Super Bowl 50 is officially set after the two Championship games were played yesterday, with the Carolina Panthers and the Denver Broncos coming out victorious. Two weeks to go and a lot of fans eager to attend the game, a hefty price tag for a coveted seat at the event is accompanied and that price tag is not a cheap one.
According to Forbes, the average value in the secondary market for tickets is set at $5,335, with the best seats selling for as much as $10,000. The average price is higher than the last five Super Bowls, in which ticket prices fell to under $4,000 on the day the two championship games would be played. There are applicable opinions why this could be, for instance this is the first game that has been played in the San Francisco Bay Area since 1985, when the game was held at Stanford Stadium, the home to the University of Stanford Cardinal football team. Having the highest median income of any major metropolitan city in the U.S. has also played part in why ticket prices are so high at the moment.
Historically, ticket prices are bound to drop in the two weeks in anticipation for the Super Bowl. The highest drop occurred with the 2014 Super Bowl between the Broncos and the Seattle Seahawks set at Metlife Stadium in New Jersey, dropping 35% from $3,637 to $2,345 in two weeks. The drop that seemed to not move at all was the 2012 Super Bowl between the Green Bay Packers and Pittsburgh Steelers which took place at AT&T Stadium in Dallas, which saw a mere 6& drop with values dropping from $3,668 to only $3,461.
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