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Are NBA season tickets a good investment? This is a question that a lot of people nowadays ask. As a result, we’ve written this article to assist you. In reality, owning and selling “season tickets” has many experiences. First, think about how you’d utilize a season ticket if you had one, and see if there are any alternative options for accomplishing the same goal.
If having season tickets means attending 5-10 games during the regular season and a few more playoff games, season tickets may be overkill for you. Selling in the secondary market is also a better option. Season tickets might be a wise investment if you anticipate attending more than half of the regular season games and any playoff games or if the resale market for your team is notoriously high.
Season ticket ownership is a major financial decision that is influenced by a variety of factors. As a result, be sure you collect input from various people.
Are NBA Season Tickets a Good Investment?
Every die-hard fan’s ambition is to own a set of season tickets. Let’s look at the major factors to see whether NBA season tickets are a smart purchase by asking the following questions.
Question 1: How many games do I think I’ll be able to attend?
If you/your group intend to attend 50% or more of the games, season tickets are a better investment. The fewer games you attend, the more time and money you’ll spend on selling fees to attempt to sell tickets.
Question 2: How unpleasant would it be to resale tickets?
It’s a frustrating and time-consuming procedure to figure out how to price and reprice your tickets properly. Most ticket holders have a hectic schedule, and selling tickets is something they don’t have time to do.
The challenge with selling tickets is that you have to walk a tight line between attempting to achieve the best price while not risking the seats leaving unsold. By the way, that line is invisible, so good luck. It applies to both hot and cold teams; the only difference is the labor and frustration involved.
Question 3: How much do season tickets cost?
Let’s talk about season ticket prices now since each club has its philosophy. Season tickets for certain teams are highly expensive. It could be because they’re coming off lots of years of deep playoff runs, they’ve moved into a new sports arena, or they don’t want to risk losing any money.
On the other hand, other clubs are more fan-friendly, ensuring that ticket holders rarely pay more than the resale value of the tickets. It’s critical to understand where your team falls on this spectrum.
Let’s talk about the resale market for your club now. In general, there are two scenarios.
Tender resale market: Tickets are always lower than season tickets for good and terrible years. Maybe other teams/sports in the area are more enticing. Maybe the owner has lost touch with the fan base.
Maybe there have been major injuries; maybe there have been numerous recent losing seasons, and so on. Unfortunately, even large winning seasons for certain teams rarely budge the resale needle. Season tickets for certain teams are less appealing, particularly if the team asks a high price for them.
Solid resale market: You can bet it will take off either now or when the tide shifts. Certain markets take off like wildfire, with the Lakers being one of them. It may be more cost-effective to purchase season tickets when demand is low, which is rare when a waitlist is not in force.
If you don’t attend many games and your team’s tickets are normally reasonably priced on the resale market, purchasing off the resale market may be the better alternative. When comparing prices, remember that most resale marketplaces charge 15-30% buying fees.
Question 4: How Important Are Season Ticket Bonuses to You?
Whether you believe it or not, the extra benefits that come with your season tickets vary greatly. For many people, the Oakland Athletics stand out positively, fifty percent off concessions, 25% off merchandise, and the ability to attend any game for free in the general admission areas.
Entering a game for free is huge if you have a partial season ticket plan. With that and 50% off concessions, it’s easy to see how this is a wonderful night out! Other cons include the ability to participate in presales for extra tickets for both the regular season and the playoffs, with often low or no purchase costs.
Be careful that certain clubs restrict the quantity of presale inventory available or charge such exorbitant prices for tickets that you may almost completely disregard the advantage.
Question 5: Can I afford these seats with my current cash flow?
Every year, the first thing you will do is make payments. Most clubs offer season ticket payment plans, with conditions that vary greatly from team to team.
This becomes an event where they must plan their finances for most people. It’s not enjoyable when a large payment is due in March or April. It’s difficult enough to figure out how to pay your income and property taxes. As a result, if you possess numerous season tickets, adding a large regular season payment and likely a large playoff payment creates the ideal storm.
On the less friendly side, it’s been broken down into just three payouts, with the final payment due before the season begins. This is particularly difficult in sports like Major League Baseball, when you’re paying for a game that’s eight months away and the installments fall around tax season.
