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NBA’s 76ers hits peak ticket sales after five-year low

NBA basketball franchise the Philadelphia 76ers has reported its 100th consecutive sellout at Wells Fargo Center after previously sitting at the bottom of league attendance records.

Ticketmaster told CNBC that it has seen a surge in demand for Sixers’ tickets, with sales spiking 91 per cent through the first seven home games and average ticket prices rising 28 per cent.

The average ticket price for Sixers’ games at the 19,500-capacity arena this season is $131, while the average ticket price for the league is $107, Ticketmaster said.

Sixers president Chris Heck said the team only sold 3,500 season tickets in the 2013-14 season, “and the majority of the holders were brokers,” according to CNBC. The club finished 17th on the NBA attendance ranking that season and then in 2015, fell to 30th when the average ticket price was roughly $95, compared with an average ticket price across the league that season of $144.

The hike is likely due to the team’s success in making it to the Eastern Conference semi-finals in 2018.

The Sixers currently has around 14,000 season-ticket holders and more than 10,000 fans on the team’s official waiting list, Club 76. The team finished first in home attendance last season, averaging 20,441 fans per game, and so far in 2019, after seven games so far this season, it’s again ranked No.1 with an average of 20,508 fans at each game.

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