Friday, January 3, 2014

Playoff Game Tickets

I am somewhat troubled by the complaining about greed of the NFL over playoff tickets.  The NFL is a product, and they can charge whatever they want for tickets to their events.  Fans have the choice of paying or not.  It is not your right to be able to view the games on TV.

Many people are claiming the NFL is greedy by charging the supposedly high price for tickets.  All season long those tickets were bought up, and all home games for the Bengals were sold out.  No one I heard of complained then.  But now!

I do find the TV black out rules illogical.  If I want to watch the game on TV then many people need to buy tickets to see the game in the stadium.  Or I need to buy a ticket to see the game in person so others can watch it on TV.  This makes no sense to me.

But economics should prevail.  There re roughly 66,000 tickets for each game at Paul Brown Stadium (PBS).  If the price is too high, not all will be sold.  If the price is too low, then many who want tickets won't be able to buy them before they sell out.  The optimal price is one that sells exactly the number of ticket available for sale.

The point being, the price should be set where demand equals supply.  If you want to see the game badly enough, go buy a ticket.  Otherwise stop complaining.

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