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Stock impact report

Prices for NFL tickets are topping pre-Covid levels, secondary market vendor says [CNBC]

Vivid Seats Inc. (SEAT) 
Company Research Source: CNBC
SeatGeek CEO Jack Groetzinger predicted the “next few years for live entertainment will be gangbuster years.” Tickets for the upcoming NFL season are selling at a lower average price on secondary market platform SeatGeek out of the gate than they were a year ago, the company said, but they're still higher than pre-pandemic levels. Ticket prices averaged $307 immediately following the release of the NFL's schedule Thursday. Fans were particularly interested in marquee matchups, such as star quarterback Patrick Mahomes of the Kansas City Chiefs taking on NFL legend Tom Brady of the Tampa Bay Buccaneers. That price is down from an average of $411 out the gate last year, but it's higher than the average of $305 in 2020, when games were restricted due to Covid. The average in 2019 was $258. Ticket prices usually fluctuate throughout the NFL season as demand changes. The high ticket prices are an indication that people are still spending big on live entertainment and sports despite Show less Read more
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