At this point last year, Final Four Semifinal tickets averaged $460. In 2009, Saturday tickets averaged $661. Right now, 2011 NCAA Men’s Final Four Semifinals tickets have an average list price of $350. The lowest price tickets are $38.
At this point last year, Final Four Championship tickets averaged $230. In 2009, Monday tickets averaged $374. Right now, Final Four Championship tickets have an average list price of $201. The lowest price tickets are $40.
Original post starts here…
The last four teams in the NCAA Men’s Basketball Tournament are set. Kentucky, UConn, Butler and VCU are ready to dance. This is one of the most improbable Final Four’s since they started seeding teams back in 1979. If you add up the seeds, this is also the highest seeded final the tournament has ever seen.
Who could have predicted a VCU-Butler matchup in this year’s Final Four? Well… hardly anyone. ESPN reports that only two people — out of 5.9 million — correctly picked all 4 of the remaining teams in the NCAA Men’s Basketball Tournament. Only 1,093 had three of the four teams correctly, a testament to the madness that was this March.
Given the small market nature of the teams, NCAA Men’s Final Four tickets are not in as high of demand as years past.
- In 2009, when North Carolina beat Michigan State for the title, tickets for the championship game as of March 29 were averaging $430. Tickets to last year’s title game between Duke and Butler were averaging $287. This year, NCAA Men’s National Championship tickets are averaging $250: that’s a 46% decrease in two years.
- On March 25, tickets to the title game were averaging $358. After the teams were decided, ticket prices dropped 30%.
- NCAA Mens Final Four tickets held an average price of around $430 through the weekend: most likely, fans may feel that the UCONN-Kentucky matchup is really the title game.
This is not to suggest that the action in Houston this weekend will be anything short of enthralling. It is just the nature of sports that smaller market teams do not have the expansive fan base to cover say, the trek from Richmond, VA to Houston, TX.