360° Coverage : Amidst Drop In Prices For Super Bowl Tickets, Club Seats Are...

2 Updates
Amidst Drop In Prices For Super Bowl Tickets, Club Seats Are Only Area Holding Value

Amidst Drop In Prices For Super Bowl Tickets, Club Seats Are Only Area Holding Value

Jan 30 2014, 9:39pm CST | by

After a momentary bump on this Tuesday, Super Bowl ticket prices have continued their  decline from last week. Today, the average list price for Super Bowl tickets is now $2,465, a decline of 34%...

Filed under: news

 
 
 

37 weeks ago

Amidst Drop In Prices For Super Bowl Tickets, Club Seats Are Only Area Holding Value

Jan 30 2014, 9:39pm CST | by

After a momentary bump on this Tuesday, Super Bowl ticket prices have continued their  decline from last week. Today, the average list price for Super Bowl tickets is now $2,465, a decline of 34% since the morning of Conference Championship Sunday.  While the rate of decline is now much slower, it is still declining by $50-$100 each day.  The ticket decline has not discriminated to any areas of MetLife Stadium, with one exception:  Club Seats.  The Chase and Lexus Clubs are located along the mezzanine sidelines on the east and west sides of the stadium. Both clubs offer the same amenities and services, including indoor food and beverage service.  While weather concerns have been a major culprit for the dropping prices,  Club prices have been immune to the elements, just like the lucky people that that will be sitting there. Since last Monday, Club Corner and Club Center seats have only declined by 6.61% and 9.34% respectively, to their current averages of $3,364 and $5,163.

The following chart lays out available ticket quantities for each section or zone of the MetLife Seating Chart, and the average price declines over the past 10 days:
/>

To put this all into perspective, on the morning of Conference Championship Sunday, there was not a single ticket on the secondary market available for under $2,233. As of today, there are 4,798 tickets available under $2,233 and the get-in price for SuperBowl tickets to XLVIII is down to $1,454. There are also substantial deals to be had in the Mezzanine and Lower sections on Metlife Seating chart as well, with seats available in each for well under $2,000. One metric we look at in order to determine the best deals on the market is relative value percentage, which is the percent difference between the list price of a specific seat and the average price for a seat in that section. By that measure, the below are the best deals on the market for Lower, Mezzanine, and Upper sections:

  • Upper Best Value – Section 325, Row 10 – $1,454 (28% below market price)
  • Mezz Best Value -  Section 249B, Row 2 – $1,566 (30% below market price)
  • Lower Best Value – Section 121, Row 28 – $1,805 (35% below market price)

While Club seats have held value the best, their high-class cousin, the Suite market, has not been so lucky. As of last week, the most expensive suites on the market topped $1 million dollars, and there were none less expensive than $500k. Currently, the most expensive suite is listed at $624k and the cheapest is available for $180k. All suites can accommodate up to 30 guests, which works out to $6,000 per guest for the least expensive suite, which is just a little more expensive than buying a Club seat in the mezzanine level.  It seems when it comes to the Super Bowl, volume discounts don’t apply.

Here’s a list of all the events that you can tee up with the money you’re saving on Super Bowl tickets.

Source: Forbes Business

 
Update
2

7 weeks ago

Khazanah throws MAS RM6b lifeline

Aug 29 2014 5:01pm CDT | Source: Business Times Singapore

August 30, 2014 1:15 AMKHAZANAH Nasional will inject RM6 billion (SS$2.4 billion) over three years to resuscitate loss-making Malaysia Airlines (MAS) under a recovery plan that includes even an Act of Parliament. Other key moves are migrating its operations, assets and liabilities to a new compan ...
Source: Business Times Singapore   Full article at: Business Times Singapore
 

 
Update
1

7 weeks ago

MAS posts loss of RM307m for Q2

Aug 28 2014 5:00pm CDT | Source: Business Times Singapore

August 29, 2014 1:13 AMMALAYSIA Airlines (MAS) registered a loss of RM307 million (S$122 million) for the second quarter to end-June, but warned of worse to come in the second half when the "full financial impact of the d ...
Source: Business Times Singapore   Full article at: Business Times Singapore
 

 

Don't miss ...

