Is Yankee Ticket Demand Recession Proof?
It’s too early to answer that question, but if recent reports are true, the Yankees sure better hope for. According to a report in the excellent Biz of Baseball blog, the team in pinstripes isn’t just ushering in astronomically expensive seats behind homeplate — which reportedly will sell for more than $2,625 per game — they’re also bringing in record price increases to nearly all of their seats, pushing the average price for a single seat to a single game this year to … wait for it … $237. Think you might get a break over at StubHub? Sorry, think again. It is about the money, stupid defuses that hopeful idea right here. It’s an aggressive move in a marketplace that should be shrinking. After all, we’ve already discussed concerns about significant cut backs in overall major league attendance in the coming year right here. While selling the concept of going to “New” Yankee Stadium will bring in plenty of sidewalk gawking dollars, it’s hard to establish a group of recurrent occasio
