Industry News

Cubs fan paid $50k for two World Series decider tickets

 

A Chicago Cubs fan paid almost $50,000 (£41,000/€45,000) for two tickets to see the MLB baseball team seal their first World Series victory in more than a century last night.

StubHub said the anonymous Cubs supporter paid $23,000 apiece for two box seats on the first-base line at Cleveland Indians’ Progressive Field to see Game 7 of the finals as the Chicago team took the series 4-3.

It was the Cubs’ first championship since 1908.

Stubhub told Yahoo Sports that the cheapest ticket for the final game of the series was $825 for standing room only while the median price for a ticket was $1,823.

According to SeatGeek, the 2016 World Series created an “unprecedented” level of demand for tickets. The average resale price for tickets on SeatGeek was $2,143, which was higher than the previous record for a single game – Game 3 of the 2015 World Series in New York, which had an average price of $1,205.

TicketIQ, a ticket resale and research site, reported that right after the Cubs won Game 6, the average asking price for a Game 7 ticket was $4,700, and the average sales price was $2,919. Both figures are more than twice as expensive as the next priciest World Series game played over the past seven years.

Ticket prices were not merely the most expensive in World Series history – they were the most expensive Game 7 tickets in US sports history. The next most expensive appears to be last summer’s NBA Finals Game 7, when the Cleveland Cavaliers faced the Golden State Warriors in a championship-deciding game that led sellers to push asking prices up to an average of $3,000, with average sales prices hitting roughly $2,000.

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