Wednesday, October 31, 2012
Prices plummet for Thursday tickets
By Mike Mazzeo
The big game is still on -- but ticket prices are plummeting.
The Nets and Knicks will play on Thursday night at the Barclays Center, but traveling to the $1 billion arena is going to be a significant problem for fans due to the devastation caused by Hurricane Sandy.
Writes ESPN.com sports business reporter Darren Rovell:
The change in market demand can best be seen on the ticket resale market. Just five days ago, the cheapest ticket on the secondary market was $201. By Wednesday morning, a fan could buy a seat for $144, according to TiqIQ, a resale ticket market search engine. On popular resale ticket site StubHub, a lower level center court seat that couldn't be had for less than $800 last week can be snapped up for $550 on Wednesday morning. The average ticket purchased for the game on StubHub has plummeted 31.5 percent since last week, going from $371 to $253 per seat.