We’ve seen 12 monthly payments on the more favorable side. This means you’ll be paying for your tickets monthly throughout the season. As a result, you’re not putting as much money upfront, and your payments are smaller. The only disadvantage to this situation is that you may not sell or transfer tickets via the team account until the game’s invoice has been paid. However, nine times out of 10, we’d choose a 12-month payment plan.
You’ll have to pay another set of fees for playoff rights. Some clubs ask for a single complete upfront payment for the whole playoffs a few weeks before the start of the tournament.
Because the championship rounds often have a significantly greater face value, this may represent a significant sum of money. Thankfully, more clubs are beginning to charge you on a round-by-round basis, which is far more convenient for season ticket holders.
Question 6: Which chairs will increase my resale value the most?
Most season ticket holders must resell a considerable number of tickets, either to cover the cost of their package or because they are unable to attend every game. In terms of margins, each venue has its sweet spot.
Choosing one part of the arena over another is the difference between profit and buyer’s regret. Your resale margin is also determined by the number of tickets you purchase. Two seats have the smallest margin, but three seats have a significantly larger gap. Make an informed decision!
NBA Season Tickets Investment: Tips & Tricks
In addition to the points mentioned above, the following Tips & Tricks will greatly assist you.
Always put your name on the Wait List.
It’s usually a tiny amount, so there’s little danger, yet the benefits might be enormous. Lakers fans on the waiting list who heard their names called just before LeBron came are a perfect example.
If you’re not playing many games, find Seat Partners – or be a Seat Partner!
Seat Partners can share the upfront payments, saving the main season ticket holder the time and expense of reselling tickets. To minimize confusion, specify if your partners will have playoff rights upfront. Playoffs are usually included; however, this might vary depending on whether they contribute to seat licenses or other specific reasons.
Frequently Asked Questions
Are NBA season tickets a good investment?
Yes. Using the tips highlighted above, NBA season tickets can be a good investment.
Which NBA teams have the least expensive home games?
The following NBA clubs have the cheapest home games:
- Cleveland Cavaliers- $42.00
- Indiana Pacers – $50.00
- Dallas Mavericks $54.00
- Memphis Grizzlies – $56.00
What are the prices of NBA tickets?
For prime seats, expect to spend approximately $10,000. (though not courtside or anything). You could get nosebleed tickets for about $2,000 if you shop around. Many individuals also split their season tickets with a handful of buddies.
How much money does the NBA bring in?
Television, merchandise, sponsorships, and ticket sales are the primary sources of revenue for the NBA. In the 2020-21 seasons, the NBA’s 30 teams had an average valuation of $2.12 billion each. The NBA earned $8.76 billion in revenue during the 2020-21 seasons.
Conclusion
In conclusion, the NBA season provides an excellent income opportunity for many fans. And if you need more help, the above highlight is NBA season tickets; a good investment will aid you immensely.
I am Lavinia by name, and a financial expert with a degree in finance from the University of Chicago. In my blog, I help people to educate by making wise choices regarding personal investment, basic banking, credit and debit card, business education, real estate, insurance, expenditures, etc.
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FAQs
Generally, season tickets have good resale value, which means it's a potential investment when you own one and sell it after some time. Like other assets, season tickets can grow their value over time, and you can use them by owning one and selling it once its value increases.
Are NBA season tickets a good investment? ›
Generally, season tickets have good resale value, which means it's a potential investment when you own one and sell it after some time. Like other assets, season tickets can grow their value over time, and you can use them by owning one and selling it once its value increases.
What are the benefits of being a season ticket holder NBA? ›
Courtside:
- Additional Benefits: CLUB. ULTIMATE. COURTSIDE.
- Personalized Concierge Service:
- Premium VIP entrance:
- Access to the exclusive Fields Ultimate Lounge:
- VIP parking in Geico Garage:
- Access to the exclusive Chase Club Level:
- First chance to purchase your seat for other Amway Center Events:
- Valet Parking*:
Sports. In sports, such as association football or American football, a season ticket grants the holder access to all regular-season home games for one season without additional charges. The ticket usually offers a discounted price over purchasing a ticket for each of the home games for a season individually.
What percentage of tickets are season tickets NBA? ›
From this total, I calculated percent of season tickets by using best available data and/or estimates of each league's season ticket holder percentage: NFL, 75%; NBA, 70%; NHL, 60%; MLS, 55%; MLB, 40%.
