360° Coverage : NBA and NHL Playoffs On Pace For Most Game Sevens In History

2 Updates

NBA and NHL Playoffs On Pace For Most Game Sevens In History

May 3 2014, 12:48am CDT | by

When it comes to the postseason, nothing is more exciting than an elimination Game 7.  If the measure of a post-season’s quality is the number of Game 7s, we’re on pace for the most exciting post-...

Filed under: news

 
 
 

24 weeks ago

NBA and NHL Playoffs On Pace For Most Game Sevens In History

May 3 2014, 12:48am CDT | by

When it comes to the postseason, nothing is more exciting than an elimination Game 7.  If the measure of a post-season’s quality is the number of Game 7s, we’re on pace for the most exciting post-season in modern history. For a list of average prices for all game sevens in round one, visit the TiqIQ blog. In their opening rounds, both the NBA and NHL had three Game 7s scheduled on the same day for the first time.  With the Nets game six win at Barclays Center and the Mavericks win at American Airlines arena, the NBA now has five game sevens on the schedule over the next two days. Since the NBA changed the quarterfinals to a seven-game series in 2003, only two post-seasons have had more than three total Game 7s.  Depending on the outcome of tonight’s final game, there could be a total of six….just in round one.  While the NBA is going seven at an unprecedented clip, the NHL is also doing its best to keep up. On Wednesday, the NHL had its first three-Game 7 night since 2003.  To put all of these Game 7s into perspective, the most combined NHL and NBA Game 7s in one year was 12 back in 1994.  So far 50% of NHL and NBA Series have gone seven, and at the current pace there would be 15 by the time two champions are crowned. If the Rockets win tonight, they’ll play the sixth game 7 at the Toyota Center.

One bi-product of Game 7 excitement is high ticket prices. Along with TV ratings, Game 7 prices may be the best indicator of how badly fans want to advance. Based on that measure, Thunder fans want it the most, with a 70% premium over the series average. Of all the games currently scheduled, Pacers fans are the most indifferent, with a 13.36% premium.  You can also get into that Game 7 for $29, which is 71% lower than the average get-in price for the NBA Game 7s.  Since 2003, 16% first-round series have gone seven.  For 2014, we’re already at 37.5% and that could get as high as 75%.

Compared to NBA Game 7s, 29% of all NHL series have gone seven over the last 11 years. That means this year’s pace is just slightly ahead of the average. In the NHL, given the relative lack of scoring and opportunity for luck, upsets are much more common than the NBA.   Over the last 11 years, 35% of lower seeds have won a first-round series and five of those lower seeds have reached the Stanley Cup finals.  In 2012, the 8-seed Kings beat the 6-seeded Devils in the Stanley Cup Finals.  The NBA, however, is a very different story.  With an average of 70-100 shots taken every game, it’s much harder for luck to play into the outcome of a game.  As evidence of that, since 2000 there have only been two teams below a five seed have won the NBA finals, and only 20% of 5-8 seeds have won a first-round series. Only one of those teams went on to win a second series– last season’s Memphis Grizzlies. The only notable case of a lower seed making the NBA Finals was the 1998-99 Knicks, who made it as an eight-seed then lost to San Antonio in five games.

The biggest difference this season in the NBA the consistent quality levels in both the East and West. In the East, that quality is low, and with Indiana’s second-half slide, the only elite team in the East is the Miami Heat. The Western Conference is the opposite, with a consistently high level of talent. While the West has always been the more competitive conference, this season almost every team is a legitimate contender.

Amidst all this Game 7 excitement, the only outcome that seems certain is that the Heat emerge victorious in the East.  Along with the Wizards, they dominated their first round opponents with little to no drama.  It’s no coincidence then that the Heat were only one of two teams that had an average price on the Secondary market below face price.  While most fans would prefer the easy route to glory, ticket prices are the best evidence that it’s much more exciting, and expensive, to see your team get there the hard way.

 
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 ...
Source: Business Times Singapore   Full article at: Business Times Singapore
 

 
Update
1

8 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 tra ...
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 gives Rwanda $7.2 mn for policy planning
Kigali, Oct 25 (IANS) The government of Rwanda and One UN Rwanda Friday signed 7.2 million dollars financing deal to build capacity in data generation and enhance evidence based on policy planning.
 
