HFBoards

Go Back   HFBoards > General Hockey Discussion > The Business of Hockey
Mobile Hockey's Future Become a Sponsor Site Rules Support Forum vBookie Page 2
Notices

The Business of Hockey Discuss the financial and business aspects of the NHL. Topics may include the CBA, work stoppages, broadcast contracts, franchise sales, NHL revenues, relocation and expansion.

Report: Maple Leafs increasing ticket prices in effort to hurt scalpers

Reply
 
Thread Tools
Old
03-13-2017, 05:12 PM
  #1
madhi19
Just the tip!
 
madhi19's Avatar
 
Join Date: Jun 2012
Location: Cold and Dark place!
Country: Canada
Posts: 3,894
vCash: 500
Report: Maple Leafs increasing ticket prices in effort to hurt scalpers

Quote:
Season ticket renewals for the team opened Monday and prices will increase between $7-16 per game in season ticket packages.
According to Maple Leaf Sports and Entertainment (MLSE) chief commercial officer David Hopkinson, this will impact those who sell tickets on the secondary market and ultimately have a positive impact on Maple Leafs fans.
Link

It's a bold strategy, Cotton. Let's see if it pays off for 'em.

madhi19 is online now   Reply With Quote
Old
03-13-2017, 05:14 PM
  #2
Fictional Realism
What is going on?
 
Fictional Realism's Avatar
 
Join Date: Jun 2003
Location: The Crease
Country: Canada
Posts: 17,554
vCash: 894
Wow, that's quite the spin there. We are increasing ticket prices to help you, the fans.

Fictional Realism is offline   Reply With Quote
Old
03-13-2017, 05:18 PM
  #3
Tom ServoMST3K
WPG PO Wins: 0
 
Tom ServoMST3K's Avatar
 
Join Date: Nov 2010
Location: Just off 75
Country: Canada
Posts: 15,358
vCash: 949
As they should.

If demand is that high, that scalpers are taking advantage, then prices should be higher. Scalpers exploit a gap in the market. When all the hubub about scalpers happened with the Tragically Hip concert, I was questioning why prices were so low.

Tom ServoMST3K is online now   Reply With Quote
Old
03-13-2017, 05:26 PM
  #4
Killion
Global Moderator
 
Killion's Avatar
 
Join Date: Feb 2010
Posts: 31,442
vCash: 500
Quote:
Originally Posted by Fictional Realism View Post
Wow, that's quite the spin there. We are increasing ticket prices to help you, the fans.
... clearly a case of possession.... soul of Harold Ballard mustve jumped Hopkinsons mind, the rest of the braintrust at MLSE.... no other explanation for it.

Killion is offline   Reply With Quote
Old
03-13-2017, 05:39 PM
  #5
madhi19
Just the tip!
 
madhi19's Avatar
 
Join Date: Jun 2012
Location: Cold and Dark place!
Country: Canada
Posts: 3,894
vCash: 500
It's a small cash grab as pointed above the gap between the secondary market, and the face value prices are just too wide. You want to get serious about the secondary market you have to raise prices by a lot more than $7.

madhi19 is online now   Reply With Quote
Old
03-13-2017, 05:44 PM
  #6
ForumNamePending
Registered User
 
Join Date: Mar 2012
Posts: 1,901
vCash: 500
A+ spin job, MLSE... Well done!!!

ForumNamePending is offline   Reply With Quote
Old
03-13-2017, 05:44 PM
  #7
cbcwpg
Registered User
 
cbcwpg's Avatar
 
Join Date: May 2010
Location: Between the Pipes
Country: United Nations
Posts: 9,621
vCash: 500
The Leafs can triple prices if they like, but it's only helping one entity, and that's the owners pockets. Tickets on the secondary market have already been paid for. The Leafs already got their money.


Yup, let's raise prices so we can make the team better.

"That doesn’t help us get better"

Did the Leafs forget there is a cap?

cbcwpg is offline   Reply With Quote
Old
03-13-2017, 05:44 PM
  #8
Paul Martin Jones
DontTouchMyDonskoi!
 
Paul Martin Jones's Avatar
 
Join Date: Feb 2002
Country: Canada
Posts: 5,005
vCash: 500
Quote:
Originally Posted by madhi19 View Post
It's a small cash grab as pointed above the gap between the secondary market, and the face value prices are just too wide. You want to get serious about the secondary market you have to raise prices by a lot more than $7.
Correct, you have to go all the way up to the secondary market price.

There should also be benefits for direct buyers that scampers can't offer, this also helps curb scalping.

Paul Martin Jones is offline   Reply With Quote
Old
03-13-2017, 06:00 PM
  #9
Tom ServoMST3K
WPG PO Wins: 0
 
Tom ServoMST3K's Avatar
 
Join Date: Nov 2010
Location: Just off 75
Country: Canada
Posts: 15,358
vCash: 949
I have no time for anyone who complains about scalpers.

