Vegas outselling other 30 NHL teams
- Thread starter LadyStanley
- Start date
LadyStanley
Registered User
Where's the news here? Of course they are going to sell well on the secondary market, this is like Captain Obvious stuff here.
LadyStanley
Registered User
Really?
Similarly priced to a show on Strip, well above what many other teams charge for equivalent seat. Note VGK is #5 in secondary pricing for the league.
So are STH selling some of their tix to be able to afford going to what games they can/want?
Are STH selling at a premium as a $$ making scheme/plan?
I'm amazed at the QUANTITY is what is headlined. Might have thought that STH would want to attend games out of curiosity.
Similarly priced to a show on Strip, well above what many other teams charge for equivalent seat. Note VGK is #5 in secondary pricing for the league.
So are STH selling some of their tix to be able to afford going to what games they can/want?
Are STH selling at a premium as a $$ making scheme/plan?
I'm amazed at the QUANTITY is what is headlined. Might have thought that STH would want to attend games out of curiosity.
Balls Mahoney
2015-2016 HF Premier League World Champion
<-----bought up Knights tickets before they went on public sale. A NHL team in Vegas is like a dream come true. I can party my ass off and see my favorite teams at the same time?
Vegas Mac
Golden Shellback
- Jun 26, 2015
- 563
- 195
I think it's a combination of Vegas showing they're a legit market as well as the advantage of out of state fans flying in to see their teams. I think as the season unfolds and the newness wears off, and people see that this is going to need a little more time, the attendance will dip a little. But it's going to work.
Blue Goose
Registered User
So out of curiosity, I looked on StubHub to see what they had for tonight's game. I already got my tickets the day they went on sale, because I assume the tickets on the secondary market would be even more expensive. The verdict:
My seats are in the lower bowl, face value was $280 each.
There are tickets on StubHub in the exact same section, 12 rows closer to the ice, for $170 each.
In fact, there are tickets all over the arena for sale, and ALL OF THEM are less than face value - they're also available via the StubHub app, which seems to make re-selling tickets that much easier. I'm not sure how I feel about this. All this time, when we were defending this market as the naysayers continued to say that so many season tickets were going to casinos, corporations, scalpers, etc. - were they right?
I'm coming back for a game in March, and StubHub has tickets to that game for $25!? What gives? I know that people buy season tickets in order to re-sell them all of the time, but I'm honestly shocked at the seemingly-low re-sell value for these tickets. Is it because the team is expected to be lousy this season?
My seats are in the lower bowl, face value was $280 each.
There are tickets on StubHub in the exact same section, 12 rows closer to the ice, for $170 each.
In fact, there are tickets all over the arena for sale, and ALL OF THEM are less than face value - they're also available via the StubHub app, which seems to make re-selling tickets that much easier. I'm not sure how I feel about this. All this time, when we were defending this market as the naysayers continued to say that so many season tickets were going to casinos, corporations, scalpers, etc. - were they right?
I'm coming back for a game in March, and StubHub has tickets to that game for $25!? What gives? I know that people buy season tickets in order to re-sell them all of the time, but I'm honestly shocked at the seemingly-low re-sell value for these tickets. Is it because the team is expected to be lousy this season?
It is shocking with the two wins already. I bought season tickets and then got relocated out of town so will only make a handful of games this year, but figured at the price point I would have an easy sell for most games. Fortunately I sold tonight and Friday for a good premium to help fund my purchase because it looks like I might have to give some tickets away as there are far too many flooding the market since the team finally loaded them up to STH accounts. A little disappointing, but not terribly shocking. Tonight however I am not seeing tickets for under face value except in the premium sections. The seats upstairs are all way over face on Stubhub at this moment. I think its one of those games where people just want to be in the building so almost any ticket looks as valuable to a buyer. They don't feel the need to spend $280 as you did when $125 will do.
I think for the big name teams it will still be a solid market, but for teams without a big following like the Coyotes there will be games with below face value pricing. It takes time to build a following of hockey fans and starting out with a model that calls for most to buy a full season brought on a big risk this level of selling would happen. But rest assured it happens in almost all markets with what seems like high fan interest like for the Rangers, Leafs or Hawks. In those cities the teams sell most tickets to STH and there are long waits to get them, but they often end up being shared by families and with friends and clients. When they don't get shared they get to the secondary market and that's why those teams have such high sales volume for home games.
So just out of curiosity, I took a look at the secondary market for three games this month that should have pretty high demand: Red Wings, Bruins, and Blackhawks. All 3 are Original 6 teams and have huge fanbases which generally travel well, two of the three games are on a weekend, and demand from locals to see the new team should be high given these are within the first 6 games of the year.
From what I can see, there’s a ton of supply causing prices to be pretty depressed. Get in prices seem quite low for games where there should be pretty high demand.
What I think is happening is you have a ton of season ticket holders who are trying to sell the “premium” games hoping to subsidize other games. However, with every season ticket holder thinking they can get a premium from Leafs or Rangers fans, the supply is larger than the out of towners who are willing to commit now.
RedeyeRocketeer
Registered User
Maybe you are thinking prices should be higher, but they are selling for well above face value for those three teams. Something like 2x face for Bruins, 3x for Rangers and 4x for Hawks. Now these are the upstairs seats, the good seats downstairs were sold at such a high price point to begin with they are unlikely to go for that much of a premium. However the people who bought those were very likely not worrying about if they would use them or get a profit.
Vegas Mac
Golden Shellback
- Jun 26, 2015
- 563
- 195
I think it's a basic supply/demand deal. There's a set percentage of fans in the city that include folks like us that are going to fill the seats as this thing gets off the ground. Right now the amount of folks who ponied up the bucks for season seats with intent to sell and get some cash back on their investment outstrip the demand a bit. Just too many folks doing the same thing tbh.
It will equalize and as demand goes up the price will as well. Will simply take some time so for now many of us get to enjoy better seat prices and that's not a bad thing.
Different things. This isn't ticket revenue the teams generate, it's ticket volume sold on secondary ticket sites like StubHub.
