Game 7's More Prevalent And A More Expensive Ticket In NHL Than NBA Playoffs

May 16 2014, 6:27pm CDT | by

Over the past four seasons, there have been 35 series across the NHL and NBA playoffs to go seven games. Most of them have come from the NHL. At the conclusion of the current conference semifinals in each league, there will have been a total of 57 playoff series since 2011. While the NBA has seen 13 playoff series (22.81%) reach seven games over that time frame, the NHL has seen 22 (38.6%). But not only are Game 7s more prevalent in the NHL, fans are also paying more on average and higher premiums over the rest of the series to see these deciding games.

According to TiqIQ, Game 7 tickets in the NHL have sold for an average of $512.42 on the secondary market over the past four seasons, 15.38% above the NBA average of $444.14. However, this figure is affected by two variables. First, while each league is represented by one championship series, tickets for the 2011 Stanley Cup Finals between Boston and Vancouver were far more expensive than those for last year’s Spurs/Heat contest in the NBA Finals. This has served to inflate the NHL average a bit. Secondly, the NHL has more Game 7s from later rounds, where overall prices are typically higher. Still, it would appear that NHL fans get more excited for Game 7s than NBA fans. NHL Game 7 tickets have carried a premium of 23.18% over the average price of the other games in each respective series, while the NBA premium is a bit lower at 21.24%.

Undoubtedly, this year’s Stanley Cup Playoffs have really been a treat for fans who love an extended series. Three of the eight first round series ended up going seven games, and fans got to double down in the Conference Semifinals with another three series going the distance. While we won’t see a Game 7 in this year’s NBA Conference Semifinals, the final Game 7 of this year’s NHL Conference Semifinals between Los Angeles and Anaheim is to be decided this evening. Uncharacteristically however, the Kings/Ducks Game 7 carries an average ticket price of just $255 on the secondary market, 3.57% below the series average. This makes it the only NHL Game 7 over the past four seasons selling at a discount to the rest of the series, a feat typically reserved for the NBA where both of the conference semifinal Game 7s over the past four years have both sold at prices below the series average.

It does however seem to be the case that premiums do tend to get squeezed in the conference semifinal round overall. The NHL series to go seven games in the first round this year had an average ticket price of $303.73 and a Game 7 average of $401.56. The resulting Game 7 premium is a rather significant 32.21%. In the second round, tickets from the seven game series have averaged $386.52 on the secondary market, but only $403.53 for Game 7s—a premium of just 4.4%. Some might blame the matchups or teams involved for this phenomenon, but that would be somewhat erroneous seeing as the Rangers and Kings were involved in seven game series in both rounds, and the Canadiens/Bruins matchup in the Conference Semifinals is one of the most storied rivalries in sports. Indeed, while the elevated ticket prices of being another round deep provides a higher starting point that can naturally lead to lower premiums, the conference semifinal round seems to be somewhat of an outlying discount round for Game 7s not just in the NBA, but the NHL as well.

Follow Jesse Lawrence on Google+.

 
 

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

Finnish scientists identify new type of black hole
Helsinki, Oct 31 (IANS) Finnish researchers have discovered a new type of low-mass black hole, which is a bright celestial body that emits X-ray, the University of Turku has said.
 
 
Union Carbide ex-chief Warren Anderson is dead
Washington, Oct 31 (IANS) Warren Anderson, former chief executive officer of the Union Carbide Corporation, is dead, a media report said Friday. He was 92.
 
 
Himalayan Viagra fuels gold rush for local Tibetans
Washington, Oct 31 (IANS) Overwhelmed by people trying to find the prized medicinal fungus known as Himalayan Viagra, two isolated Tibetan communities have managed to implement a successful system for the sustainable harvest of the precious natural resource, suggests research.
 
 
Oceans were always there on Earth: Scientists
Washington, Oct 31 (IANS) Debunking previous theories that water came late to Earth well after the planet had formed, researchers have significantly moved back the clock for the first evidence of water on Earth and in the inner solar system.
 
 
 

Latest from the Network

Finnish scientists identify new type of black hole
Helsinki, Oct 31 (IANS) Finnish researchers have discovered a new type of low-mass black hole, which is a bright celestial body that emits X-ray, the University of Turku has said. Researchers at the Finnish university...
Read more on Business Balla
 
Union Carbide ex-chief Warren Anderson is dead
Washington, Oct 31 (IANS) Warren Anderson, former chief executive officer of the Union Carbide Corporation, is dead, a media report said Friday. He was 92. His death revived memories of the 1984 Bhopal gas tragedy. He...
Read more on Business Balla
 
Himalayan Viagra fuels gold rush for local Tibetans
Washington, Oct 31 (IANS) Overwhelmed by people trying to find the prized medicinal fungus known as Himalayan Viagra, two isolated Tibetan communities have managed to implement a successful system for the sustainable...
Read more on Business Balla
 
Oceans were always there on Earth: Scientists
Washington, Oct 31 (IANS) Debunking previous theories that water came late to Earth well after the planet had formed, researchers have significantly moved back the clock for the first evidence of water on Earth and in...
Read more on Business Balla
 
Wearable health devices key for safe space tourism
New York, Oct 31 (IANS) At a time when several firms are developing spacecrafts to take ordinary citizens on short trips into space, scientists have outlined the risks and challenges involved in human commercial...
Read more on Business Balla
 
Early Walmart Cyber Monday 2014 Sale and Holiday 2014 Sale announced
Walmart has revealed their first Holiday 2014 sales details. Starting Saturday Walmart will offer over 20,000 rollback deals. New this year are early Walmart Cyber Monday 2014 sales starting midnight on walmart.com.On...
Read more on Black Friday Countdown
 
Nestle to introduce robots as sales clerks
Tokyo, Oct 31 (IANS/EFE) Nestle will use robots as sales clerks at its outlets selling coffee makers in Japan, an initiative that will later spread worldwide, a Nestle spokesperson confirmed to EFE news agency....
Read more on Celebrity Balla
 
Healthy diet for infants prevents obesity later
New York, Oct 31 (IANS) If you do not want your baby to grow up into an overweight adult, make sure you feed him or her healthy diet from the very first year, a study suggests. Babies who eat diets high in sugar, fat...
Read more on Business Balla
 
Popular mosquito catcher in Japan uses human odour as bait
Tokyo, Oct 31 (IANS) A novel mosquito trap that lures its prey using human scent and other smells favoured by the critter is creating a buzz as Japan frets about the spread of dengue fever. The boxlike device is the...
Read more on Business Balla
 
Antarctic ozone hole stands steady: Scientists
Washington, Oct 31 (IANS) The Antarctic ozone hole has reached its annual peak size and holds steady, say scientists, trying to determine if the ozone hole trend over the last decade is a result of temperature...
Read more on Business Balla