 
US nurse with Ebola to be discharged from hospital
Washington, Oct 24 (IANS) A US nurse infected with the Ebola virus disease while caring for a patient from Liberia in Texas will be discharged from hospital soon, the US National Institutes of Health (NIH) said Friday.
 
 
Hundreds of thousands of Ebola vaccines to be ready in 2015: WHO
Geneva, Oct 24 (IANS) Assistant Director-General of World Health Organisation (WHO) Marie-Paule Kieny Friday said hundreds of thousands of Ebola vaccines might be ready for use in the first half of 2015 to turn the tide against the deadly epidemic.
 
 
EU increases aid to fight Ebola in Africa to $1.27 bn
Brussels, Oct 24 (IANS/EFE) The European Union (EU) will increase to one billion euros ($1.27 billion) its contribution to combating the Ebola epidemic in the West African countries worst affected by the deadly virus, European Council President Herman Van Rompuy said Friday.
 
 
 

Latest from the Network

Second MERS case reported in Qatar
Doha, Oct 23 (IANS) A 43-year-old man in Qatar has tested positive for Middle East Respiratory Syndrome (MERS) in the second confirmed case of the deadly virus in 10 days, media reported Thursday. The patient had...
Read more on Business Balla
 
Two people die in Pakistan bomb blast
Islamabad, Oct 23 (IANS) At least two people were killed and 12 others injured in an explosion that took place in Pakistan's Balochistan province Thursday, media reported. The bomb was planted on a motorcycle, Dawn...
Read more on Politics Balla
 
Trott extends contract with Warwickshire till 2017
London, Oct 23 (IANS) England batsman Jonathan Trott, whose mental issues led to his abrupt departure from last winter's Ashes tour, has confirmed his successful comeback to competitive cricket by signing a new three-...
Read more on Sport Balla
 
Srikanth, Kashyap big movers in BWF rankings
Kuala Lumpur, Oct 23 (IANS) Indian men shuttlers Kidambi Srikanth and Parupalli Kashyap jumped seven places each in the latest Badminton World Federation (BWF) rankings released Thursday while Olympic bronze medallist...
Read more on Sport Balla
 
Alvin Stardust dead
London, Oct 23 (IANS) English singer Alvin Stardust died after a short illness. He was 72. Stardust's manager confirmed the news about his demise Thursday, reports mirror.co.uk. He was recently diagnosed with...
Read more on Celebrity Balla
 
Indian man reunited with family after 40 years
Dubai, Oct 23 (IANS) An Indian man, who had disappeared from his hometown in Kerala nearly 40 years ago, has been found by his family at a hospital in Dubai in the UAE, a newspaper report said. Now in his 60s, Abdulla...
Read more on Politics Balla
 
Srikanth, Kashyap, Saina rise in world rankings
Kala Lumpur, Oct 23 (IANS) Indian men shuttlers Kidambi Srikanth and Parupalli Kashyap jumped seven places each in the latest released Badminton World Federation (BWF) rankings Thursday while Olympic bronze medallist...
Read more on Sport Balla
 
Flintoff signs for Big Bash side Brisbane Heat
Brisbane, Oct 23 (IANS) Former England captain and all-rounder Andrew Flintoff, who retired from international cricket in 2009, Wednesday confirmed that he will play for Brisbane Heat in the Big Bash League (BBL) this...
Read more on Sport Balla
 
OPEC daily basket price falls again
Vienna, Oct 23 (IANS/WAM) The basket of 12 crude oils of the Organization of Petroleum Exporting Countries (OPEC) closed at $81.94 a barrel Wednesday compared to $82.09 Tuesday, the OPEC Secretariat said. The new OPEC...
Read more on Business Balla
 
Lopez to sign multi-million dollar deal?
Los Angeles, Oct 23 (IANS) Singer-actress Jennifer Lopez is reportedly in the final stages of securing a multi-million dollar deal to perform in Las Vegas. The 45-year-old is being offered $350,000 per show at The...
Read more on Celebrity Balla