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NFL Ticket Value Inflation Over The Final Decade – FREEDOMBUNKER

by Index Investing News
October 21, 2024
in Opinion
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Greater than ever, attending an NFL recreation is turning into a luxurious commodity.

In 2023 alone, common ticket costs jumped 8.6% to $120. Driving up prices are new stadiums, that are being constructed with fewer seats as luxurious packing containers and premium seats take up more room. The newly-built Allegiant Stadium, as an illustration, which hosted final 12 months’s Tremendous Bowl in Las Vegas, has 65,000 seats—one of many lowest within the league.

This graphic, by way of Visible Capitalist’s Dorothy Neufeld, exhibits the rising value of attending an NFL recreation, primarily based on knowledge from Crew Advertising and marketing Report by way of FinanceBuzz.

NFL Ticket Value Inflation Over The Final Decade – FREEDOMBUNKER

How A lot Have NFL Recreation Prices Elevated?

Beneath, we present the price improve of a mean NFL ticket, parking, beer, and scorching canine since 2013:

During the last decade, NFL recreation prices have risen by 39%, surpassing the speed of inflation.

The Las Vegas Raiders, with their new stadium and relocation, have skilled probably the most vital worth hikes. In comparison with 2013, attending a recreation is $103 dearer. The Allegiant Stadium, costing a staggering $1.9 billion to construct, is among the costliest on the earth.

In the meantime, attending a Cleveland Browns recreation is sort of double the price in comparison with 2013.

The Kansas Metropolis Chiefs’ Tremendous Bowl victories have contributed to greater ticket prices specifically, rising 103% over the previous decade. On the resale market, Chiefs tickets have been the second-highest within the league in 2023, with residence tickets costing $468, on common.

In stark distinction, Dallas Cowboys recreation prices declined 1% in comparison with a decade in the past. Regardless of being the world’s most dear sports activities workforce, recreation prices stay pretty secure, at $160 in 2023 versus $162 in 2013. For context, the Cowboys had the very best recreation prices in 2013, whereas prices are barely above the NFL common right this moment.

Just like the Cowboys, the New York Jets and New England Patriots have seen among the many lowest worth hikes total.

To study extra about this matter from an earnings perspective, take a look at this graphic on the highest NFL groups by income.



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