Jimmy Irsay is at again. Maybe he’s got a new precription, maybe he’s off his meds, either way he’s lost it.
He’s trying to rationalize that by paying a lump sum divided by the home dates. $$$/10 that people aren’t over paying for preseason games because they are underpaying for the higher demand games on any given teams schedule. He has a point if he’s looking at it from a single person’s perspective and what that person would get for each seat if they tried to hock them on eBay or to some broker.
The Colts conventionally do not publish the price of their most expensive seats
After some digging on eBay found some section 140 seats (pretty damn nice) with a face value of 275.00 a pop. So the range on season tickets for the Colts appears to be 400.00 to 2750.00.
So while Irsay is correct that 275.00 to get in the door at that nice of seat is a huge bargain to see Manning come home to the house that he built, it’s highway robbery to watch E.J. Manuel’s Buffalo Bills debut. Even if it is a pretty damn nice seat/view. The same can be said for the 40.00 worst seats in the house. $40.00 is a nice price to pay to be invited to the Denver party, but it’s an obscene charge to watch the Bills smoke the Colts last weekend.
The person that owns the $275.00 tickets is trying to recoup some of the 5500(minimum that they have shelled out. The pair of preseason tickets that they paid $550.00 for are currently available for $199.00. I’m going to take a wild guess and say they either lower the price, give them away, or simply eat the cost of those tickets, because I doubt they sell for nearly $100.00 each. Clearly they could sell the Broncos tickets at a premium. The same could be said for the game vs. Houston, a couple of others. That’s the good ole Supply & Demand curve at its best.
Irsay knows this. He knows that he would have a ton of preseason tickets sitting in a room in Indy if they weren’t packaged as season tickets, but that doesn’t change the fact that they are grossly overpriced for the product that is put on the field during these 4 games. Even the week 3 preseason games where the teams usually play their starters longer, these games don’t begin to approach the price of the ticket.
It is a bit odd that when the Colts announced regular season single game tickets were going on sale that the Broncos game was already sold out. Of course it is, they likely gave a local broker a helluva deal at a premium, to where they would still get paid more and then the broker will turn around and make a killing off of them too.
Irsay should just be quiet because this isn’t an argument he is going to win from a public opinion perspective, yet he’s already laughing on the way to the bank knowing that people pay full price for those 2 throw away games, so the joke is already on the fans.
Irsay was born on 3rdbase and acts like he hit a triple.