Quote:
Originally Posted by esquire
Tickets are expensive and they get more expensive every year... It's not rocket science.
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If ticket prices increase at a greater rate than the rate of economic growth in a same region/city it is an economic certainty demand for the product will
eventually decrease....and that is what is finally happening
In the first few years of the franchise, season ticket holders at the various price points were guaranteed an annual yearly rate of increase of 3% if they locked in for 3 - 5 year commitments. In more recent years, I believe that rate increased to 5% even with a multi-year commitment. Over at HFBoards Jets, I think it was discovered that the rates for some (possibly all?) the season tickets for this past season had increased by 7%. Add in the increases in concessions and beverages, increased rates with parking, the no re-admittance policy (people forced to spend more money at Bell MTS) and typical economic growth in Winnipeg/Manitoba hovering around 2% annually and you have the current situation as it stands.
There will be more non-sellouts this year..that is all but assured.