360° Coverage : Thanks To Best Record In Baseball, Brewers Tickets Up 19% Since...

2 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...

Filed under: news

 
 
 

25 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
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 company (NewCo) and slashing the workforce of 20,000 by 30 p ...
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 double tragedies ...
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

US defence department to create medical team for Ebola
Washington, Oct 20 (IANS) The US Department of Defense said Sunday the military is creating a 30-member team which will be tasked with providing emergency assistance in case of Ebola virus infection in the country.
 
 
Israel's Tamar gas field to sell gas to Egypt
Jerusalem, Oct 20 (IANS) Israel's Tamar gas field announced Sunday they have signed a bid to sell at least five billion cubic meters of natural gas over three years to private consumers in Egypt.
 
 
Liberian president calls for global support to fight Ebola
Monrovia, Oct 20 (IANS) Liberian President Ellen Johnson Sirleaf Sunday called on the international communities to join the country to fight the Ebola virus disease.
 
 
Spanish nurse tests negative for Ebola virus
London, Oct 20 (IANS) The Spanish nurse who became the first person to contract Ebola outside West Africa has tested negative for the virus, the government said.
 
 
 

Latest from the Network

Bush shoe-tossing painting hits record at Doha auction
Doha, Oct 15 (IANS/EFE) A controversial painting by Iranian artist Mahmud Obaidi, depicting an Iraqi journalist throwing shoe in 2008 at then US president George W. Bush, was sold for $62,500 at a Sotheby's auction in...
Read more on Celebrity Balla
 
US offers $45 mn bounty for eight terror leaders
Washington, Oct 15 (IANS) The US said Tuesday it is offering rewards totalling up to 45 million dollars for information on eight key leaders of the Al Qaeda in the Arabian Peninsula (AQAP) terrorist organisation. The...
Read more on Politics Balla
 
UNSC extends peacekeeping mission's term in Abyei
United Nations, Oct 15 (IANS) The UN Security Council (UNSC) has renewed the mandate of the UN peacekeeping mission in the Abyei border region between Sudan and South Sudan. In an unanimously adopted resolution, the...
Read more on Politics Balla
 
Ebola cases in West Africa could reach 10,000 per week: WHO
Geneva, Oct 15 (IANS) The World Health Organisation (WHO) has warned that the Ebola epidemic in West Africa could reach 5,000 to 10,000 cases per week by the first week of December. "Quite frankly, ladies and...
Read more on Business Balla
 
Turkey, Singapore sign strategic partnership agreement
Ankara, Oct 15 (IANS) Turkey and Singapore have signed a strategic partnership agreement to boost economic, political and cultural cooperation, as well as security collaboration, during the official visit of...
Read more on Politics Balla
 
Christina Aguilera is returning to 'The Voice' USA
Christina Aguilera will return to 'The Voice' USA next year. The 'Your Body' hitmaker, who previously shared a rotating spot on the judging panel with Shakira, has been replaced by Gwen Stefani this season as she is...
Read more on Celebrity Balla
 
Kesha's music producer hits back
Kesha is being countersued by her record company boss, Dr. Luke. The 41-year-old music producer, who runs Kemosabe Records, claims the 27-year-old 'Tik Tok' singer is a liar and is trying to extort him after she accused...
Read more on Celebrity Balla
 
Jason Derulo won't get back together with Jordin Sparks
Jason Derulo insists his split from Jordin Sparks is permanent. The 'Talk Dirty' hitmaker, who recently ended his relationship with the 'No Air' singer after three years of dating, has ruled out getting back together...
Read more on Celebrity Balla
 
Josh Groban feels 'very lucky' to be dating Kat Dennings
Josh Groban feels ''very lucky'' to be dating Kat Dennings. The 'Brave' hitmaker was very nervous before singing in front of the '2 Broke Girls' actress for the first time at the Carousel of Hope Ball in Beverly Hills,...
Read more on Celebrity Balla
 
Australian Richard Flanagan wins 2014 Man Booker prize
London, Oct 15 (IANS) The first Man Booker prize to allow American nominees was Tuesday night won by an Australian, with Richard Flanagan triumphing for a novel of love and war that tells the harrowing stories of...
Read more on Celebrity Balla