The expansion of online ticket marketplaces has meant that many tickets are now sold well below face value. It’s also resulted in tickets to some especially in-demand events becoming more expensive than ever.
As Yankee shortstop Derek Jeter reaches within a few hits of the 3,000-hit milestone, the asking price for tickets at Yankee Stadium this weekend has more than doubled—to an average of $165.
In the near future, tickets to sporting events could be determined not simply by the section you’re sitting in, but by who is pitching, whether a basketball team’s star power forward is hurt, when you buy your seats, the weather on the day of the game, and all sorts of other factors.
The world of professional sports is not immune to the recession—not even when it comes to playoff baseball.
You can have a good baseball team. You can have (relatively) cheap beer at the ballpark. But apparently, you cannot have both.
You pay more, you get a better ball club, right? Not necessarily. See this year’s Florida Marlins, a team whose record compares quite favorably to clubs paying much, much higher salaries. Some stats have also come to light indicating that paying top dollar for pitching staffs can be a waste of money.
My very amateurish work as a statistician turned out to be pretty on the money, if I do say so. A few weeks ago, at the Major League Baseball All-Star Break, I took a look at which teams paid proportionally the least—and the most—for their wins. Seeing as cheapskates are always concerned with value and [...]
In Major League Baseball, where team payrolls can vary enormously, the payroll-dollars-to-team-wins ratio can be dramatically, appallingly different. Since The Cheapskate Blog is all about getting the best value, I thought the midseason All-Star break was a good time to look at which teams are and aren’t getting the most bang (i.e., wins) for their payroll bucks.
After Little League baseball sponsors disappeared, communities are getting creative with ways to bring costs down and make sure every kid who wants to play can play.
