (Grove, Junction, Parade Grounds, etc...). Being able to see the team run out of the tunnel, the roar of the crowd of a big play, all are simply irreplaceable, even on a giant TV surrounded by equally as passionate of fans.
(3) I've been to many an Alabama game, prior to this recent dynasty. I almost feel an obligation to be there and support this team, even for games/home schedules that don't quite provide enough "bang for the buck." At some point, Alabama will have a few down years. It's inevitable. I want to say during those times I was able to be at the games during this run of success, and soak up the moment.
In conclusion, I do feel that ticket prices will eventually level off, or come down. There is too much that HD TV's, great tailgating watch spots, and great bar atmospheres bring that allow a fan to have a relatively comparative experience at a fraction of the cost. The SEC footprint is in some of the most economically depressed locations in the United States, and if the prices continue to rise, while the television experience expands, the bubble will pop.
Alabama just had another national championship year, and for just about every game, there was an empty patch in the south upper deck (yes, I know a lot of it is student seating)...yet, the bars come gametime were packed, as were tailgates equipped with large TV's. University's will know this, and capitalize accordingly.
For Uber-Football settings in the SEC such as Alabama, LSU, Tennessee, Georgia, Texas A&M (soon to be), Florida, that go around the 90,000+ there might be a problem--simple reason being, the upper deck at many of these venues, no matter how new, provide for a view and sometimes experience, that quite simply isn't worth it, when the alternative (BIG HD TV) provides for a better experience.
From personal experience, I purchased two south endzone, upper level seats from a faculty member last year for face value--$810 dollars total for two seats, 10 rows up. I would almost consider not doing that again, based on the "value" those seats provided. Here are some arguments for and against, at least from an Alabama fans perspective:
(1) The games outside of Texas A&M were quite simply, boring. I know it seems almost blasphemous to bitch about blowing out teams on a regular basis, but I left before the end of the game, including the Iron Bowl. I'm sorry--when you're up by 30 points and my date is complaining about the cold, its not fun to sit there just to be a perceived, "good fan."
(2) There is something to be said about the "environment" of being AT the game. Even if you do go on-campus, tailgate with your old fraternity brothers, and converse in good ole, SEC tailgating, you still miss many of the traditions being inside the stadium versus watching it at a local bar, or the Quad (Grove, Junction, Parade Grounds, etc...). Being able to see the team run out of the tunnel, the roar of the crowd of a big play, all are simply irreplaceable, even on a giant TV surrounded by equally as passionate of fans.
(3) I've been to many an Alabama game, prior to this recent dynasty. I almost feel an obligation to be there and support this team, even for games/home schedules that don't quite provide enough "bang for the buck." At some point, Alabama will have a few down years. It's inevitable. I want to say during those times I was able to be at the games during this run of success, and soak up the moment.
In conclusion, I do feel that ticket prices will eventually level off, or come down. There is too much that HD TV's, great tailgating watch spots, and great bar atmospheres bring that allow a fan to have a relatively comparative experience at a fraction of the cost. The SEC footprint is in some of the most economically depressed locations in the United States, and if the prices continue to rise, while the television experience expands, the bubble will pop.
Alabama just had another national championship year, and for just about every game, there was an empty patch in the south upper deck (yes, I know a lot of it is student seating)...yet, the bars come gametime were packed, as were tailgates equipped with large TV's. University's will know this, and capitalize accordingly.
This post was edited on 5/6/13 at 4:27 pm
Posted on 5/6/13 at 4:46 pm to ATLabama
quote:
I don't think it will necessarily hurt schools like Mississippi State, Ole Miss, Missouri, Kentucky, who have smaller-ish stadiums, and for arguments sake, don't field a "championship caliber" program on a yearly basis. Each of these schools seem to have enough demand to fill their smaller venues, or at least come close, based on the fact they have a HARD amount of core fans/alums that will come to games, unless the season is just catastrophic.
Agreed.
quote:
For Uber-Football settings in the SEC such as Alabama, LSU, Tennessee, Georgia, Texas A&M (soon to be), Florida, that go around the 90,000+ there might be a problem--simple reason being, the upper deck at many of these venues, no matter how new, provide for a view and sometimes experience, that quite simply isn't worth it, when the alternative (BIG HD TV) provides for a better experience.
