Sunday, June 10, 2012
Patriots & secondary ticket market
By Field Yates
Since its opening at the start of the 2002 NFL season, Gillette Stadium has been sold out for every Patriots regular-season and postseason game it has hosted.
It’s an impressive streak, and a testament to the loyalty of the fan base for the winningest franchise in football over the past decade.
Tickets aren’t easy to come by. And they aren’t cheap, either.
In fact, according to research conducted by 24/7 Wall St., the average price of a single ticket to a Patriots’ home game is the most expensive on the secondary market in all four major professional sports, registering at just less than $242 apiece.
The secondary ticket market is comprised of tickets sold other than directly through the team, through outlets such as StubHub, eBay and other online distributors.
A multitude of factors contribute to ticket prices, and the high demand and prices paid for entry to a game at Gillette can certainly be traced to the team’s recent run of success on the field.
As the article points out, the value of the franchise has skyrocketed since current owner Robert Kraft assumed control in 1994, and is now valued at $1.4 billion, third-highest in the NFL.
The Boston Red Sox, who play at Fenway Park located roughly 40 minutes (depending on traffic, of course) away from Gillette Stadium, lay claim to the most expensive ticket on the secondary market amongst baseball teams, at $88.26.