Secondary market prices up 77 percent for Friday

Cashman: A-Rod dealing with 'minor' thumb injury
Open Thread: Triple-A All Star Game

Our partners at TiqIQ have put together the following graphic on ticket prices since George Steinbrenner passed away yesterday. With the Yanks out of action until Friday, tickets for the game have increased by 77 percent since Tuesday morning. Those seats that are generally the least expensive have seen the biggest increase with Grandstand prices spiking by nearly 200 percent. For those looking to buy and those looking to sell, the market strikes me as capitalism the Boss would have loved.

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Cashman: A-Rod dealing with 'minor' thumb injury
Open Thread: Triple-A All Star Game
  • http://twitter.com/dpatrickg Dirty Pena

    Wow. What’s a good comparison for when tickets are usually this expensive?

    • http://www.tiqiq.com TiqIQ

      @Dirty Pena, The most similar we’ve seen in our year-plus tracking the ticket market was when Brett Favre announced his ‘un-retirement’ last year. Prices for all Vikings games went up about 150% and prices for the Vikings-Packers game a Lambeau field went up by over 200%. Prices eventually game down a bit over the course of the season, but that was the biggest single-day spike we’ve ever seen.

  • IOI

    He wouldn’t have it any different.

  • http://www.teamnerdrage.com dr mrs the yankee

    The face values are incorrect, are those meant to include TicketMaster fees or???

    • http://www.teamnerdrage.com dr mrs the yankee

      To elaborate, I mean for the Grandstand. And I don’t even know what a “Grandstand Baseline” is. Grandstand infield is $25 season, $29 advance, $30 day of game. Grandstand outfield is $20 season, $22 advance, $23 day of game.

      • http://www.tiqiq.com TiqIQ

        At TiqIQ, we define our TiqZones using a methodology that combines sections we believe are comparable in value. For the the average faceprice calculation, we look at the average of available inventory across all sections in a TiqZone. In order to keep the number of TiqZones to a manageable level, we often combine sections with different face prices. As a result, the average faceprice we show may not line up with the faceprice for a section the team has defined. Yankee Stadium in particular has a very complex seating and pricing structure, and our goal is to strike a balance between simplifying things and providing sufficient detail so you can make the most informed buying decision.

        We’re always refining our TiqZones, though, so if you have specific suggestions about our approach, or even suggestions about a specific TiqZone, I’d certainly welcome them. Feel free to reach me directly at jesse@tiqiq.com.

        Thanks.

  • http://www.tiqiq.com TiqIQ

    At TiqIQ, we define our TiqZones using a methodology that combines sections we believe are comparable in value. For the the average faceprice calculation, we look at the average of available inventory across all sections in a TiqZone. In order to keep the number of TiqZones to a manageable level, we often combine sections with different face prices. As a result, the average faceprice we show may not line up with the faceprice for a section the team has defined. Yankee Stadium in particular has a very complex seating and pricing structure, and our goal is to strike a balance between simplifying things and providing sufficient detail so you can make the most informed buying decision.

    We’re always refining our TiqZones, though, so if you have specific suggestions about our approach, or even suggestions about a specific TiqZone, I’d certainly welcome them. Feel free to reach me directly at jesse@tiqiq.com.

    Thanks.

  • Rick Morse

    Why have the ticket prices spiked?? Is there a special ceremony on Friday for George M.?? I still have my stubs from the 60’s (Mantle and Maris), My dad took me to the stadium every weekend..we sat right behind home plate for $3.50 a seat!

    RIP Mr. Steinbrenner.

    • http://www.tiqiq.com TiqIQ

      The ceremony wasn’t actually announced until today around 2pm, and since then prices have gone down a bit, but people were anticipating something for the first game back.

      You can see the latest price changes here:
      http://blog.tiqiq.com/2010/07/.....e-tuesday/