 

<a href="/latest_stories/all/all/30" rel="author">Forbes</a>
Forbes is among the most trusted resources for the world's business and investment leaders, providing them the uncompromising commentary, concise analysis, relevant tools and real-time reporting they need to succeed at work, profit from investing and have fun with the rewards of winning.

 

blog comments powered by Disqus

Latest stories

UN chief seeks more efforts for Millenium Development Goals
United Nations, Oct 21 (IANS) UN Secretary-General Ban Ki-moon has called on the scientific community to invest more talent and resources to research that would contribute to UN' s Millennium Development Goals (MDGs).
 
 
EU to intensify efforts against Ebola
Brussels, Oct 21 (IANS) The European Union (EU) has decided to intensify efforts to protect its citizens, health workers against the ongoing spread of the Ebola virus in West Africa.
 
 
Germany, France agree to boost investment
Berlin, Oct 21 (IANS) Germany and France have agreed to strengthen investment for the euro zone economy.
 
 
EU strengthens sanctions against Syria
Brussels, Oct 21 (IANS) The European Union (EU) Monday announced it was strengthening sanctions against Syria.
 
 
 

Latest from the Network

1,074 new dengue cases in Chinese province
Beijing, Oct 18 (IANS) China's Guangdong province has reported 1,047 new cases of dengue fever, health authorities said Saturday. Six people have already died in Guangdong -- five in Guangzhou and one in adjacent...
Read more on Business Balla
 
Blake Lively 'always' wanted to be mum
Blake Lively has ''always'' wanted to be a mother. The 27-year-old actress is expecting her first child with husband Ryan Reynolds and she admits she's been dreaming of this moment since she was a youngster. Speaking...
Read more on Celebrity Balla
 
Kris Jenner 'torn apart' by Bruce's new relationship
Kris Jenner feels ''torn apart and angry'' that Bruce Jenner is dating her former assistant. The 58-year-old matriarch split from the 64-year-old Olympic gold medalist last October following 22-years of marriage but is...
Read more on Celebrity Balla
 
Cheryl Fernandez-Versini won't move to France
Cheryl Fernandez-Versini doesn't want to move to her husband's home country of France. The 'X Factor' judge, 31, who comes from Newcastle, is adamant she won't be relocating any time soon to suit her new spouse Jean-...
Read more on Celebrity Balla
 
Lance Bass sets wedding date
Lance Bass has set a date for his wedding. The former *NSYNC singer and his partner Michael Turchin, who have been dating for two-and-a-half years, are to tie the knot on December 20, 2014, a representative for the...
Read more on Celebrity Balla
 
Nepal avalanche toll reaches 39
Kathmandu, Oct 18 (IANS) At least 39 climbers died while hiking on a key Nepali route after it was hit by a major snowstorm and avalanches earlier this week, BBC reported Saturday citing officials. Over 350 stranded...
Read more on Politics Balla
 
Jake Gyllenhaal says society is complicit in 'nightcrawling'
Jake Gyllenhaal says almost everybody in society ought to relate to his new movie 'Nightcrawlers'. The eagerly-awaited film concerns those people who monitor police scanners and then race to crime scenes to film eye-...
Read more on Movie Balla
 
India eves look for first win in AFC U-16 qualifiers
Dhaka, Oct 18 (IANS) India will hope to register their first win of the 2015 Asian Football Confederation (AFC) Under-16 Women's Championship qualifiers when they take on hosts Bangladesh in a crucial encounter at the...
Read more on Sport Balla
 
Moyes mulling return to management
London, Oct 18 (IANS) Former Manchester United manager David Moyes said that he is ready to revive his managerial career six months after being sacked by the 'Red Devils'. "I am ready to return. I have enjoyed the...
Read more on Sport Balla
 
Ebola fears loom over Ghana hosting AFCON
Accra (Ghana), Oct 18 (IANS) The Ghana Medical Association (GMA) cautioned the government Saturday against hosting the 2015 African Cup of Nations (AFCON), despite a request by the Confederation of African Football (...
Read more on Sport Balla