Another sign of recessionary times:
The average ticket price for NFL playoff games this season will decrease by approximately 10 percent from last season.
Citing economic challenges facing fans as the reason for the reduction, the NFL confirmed the lower prices Wednesday. But the specific leaguewide average playoff ticket price cannot be determined until the home playoff sites are decided; prices vary from market to market depending on costs for regular-season tickets.
“We want to be responsive to the economic challenges facing our fans,” an NFL spokesman said.
I view professional sporting events as being so expensive that I’d like to think this move is a realization by the NFL that its ticket prices had gotten out of hand, so it’s simply returning them to more reasonable levels. But for years people have demonstrated that they are willing to pay ridiculous ticket prices. The only thing that has changed this year is that fans are reaching the financial breaking point and can no longer afford to do so. If they had the money, they’d continue paying it. But hard times are reshaping people’s priorities.
An interesting side question: If things continue to go south in the NFL economy for a season or two, will it be deemed “too big to fail” and thus become eligible for a federal bailout?