Inside the astronomical ticket prices for sporting events and concerts
Summary
The price of tickets for big sports games and concerts has become very high. For example, a ticket to Game 3 of the NBA Finals at Madison Square Garden is now averaging over $8,000 on the secondary market, which is much higher than the original $3,000 price.Key Facts
- Tickets for major events are selling for much more than their original price.
- A ticket for Game 3 of the NBA Finals between the Knicks and Spurs costs over $8,000 on resale.
- The original ticket price for that game was about $3,000.
- The increase in ticket prices shows a trend of rising costs in sports and entertainment.
- Joe Enoch is a CBS News reporter covering consumer, business, and technology topics.
- High ticket prices are creating challenges for fans who want to attend these events.
- The information comes from CBS News coverage on this topic.
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