PORTLAND, Ore. (TheStreet) -- Around this time of year, U.S. sports fans develop a Ptolemy complex that places the Super Bowl at the center of the universe and forces everything else to rotate around it.
Unfortunately for them, this year is going to put a Galileo- and Copernicus-style beatdown on their little pigskin-centric worldview.
Super Bowl XLVIII between the Seattle Seahawks and Denver Broncos at MetLife Stadium in East Rutherford, N.J., is sold out. The secondary market for tickets made 12,000 seats available after the conference championships last week, though. More made their way onto sites such as eBay's StubHub each day.
On the Monday after the AFC and NFC championships, the average resale price of those tickets was $3,935, as reported by Forbes. It dropped to $3,721 by Monday and to $3,676 by Tuesday. That was still well above the face value of $500 to $2,600, and no ticket had sold for less than $2,000 yet. The suckers were really shelling out.As a result, the average asking price quoted by TiqIQ -- which tracks various ticket resale sites -- increased from $4,015 on Monday to $4,525 on Wednesday, but dropped to little more than $3,900 by Friday. That $2,000 rock-bottom price dropped in a hurry, too. Resale website aggregator SeatGeek found dozens of seats on StubHub, Razorgator, TN Direct and elsewhere for less than that, The cheapest seats hovered around $1,500. Super Bowl ticket prices plunge this way ever year. In 2013, for example, fans from San Francisco and Baltimore bought tickets for an average of $3,445 immediately after the conference championship games, but saw the average price drop to $1,551 by game day. A spokesman from TiqIQ suggested early last week that the price of upper-level seats should hit $1,500 just a week before the Super Bowl.