With winning team and low costs, Wolves tickets are best value in NBA
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Apparently there has been a fringe benefit to the Wolves being out of contention for a number of years: ticket prices have remained relatively low.
In fact, Wolves tickets are the best value in the NBA, according to Forbes.
The Spurs, Pacers, Blazers and Grizzlies also are mentioned as great values, but none compare to the Wolves, according to Jesse Lawrence.
From the report:
"The top value buy in the NBA is the Timberwolves. They have surprised almost everyone with their early success in 2013-14, and currently fans can get Timberwolves tickets for only $73 per game, which is a whopping 47% below the league average. Rick Adelman's many years of coaching experience speaks volumes for the relatively young team. In the recent past, the injury bug has bitten Minnesota, but the team's luck could be changing this season. Ricky Rubio Kevin Martin, Kevin Love and the rest of the Timberwolves are ready to make the playoffs for the first time in a decade."
Ticket prices well below average combined with a highly competitive team yield a great value to consumers, relative to other NBA arenas. In part, that's explained by differing market sizes, Lawrence explained. But the team's lack of competitiveness for much of the past decade likely plays a role, too. One important note: this report uses TiqIQ.com, which concerns the secondary market for tickets.
Raising ticket prices through non-competitive seasons is a tough sell. If this run of success continues, expect demand to increase, at which point it makes sense that ticket prices would go up more in the offseason.
For now, Wolves fans certainly have a good thing going.
Thanks to Jon Krawczynski of the Associate Press (@APkrawczynski), who pointed out this report on Twitter.