How much does it cost to be a NBA season ticket holder? ›
While the season ticket prices change every season, the NBA is known for its high prices – and for the 2022/23 season, the Golden State Warriors continue to be the most expensive team to back! Season tickets for the NBA can range from just $1,200 for upper level seats to a giant $90,000 for courtside seats.
Do season ticket holders get better seats? ›
Seats are made available to season ticket holders before they're offered to the general public. These seats are also often a better deal, with some marked down as much as 40%. Also, single ticket prices can increase for popular shows, so season tickets are an even better deal.
Which NBA team sells the most season tickets? ›
The New York Knicks have dethroned the Los Angeles Lakers as the most in-demand National Basketball Association (NBA) team in terms of StubHub sales, the ticket platform has revealed ahead of the 2022/23 season. The Lakers have sold the most tickets on the platform for the past five seasons.
How many season ticket holders are there in the NBA? ›
The number of full-season tickets sold by NBA teams continues to reach new heights, with the league projecting a record 295,000 being sold for the coming season. That sum would surpass last year's record total of 285,000 and continue a run seen by the league in recent seasons.
Can I sell my NBA season tickets on StubHub? ›
You can list tickets on StubHub from a season ticketholder account for select teams.
Usually, teams get 80 percent of their fan revenue from 20 percent of their season ticket accounts, said Nels Popp, a University of North Carolina professor of sport administration who specialized in ticket sales.
Are NBA tickets hard to get? ›
Tickets to attend the N.B.A. and N.F.L. drafts are fairly plentiful, and not all that difficult to find.
Are season tickets a write off? ›
With the ratification of the 2018 Tax Cuts and Jobs Act (TCJA), aka the Trump Tax Plan, you can no longer deduct entertainment expenses. The ticket cost is no longer deductible if you like to entertain at sporting events or treat your clients to a Broadway show.
Do I need to tap out with season ticket? ›
You must tap out when leaving the station so that it can be verified that you did not travel. Can a Flexi Season ticket be used on replacement bus services? Yes, you will need to activate your Flexi Season ticket by touching it on the yellow smartcard reader before boarding the replacement bus service.
What is difference between season ticket and normal ticket? ›
Meaning of season ticket in English. a ticket that can be used many times within a limited period and is cheaper than paying separately for each use: I have a season ticket for all the home games.
What team has the most season ticket holders? ›
Since their inception in 1884, the Los Angeles Dodgers have been one of baseball's most popular teams.
Why are season ticket sales declining? ›
This year, the average number of seats at MLB games was 26,843. As a result of the ongoing Coronavirus pandemic, capacity restrictions and slow sales hampered teams' sales last season. Major League Baseball expects to sell out 18,900 seats for the 2021 season. The average attendance was recorded between 2009 and 2021.
Do NBA ticket prices drop closer to game? ›
Tickets for away and home games are generally priced higher when tickets first go on sale, and the NBA schedule is announced. They typically decrease in value as game day approaches and are cheapest within 72 hours of the game.
How much is a 12 month NBA subscription? ›
How much does NBA LEAGUE PASS cost?
| Features | NBA LEAGUE PASS PREMIUM + NBA TV | NBA LEAGUE PASS + NBA TV |
|---|
| Price | $129.99/yr. or $19.99/mo. | $99.99/yr. or $14.99/mo. |
| Guaranteed playoffs and Finals access | Yes | Yes |
| Stream 30+ years of basketball | Yes | Yes |
| Commercial-free | Yes | No |
5 more rowsHow much does a NBA Playoff suite or club seat cost?
| Event Type | Average Cost |
|---|
| NFL Suites | $15,000 - $35,000 |
| NHL & NBA Suites | $4,000 - $8,000 |
| MLB Suites | $3,000 - $6,000 |
| Concert Suites | $5,000 - $15,000 |
Los Angeles Clippers at Los Angeles Lakers, October 20
Here's another matchup at the Lakers' Crypto.com Arena on October 20 that is in high demand as they take on their rivals, the Clippers. The most expensive seat in the house costs $26,330 as fans look forward to catching LeBron James take on Kawhi Leonard.
Can you sit in first class with a season ticket? ›
Season tickets to children are issued at half of the adult season ticket fare. Quarterly Season tickets are charged at 2.7 times of the normal adult/child MST fare. Season tickets are issued for First and Second classes only and these tickets are valid in the class for which they are issued.
Do seat upgrades get cheaper? ›
If the flight stays empty, upgrades get cheaper. If flight is full, upgrades get more expensive.
