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Re: Ticket price increase
No, no, no! First of all, the Patriots forbid re-selling of their tickets. Secondly, only a few hundred out of 68,000-plus tickets ever find their way into the hands of online scalpers. That's hardly a market test, by your suggestion. It's hard for me to believe ticket revenue is THAT significant a revenue stream to the team that the Krafts get great benefit from gouging season ticket holders like this. Most of us have been with the team now for YEARS (15 for me) -- why is a hike of some 30 percent in ONE SEASON suddenly necessary? The speculation here is it has more to do with financing Patriot Place than with the Patriots, and that's disturbing.
Like it or not, scalpers do a great job of showing what the market will bear for these tickets. The buying public are the ones setting the standard for season ticket prices.
Suppose you made 100,000 widgets this year and sold them all for $10 each. Then you saw many of your widgets easily being sold on line for $20 each. How much you going to charge for your widgets next year...? You going to keep it at $10 or are you going to raise prices a bit...? I think we both know the answer to that...
No, no, no! First of all, the Patriots forbid re-selling of their tickets. Secondly, only a few hundred out of 68,000-plus tickets ever find their way into the hands of online scalpers. That's hardly a market test, by your suggestion. It's hard for me to believe ticket revenue is THAT significant a revenue stream to the team that the Krafts get great benefit from gouging season ticket holders like this. Most of us have been with the team now for YEARS (15 for me) -- why is a hike of some 30 percent in ONE SEASON suddenly necessary? The speculation here is it has more to do with financing Patriot Place than with the Patriots, and that's disturbing.
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