From: ballm@mala.bc.ca
Newsgroups: rec.sport.hockey
Subject: Re: Ticket prices again (Was: Calder: Lindros & more)ex
Date: 10 Nov 92 22:51:31 -0700
Distribution: na
Organization: Malaspina College



>>
>>This gave me quite a chuckle. Have you ever heard the term "Supply and Demand"?
>>If the owners were charging $100 per seat for the worst seats in the house,
>>and they were filled every night, do you honestly believe that doubling
>>the TV money they brought in would for a second make them think to themselves
>>"Gee, our ticket prices are awful high, and even though the stupid masses
>>keep paying those prices, let's drop them a bit so that poor people can
>>afford it too"
> Obviously, if teams could charge $100 for bad seats they would, but they
> *can't*.  Going down the list of teams with more than a thousand seats
> empty would include Vancouver, Minnesota, Edmonton, Winnipeg, NJ, NYI,
> Hartford, etc.  So the supply is there, but the demand at the current
> ticket prices isn't.  There is an equillibrium point where supply and
> demand are equal and profits are maximized.  If TV revenue brought
> in enough money to compensate for 2000 tickets, do you not think
> that most of the teams would lower there ticket prices enough to draw
> in more fans considering the elasticity of demand?
> 
>>
>>This is a capitalist society we live in. And we're damn proud of it too.
>>But part of the basis for a capitalist economic system is that everybody
>>who has something to sell tries to get as much $$$ for their product as
>>they can. And if people are filling arenas night after night paying these
>>prices, the owners have every right to keep raising prices until people
>>stop showing up. And despite the fact that we're in quite bad economic times
>>here in the northeast, I still haven't seen more than 200 or so empty seats
>>for a FLYERS game. Any Rangers fans wanna post the ticket prices for the
>>garden and what the attendance levels are like? I know there's some pretty
>>high priced seats there...
>>
>>pete clark - rsh FLYERS contact
> 
> It's great that people in the NE are filling up to see the games, but
> I'd venture a guess that this 200 empty seats is not true for half the
> teams.  Although the Flyers have had good fan support throughout, how
> about the other teams such as NJ, NYI who routinely get about 12 000
> fans.  Teams like the Blues and Penguins were strugling before their
> superstars arrived and they will have their work cut out
> for them when Lemieux and Hull retire.  (No flames from the long time fans
> of those two teams please).
> 
> The ticket price increases hae been directly caused by the escalating
> player salaries, not due to increased demand.  If the demand hasn't
> changed put the prices have then that must mean the prices charged are too
> high.
> As a further note, the Canucks budgeted for a slight loss of income with
> 15000 fans, instead they are getting 14000.  This is following our best
> season ever and two award winners.
> 
> Just my thoughts,
> Tony
> 
> 
> 

I agree with Tony if there was such a high demand for tickets pushing prices up
then how do you explain lower crowds in Edmonton where prices have gone up,


mick
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Mick Ball                             Soccer   : Tottenham Hotspur,Portsmouth
                                      Hockey   : Edmonton Oilers 
e-mail BallM@mala.bc.ca               CFL      : Edmonton Eskimos
                                      Baseball : Toronto Blue Jays
                                      Football : San Francisco 49'ers

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Newsgroups: rec.sport.hockey