Monday, September 9, 2013

Scoring a Ticket to the Super Bowl

On February 2nd, MetLife Stadium will host the Super Bowl. It would be no surprise that ticket prices for the game in New York would be more expensive than past Super Bowl's simply because it is in New York.

ESPN's Darren Rovell wrote an article detailing the prices that are being discussed for suites in MetLife for the Super Bowl that I could not believe. One big factor that makes suites more valuable in MetLife than in other typical Super Bowl destinations is the potential for bad weather. The game will be held in early February in the northeast part of the country, it would be no surprise for the game to feature adverse winter conditions.

In a typical Super Bowl, the best suite available can be bought for $175,000. This season's Super Bowl in MetLife has suites listed as high as $945,992 on a ticket buying website. That price can buy you a suite that can hold up to thirty people and provides food and an open bar.

For the average fan that will not be going to the Super Bowl in a suite, a ticket to the game will still certainly not be cheap. The face value for the tickets have not been released yet, but as a comparison last years ticket pricing in New Orleans ranged from $850 to $1,250. A number that can be better predicted is the number of tickets that will be sold for the game.

MetLife can hold 82,500, but typically a Super Bowl will make that capacity less due to the need for cameras and media. With this in mind, the breakdown for the ticket distribution is interesting. The National Football league will have roughly 20,000 tickets. The New York Giant and the New York Jets will each receive about 2,500 tickets, the AFC and NFC champions will each receive about 14,000, and the remaining teams will each get about 1,000 tickets. The NFL also reserves about 500 tickets for the general public lottery.

Final Thought
Although the NFL season just started, the Super Bowl is already being talked about. I expect ticket prices to be much higher than normal when they are released. The face value of the tickets end up meaning very little. I will be interested to see what the prices are on the secondary ticket market.


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