StubHub FanStats(SM) -- NBA Playoff Tickets Yield Bargains for Savvy Fans
Market Wire, May, 2006
The NBA Playoffs are heating up and fans are buying tickets in mass quantities for all the exciting action around the league. While demand has been very high, prices have stayed pleasantly reasonable. Overall, the average price for seats to all NBA playoff games sold at StubHub has been $130. While that may be a bit over the average regular season game, fans who have shopped at the StubHub ticket marketplace have been rewarded by finding many value priced tickets. The dynamic of the marketplace means ticket prices fluctuate hourly with active sellers pricing their tickets competitively to sell and the great deals moving quickly.
"It's important for fans to realize that there are many bargains to be had in the secondary ticket market," said Jeff Fluhr, founder and CEO of StubHub. "As we see by the FanStats data, many tickets for top events can still sell for well below the face value at times. These bargains are a great example of the potential for value for fans who shop for tickets at StubHub."
Below are some of the NBA Playoff bargains for First and Second round series' to date highlighted by a $2 sale for a ticket to Game 2 of the Spurs-Kings first round series:
Second Round -- Conference Semifinals Dallas Mavericks vs. San Antonio Spurs -- $12 to sit in Section 214 for Game 2 (played on May 9, 2006 in San Antonio). The Texan buyer bought two of these tickets less than one hour before tip-off. Cleveland Cavaliers vs. Detroit Pistons -- $19 to sit in Section 200 for Game 3 (to be played on May 13, 2006 in Cleveland). New Jersey Nets vs. Miami Heat -- $23 to sit in Section 238 for Game 3 (to be played on May 12, 2006 in New Jersey). Los Angeles Clippers vs. Phoenix Suns -- $30 to sit in Section 209 for Game 7 (to be played on May 22, 2006 in Phoenix if necessary). First Round Sacramento Kings vs. San Antonio Spurs -- $2 to sit in Section 218 at Game 2 (played on April 25, 2006 in San Antonio). The fan from Sacramento purchased one ticket forty-five minutes before tip-off. Washington Wizards vs. Cleveland Cavaliers -- $8 to sit in Section 200 for Game 2 (played on April 25, 2006 in Cleveland). A local Cleveland buyer purchased four of these tickets 5 minutes before the game! Denver Nuggets vs. Los Angeles Clippers -- $9 to sit in Section 360 for Game 3 (played on April 27, 2006 in Denver). A local buyer from Colorado purchased two of these tickets on the day of the game. Indiana Pacers vs. New Jersey Nets -- $10, found in both venues. A buyer from Indiana bought two tickets to sit in Section 206 in Game 4 (played on April 29 in Indiana), with more than a week to spare. Buyers scattered in New Jersey purchased 23 tickets for Game 1 (played on April 23, 2006 in New Jersey) and 21 tickets for Game 2 (played on April 25, 2006); all were purchased within 24 hours to tip-off. Chicago Bulls vs. Miami Heat -- $10 for Standing Room Tickets at Game 2 (played on April 24, 2006 in Miami). The Floridian buyer bought two of these tickets less than four hours before the game. Memphis Grizzlies vs. Dallas Mavericks -- $11 to sit in Section 301 at Game 2 (played on April 26, 2006 in Dallas). The buyer from Texas bought two of these tickets almost a week before the game. Milwaukee Bucks vs. Detroit Pistons -- $15 to sit in Section 413 at Game 4 (played on May 1, 2006 in Milwaukee). A local Wisconsin buyer bought four tickets at this price more than a week before the game. Los Angeles Lakers vs. Phoenix Suns -- $20 to sit in Section 227 at Game 1 (played on April 23, 2006 in Phoenix). The Arizona buyer purchased two tickets at this price three days prior to the game.
Source: StubHub.com (as of 5/11/06) Based on sales at the popular online ticket marketplace.
About StubHub FanStats(SM)
StubHub FanStats present timely statistics, rankings and/or data about sports and entertainment that is of interest to the everyday fan. Rankings reflect the secondary ticketing market based on StubHub internal data. If there is specific data that would be of interest to you, or if you would like to interview the leading authority in the secondary ticketing industry, please send us an e-mail at fanstats@stubhub.com .
About StubHub
StubHub is the fans' ticket marketplace, allowing users to buy and sell a vast selection of sporting, concert, theater and other live entertainment events at fair market value, even for events that are "sold out." The company's unique open marketplace, dedicated solely to tickets, provides all fans the choice to buy or sell their tickets in a safe, convenient, and highly reliable environment. For more information on StubHub, visit www.stubhub.com .
Contact: Joellen Ferrer StubHub Public Relations 415.222.8412 Email Contact
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