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Super Bowl ticket prices skyrocket

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Super Bowl XLIX might be the most expensive game to see in the event’s 49-year history.

The cheapest Super Bowl ticket to be found Thursday cost $8,070 — more than double the price over the last two years.

In 2013, when the Baltimore Ravens beat the San Francisco 49ers in Super Bowl XLVII, the ticket prices peaked at $3,321, 13 days before the game.

Last year, when the Seattle Seahawks beat the Denver Broncos, the top ticket price was $3,626, 14 days before the Super Bowl.

This year, just three days before the game, prices have skyrocketed since opening at an average of $2,764 on Jan. 18. The face value of a ticket is between $500 and $1,500.

The reason for the spike in price, according to a report by ESPN.com, is that the supply of tickets online has dropped over the past week as Seahawks fans have bought them up.

Ticket prices typically drop the week before the game, but the high demand has left brokers and fans scrambling for tickets — and paying more and more.

Online marketplaces such as StubHub apparently are losing money on sales this year — because they continued the recent trend of selling tickets ahead of time at prices they thought would still net them profits once they purchased the tickets from brokers.

“A consolidation of supply this year has led to a handful of sellers being able to manipulate the market and make it nearly impossible for last-minute fans to go to the game,” StubHub spokesman Glenn Lehrman told ESPN.com.

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Source: Mike Florio of ProFootballTalk

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Source: Mike Florio of ProFootballTalk

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