Cavaliers Fans Finding Discount Ticket Prices Despite Team Success
SAN FRANCISCO-(Business Wire)-December 19, 2008 - Cleveland basketball fans have been rewarded this holiday season with the Cavaliers’ incredible start, highlighted by their 13-0 home record. With such an exciting jump-start to the season, the Cavaliers consistently command a packed crowd at Quicken Loans Arena, though many fans are left empty-handed or with few options at the box office. StubHub, the world’s largest ticket marketplace, has recently found that tickets are still plentiful, even at bargain prices in time for the holidays.
Over the next three weeks, the Cavaliers host a handful of Eastern Conference rivals, including the reigning NBA Champions and conference leading Boston Celtics in a potential battle for first-place. Hundreds of tickets are still available for each of these games, starting as low as $4 a piece for the Christmas Day game against the Washington Wizards — at this bargain price, a family of four can enjoy a Cavaliers game for less than twenty dollars!
Typically, the combination of a hot team and a full house equals an increase in market prices offered on the StubHub ticket marketplace, as demand usually begins to exceed ticket supply and prices escalate. However, because of the efficiency of the marketplace, Cavaliers tickets on StubHub are actually routinely being snatched up far below the box office prices. The increased availability of value priced tickets on StubHub is quickly going from exception to rule, all by virtue of the competition amongst sellers and the vast supply of listings.
“It’s amazing that for the price of a cup of coffee or a bottle of water, Cavaliers fans can watch their team in person rather than on television,” said StubHub spokesperson Sean Pate. “The phenomenon of below market prices is usually reserved for struggling teams, but the aftermarket for Cavaliers tickets is brimming with a vast supply, offering fans uncommon values. Many season ticket holders cannot make every home game, so when they list their tickets among hundreds of others at StubHub, they must price them attractively to sell, or else they run the risk having their tickets go unused. It’s a winning proposition for fans.”
Upcoming Games
Below are the average prices and ranges fans have paid for tickets to upcoming home games:
| Event | Avg | Starting At: | ||
| $72 | $7 | |||
| $74 | $4 | |||
| $82 | $8 | |||
| $67 | $7 | |||
| $57 | $3 | |||
| $101 | $20 |
About StubHub
StubHub is the world's largest ticket marketplace, enabling fans to buy and sell tickets to tens of thousands of sports, concert, theater and other live entertainment events. StubHub reinvented the ticket resale market in 2000 and continues to lead it through innovation. The company's unique online marketplace, dedicated solely to tickets, provides all fans the choice to buy or sell their tickets in a safe, convenient, and highly reliable environment. All transactions are processed and delivered by StubHub and backed by the company’s FanProtect Guarantee™. Company partners include the New York Yankees, Chicago Bears and the University of Southern California along with nearly 60 teams in the NFL, MLB, NBA, NHL and NCAA, complemented with music artists like Madonna and companies such as ESPN and American Express.
StubHub is an eBay company (NASDAQ:EBAY). For more information on StubHub, visit www.stubhub.com
 |
 |
 |
|
||
 |
|
 |
|
||
Search Our News Using Google Search
Can't find what you want? Try using Google:
