Wednesday, August 08, 2012

Alas, the Cheap Seats

The Rangers had an increase in their 2011-12 season attendance by 0.5%. Not bad when compared to the Yankees and the Mets, who saw their attendance last season drop by 3% and 8.1% respectively. The bottomline is that MSG sells out almost every seat in the building when the Rangers play home games and they cannot stuff many more people into the building. This, of course, means that ticket prices will keep going up.

MSG averaged 18,192 paying customers for each of their 41 home games last season. Wikipedia lists the MSG hockey seating capacity at 18,200. So there was a grand total of around 348 unsold seats (18,200*41 - 745,852) for the Rangers during the entire 2011-12 season!

Alas, the cheap seats have all died and gone to heaven. Killed by the law of supply and demand.

From Crane's NY Business -- New York Area's Largest Professional Teams:




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