Don’t feel bad for Knicks’ sensation Jeremy Lin just because he played poorly in the team’s Thursday night loss to LeBron James and the Miami Heat. Lin will be the most discussed player during the NBA All-Star weekend in Orlando, and he’s not even playing in the game on Sunday. Among the signs that the Lin story remains red hot: Restaurants are naming food and drinks after him, a Lin biography and a Lin-themed sneaker are reportedly in the works, and businessmen the world over are dropping into conversation the idea of pulling “a Jeremy Lin.”
The phenomenon of undrafted Harvard grad and previous NBA benchwarmer Jeremy Lin is translating into serious money, as Knicks’ ticket prices soar and stores can’t keep up with demand for Lin jerseys and “Linsanity” merchandise.
As the stalemate drags on, lament the lack of basketball — but don’t believe it’ll do major damage to local economies.
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.
There was something dramatic and striking about the Dallas Mavericks’ victory over the Miami Heat in the NBA Finals on Sunday. It was the stark contrast of the multimillionaire players of a multi-billion dollar league arousing not the animosity but the passion of millions of fans who are almost certainly not faring as well.
Also: What can the Miami Heat’s three-headed monster experiment teach you about getting your finances under control?
Last night’s game between the New Jersey Nets and the Cleveland Cavaliers wasn’t exactly a hot ticket. Seats were being offered on StubHub for mere pennies.
My those Celtics taste delicious! At long last you can get toast and pizza with the logos of NBA teams on them. And you’ll pay extra for the privilege.
If LeBron James and the Cleveland Cavaliers had made it to the Eastern Conference Finals, ticket prices sold on the black market would have averaged $349 for the Cavs home games. But now that it’s a match-up of the Orlando Magic and the Boston Celtics, tickets are expected to be resold for a bit under [...]
“Who wouldn’t want a bargain?”
The NBA’s Sacramento Kings have the worst attendance in the league, averaging just over 12,000 tickets sold per game, filling less than 70% of its arena’s seats. So guess what happened when the team announced a $1 beverage promotion, offering soda, water, and (yes!) beer for a buck?
