April 05, 2009
Sports bubble watch
Sale prices of Boston Red Sox opening day tickets on the secondary market — that's "legal ticket scalpers" to you and me — are down almost 50% from last year, yet another sign that the economy is having a major effect on demand for high-priced sports tickets. The New York Mets have also announced they're auctioning off unsold seats for their opening game at Citi Field, though given you're not allowed to bid less than the face value that was the reason the tickets went unsold in the first place, it'll be interesting to see how many bids the auction draws.
(Thanks to The Sports Economist for the links.)
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