This was in today's Inquirer (and copied from the newspaper's web site): Yankees general partner Hal Steinbrenner admits that some tickets in the new $1.5 billion Yankee Stadium might be overpriced, given the recession. The Yankees set prices for the premium Legends Suites seats 13 months ago and sold them for $500 to $2,500 as part of season tickets. According to the team's Web site, some of those seats remain available for individual games, when the price goes up to $2,625.
"I think if anybody in any business had known where this economy was going to go, they would have done things differently," Steinbrenner said. "Look, there's no doubt small amounts of our tickets might be overpriced."
"I think if anybody in any business had known where this economy was going to go, they would have done things differently," Steinbrenner said. "Look, there's no doubt small amounts of our tickets might be overpriced."
Might be? Let's analyze, shall we? We shall.
Steinbrenner apparently figures that if "the economy" was better, the tickets would be reasonably priced. Besides the fact that we now have another generation of dopey Steinbrenners to deal with, how would he think that $2,500 is a fair price to attend a baseball game under any economic conditions?
That's the same sort of thinking that led people to buy bicycles and conserve gasoline when it was 4 dollars a gallon but now that it's closer to 2 dollars, allows them to resume their wasteful habits. Something is either wasteful and extravagant or it isn't. Economics have nothing to do with it.
Apparently, in The Land of the Steinbrenners, (not visible on a map) they were taking advantage of what they would refer to as "the good times" and fleece baseball fans for a few weeks pay for a single game ticket. That said, I'm not sure anyone who could afford $2,500 for a ticket to a baseball game is suffering in any economy, so maybe the price is just ridiculous regardless of the foreclosure or unemployment rate. Did you think of that, Hal?
No, you didn't because in your world (map available from Hal) we should be grateful that the Yankees play baseball and we should feel privileged to attend a game in your castle - er - ballpark.
Did you ever stop to consider that spending $2,500 for a baseball ticket is one of the reasons we're in this mess to begin with?
Too busy counting dad's money, I'm guessing. That's going to be easier than counting ticket stubs.
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