Oct
07

Baseball, ticket prices and the economy

By

While this morning, we joked about the Yanks’ impact on the economy, this afternoon, Maury Brown talks us through the economy’s impact on baseball. Recently, Bud Selig, often accused of being a socialist commissioner, urged owners to think long and hard about raising ticket prices in the future. MLB saw attendance hold steady — and not increase — this year, and with the U.S. economy on shaky ground, luxury events such as sports may suffer if ticket prices fall out of line with what the average fan can afford to pay.

Categories : Asides
  • http://www.workwithpete.com Pete

    Clearly he wasn’t including the Yankees in that statement, right…?

    RIGHT?!!!

  • cult of basebaal

    heh. it’s going to be VERY interesting to watch ticket prices and attendance at the stadium next year and beyond. NYC is losing a boatload of stupid paying finance jobs and they ain’t coming back. plus next year’s gonna be a bad, bad year for the economy …

    • A.D.

      the finance jobs will be back, but not for a few more years. Plus there are some banks that would have had corporate seats that are gone

  • CountryClub

    The stadium will be full next year. But I wouldnt be surprised to see ticket prices drop in 2010.

  • UNION YES.

    Save us Jebus!

  • http://barackobama.com TurnTwo

    may suffer?

    i sure as hell cant afford to do anything.

  • Count Zero

    Every time I look at the balance in my 401K I want to cry.

    Go figure…a bunch of lackadaisical billionaires are completely out of touch with the financial situation of 99% of the US population. We’ll see how that idea plays out when advance season ticket sales for MLB are off by 10% or more this winter.

  • Ban Bud

    Now now, just because Bud Selig believes baseball’s franchises should have their profits reconfigured “from each according to ability, to each according to their need”, that doesn’t make him a socialist. Right?

    • A.D.

      haha, though in reality some version of revenue sharing in pro sports makes sense given that the other teams all need each other, sure the Yanks have an amazing following, but they need the TB, KCs, Orioles, and Indians to play to get fans in the seats. If they just played the Angels, Sox, Sox, and Tigers over 162 games it would get pretty boring

  • ortforshort

    Selig has always been selfish and greedy and envious of the haves in the sport. He started out as a used car salesman and then stole a franchise from Seattle for Milwaukee. When he became commissioner, he almost ruined baseball with the 1994 player lockout and then got lucky when pumped up Sosa and McGwire had three years of home run derby to bring the fans back. Selig also lucked out as commissioner when the Orioles built Camden Yards, thus causing a rennaissance in ballparks and bringing back fans in droves. Selig always railed about being a small market team, making excuses for putting a bad product on the field, and its not surprising that the Brewers became a contender after he sold them off. He also single handedly ruined the chances of the Expos surviving in Montreal by brokering a deal for baseball to buy the Expos from his buddy Jeffrey Loria. Selig also wanted baseball to close down the Twins by buying out his buddy Carl Pohlad. Also, the cockamamie set in baseball with 16 teams in the NL and 14 teams in the AL was worked out just so that Selig’s Brewers could be in the National League. A 15-15 arrangement would have been much better with the odd teams in each league playing each other interleague rather than the way interleague ball is run now. Anyway, any idea Selig comes up with is a bad one because its based on personal selfishness or having one of his buddies make a windfall at the league’s or the fan’s expense. By the way, with the economy melting down, baseball ticket prices are at the bottom of my list of concerns. There’s your job, your house, your 401K, your bank account, your college funds, your divorce lawyer fees, your health care payments, then baseball ticket prices.