10 Updates

Thanks To Best Record In Baseball, Brewers Tickets Up 19% Since Beginning Of MLB Season

Apr 22 2014, 6:51pm CDT | by

Now about three weeks into the MLB schedule, teams have begun to establish their identities. At this point last year, the Boston Red Sox, Atlanta Braves, Oakland Athletics, and Pittsburgh Pirates...

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13 weeks ago

Thanks To Best Record In Baseball, Brewers Tickets Up 19% Since Beginning Of MLB Season

Apr 22 2014, 6:51pm CDT | by

Now about three weeks into the MLB schedule, teams have begun to establish their identities. At this point last year, the Boston Red Sox, Atlanta Braves, Oakland Athletics, and Pittsburgh Pirates had all gotten out to fast starts, announcing their presence to the league as competitive teams despite lower expectations heading into the season. All four teams would go on to make the playoffs, with the Red Sox eventually winning the World Series. Contrarily, teams such as the LA Angels and Washington Nationals stumbled a bit out of the gate, and eventually faded out of contention by the summer months. Typically, performance out of line with expectations will begin to have an effect on ticket prices around this time of the year. Unexpectedly good teams will start to show price increases, while teams failing to live up to expectations will exhibit some decline. So far this season there has been no bigger surprise across baseball than the Milwaukee Brewers, and it shows in secondary market ticket pricing.

At 15-5, the Brewers currently hold the best record in either league. Fans in Milwaukee have taken notice, as tickets on the Brewers schedule  have seen the largest price increases in baseball. On April 1, Brewers tickets carried an average price of $78.55 on the secondary market. Now three weeks later, they have shown an increase in price of 19.27% and currently check in at an average of $93.69. This figure puts the Brewers firmly within the top third of ticket prices across baseball, whereas back on April 1 they were squarely in the middle of the pack. While it is highly unlikely they will ever match the prices of tickets on the Red Sox schedule  or Yankees schedule , Brewers tickets now have prices similar to Giants tickets and Cubs tickets, two teams with devoted fan bases that have been entrenched among the highest priced tickets for a number of years. This is no small accomplishment.

Joining the Brewers with surprisingly fast starts out of the gate are the Atlanta Braves and Oakland Athletics. Although not exactly taking anyone by surprise in the same manner that they did last year, these two teams were not expected to lead their divisions again this season. After seeing each of these teams win 96 games a year ago, Las Vegas still set win totals for the Braves and Athletics at 86.5 and 87.5 for 2014. Both teams seem once again poised to reward bettors that took the over. The Braves currently boast the best run differential in the National League at +25, and have allowed the fewest runs in all of baseball despite a pitching staff that lost Kris Medlen and Brandon Beachy for the season to Tommy John surgery, and has been without ace Mike Minor to this point. This relatively unexpected early success has led to an increase in Braves tickets   from the April 1 average of $69.57 to today’s average of $69.57, a premium of 1.07%. Across the country in Oakland, the A’s are the only team in baseball with a run differential better than the Braves, currently at +31. They too have done it on the strength of pitching, with their 59 runs allowed thus far being the lowest in the American League. As a result of their success last season, A’s tickets were already up 10% over 2013 at the start of the season. Thanks to their fast start this year, they have been able to hold onto that premium.

On the opposite side of the spectrum, the Diamondbacks are perhaps the most disappointing team in baseball thus far. With a preseason Vegas win total of 80, Arizona was expected to be competitive this season and give the Dodgers a run for the NL West crown. Up to this point, however, the Diamondbacks have been the single worst team in baseball, running up an abysmal -55 run differential and 5-17 record, both league worsts. The Diamondbacks have been featured on the Dodgers schedule six times this season and to date have a 1-5 record against their divisional rivals. As a result, Diamondbacks tickets have dropped -2.75%, to an average of $63.18 after opening the season at $64.97 on April 1. Of course, this decline leaves a lot of room for upward mobility. Perhaps the Diamondbacks, who still have a fairly talented roster, are just setting the stage to exceed expectations and be among the biggest risers for the second-half of the season.

 
Update
10

7 weeks ago

RM47mil KWSG contributions still unclaimed

Jun 9 2014 7:54am CDT | Source: Business Times Malaysia

KUALA LUMPUR: About RM47 million of contributions in the Teachers Provident Fund (KWSG) still remain unclaimed, the Dewan Rakyat w ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
9

7 weeks ago

Gold shop lost almost RM1mil

Jun 9 2014 3:50am CDT | Source: Business Times Malaysia

KANGAR: A gold shop owner lost almost RM1 million after after the safe on in his shop was broken into by r ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
8

7 weeks ago

Motion to debate MAS losses in Dewan Rakyat rejected

Jun 9 2014 3:39am CDT | Source: Business Times Malaysia

KUALA LUMPUR: AN emergency motion to debate the losses incurred by Malaysia Airlines last year, amounting to RM1.2 billion was rejected by the Dewan Rakyat toda ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
7

7 weeks ago

MH370 Tragedy: Hisham: RM27.6 mil spent on 1st phase of SAR

Jun 9 2014 2:11am CDT | Source: Business Times Malaysia

KUALA LUMPUR: Malaysia spent some RM27.6 million in its first phase of the search operations for missing Malaysia Airline flight MH370, said Acting Transport Minister, ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
6

7 weeks ago

9.1m litres of diesel seized in a month

Jun 8 2014 1:11am CDT | Source: Business Times Malaysia

PUTRAJAYA: The Domestic Trade, Cooperatives, and Consumerism ministry has seized some 9.1 million litres of diesel and property worth RM58 million since mounting ‘Operasi Diesel Sela ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
5

7 weeks ago

Girl, 9, awarded RM2.78m compensation for medical negligence

Jun 6 2014 4:56am CDT | Source: Business Times Malaysia

KUALA LUMPUR: A nine-year-old girl who suffered brain damage during her birth at a government hospital was awarded over RM2.78 m ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
4

7 weeks ago

Malaysia's total trade in April up 12pc

Jun 5 2014 11:52pm CDT | Source: Business Times Malaysia

KUALA LUMPUR: Malaysia's total trade in April 2014 rose by 12 per cent from a year ago to RM123.86 billion due to growing trading activities, International Trade and Industry Minister Datuk Seri Mustapa Moh ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
3

7 weeks ago

Works Ministry to spend RM20m for upgrading works at 50 accident black spots

Jun 4 2014 11:35pm CDT | Source: Business Times Malaysia

JOHOR BARU: The Works Ministry will implement upgrading works at 50 accident prone locations in the country that have been identified this year involving an a ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
2

7 weeks ago

Najib launches loan scheme for Ramadan traders

Jun 4 2014 10:24pm CDT | Source: Business Times Malaysia

PUTRAJAYA: Prime Minister Datuk Seri Najib Razak today launches RM45 million Ramadan Baz ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
1

7 weeks ago

Residents bring up objection against Kidex to Suhakam

Jun 4 2014 4:49am CDT | Source: Business Times Malaysia

PETALING JAYA: A group of 20 Petaling Jaya residents held a meeting with the Human Rights Commission of Malaysia (Suhakam) over their objection against the proposed RM2.2 bill ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 

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