This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Baseball Is Still a Big League Bargain

Hoping to see a better brand of baseball? Well, that gets costly. After filling the team treasury with TV money, stacking the roster and making the National League Championship Series, the Los Angeles Dodgers jacked up average ticket prices 15.3%, to $25.80. That's still cheaper than the average cost of seeing any team in the NHL or NBA, though even the NBA's least expensive team -- the New Orleans Hornets and their $26.87 average ticket price -- doesn't come close to the Dodgers' recent success.

By comparison, the Pittsburgh Pirates had a winning season and made the playoffs for the first time in 20 years last year, but even a 6.5% hike in ticket prices couldn't bring the average ticket price higher than $18.32 -- third-lowest in the league. Meanwhile, Detroit Tigers fans got a 7.7% price hike for their team's trip to the ALCS in 2013, though the team's average ticket prices stayed below $30.

So is anyone in MLB really getting a raw deal this year? The Oakland A's made the playoffs in 2013, but a 4.4% ticket price hike comes with the additional baggage of playing in a decaying stadium with terrible plumbing this year and playing who knows where five years from now. The Atlanta Braves took the National League East this year, but their 3.8% ticket price hike in 2014 comes with the added insult of the team's impending move out of Atlanta to suburban Cobb County.

Despite their team winning the World Series two years ago, San Francisco Giants fans are entitled to grumble after their team missed the playoffs altogether in 2013 and increased ticket prices at AT&T Park 5.8% this year. Arizona Diamondbacks fans had to suffer the dual indignity of missing the playoffs and having the Dodgers celebrate their NL West title by swimming in the Diamondbacks' outfield pool, but still have to cough up 6.4% extra for tickets this year. Granted, it's for tickets that go for an average of $17.98 and are the second cheapest in the league, but there's principle behind it.

No, the folks getting royally hosed this year are Kansas City Royals fans. It's bad enough that the team hasn't been to the playoffs since 1985 and has had only eight winning seasons during that time. But what did loyal fans get for watching their team win more than 80 games for the first time in a decade in 2013? A 24.7% jump in ticket prices. Seriously, ticket prices at Kauffman Stadium are roughly a fourth higher than 2013 just because the team wasn't absolutely terrible.

Hasn't Kansas City been through enough within the last year? Boulevard Brewing, the Kansas City brewer whose billboards have been all over Kauffman Stadium and whose beers are ubiquitous in its stands, was sold to a Belgian brewery last fall. The NFL's Kansas City Chiefs saw an 11-5 season end with a crushing loss to their division rival San Diego Chargers and their Wild Card playoff appearance end in a one-point loss to the Indianapolis Colts.

Do fans of a team that's a synonym for "small market" really need to be punished because that team was a bit too good last year? Does one of the longest-suffering fan bases in baseball need negative reinforcement every time its team threatens to make the playoffs? Does Royals management really think its team's one season of mediocrity represents some sort of premium on an Atlanta Braves, Cincinnati Reds, Baltimore Orioles, Cleveland Indians, Pittsburgh Pirates or Tampa Bay Rays ticket? Because fans who bought those tickets in 2013 saw a playoff team, which the Royals haven't been in 29 years.

Major League Baseball is still a great bargain in the grander scheme, but it's only as good a deal as the folks in the local front office allow it to be.

-- Written by Jason Notte in Portland, Ore.

>To contact the writer of this article, click here: Jason Notte.

>To follow the writer on Twitter, go to http://twitter.com/notteham.

>To submit a news tip, send an email to: tips@thestreet.com.

RELATED STORIES:

Jason Notte is a reporter for TheStreet. His writing has appeared in The New York Times, The Huffington Post, Esquire.com, Time Out New York, the Boston Herald, the Boston Phoenix, the Metro newspaper and the Colorado Springs Independent. He previously served as the political and global affairs editor for Metro U.S., layout editor for Boston Now, assistant news editor for the Herald News of West Paterson, N.J., editor of Go Out! Magazine in Hoboken, N.J., and copy editor and lifestyle editor at the Jersey Journal in Jersey City, N.J.
2 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
AAPL $124.75 0.00%
FB $80.78 0.00%
GOOG $524.05 0.00%
TSLA $206.79 0.00%
YHOO $44.45 0.00%

Markets

DOW 17,826.30 -279.47 -1.54%
S&P 500 2,081.18 -23.81 -1.13%
NASDAQ 4,931.8150 -75.9760 -1.52%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs