Down 25% In The Last Week, 2014 Final Four Tickets Are Historically Cheap

Apr 2 2014, 10:28pm CDT | by

Down 25% In The Last Week, 2014 Final Four Tickets Are Historically Cheap
Photo Credit: Forbes Business

In March Madness, history can change in an instant as a result of a shot missed or made. The same seems to be happening for Final Four tickets.  After a price bump this weekend, prices for this weekend’s final four are down significantly over the last 48 hours. The current average price for tickets on the secondary market to the semi-final game is $487 while the average price for the finals is down to $425. That is historically cheap for the semi-final game, which had a previous low of $595 in 2011, when both Kentucky and UConn also made the final four.  That year, however, two small-fan-base teams—VCU and Butler—were dancing, which meant less demand for tickets.  At that point, the games which were held at Reliant Stadium also set a record for attendance for NCAA tournament game, at 75,421.  That massive capacity helped drive down prices, and by tip-off for the Championship game tickets were available for as low as $60.

For the 2014 edition, capacity is ever greater, and it’s expected that the game will break the attendance record set at Reliant Stadium in 2012.  Depending on how much standing room is released for the game, it could also eclipse the all-time record for a college basketball game, when 78,129 people attended ‘Basketbowl’ in 2003. Held at Ford Field between Michigan State and Kentucky, it is the second-highest attended basketball game ever, behind only the 2010 NBA All-Star game–also held at AT&T stadium. After Saturday’s semi-final game, AT&T stadium will likely hold the record for both a College and Pro basketball game.  Under the weight of all that capacity, ticket prices wither, and the 2014 Final Four semi-final will likely be the first in the last five years to have a get-in price under $100.  The current get-in price is $113, but with over 5,000 tickets still available and just over two days until tip, prices will likely continue to drop.  The previous low for a get-in price was 2011 when $161 got you an upper-level nosebleed.   This year that same nosebleed seat will get  you a very distant view of the court, but a very good view of the massive video board that spans 25,000 square feet.  That’s the equivalent of 4,920 52” flat screen TVs, and regardless of how high up you get, you won’t miss a drop of sweat.

Below is a chart that shows Final Four Attendance over the last 19 years, which provides an interesting view of how capacity has grown in two decades.  The good news for fans is that the Final Four is the only single-game championship in any of the four major sports where $100 in enough to say that you saw it in person.


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

Mali confirms two new Ebola cases
United Nations, Nov 26 (IANS) Mali has confirmed two new cases of Ebola, bringing to total number of cases in the West African nation to eight, days ahead of the opening of a new UN Ebola response office.
Merkel warns of recession in Europe
Berlin, Nov 26 (IANS) German Chancellor Angela Merkel Tuesday warned that Europe could slide back into recession, media reported.
India, Nepal ink nine deals; Modi inaugurates trauma centre, bus service (Roundup)
Kathmandu, Nov 25 (IANS) Nepal's happiness "gives us joy", Prime Minister Narendra Modi said here Tuesday on his second visit to the Himalayan country in 100 days as both sides inked nine agreements, further cementing their close ties.
India, Nepal ink 10 deals; Modi inaugurates trauma centre, bus service (Intro Roundup)
Kathmandu, Nov 25 (IANS) Nepal's happiness "gives us joy", Prime Minister Narendra Modi said here Tuesday on his second visit to the Himalayan country in 100 days as both sides inked 10 agreements, including on $1 billion assistance to Nepal.

Latest from the Network

Ferguson smoulders as racial protests spread across US
Washington, Nov 26 (IANS) As night fell, Missouri state in Midwestern United States deployed more forces to quell violence in Ferguson after a grand jury failed to indict a white police officer in the August shooting...
Read more on Politics Balla
Saarc Summit begins in Kathmandu
Kathmandu, Nov 26 (IANS) With all eyes on Indian Prime Minister Narendra Modi's take on the future of South Asia, the 18th Saarc Summit commenced here Wednesday morning. Apart from host Nepal, all seven heads of state...
Read more on Politics Balla
Indian-origin likely candidate in Guyana polls
San Juan, Nov 26 (IANS/EFE) Guyana's ruling People's Progressive Party/Civic (PPP/C) is holding talks about presidential nominations and said its only candidate for the position of president is incumbent Donald Ramotar...
Read more on Politics Balla
Former Chelsea manager Grant to coach Ghana
Accra, Nov 26 (IANS) Former Chelsea manager Avram Grant will officially sign a contract to become the new Ghana coach, the country's football federation (GFA) said Wednesday. The "governmental agreement" was needed...
Read more on Sport Balla
Brown family lawyer denounces 'completely unfair' process
Washington, Nov 26 (IANS/EFE) The attorney for the family of Michael Brown had harsh words about the Missouri prosecutor who convened the grand jury that declined to indict white police officer Darren Wilson in the Aug...
Read more on Politics Balla
Champions League standings
London, Nov 26 (IANS) Following are the Champions League Group A-D standings ahead of Wednesday's fifth round of matches (tabulated under matches played, won, drawn, lost, goals for, against, points), according to...
Read more on Sport Balla
US urges eradication of armed rebels in Congo
Washington, Nov 26 (IANS) The US Tuesday called for efforts to wipe out illegal armed groups in eastern Democratic Republic of the Congo (DRC), as the number of civilians killed there has risen to some 200 in less than...
Read more on Politics Balla
Eating healthy tough for Cumberbatch
Los Angeles, Nov 26 (IANS) Actor Benedict Cumberbatch says he struggles to eat health food. The "Sherlock" star says that despite trying his best to maintain his nutritious diet, he often struggles to keep it up while...
Read more on Celebrity Balla
24 killed in coal mine fire in China
Beijing, Nov 26 (IANS) At least 24 workers were killed and 52 others injured in coal mine fire in northeast China's Liaoning Province early Wednesday, the state-owned Liaoning Fuxin Coal Corporation said. The fire...
Read more on Politics Balla
Jordin Sparks hits out at Jason Derulo
Jordin Sparks has taken a swipe at her ex-boyfriend Jason Derulo in a song. The 24-year-old beauty appears to take aim at her former lover, with whom she had a three-year relationship that ended in September, in her...
Read more on Celebrity Balla