Super Bowl Ticket Prices Are Skyrocketing

Money Talks News

The best seats in the house at the next Super Bowl are likely to cost more than twice as much as those for the 2013 game.

Plans are to charge about $2,600 for club-level seats in the mezzanine with restaurant access, The Wall Street Journal reported after first hearing about the plan from anonymous NFL sources. This year, similar seats in New Orleans went for $1,250.

It’s not just the top tier that’s seeing a price hike. The next-best seating area will cost about 60 percent more than the previous year — $1,500 in East Rutherford, N.J., versus $950 in New Orleans. Plans are likely to be approved this week.

Why? “We are looking to close the gap between the face value of the ticket and the true value of a ticket to what has become the premier sports and entertainment event,” NFL spokesman Brian McCarthy told the newspaper. In other words, the league saw how much scalpers were getting for them and raised the price accordingly.

On the bright side, the cheapest seats will be a little cheaper. The NFL plans to lower those seats to $500 from this year’s $600, the WSJ says. “In all, the executives say, about 39 percent of the roughly 77,500 seats would cost $1,000 or less,” it says.

Twice as many tickets will be raffled off, too — 1,000 versus 500 for the last championship game — but the NFL is tightening up its defense by making them nontransferable. The NFL claims that 60 percent of those tickets were immediately resold for the New Orleans game.

Super Bowl tickets were $325 in 2001 and $6 in 1967, the WSJ says. Do you think today’s prices are reasonable? Let us know on Facebook.

This article was originally published on MoneyTalksNews.com as 'Super Bowl Ticket Prices Are Skyrocketing'.

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