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December 01, 2006

Get Your Wallets Ready

Pete Abe breaks the bad news:

The very best seats at Yankee Stadium are going to cost nearly three times what they did last season.

The team announced its 2007 schedule today and with it a dramatic increase in ticket prices for premium seats. The "field championship seats" that are closest to the field will cost $300 in advance and $400 the day of the game. Those same seats were $115 and $113 last season. Those are the first four rows.

A total of 24,000 seats will cost the same as last season. Those are bleacher ($12) and tier reserved ($19) seats.

As for other seats:
Main box: $58 in advance, $63 day of game
Loge box: $55/$60
Tier Box MVP: $60/$65
Tier box: $40/$42
Main reserved MVP: $66/$71
Main reserved: $40/$42

And I thought last year was bad.

Posted by Steve Lombardi at December 1, 2006 05:17 PM

Comments

OLD FOGEY ALERT!

$63 for a box seat...so you can sit there and be "entertained" by blaring music (?), childish subway races, doofussy video montages of shitwhack, constant "giveaway days" of tripe...all neatly packaged into a sardine can full of tourists and pom-pom waving nudnicks.

And you can't even talk baseball with the person next to you.

Verbanic in needle park, indeed.

Goodbye Mr. Burke, wherever you are.

Posted by: Repoz [TypeKey Profile Page] at December 1, 2006 06:04 PM

If you want a championship product, you'd better be willing to pay championship prices. The more money we give to the Yankees, the more money B-Cash can penny-pinch and not spend on players. Or he could use it to become younger, cheaper, and still elite. BAHAHAHAHAHA!!!

Posted by: Chewbacca [TypeKey Profile Page] at December 1, 2006 06:29 PM

I hear you Repoz.

It is upsetting to see the rapid escalation in Yankees tickets prices. With this latest hike, I've seen the cost of my seats increase over 60% in the last seven years. The Yankees are preventing the average income fan from attending as many games at the Stadium as they would have in the past. I will probably go to 75% less games in 2007 than I would have seen in 2001.

Posted by: Steve Lombardi [TypeKey Profile Page] at December 1, 2006 09:58 PM

Is that really true about the "average-income family"? The amount of games I go to each year varies randomly (it could be three or twelve). But whenever I go, I see "real" fans -- and most of them don't look like corporate-wealthy people, either. I was down in the field-level seats this year (to watch Randy Johnson get his ass kicked by the A's and then get rained on) and even down there the people seemed for the most part real fans. The average guy probably won't go to multiple games, I guess, but I think real fans still get in.

My seats are almost always main box MVP, and though it would cost 240 or so dollars for a guy to bring his family, I still see families all the time (it's not uncommon to have a little shit kick your chair the whole game). So while it's more of a burden, I don't know if it's a total lockdown.

Posted by: baileywalk [TypeKey Profile Page] at December 1, 2006 10:33 PM

If you want a championship product, you'd better be willing to pay championship prices. The more money we give to the Yankees, the more money B-Cash can penny-pinch and not spend on players. Or he could use it to become younger, cheaper, and still elite.
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Ticket prices has nothing to do with how much Cashman spends or doesn't spend on player salaries.

Posted by: Raf [TypeKey Profile Page] at December 1, 2006 10:41 PM

baileywalk - maybe those families that you see did not pay for the tickets - but got them as gifts.

Posted by: Steve Lombardi [TypeKey Profile Page] at December 1, 2006 11:00 PM

Revenue from ticket sales go, at least in part, to pay the stadium staff and lower-level baseball operations employees. Player salaries come from sponsorship and licensing money (both national and local) and the Yanks' 1/32nd share of MLB Advanced Media.

Plus, and I could be wrong on this, I think the Yankees lease on the Stadium requires that the team pick up at least 50% of cap-ap (capital appreciation) improvements.

Posted by: MJ [TypeKey Profile Page] at December 1, 2006 11:02 PM

Ticket prices has nothing to do with how much Cashman spends or doesn't spend on player salaries.
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Hmmmmmm, the amount of money the Yankees make has nothing to do with how much the Yankees spend/dont spend. Not a very smart comment.

That is why the Red Sox continue finding ways to build new seats, so they can bring in more fans to make more money to spend on players.

I repeat, if you want a championship ballclub, you better be willing to spend championship prices. The Yankees do not presently have to worry about bringing in crowds. I say, while the Yankees are good every year, (in hopes that Cashman does not eventually bring us down with his younger, cheaper team)raises ticket prices an inordinate amount to make even more money.

