Tuesday, February 9, 2016

Super Bowl XLVIII ticket prices skyrocket

If you plan on attending Super Bowl XLVIII in East Rutherford, N.J. in February, plan your finances accordingly because ticket prices are going to cost you an arm and a leg and then some.

Super Bowl XLVIII ticket prices skyrocket

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Anastasia Danias, NFL vice president for legal affairs, holds up examples of legal Super Bowl XLVI tickets during a security news conference Thursday, Feb. 2, 2012, in Indianapolis. (AP Photo/David J. Phillip)
Anastasia Danias, NFL vice president for legal affairs, holds up examples of legal Super Bowl XLVI tickets during a security news conference Thursday, Feb. 2, 2012, in Indianapolis. (AP Photo/David J. Phillip)

If you plan on attending Super Bowl XLVIII in East Rutherford, N.J. in February, plan your finances accordingly because ticket prices are going to cost you an arm and a leg and then some.

Tickets sold at face value by the NFL are projected to cost around $2,600 for club level seats, according to a report from Matthew Futterman of the Wall Street Journal.

Those costly seats would include access to indoor restaurants as well.

The next cheapest tickets after that would cost roughly $1,500, which would not include indoor restaurant access. Darn.

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Top ticket prices in New Orleans last year were around $1,250 followed by $950 for the next cheapest tickets.

Why such a leap in ticket prices for 2014? 

NFL spokesman Brian McCarthey shed some light with the Journal on the decision: 

"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," he said. 

Interesting enough, the cheapest tickets will be even cheaper than they were last year. They were $600 for the cheapest ticket but they’ve decided to lower them to $500 this year.

It really should be no surprise that ticket prices have soared because that’s just the nature of the beast, but the rate at which they’ve soared is certainly worth discussing.

A CBS article from 2012 takes a look back at the first Super Bowl in 1967 where tickets were sold at $6 a piece. That’s how much Phillies tickets are selling for right now on StubHub. 

Super Bowl XVIII tickets in 1984 were priced at $60 and 10 years later at Super Bowl XXVII, they jumped up to $175.

The prices for 2014 are the biggest jump in ticket prices at $1,350 since the 2009 and 2012 Super Bowls, which was at $1,200.

At any rate, the new highest paying ticket price puts a difficult decision on my plate this year. Do I go to Super Bowl XLVIII or do I use that money to pay my share of three and a half months’ worth of rent?

I think I’ll pay my rent.

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