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Why U.S. sports tickets have gotten so expensive
- mikestew 10mo agohttps://archive.is/HuHGC https://archive.is/HuHGC
- b3ing 10mo agoBecause people will pay it, it’s entertainment, the cheap days are over. If you want an experience you need to pay for it
- missedthecue 10mo agoThe supply is relatively fixed. The number of NFL seats has grown somewhat since 1990 because there are a few new teams, the season is a little longer, and lots of teams have built new stadiums with a little bit more capacity. But the supply of annual NFL seats is still similar to what it used to be. But meanwhile, top quartile income Americans earn way (35% more inflation-adjusted), and there are 40% more of them since 1990. This is why the average NFL seat is $170 and the NFL sold out almost every game last year. You'll notice this in all kinds of areas. Airliners are filling their planes with a greater and greater percentage of first class seating for example. The top 25% of american earners just have an insane amount of spending power.
- torcete 10mo agoBetter use this money to buy an index fund or etf.