I've gotten so many tickets for under face from them.

If your product is priced correctly, there would be no scalpers.

Tom ServoMST3K is online now   Reply With Quote
Old
03-13-2017, 06:04 PM
  #10
Mork
Registered User
 
Join Date: Jul 2010
Country: Canada
Posts: 3,253
vCash: 500
Send a message via ICQ to Mork
A positive impact on Leafs fans?

How?

It won't make tickets less expensive or more readily available.

Mork is offline   Reply With Quote
Old
03-13-2017, 06:29 PM
  #11
Slot
Registered User
 
Join Date: Mar 2012
Posts: 2,152
vCash: 500
Quote:
Originally Posted by cbcwpg View Post
The Leafs can triple prices if they like, but it's only helping one entity, and that's the owners pockets. Tickets on the secondary market have already been paid for. The Leafs already got their money.


Yup, let's raise prices so we can make the team better.

"That doesn’t help us get better"

Did the Leafs forget there is a cap?
They've just helped the cap go up. Gotta make up for a flagging CAD somehow.

Slot is offline   Reply With Quote
Old
03-13-2017, 06:37 PM
  #12
TOGuy14
Registered User
 
TOGuy14's Avatar
 
Join Date: Dec 2010
Location: Toronto
Country: Canada
Posts: 7,673
vCash: 500
Quote:
Originally Posted by Tom ServoMST3K View Post
I have no time for anyone who complains about scalpers.

I've gotten so many tickets for under face from them.

If your product is priced correctly, there would be no scalpers.
Honestly even in Toronto it is pretty easy to get resale tickets at face value or below if you grab them day of, ESPECIALLY for week night games.

I work up the street from the ACC and sometimes troll Kijiji mid-day if I feel like going to a game.

Seriously, found this in two seconds of searching

http://www.kijiji.ca/v-tickets/city-...ace/1246036021

TOGuy14 is offline   Reply With Quote
Old
03-13-2017, 06:38 PM
  #13
Elephant Igloo
Registered User
 
Elephant Igloo's Avatar
 
Join Date: Jan 2017
Posts: 148
vCash: 500
Letting my wife sleep with other men so she can't cheat on me.

Elephant Igloo is offline   Reply With Quote
Old
03-13-2017, 06:43 PM
  #14
heretik27
Registered User
 
heretik27's Avatar
 
Join Date: Apr 2013
Location: Winnipeg
Country: Canada
Posts: 4,180
vCash: 500
Quite an odd concept, don't Toronto fans already pay through the nose for ticket prices already?

heretik27 is offline   Reply With Quote
Old
03-13-2017, 06:55 PM
  #15
Hobble
Registered User
 
Join Date: Sep 2010
Posts: 3,426
vCash: 500
Or you know, lower the prices to the point where people don't need to go to scalpers?!

Hobble is online now   Reply With Quote
Old
03-13-2017, 06:56 PM
  #16
Deathstroke
Hey kid!
 
Deathstroke's Avatar
 
Join Date: Nov 2014
Location: New Jersey
Country: United States
Posts: 21,471
vCash: 50
Raising ticket prices in Toronto does not seem like a good idea.

Deathstroke is offline   Reply With Quote
Old
03-13-2017, 06:59 PM
  #17
Tom ServoMST3K
WPG PO Wins: 0
 
Tom ServoMST3K's Avatar
 
Join Date: Nov 2010
Location: Just off 75
Country: Canada
Posts: 15,358
vCash: 949
Quote:
Originally Posted by Hobble View Post
Or you know, lower the prices to the point where people don't need to go to scalpers?!
This would drastically increase scalping, as opportunists look to take advantage of an even bigger gap in the market.

What people are willing to pay for tickets is higher than what the Leafs price the tickets, so some people make use of that gap to attempt to make money.

If costs go up, with supply staying the same, then demand should fall. It's that demand that scalpers make use of.

Tom ServoMST3K is online now   Reply With Quote
Old
03-13-2017, 07:01 PM
  #18
JPeeper
Registered User
 
JPeeper's Avatar
 
Join Date: Jan 2015
Posts: 1,656
vCash: 500
Aren't they already so high that going to Leafs game is the equivalent to a normal person going on vacation to Hawaii.

semi-srs

JPeeper is offline   Reply With Quote
Old
03-13-2017, 07:04 PM
  #19
Tom ServoMST3K
WPG PO Wins: 0
 
Tom ServoMST3K's Avatar
 
Join Date: Nov 2010
Location: Just off 75
Country: Canada
Posts: 15,358
vCash: 949
Quote:
Originally Posted by JPeeper View Post
Aren't they already so high that going to Leafs game is the equivalent to a normal person going on vacation to Hawaii.

semi-srs
They start at like 80-120 bucks a pop US on stubhub, depending on the matchup.

