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Freeman Cebu Sports

Unreal ticket prices

NBA BUZZ - Bobby Motus - The Freeman

As per Forbes estimates, an NBA team is worth at least $1.5 billion. This is a huge amount but three teams broke the $5 billion mark – New York Knicks ($5.8 billion), Golden State Warriors ($5.6 billion) and the Los Angeles Lakers ($5.5 billion) comprises the three most valuable franchises in the league. Rounding up the top five are the Chicago Bulls ($3.65 billion) and the Boston Celtics ($3.55 billion). Two of these teams are now battling for the Larry O’Brien trophy.

Of course, with two of the most valuable franchises on basketball’s biggest finale, seats to the games don’t come cheap. With most of us tuned to our TV sets, several thousands more trooped to the Chase Center in San Francisco and tomorrow converge at Boston’s TD Garden and pay insane ticket prices just to get into the arenas.

During the regular season, ticket prices for Warrior and Celtic games average about $150 but they had skyrocketed up to the moon for the championship series.  Boston fans are willing to pay the price as they’re back in the Finals after 12 years. It was noted that Warrior fans who will travel to Massachusetts for Game 3 doubled in number compared to Celtic fans who travelled to San Francisco in Game 1.

The cheapest entrance tickets for Game 1 at Chase Center were $615 and Game 2 had fans pay an average of $795. The prices went crazy on the resale market as they shoot up to $3,526 per seat. Ticket resale company Vivid Seats were selling an average ticket price of $873 per seat, a day before Game 1.

If you have $700, you can get in for Game 3 at the TD Garden. Saturday’s Game 4 sets you back at least $1,000. If the series gets to a Game 7, fans should be ready to spend at least $1,500 just to sit at the nosebleed section, that uppermost and farthest part of the arena.

The above-mentioned prices are just for us to get inside the arena. Getting closer to the action cost more.  Game 1 courtside seats reportedly went to as high as $70,000 on the resale market. That amount can get us here a modest house and lot complete with furnishings.

For tomorrow’s Game 3, if you want to sit just behind the visiting team’s bench, it sells for $22,000 before taxes. The same section sells $700 more for Game 4. The lowest VIP seat for Game 3 is $6,350, $7,475 for Game 5. Expect prices to quadruple the amount on the aftermarket.

For a potential Game 7, the best seat at the Chase Center which is behind the scorers’ table breaches an obscene six figures. Less taxes, it goes for $116,120 per seat.

This title series just might go to the record books as having the most expensive game tickets. Valuable franchises battling for supremacy choking fans with insane and unreal ticket prices.

NBA

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