Posted by: Chewbacca [TypeKey Profile Page] at December 1, 2006 11:22 PM

I can't really blame the Yankees for such hikes.

I mean, if they are consistently selling 4 million tickets a season (and I fully believe that they will draw 4 million each season until at least 2010 (say goodbye to this stadium and hello to the new one (though the new one is smaller))) then if someone doesn't want to buy them, there is another person in line ready to.

Also, while the first row went to $400 (!) teir and bleacher seats stayed the same...which is where I think a lot of "real" fans stay anyway.

3 games I'll go to each year are the $5 games. Sure, I pay $8.75 for a beer, but that is ok.

Posted by: Jeteupthemiddle [TypeKey Profile Page] at December 1, 2006 11:25 PM

Hmmmmmm, the amount of money the Yankees make has nothing to do with how much the Yankees spend/dont spend. Not a very smart comment.
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Do your homework; here's a start

http://www.baseball1.com/faqs/ticket_prices.html

The Red Sox find new ways to add seats to Fenway because people are willing to pay. They were selling before they added the Monster seats.

Posted by: Raf [TypeKey Profile Page] at December 1, 2006 11:42 PM

High salaries do not cause high ticket prices, since salaries do not
affect the ticket price which maximizes revenue.
=================

That line right there is from that article and applies to most MLB teams, e.g. Twins. If the Twins give a big contract, it does not affect ticket prices, as raising ticket prices would not maximize revenue for the Twins, as that would drive a lot of their fans away. But the Yankees are no ordinary team. Our fans will not be driven away by higher prices. I am sure you are not understanding this.

Like "Jeteupthemiddle" said, "if someone doesn't want to buy them, there is another person in line ready to." So, it does not matter what our ticket prices are, we should always (as long as we are good) have people coming to our games regardless of cost. Therefore, we can maximize revenue by raising ticket prices.

Pertaining to:

The Red Sox find new ways to add seats to Fenway because people are willing to pay. They were selling before they added the Monster seats
==============

That was my point. We are like the Red Sox. The people are willing to pay. That is why they built the Monster seats and have continued to find new ways to make more room for fans. So that they can maximize revenue so they gain more financial flexibility to sign players.

Posted by: Chewbacca [TypeKey Profile Page] at December 2, 2006 12:20 AM

In terms you can understand. Ill add on the last part to the article's line.

High salaries do not cause high ticket prices, since salaries do not affect the ticket price which maximizes revenue for teams that are not the Yankees and Red Sox. The higher the ticket price for the Yankees and Red Sox, the more the maximum revenue will be.

Posted by: Chewbacca [TypeKey Profile Page] at December 2, 2006 12:26 AM

Yanks also raised ticket prices when they were lousy, genius...

Posted by: Raf [TypeKey Profile Page] at December 2, 2006 01:38 AM

yes, to keep up with inflation...but never by such drastic measures. I'm willing to guess that this is the first $300 hike in ticket prices.

The Yankees are able to do this because they consistently sell out The Stadium.

The ONLY thing that would bring the price down is if people saw that they were $400 and didn't show up.

The upper deck and bleachers are full. The box seats empty. bwahaha. Yeah, it'll never happen.

Posted by: Jeteupthemiddle [TypeKey Profile Page] at December 2, 2006 09:51 AM

The Yankees are able to do this because they consistently sell out The Stadium.
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Exactly. 4M+ tickets sold will do that to an organization. If I were them, I'd jack ticket prices up too. Especially since the days at "Historic Yankee Stadium" are marked.

And you ain't seen nothing yet. Wait 'till the new stadium opens. Think ticket prices are high now? :)

Posted by: Raf [TypeKey Profile Page] at December 2, 2006 10:15 AM

Yanks also raised ticket prices when they were lousy, genius...
===============

WOW!! That is all you could say. Rather than responding to any part of my comment, you reply with a comment that has nothing to do with anything I said. Avoiding the actual comment/question, kind of like a child. You are the prototype for why Yankee fans are hated throughout America.

I guess it took "Jeteupthemiddle" once again for you to understand. If they tried a "$300 hike in ticket prices" "when they were lousy," it would never fly, "genius."

Posted by: Chewbacca [TypeKey Profile Page] at December 2, 2006 11:00 AM

Ticket prices has nothing to do with how much Cashman spends or doesn't spend on player salaries. End of story.

Yankee fans are hated throughout America because we're smarter and better looking than everyone else.

Posted by: Raf [TypeKey Profile Page] at December 2, 2006 11:54 AM