How can I get better seats without paying extra? ›
Go to the gate desk and ask if there's an emergency or bulkhead seat available. Worst case scenario, they say no and you stay in your current seat, but often they'll just give you a better seat without your having to pay anything extra.
Which NBA team sells least tickets? ›
Brooklyn Nets Have Sold Less Season Tickets Than Any Other Team In The NBA. Brooklyn Nets have sold the least amount of season ticket for 2022-23 after the team hiked ticket prices considerably after last season.
What is the loudest crowd in the NBA? ›
Kings faithful combined to set a new world record loudest crowd roar at an indoor sports stadium, reaching 126.0 dB between the third and fourth quarters. The mark remains the highest ever recorded in an NBA arena.
What NBA franchise has the best fans? ›
Golden State Warriors
According to our index, the Golden State Warriors officially have the most loyal NBA fans – by quite some way - with a total supporter score of 4.842 out of 5, even with the team sitting some way short of expectation in the Western Conference.
How much does it cost to be a Lakers season ticket holder? ›
With a decadeslong wait-list and costing more than $100,000 a season per seat, the 124 courtside tickets are the most revered and coveted.
Do NBA season tickets count for playoffs? ›
Typically, no. You get first right of refusal for your seats for playoff games. However, there are some minor league teams that will include the first X number of playoff games for free as a way to entice you to buy season tickets. In the NHL, NFL, NBA, MLB there are also revenue sharing rules within the league.
How many tickets do NBA players get to give out? ›
Complimentary tickets for NBA players
According to the NBA collective bargaining agreement, teams can give their players, coaches, and support staff up to four tickets for home games and two tickets for road games. All of the teams reserve these tickets, which means about 100 tickets for each game are not for sale.
StubHub is a marketplace where fans buy from and sell tickets to one another. This means sellers set the ticket prices. They may sell them for more or less than face value.
How much does StubHub keep when you sell tickets? ›
It is free to list tickets for sale, and to search for tickets to buy on StubHub. On each completed transaction, the buyer pays a 10% fee, and a 15% fee is deducted from the seller's payment. For example, on the sale of a $100 ticket, the buyer would pay $110. The seller would net $85.
Why won't Ticketmaster let me sell my tickets? ›
If you don't have the resale option available on your order, it might also be because the event is taking place soon. Generally, you can put up tickets for resale up until four business days before the event. Resale tickets are typically offered for sale up until three business days before the event.
What team sells the most tickets? ›
Dallas Cowboys. The Dallas Cowboys are the most in demand team in the NFL based on ticket sales for the upcoming season, according to StubHub's 2022 NFL Preview released last week. Dallas beat out the Tampa Bay Buccaneers, Green Bay Packers, Las Vegas Raiders and Los Angeles Rams for the top spot.
How much does the average NBA team make in ticket sales? ›
While revenue varies greatly depending on individual markets, sources estimate that the average ticket revenue per game ranges between $1 million and $2.5 million, though big-market teams such as the Golden State Warriors, Los Angeles Lakers and New York Knicks are outliers with between $3 million and $4 million in per ...
How much are Blue Jay tickets behind home plate? ›
The cheapest option is the 500 Level, where any ticket costs $14 for Premium games and $11 for Regular games. The sections in the 500 Level behind home plate, 522, 523, 524a, 525 and 526 are usually the most densely populated.
What is the most reliable website to buy NBA tickets? ›
NBATickets.com – NBATickets.com: The Official Source of Authentic NBA Basketball Tickets. To allow the NBA to provide local ticket options click here .
Do NBA players get tickets to every game? ›
In the league's collective bargaining agreement, teams are allowed to give their players up to four tickets to every home game and two tickets to every away game. Coaches and support staff get tickets too.
What is the best section to get at an NBA? ›
The best seats at an NBA game are generally considered courtside or club-level seats. This is mainly because of the incredible views and immaculate service you'll no doubt receive.
What expenses are a write-off? ›
A write-off primarily refers to a business accounting expense reported to account for unreceived payments or losses on assets. Three common scenarios requiring a business write-off include unpaid bank loans, unpaid receivables, and losses on stored inventory.
A tax write-off — also known as a tax deduction — is an expense you can subtract from your taxable income. With a lower taxable income, you'll end up paying less in taxes. That's why tax deductions are such a powerful financial tool for self-employed people, whose tax bills can be uncomfortably high without them.
