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re: These prices are ridiculous
Posted on 12/21/11 at 6:00 pm to bama1989
Posted on 12/21/11 at 6:00 pm to bama1989
quote:
Sorry pal. This is pure capitalism. Its supply and demand only. If no demand then prices drop like a MF. There are plenty of sellers at the right price.
Look at this way. There are 80,000 tickets. In an open, free market all 80,000 of those tickets would be for sale. In the last 7 or 8 years, the ticket brokers have made these deals in which they take 30-40,000 of these tickets off the market before they even go up for sale. Add corporate tickets that go to sponsors and that pool of available tickets now shrinks to 30-40,000 for the general public. The supply has now shrunk immensely. You are correct it is supply and demand, but my problem is with the ticket brokers who suck up these huge blocks of tickets thus driving up prices for average Joe and making them an enormous profit. Is that fair and just in our capitalisitic society? I honestly don't think so. Just seems fundamentally wrong to me.
2
Posted on 12/21/11 at 7:03 pm to LeagueCityTiger
quote:
have made these deals in which they take 30-40,000 of these tickets off the market before they even go up for sale
I'm calling BS on this.
Posted on 12/22/11 at 11:45 am to LeagueCityTiger
quote:
There are 80,000 tickets. In an open, free market all 80,000 of those tickets would be for sale. In the last 7 or 8 years, the ticket brokers have made these deals in which they take 30-40,000 of these tickets off the market before they even go up for sale.
I agree that ticket brokers have become a huge business, but if you really think that HALF of the tickets go directly to brokers, you are out of your mind. Not every ticket on StubHub & TicketMaster ticket exchange are from brokers. Most of those are individuals looking for a market to sell their pair...not 200 tickets.
Let's break it down.
Dome holds 80,000
LSU gets 25,000
Bama gets 25,000
Sugar Bowl gets 30,000
So for ticket brokers to get 30-40,000, they would need to get every ticket that the Sugar Bowl has and then tap into the tickets the universities give to season ticket holders & staff. Highly unlikely.
I say brokers account for 15% of the total, tops. That's 12,000 tickets. The rest that are for sale are from people like you & me.
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