TBN: Sabres to alter ticket pricing model, increase prices

[Buffaloed]

Sabres to alter ticket pricing model, increase prices
The cost for a season ticket to watch the Buffalo Sabres in KeyBank Center will go up an average of 2.5% for the 2020-21 season.

The Sabres rescaled pricing at the arena from 15 to 30 price points to ensure that fans closer to the action pay more than those in the same section sitting farther away, the team confirmed to The Buffalo News. Ten of the price points will see a decrease from this season. That includes some seats in the 100 level.

Who says the Sabres don't use analytics?

Click to read more...

 

[toomuchsauce]

The Sabres rescaled pricing at the arena from 15 to 30 price points to ensure that fans closer to the action pay more than those in the same section sitting farther away, the team confirmed to The Buffalo News.

Terrific stuff, congrats to all involved.

 

[CrazyMonkey1208]

ahh yes, the pay more get less business model

 

[jBuds]

Lmfao Clinton-dix

 

[Chainshot]

Sub-headline "Tone Deaf Org Makes Tone Deaf Announcement".

Maybe the seats get the cleanser...

 

[Sabre Dance]

ahh yes, the pay more get less business model

To be fair the Sabres spend a lot of money to give the fans everything, they're just not very good at building team.

I have no issues with them raising prices, it's a business.

 

[cybresabre]

The Sabres rescaled pricing at the arena from 15 to 30 price points to ensure that fans closer to the action pay more than those in the same section sitting farther away

"The team spoke glowingly of the discounts to the the 'shoot twice' side."

 

[CrazyMonkey1208]

To be fair the Sabres spend a lot of money to give the fans everything, they're just not very good at building team.

I have no issues with them raising prices, it's a business.

Now I'm not the Gretzky of economics but I don't understand why they think it's a good time to raise prices when you could just buy tickets for $6 literally 2 weeks ago. Attendance is below league average as of this December article anyways-

https://www.bizjournals.com/buffalo...bres-attendance-slumps-below-nhl-average.html

But I guess the price of everything goes up every year and there's nothing we can do about it

 

[Tyler2829]

To be fair the Sabres spend a lot of money to give the fans everything, they're just not very good at building team.

I have no issues with them raising prices, it's a business.

What exactly do they give the fans?

 

[Gabrielor]

I remember a time when Pegula didn't raise prices, citing that he wanted the team to be better.

I remember when they engaged with the fans, and it wasn't long ago.

What happened???

 

[KeyserSoze81]

What exactly do they give the fans?

False hope and poor management.

 

[GameMisconduct]

I haven't been paying attention to the intricacies of league finances, but is this still tied to revenue sharing?

 

[TehDoak]

I remember a time when Pegula didn't raise prices, citing that he wanted the team to be better.

I remember when they engaged with the fans, and it wasn't long ago.

What happened???

Honestly, that is a great question. The past few years there has been a big disconnect from the owners. If i were a season ticket holder and they RAISED my prices after watching the concessions continue to go up as well as the quality of the team be consistently mediocre, i'd be pretty pissed

 

[Team Cozens]

I’m second row from the ice, if these changes have any significant price increase then I’m done as a season ticket holder.

 

[SackTastic]

They don't get any money from revenue sharing anymore, so they have to try and make it up from somewhere.

 

[TehDoak]

They don't get any money from revenue sharing anymore, so they have to try and make it up from somewhere.

I'm reasonably sure he said he'd "drill another well", so get Fracking, Terry.

 

[jc17]

I’m second row from the ice, if these changes have any significant price increase then I’m done as a season ticket holder.

Well if the average went up 2.5%, and seats further from the ice reduced price...brace yourself

 

[Team Cozens]

Well if the average went up 2.5%, and seats further from the ice reduced price...brace yourself

Exactly what I was calculating..... after being committed for 15 years and going through the last decade of crap. I’m so pissed right now.

 

[SackTastic]

I'm reasonably sure he said he'd "drill another well", so get Fracking, Terry.

He did say that. Except right now oil and gas prices are in the tank, so production of all that stuff is way down. And let's be honest ; he shouldn't have to do that anyways.

I'm by no means defending the increase. But a 2.5% increase is honestly not much, and they're still running a business. They clearly could be running it better, and I spoke with my wallet this season and dropped my seats until the product and experience improves.

If 2.5% is much for anyone personally, I respect that. If it's strictly financial though , maybe you want to re-evaluate if having STs makes sense for you.

 

[jc17]

Exactly what I was calculating..... after being committed for 15 years and going through the last decade of crap. I’m so pissed right now.

The funny/not funny thing is that, especially given the team's performance it will annoy everyone. Sure people who sit further from the ice will be happy if they see a decrease but will also be thinking "so they overcharged me for these seats all these years?" Seems like a lose/lose

 

[SackTastic]

Exactly what I was calculating..... after being committed for 15 years and going through the last decade of crap. I’m so pissed right now.

I don't blame you. Then don't renew, simple as that.

They were hounding me last year when I dropped mine. I told the acct reps very clearly that if the arena experience improved, I'd be back. But I was seeing no positive movement, so I was taking my money elsewhere.

Money talks. The only way they are going to be forced to make improvements is if people stop writing checks.

 

[Team Cozens]

The funny/not funny thing is that, especially given the team's performance it will annoy everyone. Sure people who sit further from the ice will be happy if they see a decrease but will also be thinking "so they overcharged me for these seats all these years?" Seems like a lose/lose

You could argue that I underpaid for my seats but the on ice product sucked so bad there was no Value to them at all and I couldn’t even sell them most of the time when I tried.

 

[SackTastic]

You could argue that I underpaid for my seats but the on ice product sucked so bad there was no
Value to them at all and I couldn’t even sell them
most of the time when I tried.

If you're looking at tickets as an investment, you should be looking at other things.

When the team sucks there is no secondary demand. When the team is playing well so many STHers with delusions of profit flood the secondary market and drive prices way lower.

 

[Jim Bob]

I haven't been paying attention to the intricacies of league finances, but is this still tied to revenue sharing?

It could very well be.

 

[ek93]

Meh. I’ll stick to buying the $2 tickets on Gametime from December-April like every season.