Agreed as well. Which is why I think the only market for the future of those seats is to be tied with tailgating. It is a niche market. Getting season tickets for those areas isn't going to be a market. They are not worth it, especially given the costs of everything else involved.
quote:
From personal experience, I purchased two south endzone, upper level seats from a faculty member last year for face value--$810 dollars total for two seats, 10 rows up. I would almost consider not doing that again, based on the "value" those seats provided. Here are some arguments for and against, at least from an Alabama fans perspective:
Always strikes me as completely irrational, but I'll listen.
quote:
(1) The games outside of Texas A&M were quite simply, boring. I know it seems almost blasphemous to bitch about blowing out teams on a regular basis, but I left before the end of the game, including the Iron Bowl. I'm sorry--when you're up by 30 points and my date is complaining about the cold, its not fun to sit there just to be a perceived, "good fan."
I know what you mean.
quote:
(2) There is something to be said about the "environment" of being AT the game. Even if you do go on-campus, tailgate with your old fraternity brothers, and converse in good ole, SEC tailgating, you still miss many of the traditions being inside the stadium versus watching it at a local bar, or the Quad (Grove, Junction, Parade Grounds, etc...). Being able to see the team run out of the tunnel, the roar of the crowd of a big play, all are simply irreplaceable, even on a giant TV surrounded by equally as passionate of fans.
Agreed. I get chills every time I walk in to the stadium and I hear the 12th Man doing yells. I really enjoy going to games, but I'm not a millionaire. I don't have a luxury box. There is a trade off. And the trade off is becoming far more awesome to not buy upper deck tickets every year.
quote:
(3) I've been to many an Alabama game, prior to this recent dynasty. I almost feel an obligation to be there and support this team, even for games/home schedules that don't quite provide enough "bang for the buck." At some point, Alabama will have a few down years. It's inevitable. I want to say during those times I was able to be at the games during this run of success, and soak up the moment.
Kevin Sumlin thinks they are already here.
quote:
In conclusion, I do feel that ticket prices will eventually level off, or come down. There is too much that HD TV's, great tailgating watch spots, and great bar atmospheres bring that allow a fan to have a relatively comparative experience at a fraction of the cost. The SEC footprint is in some of the most economically depressed locations in the United States, and if the prices continue to rise, while the television experience expands, the bubble will pop.
I think a bigger problem is that Houston and Dallas are not economically depressed at all. They were the two fastest growing major cities in the whole US last year. The problem is, if they price out the youth now, they are going to make a huge mistake if they ever tighten budgets. Thousands of dollars for a few football tickets will not be new purchases if things go a bit south. Hotels. Gas. Food. Beer. Ice. The prices are astronomical already.
quote:
Alabama just had another national championship year, and for just about every game, there was an empty patch in the south upper deck (yes, I know a lot of it is student seating)...yet, the bars come gametime were packed, as were tailgates equipped with large TV's. University's will know this, and capitalize accordingly.
Which in lies the problem. I hope they address it, and you're right they probably will, but I hate having to overpay in mean time.
Posted on 5/6/13 at 7:22 pm to TeLeFaWx
there will always be people who prefer live events; games, concerts, shows, etc.
the universities are smart. they will figure out ways to get people on campus and in the stadiums. even if it means lowering prices of tickets. they may have to upgrade a weak ooc opponent or 2 from the schedule to a better opponent to get more interest. there are definitely ways to attract people such as creative tailgating and they may have to draw best practices from the amusement parks for vip type privileges for nominal fees.
the people mentioned initially will continue to support the product the university offers and interest will increase once the universities have to get a bit more creative. we're seeing this play out in b.r. right now between cox and uverse. pretty good battle going on and we're benefitting. god bless capitalism.
the universities are smart. they will figure out ways to get people on campus and in the stadiums. even if it means lowering prices of tickets. they may have to upgrade a weak ooc opponent or 2 from the schedule to a better opponent to get more interest. there are definitely ways to attract people such as creative tailgating and they may have to draw best practices from the amusement parks for vip type privileges for nominal fees.
the people mentioned initially will continue to support the product the university offers and interest will increase once the universities have to get a bit more creative. we're seeing this play out in b.r. right now between cox and uverse. pretty good battle going on and we're benefitting. god bless capitalism.
