Added: Sherlonda Pitre - Date: 19.11.2021 08:38 - Views: 46355 - Clicks: 6462
Super Bowl XLIX ticket prices are through the roof, thanks to a buying frenzy driven by a questionable, yet common sales practice. February 1, One might expect Super Bowl tickets to grow more expensive every year, but as this chart from Fortune shows, prices have actually been flat or on the downswing for the past five years. That trend has been so steady, in fact, that secondary sellers Like Stub Hub have for years been selling tickets before they actually have them.
Such vendors make their money by selling a ticket at a certain price, and then, as the price drops, buying the tickets at the lower price and delivering them to the customer. The make their money from the price difference.
But this year, for still-mysterious reasons, the prices never dropped Instead, they went up. StubHub, which has a ticket guarantee, lost an undisclosed, very large chunk of money buying up tickets. But hundreds of fans who bought tickets from vendors without guarantees are missing out on the game — and those sellers are going bankrupt trying to refund their money, or avoid lawsuits.
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How much a Super Bowl ticket will cost you — and how it’s changed