If you can get Canadian Airfare to Hawaii and back for 400 bucks, please message me.

Tom ServoMST3K is online now   Reply With Quote
Old
03-13-2017, 07:04 PM
  #20
Matthews 2 the Leafs
Time to Rebuild
 
Matthews 2 the Leafs's Avatar
 
Join Date: Oct 2014
Location: London, ON
Country: Canada
Posts: 6,732
vCash: 1275
Quote:
Originally Posted by Hobble View Post
Or you know, lower the prices to the point where people don't need to go to scalpers?!
Supply and Demand would suggest the opposite.

Because we aren't at market equilibrium there will be scalpers.

__________________
5-6-8-13
Matthews 2 the Leafs is offline   Reply With Quote
Old
03-13-2017, 09:01 PM
  #21
Hammer9001
Registered User
 
Hammer9001's Avatar
 
Join Date: Apr 2015
Location: Hamilton
Country: Canada
Posts: 283
vCash: 500
I'd normally say, well and good supply and demand, but I'm a firm believer that Toronto and much of the league artificially restricts supply by not putting another team (which would clearly be profitable) in the golden horseshoe.

This isn't going to stop a single scalper, or secondary ticket seller, because fundamentally there's a very finite supply of tickets in Southern Ontario, and the demand for people willing to buy them isn't going to go down over an extra 20 bucks. I'm still shocked to this day that the Leafs draw as much as they do with the prices they set, but the demand is always there.

The only thing this changes is the Leafs make more money, because Toronto fans are willing to pay for the ludicrious prices, for a league that would rather chase US TV revenue, then make another profitable Ontario team.

Hammer9001 is offline   Reply With Quote
Old
03-13-2017, 09:03 PM
  #22
CanadianSharks
Registered User
 
CanadianSharks's Avatar
 
Join Date: Dec 2012
Country: Canada
Posts: 26,196
vCash: 500
Quote:
Originally Posted by madhi19 View Post
It's a small cash grab as pointed above the gap between the secondary market, and the face value prices are just too wide. You want to get serious about the secondary market you have to raise prices by a lot more than $7.
I agree. It "seems" like a step in the right direction to fight scalpers, but likely won't have a very significant impact on them at all.

CanadianSharks is offline   Reply With Quote
Old
03-13-2017, 09:10 PM
  #23
mouser
Global Moderator
Business of Hockey
 
mouser's Avatar
 
Join Date: Jul 2006
Location: South Mountain
Posts: 17,093
vCash: 500
When hasn't MLSE raised ticket prices? Nothing surprising here.

mouser is online now   Reply With Quote
Old
03-13-2017, 10:47 PM
  #24
rojac
HFBoards Sponsor
 
rojac's Avatar
 
Join Date: Apr 2007
Location: Waterloo, ON
Country: Canada
Posts: 8,509
vCash: 500
Quote:
Originally Posted by Hammer9001 View Post
I'd normally say, well and good supply and demand, but I'm a firm believer that Toronto and much of the league artificially restricts supply by not putting another team (which would clearly be profitable) in the golden horseshoe.

This isn't going to stop a single scalper, or secondary ticket seller, because fundamentally there's a very finite supply of tickets in Southern Ontario, and the demand for people willing to buy them isn't going to go down over an extra 20 bucks. I'm still shocked to this day that the Leafs draw as much as they do with the prices they set, but the demand is always there.

The only thing this changes is the Leafs make more money, because Toronto fans are willing to pay for the ludicrious prices, for a league that would rather chase US TV revenue, then make another profitable Ontario team.
As a Leafs fan, I would far rather never be able to afford to attend a Leafs game in person than to clutter this market with another team.

And I am so sick of Hamiltonian whining for a NHL team when they have two within a hour or so.

rojac is offline   Reply With Quote
Old
03-13-2017, 10:51 PM
  #25
Gnashville
Hated Sixer!
 
Gnashville's Avatar
 
Join Date: Jan 2003
Location: Crossville TN
Country: United States
Posts: 8,271
vCash: 500
This should be the Maple Leafs goal song!!


Gnashville is offline   Reply With Quote
Reply

Forum Jump


Bookmarks

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off



All times are GMT -5. The time now is 12:48 AM.

monitoring_string = "e4251c93e2ba248d29da988d93bf5144"

vBulletin Copyright ©2000 - 2017, Jelsoft Enterprises Ltd.
HFBoards.com is a property of CraveOnline Media, LLC, an Evolve Media, LLC company. ©2017 All Rights Reserved.