Guess Which of the Four Major Sports Is Recession Proof? from CNBC.com
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03-01-2013, 12:23 PM
Join Date: May 2009
Is the NHL Recession Proof?
According to the report, NHL attendance climbed 1.1% between 2008 and 2012 -- the only sport to grow attendance over that span -- even though the average ticket price jumped to $57.10 in the 2011-2012 from $48.72 in 2007-2008. Even after ticket prices soared more than 5% during each of the last two seasons, attendance still rose 0.3% and 1.9%, respectively.
In contrast with the NHL’s 17.2% leap in prices, average NBA ticket prices have declined 4% since 2000 to $48.48. Despite the cheaper seats, attendance is off 2.7% since peaking in 2007.
Attendance for pro baseball teams has slid 5.9% since 2008, while ticket prices are up by an average of 6% over that span.
Even the NFL, which is by far the most popular and lucrative of the four major sports, has seen attendance slip 1% since 2008 as ticket prices have climbed 8.6% and more fans stay home to watch Red Zone in HD.
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