Posted on 5/7/13 at 10:12 am to bfniii
quote:
there will always be people who prefer live events; games, concerts, shows, etc.
There is still a point of diminishing returns.
Posted on 5/7/13 at 10:23 am to CrippleCreek
quote:
CrippleCreek
You can scalp a whole season for probably a quarter of what season tickets cost.
Market demand must be really down at LSU. I had to sell all three of my seats to every game last year and made a 100% profit. Cost of my tickets + donation is about $525 per seat per year. Auburn tickets will always go for at least $300-350. LSU for around $250. Tennessee for around $200.
Posted on 5/7/13 at 11:27 am to BamaGradinTn
There was a similar thread on the MSB about NFL games. For someone who lives out of town there are a lot of costs associated with going to a game in terms of dollars and time. As TV's have gotten larger with better picture quality, more games are on TV, and ticket prices rise I think it absolutely affects demand for being there in person.
There are parts of the live experience that watching at home can't replicate, mostly having to do with atmosphere. But for me, I'd usually rather watch at home or at a bar with friends and go to one or two games a year to get my fix of atmosphere.
There are parts of the live experience that watching at home can't replicate, mostly having to do with atmosphere. But for me, I'd usually rather watch at home or at a bar with friends and go to one or two games a year to get my fix of atmosphere.
Posted on 5/7/13 at 11:41 am to GumBro Jackson
Jackson makes a really good point-- NFL games are FAR more at risk of putting out the regular fan. NFL ticket prices are quite high, and with the insertion of PSL's and new stadiums, they only look to get higher.
The NFL atmosphere these days have more to do with the "bells & whistles" of the stadium, food, amenities, etc... than the gameday experience.
There are exceptions to the rule; Seattle has an extraordinarily loud stadium, and both Atlanta and New Orleans because of their domes (and their cross-over SEC fans who know how to drink & yell) provide for ample amounts of sound.
However, Atlanta is getting a new stadium that looks astronomically expensive (albeit, very cutting edge), and it will be interesting to see how many people it prices out that actually, "add" to the atmosphere. The Mercedes Benz Superdome is one of the most antiquated stadiums in terms of, well, pretty much everything you can imagine. The sightlines are lousy, and even though they did massive renovations, it is in the bottom 5 of NFL venues. They have loud fans, and even those coon-asses deserve better than that dump. Their cheap owner should have taken that federal money and built a new stadium for that team after Katrina. The bonus to having that tin can though, is that thousands of the seasons tickets range from $190-$450 for the entire season; a great value, no matter how depressed the economy is at any time.
College football will see a slight drop-off, but it is the NFL I worry that will see the biggest hit as TV continues to look great, and get cheaper--not college.
The NFL atmosphere these days have more to do with the "bells & whistles" of the stadium, food, amenities, etc... than the gameday experience.
There are exceptions to the rule; Seattle has an extraordinarily loud stadium, and both Atlanta and New Orleans because of their domes (and their cross-over SEC fans who know how to drink & yell) provide for ample amounts of sound.
However, Atlanta is getting a new stadium that looks astronomically expensive (albeit, very cutting edge), and it will be interesting to see how many people it prices out that actually, "add" to the atmosphere. The Mercedes Benz Superdome is one of the most antiquated stadiums in terms of, well, pretty much everything you can imagine. The sightlines are lousy, and even though they did massive renovations, it is in the bottom 5 of NFL venues. They have loud fans, and even those coon-asses deserve better than that dump. Their cheap owner should have taken that federal money and built a new stadium for that team after Katrina. The bonus to having that tin can though, is that thousands of the seasons tickets range from $190-$450 for the entire season; a great value, no matter how depressed the economy is at any time.
College football will see a slight drop-off, but it is the NFL I worry that will see the biggest hit as TV continues to look great, and get cheaper--not college.
This post was edited on 5/7/13 at 11:43 am
Page 2 of 2
Popular
Back to top
Follow SECRant for SEC Football News