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Inside the astronomical ticket prices for sporting events and concerts

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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