For Elite Eight Tickets, East Regional Finals Up 39% And Now More Expensive Than Final Four Championship Game

Mar 29 2014, 9:56am CDT | by

For Elite Eight Tickets, East Regional Finals Up 39% And Now More Expensive Than Final Four Championship Game
Photo Credit: Forbes Auto

UConn is making yet another run at Madison Square Garden, like it has so many times before. With the 81-76 defeat of Iowa State last night, the average price for the Elite Eight tickets at Madison Square Garden is up 39% to an average price of $569 on the secondary ticket market.  For that substantial sum, you’ll see UConn play Michigan State in a match-up of the seven and four seeds.  With that increase, the average price for the East Regional in now higher than NCAA Tournament tickets for the Championship game, which will be played next weekend.   Only the Semi-Final session of championship weekend, which features two games,  has a more expensive ticket price than tomorrow’s game at MSG. While the East Regional final is the highest price for Elite Eight tickets, prices for the Michigan-Kentucky Midwest regional have had the highest price increase over the last week and are up 78% to an average price of $272. Kentucky fans have a relatively short trip of 197 miles from Lexington to Indianapolis, which make the game an appealing road-trip option, especially given the fact that the cheapest ticket price is $60 for the game. By comparison, the cheapest ticket at Madison Square Garden is $223. The Midwest regional final will be played at 5:50 Sunday, and currently has over 3,000 tickets available for sale.   The East Regional game will be played at 2:30 pm ET Sunday and has just under 2,500 tickets available for sale.

Despite top-seeded Arizona advancing in the West region, ticket prices for their match-up against number-two Wisconsin are down 20% over the last week. The current average price for the battle of a one and two seed is $202 with a get-in price of just $50. Arizona has a significant California contingent, and this will feel as much like a home-game as the game at Madison Square Garden will for UConn. Despite the most lopsided match-up of the elite eight, prices to see number-one Florida take on number-eleven Dayton have only dropped 5% over the last week. Florida is the largest regional school to have been selected to the South, but is still over 600 miles from Memphis.  The news media has been reporting that Dayton fans are in fact the most visible and vocal group in Memphis.  At an average price of $186, they’re getting a deal as the South regional final at FedEx forum is the cheapest of the four Elite eight games, and has a get-in price of $50. With the game scheduled at 6:09 pm Eastern tonight, the South Regional has the least available quantity, with only 132 tickets for sale. The later game in the West still has over 500 tickets for sale.

As for Final Four tickets, the average price for the semi-final has not moved in price over the last week and currently has an average list price of $620. That compares to an average price of $545 for the final game. Both will be held at AT&T Stadium.  Below is a list of all the remaining games in the NCAA Tournament and their average price as well as quantity of tickets available for sale.

Event name Venue name Qty Avg ask price
NCAA Men’s South Regional – Session 2 Fedex Forum 132  $184.25
NCAA Men’s West Regional – Session 2 Honda Center 536  $202.34
NCAA Men’s Midwest Regional – Session 2 Lucas Oil Stadium 3030  $257.65
NCAA Men’s Final Four – Session 2: Championship Game AT&T Stadium 9147  $545.58
NCAA Men’s East Regional – Session 2 Madison Square Garden 2478  $559.94
NCAA Men’s Final Four – Session 1: Semifinals AT&T Stadium 8244  $620.33

Source: Forbes Auto

 
 

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