BUF tix are the cheapest in the secondary market

[stuckincincy]

No surprise.

http://www.forbes.com/sites/jesselawrence/2014/06/26/amid-franchise-uncertainty-bills-tickets-least-expensive-in-nfl/

The link below has interesting tidbits about sports and money:

http://www.forbes.com/search/?q=sportsmoney

[Guest]

Re: BUF tix are the cheapest in the secondary market

This -- whether the Buffalo area can afford higher average NFL prices over the decade -- is the biggest challenge to the Bills staying in Buffalo not short-term relocation.

Amid an unclear future, Buffalo Bills tickets have the cheapest average price on the secondary market for the 2014 NFL season.

According to TiqIQ, the average price for home games on the Bills schedule is just $140.79. The average price for Cleveland Browns tickets is the only other average in the league below $160 for the 2014 season. No home Bills game this season has an average price above $200. For other AFC East teams, no team has less than two home games under a $200 average price. The least expensive game on the Patriots schedule is against the Bills Week 17 at an average price of $288.08, 104.6% more expensive than the average home game in Buffalo. Even with the lowest average price in the league, this year’s average price is 20% above the average secondary market price from last season of just $117.

[IlluminatusUIUC]

Re: BUF tix are the cheapest in the secondary market

Losing team + small market + large capacity stadium = cheap tickets. The first one will hopefully change this year, but the latter two are inherent to our current situation.

[Guest]

Re: BUF tix are the cheapest in the secondary market

The large capacity stadium is a non-issue. If it were, the Bills would eliminate some seats now.

The issue is it is an economically depressed area.

The attendance of Canadians made the situation better but that is changing.

Buffalo has to put on the big boy pants now since the NFL is raising prices quickly.

[better days]

Re: BUF tix are the cheapest in the secondary market

Losing team + small market + large capacity stadium = cheap tickets. The first one will hopefully change this year, but the latter two are inherent to our current situation.

A LARGE Stadium is what Ralph wanted when Rich Stadium was built.

It holds less seats today, but is still larger than MANY NFL Stadiums.

The price per ticket may be less at the Ralph, but the number of seats is greater.

Someone should do the math on the ACTUAL revenue produced at the Ralph in comparison to other SMALLER Stadiums.

And luxury boxes don't count because that revenue is not shared.

[better days]

Re: BUF tix are the cheapest in the secondary market

The large capacity stadium is a non-issue. If it were, the Bills would eliminate some seats now.

The issue is it is an economically depressed area.

The attendance of Canadians made the situation better but that is changing.

Buffalo has to put on the big boy pants now since the NFL is raising prices quickly.

The only thing eliminating seats would do is to make the Stadium easier to sell out.

If you sell one apple for $2.00 or two apples for $1.00 each, do the math.

[IlluminatusUIUC]

Re: BUF tix are the cheapest in the secondary market

The large capacity stadium is a non-issue. If it were, the Bills would eliminate some seats now.

The issue is it is an economically depressed area.

The attendance of Canadians made the situation better but that is changing.

Buffalo has to put on the big boy pants now since the NFL is raising prices quickly.

You can't just ignore the supply part of the equation. There are a lot of economically depressed areas in the country with pro football teams, but they have thousands fewer tickets to sell. It's basic economics - if we had a 65,000 seat stadium as opposed to a 73,000 seat stadium, our tickets would get more expensive.

[Guest]

Re: BUF tix are the cheapest in the secondary market

And luxury boxes don't count because that revenue is not shared.

Which is why it is so important the Bills get more revenue from the luxury boxes now and in a new stadium.

When there was last serious talk about the Bills relocating in the late 90's it was because the leases on the luxury boxes were coming up and not renewing well. The buzz then was that Flutie's exciting style of football got those boxes sold.

A new owner is going to want to make a lot more from those boxes.

Having the cheapest seats and lowest revenue from boxes is not going to excite a new owner.

Can't Celino & Barnes buy a couple more boxes?

