If there is a recession, it certainly isn't being felt by baseball fans.
And definitely not by secondary ticket outlets reaping the rewards of a market ripe with eager buyers and sellers.
Prices for World Series tickets continue to rise and fans are taking the bait, shelling out as much as $10,000 for a seat for the Phillies' highly anticipated Game 3 return to Citizens Bank Park tomorrow night.
Jason Berger, CEO of AllShows.com, a ticket distributor in the New York metropolitan area, said the Phillies' 6-1 win in Game 1 aided in driving up prices for the games in Philadelphia.
"[The] Yankees' loss has increased demand for World Series tickets from Philadelphia Phillies fans," Berger said. "Prices for this weekend's World Series Games 3 and 4 have increased. Terrace-level seats are starting to become scarce and are fetching $1,100 to $1,250 per ticket. Lower-level field and main-level seats infield are anywhere from $1,750 to $2,250 per ticket."
The latest numbers from StubHub.com show the average ticket price for Games 3 and 4 at the Bank at $979, with the range being as low as $90 (standing room, Game 3) to $4,390 (Sec 134-Row 1, Game 4). As of last night, StubHub listed 4,987 tickets available for Game 3 with an average price of $977 and 4,229 tickets with an average price of $1,031 for Game 4. More than 5,000 tickets still remain for Monday's Game 5, holding at an average of $908.
While prices might seem too crazy for some, StubHub corporate communications manager Joellen Ferrer advises fans to not "look and leave," meaning don't let the high numbers scare you away, as prices often fluctuate. StubHub is recognized as the official provider of tickets for Major League Baseball.
"We encourage prospective buyers to not assume the location or price of tickets you want aren't available if you don't see them at first glance," Ferrer said. "The market constantly changes as sellers list new tickets and change their prices frequently. The savvy shoppers are the ones that check often for new ticket availability or more attractive prices."