Are tires a write-off? ›
Actual Car or Vehicle Expenses You Can Deduct
Qualified expenses for this purpose include gasoline, oil, tires, repairs, insurance, tolls, parking, garage fees, registration fees, lease payments, and depreciation licenses. Report these expenses accurately to avoid an IRS tax audit.
What is the point of buying season tickets? ›
Sports. In sports, such as association football or American football, a season ticket grants the holder access to all regular-season home games for one season without additional charges. The ticket usually offers a discounted price over purchasing a ticket for each of the home games for a season individually.
Can you make money holding season tickets? ›
Actually, season tickets are easy to sell, making these types of assets worth investing in to earn more money over time. In general, investments such as owning season tickets are easy to grow your money since it's easy to sell, and you'll find buyers coming for you every time you try to sell them.
Is it cheaper to tap or buy a ticket? ›
You can add money to an Oyster card or use contactless (card or device) straight away. You only pay for the journeys you make and it's cheaper than buying a paper single or return ticket (train companies may offer special deals on some journeys).
How do NBA season tickets work? ›
When you buy NBA season tickets you pay a set price per seat, which averages out equally over the course of the home games of the season. For example, if you buy a package for seats that are $800, over 44 games (our number of home games, including preseason) you're paying $18.18 per seat, per game.
Do NBA ticket prices drop closer to game time? ›
The week before the game is usually when the price of NBA tickets starts to decline. If you're willing to wait until the last few hours before the game, you might be surprised by the great deals that are available.
Does NBA League Pass price go down during season? ›
The standard package — once costing $230 — will drop down to just $100. The premium package, which included NBATV and a commercial-free setting, among other features, had a $280 price tag; this will be down to $130 for the 2022-23 NBA season.
Do NBA tickets get cheaper as the game gets closer? ›
In fact, if you are looking for NBA tickets on the same day of the game, sometimes buying online gets you the better deal. Many online ticket brokers will reduce the price of tickets the closer it gets to game time. This is due to the fact that they don't want to have to eat the ticket and get nothing out of it.
Do tickets get cheaper or more expensive closer to the date? ›
Specifically, plane tickets usually don't get cheaper closer to the departure date. Instead, flights tend to be the most inexpensive when you book between four months and three weeks before your departure date.
The Best Day to Travel for Cheap Flights
That means flying on off-peak days: Tuesdays, Wednesdays, and Saturdays are often much cheaper days to fly. Shifting your departure and return dates by just a day or two can save you hundreds of dollars.
Why are tickets cheaper on Tuesday? ›
One of the reasons that Tuesday is the cheapest weekday to buy flights is that major airlines release their seats on different days and at different times of the year. This means you may find a better deal booking flights for a specific time or month.
What are the cons of NBA League Pass? ›
Of course, there are some drawbacks to NBA League Pass too. Nationally blacked-out games aren't available until three hours after the game ends, and locally blacked-out games aren't available until three days after the broadcast.
Is NBA League Pass free with Amazon Prime? ›
You do not need to have a cable subscription to subscribe to NBA League Pass with Prime Video Channels. A subscription to NBA League pass will give you access to watch regular-season games on any Prime Video supported device, as long as the games are not unavailable due to being nationally or locally broadcast.
How to sell Lakers season tickets? ›
Selling Your Tickets
- Click on the desired game, click Sell, select all the seats in your seat block, and click Set Price. ...
- Set your asking price and click Payout Method.
- Complete your Seller Profile, choose your Payout Method, and click Sell Tickets to post your listing.
Is SeatGeek reliable? Yes, SeatGeek is reliable. All vendors who sell on SeatGeek have a 100% guarantee, and vendors are required to pay 120% if a ticket is fraudulent. How long does it take to receive tickets from SeatGeek?
Who has the cheapest NBA tickets? ›
Which NBA Teams Offer the Most Affordable Home Games?
| Rank | Team | Median Resale Ticket Price |
|---|
| 1 | Cleveland Cavaliers | $42.00 |
| 2 | Indiana Pacers | $55.00 |
| 3 | Dallas Mavericks | $52.00 |
| 4 | Memphis Grizzlies | $55.00 |
27 more rowsSling TV is one of the most affordable streaming services on the market and one of the cheapest ways to watch primetime NBA games.
