Despite Major Price Drop, Cheap World Series Tickets Still Are Not Very Cheap

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By Douglas A. McIntyre Updated Published
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ws_game_5_by_dayWith the Cubs loss in game 4 last night, ticket prices for the final 2016 World Series game at Wrigley field have dropped almost 72% in the last two days, according to event ticket search engine TicketIQ. By most measures that’s a major major correction, and firmly in bear market territory.  For the Cubs, however, it merely brings the Cubs closer to the pack of most expensive World Series ticket prices the company has ever tracked. Prior to the drop, game 5 had an average price as high as $7,000 with the cheapest ticket going for over $2,000.  Currently, the average asking price is just over $3,000. At those prices, it is still almost double the price of any other World Series game we’ve tracked prior to 2016.

For the most optimistic Cubs fans, the silver lining is that game 5 is may actually be close to affordable. Currently the cheapest ticket for game 5 is $806, which means that fans previously priced can now at least consider the possibility of going.
Here’s a real-time view for game 5, which at one point was the most expensive major league sporting event that TicketIQ had ever tracked.  With the recent correction, game 5 is now the fourth most expensive game TicketIQ has ever tracked, behind the 2015 and 2016 Super Bowl, as well as game seven, if necessary in Cleveland. Over the last two days, the average asking price for game 7 in Cleveland has climbed 6% to an average asking price of $4,427.
If that’s too expensive for Indians fans, Game 6 may be the best bet. With an average asking price of $3,127, the average price for game 6 is down 23% since the series started. The cheapest ticket for that game is now $1,300, which is $500 more the cheapest ticket for tonight’s game 5.  For Indians fans that means that, amazingly, the cheapest option to see the believe-land story continue may be a 5 hour drive to Wrigley Field.
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About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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