How about the collection agencies?

[Guest]

Re: BUF tix are the cheapest in the secondary market

You can't just ignore the supply part of the equation. There are a lot of economically depressed areas in the country with pro football teams, but they have thousands fewer tickets to sell. It's basic economics - if we had a 65,000 seat stadium as opposed to a 73,000 seat stadium, our tickets would get more expensive.

No NFL city and surrounding catch basin area is as depressed as Buffalo has been and as long. Detroit's inner core is a mess but there is much more wealth outside of Detroit than there is outside Buffalo.

The Bills have the cheapest tickets and had only 7 home games and still could not sell out.

By the way, the Bills are not waiting for a smaller stadium -- they raised prices by 20% this year.

[better days]

Re: BUF tix are the cheapest in the secondary market

No NFL city and surrounding catch basin area is as depressed as Buffalo has been and as long. Detroit's inner core is a mess but there is much more wealth outside of Detroit than there is outside Buffalo.

The Bills have the cheapest tickets and had only 7 home games and still could not sell out.

By the way, the Bills are not waiting for a smaller stadium -- they raised prices by 20% this year.

Well, at least Buffalo is at the beginning of a resurgence, new well paying jobs are coming to Buffalo.

Detroit, not so much.

[IlluminatusUIUC]

Re: BUF tix are the cheapest in the secondary market

No NFL city and surrounding catch basin area is as depressed as Buffalo has been and as long. Detroit's inner core is a mess but there is much more wealth outside of Detroit than there is outside Buffalo.

The Bills have the cheapest tickets and had only 7 home games and still could not sell out.

Losing team, remember? Even economically prosperous areas don't shell out for teams in the toilet, just ask the White Sox.

By the way, the Bills are not waiting for a smaller stadium -- they raised prices by 20% this year.

This is about the secondary market. Obviously the price in the primary market is going to affect the secondary market, but it doesn't fully control it.

[Guest]

Re: BUF tix are the cheapest in the secondary market

Well, at least Buffalo is at the beginning of a resurgence, new well paying jobs are coming to Buffalo.

Detroit, not so much.

You are full of chit.

Why don't you come back home to Buffalo Grandpa and retire in Buffalo?

Drive around the city looking past the decline and reminse about the 60s.

Buffalo could use your money.

[Guest]

Re: BUF tix are the cheapest in the secondary market

This is about the secondary market. Obviously the price in the primary market is going to affect the secondary market, but it doesn't fully control it.

True but it is linked.

The extra seats above 65K don't add much revenue if they are not sold (black outs) or they are sold for 1/3 face to manufacture sell outs which Brandon told us was done a few times last year.

Only 2-3 games were real sellouts last year out of the 7.

This year with the fear of relocation due to new ownership, season ticket sales are up.

Let's see if that was last year's walk up purchasing seasons or whether the black outs and manufacturing continues at now higher prices.

[better days]

Re: BUF tix are the cheapest in the secondary market

You are full of chit.

Why don't you come back home to Buffalo Grandpa and retire in Buffalo?

Drive around the city looking past the decline and reminse about the 60s.

Buffalo could use your money.

Moving is a whole lot easier said than done.

But I heard on the Shredd & Ragan show last week, a high tech company was bringing 5000 jobs to Buffalo.

[better days]

Re: BUF tix are the cheapest in the secondary market

Which is why it is so important the Bills get more revenue from the luxury boxes now and in a new stadium.

When there was last serious talk about the Bills relocating in the late 90's it was because the leases on the luxury boxes were coming up and not renewing well. The buzz then was that Flutie's exciting style of football got those boxes sold.

A new owner is going to want to make a lot more from those boxes.

Having the cheapest seats and lowest revenue from boxes is not going to excite a new owner.

Can't Celino & Barnes buy a couple more boxes?

How about the collection agencies?

The Bills will make enough money to satisfy their new owner Terry Pegula.

The Bills will not be moving.