New York City hosts this year’s All-Star festivities, just five years after hosting the 2008 summer classic. The Mets are in charge this year, with the All-Star Game, Home Run Derby, Futures Game and All-Star Legends & Celebrity Softball Game all taking place at CitiField. Five years ago, Yankee Stadium was the site for these activities in its last year of existence. In 2009, the Yankees moved across the street to the new Yankee Stadium.
Everything, it seems, is more expensive in New York City — and tickets for the All-Star Game and Home Run Derby are no exception. Tickets for this year’s game range from $195 to $715, according to Major League Baseball. In 2008, the range was $150 to $725. That’s a nearly 33% increase for the least expensive ticket, with a slight decrease at the upper end. By comparison, ticket prices for last year’s All-Star Game in Kansas City ranged from $125 to $400.
The economy’s certainly picked up since 2008, which may have contributed to the ticket price increase. There’s also the issue of supply and demand. Yankee Stadium could fit more than 56,000 fans. CitiField’s capacity, including standing room only, is only 45,000. Not every seat in the ballpark is for sale, either. MLB uses quite a few seats for TV and corporate sponsors and players get seats for their friends and family. Read the rest of this entry »