The NBA: Where Price Gouging Happens

los_angeles_lakers_logo.pngIf the sudden spike in purple and gold flags on cars hasn’t given it away, The Lakers are playing the Boston Celtics in the NBA Finals. The series tips off tonight but if you plan on going bring your wallet.

According to the LA Times, ticket scalpers…I mean legitimate ticket brokers are charging over $27,000 for the best seats in the house. According to Stubhub.com, the average ticket to a game at the Staples Center for this series will run you around $775.

There does not appear to be a shortage of suckers buyers.

For the record, it’s not just ticket prices that have skyrocketed. In 1987 when these two teams last met in the finals, gas was less than a dollar per gallon and it was still acceptable for players to wear those really short shorts. Those were the days.

For the record, the official 8 Track Kid prediction is Lakers in 6.

8 Replies to “The NBA: Where Price Gouging Happens”

  1. It’s not how I’d spend my extra $30k.

    On an unrelated note ABC just aired a commercial for Clippers season tickets. I wouldn’t spend my money their either.

  2. How much does the city itself make from this? If $700 tickets are helping pay for schools faster than $100 tickets, I’m all for it. But somehow I’m thinking the city isn’t the big beneficiary of the high prices.

  3. @doran – while there was sales tax on the original sale, these are aftermarket tickets and the city sees no revenue from that since sales tax is not generally figured into the price. The last time I bouch scalped tickets was for the NCAA Mens Basketball tournament a few years back and the guy in tha parking lot wasn’t interested in kicking back to the city (I was purchasing after tip off however and scored the seat below face value).

  4. Clippers games are more fun and their fans are slightly less annoying than Lakers fans..whom I assuming are also the same people who sit in the cheap seats at Dodgers stadium.

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