Sweeting has meticulously crunched the data on baseball ticket sales for 2007 on StubHub.com, and he cross-checked his analysis with data from another (anonymized) online source. He documents a rather striking fact: the prices of baseball tickets tend to fall through time. …
You might be concerned that this result simply reflects all the better tickets being sold early. But Sweeting’s dataset (of over three million ticket sales!) contains such amazing detail that the chart reflects comparisons among tickets within the same game, section, and row.
In fact, Sweeting’s biggest concern in my giving this advice is that his data cover only regular season games, while different patterns may apply to the post-season. But the economic forces behind Sweeting’s law probably apply even more strongly to the World Series. He argues that regular season-ticket prices are higher in advance of game day because people have to make plans in advance, which increases demand.
It seems likely that a greater share of the World Series crowd will be traveling to Philly for the game, and these folks will be especially keen to purchase game tickets before investing in airline tickets. As such, expect today’s ticket prices to be sky-high as these folks make their plans — and hopefully prices will start falling over the next few days.
More support for my theory (or is it a life philosophy?) of rational procrastination.
My experience with buying secondary-market tickets at sporting events is that the closer you get to the venue, the lower the price.