Unbelievable ticket prices for basketball

#52
#52
I think there is some confusion about all of this. UT has outsourced its ticket sales to Ticketmaster. So, there isn’t a UT ticket office anymore.

However, there is dynamic pricing and prices will change based on circumstances. With a high level program, you can expect higher prices, especially closer to the event.

This year, I couldn’t get 4 football tickets for UF or Bama when single game tickets were released. I did get 4 uppers for Mizzou for $45 each. So, it was very affordable for my family.
 
#55
#55
Reminder that if you bought season tickets, $500 for good seats in upper deck, you would be paying on average $30 per game. This is the cost of being good, if you want to attend football games next year I would also consider buying season tickets, shocker but if they’re good then ticket costs once again will be high.
When can you view season ticket packages for 2023 vols football
 
#56
#56
Tickets-Is-Too-Damn-High.jpg
 
#58
#58
OrngeJuiceJones is right, Ticketmaster is a grift. In my opinion, if anyone is not upset about what Ticketmaster does, it's because they haven't taken the time to learn about "Dynamic Pricing." Ticketmaster puts all event tickets up for sale at the original face values set by the venue or event. Their dynamic pricing system then raises the prices of the tickets as demand increases. So, as scalper bots buy all the tickets in bulk, the price for the unsold original "face value" tickets increases. The scalpers then immediately place those very same tickets for sale back on Ticketmaster at a substantial markup, thus driving the price of the original "face value" tickets even higher.

One especially insulting aspect of dynamic pricing is the reason Ticketmaster gives for the system. Ticketmaster claims that it uses dynamic pricing to combat scalping. By raising the price of the original ticket as the scalpers buy more, the theory is that the scalpers will buy less as the price increases.

If Ticketmaster really wanted to combat scalpers, they could cap the resale value of tickets, or better yet, how about not letting scalpers resell tickets on the Ticketmaster website!?!

The University of Tennessee is not innocent in any of this either. The only reason they have started using Ticketmaster is because it makes them more money. Tennessee could set parameters for the sale of tickets. They could cap the price and they could cap the resale value. This is not my opinion or assumption - I have read that all these parameters can be stipulated in the contract with Ticketmaster.

I read about this a lot after I paid $1,400 for Music City Bowl tickets last year. Tennessee is making money, the scalpers are making money, and Ticketmaster is making the most money. All the while, we are the ones getting taken advantage of.

P.S. Don't even get me started on Ticketmaster's fees!
 
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#59
#59
OrngeJuiceJones is right, Ticketmaster is a grift. In my opinion, if anyone is not upset about what Ticketmaster does, it's because they haven't taken the time to learn about "Dynamic Pricing." Ticketmaster puts all event tickets up for sale at the original face values set by the venue or event. Their dynamic pricing system then raises the prices of the tickets as demand increases. So, as scalper bots buy all the tickets in bulk, the price for the unsold original "face value" tickets increases. The scalpers then immediately place those very same tickets for sale back on Ticketmaster at a substantial markup, thus driving the price of the original "face value" tickets even higher.

One especially insulting aspect of dynamic pricing is the reason Ticketmaster gives for the system. Ticketmaster claims that it uses dynamic pricing to combat scalping. By raising the price of the original ticket as the scalpers buy more, the theory is that the scalpers will buy less as the price increases.

If Ticketmaster really wanted to combat scalpers, they could cap the resale value of tickets, or better yet, how about not letting scalpers resell tickets on the Ticketmaster website!?!

The University of Tennessee is not innocent in any of this either. The only reason they have started using Ticketmaster is because it makes them more money. Tennessee could set parameters for the sale of tickets. They could cap the price and they could cap the resale value. This is not my opinion or assumption - I have read that all these parameters can be stipulated in the contract with Ticketmaster.

I read about this a lot after I paid $1,400 for Music City Bowl tickets last year. Tennessee is making money, the scalpers are making money, and Ticketmaster is making the most money. All the while, we are the ones getting taken advantage of.

P.S. Don't even get me started on Ticketmaster's fees!
This^ perfectly written. Thank you.
 
#60
#60
Looking at the top level programs around the country, that’s consistent with the pricing. I agree that it is expensive and I would prefer just to watch from home these days, but in this economy everything is inflated, including entertainment.
 
#61
#61
OrngeJuiceJones is right, Ticketmaster is a grift. In my opinion, if anyone is not upset about what Ticketmaster does, it's because they haven't taken the time to learn about "Dynamic Pricing." Ticketmaster puts all event tickets up for sale at the original face values set by the venue or event. Their dynamic pricing system then raises the prices of the tickets as demand increases. So, as scalper bots buy all the tickets in bulk, the price for the unsold original "face value" tickets increases. The scalpers then immediately place those very same tickets for sale back on Ticketmaster at a substantial markup, thus driving the price of the original "face value" tickets even higher.

One especially insulting aspect of dynamic pricing is the reason Ticketmaster gives for the system. Ticketmaster claims that it uses dynamic pricing to combat scalping. By raising the price of the original ticket as the scalpers buy more, the theory is that the scalpers will buy less as the price increases.

If Ticketmaster really wanted to combat scalpers, they could cap the resale value of tickets, or better yet, how about not letting scalpers resell tickets on the Ticketmaster website!?!

The University of Tennessee is not innocent in any of this either. The only reason they have started using Ticketmaster is because it makes them more money. Tennessee could set parameters for the sale of tickets. They could cap the price and they could cap the resale value. This is not my opinion or assumption - I have read that all these parameters can be stipulated in the contract with Ticketmaster.

I read about this a lot after I paid $1,400 for Music City Bowl tickets last year. Tennessee is making money, the scalpers are making money, and Ticketmaster is making the most money. All the while, we are the ones getting taken advantage of.

P.S. Don't even get me started on Ticketmaster's fees!
My biggest issue is the selling tickets out from under you, while they’re in the queue. Once I commit to tickets they shouldn’t be allowed to sell to someone else who’s a quicker typist than me. For the Orange Bowl I had 5 lined up in my cart at $109/each + fees and was filling in my information. When I got to the point of submitting payment it said sorry those tickets are no longer available. I took me back to the “home screen” and I could no longer get 5 together and prices in the same section had jumped to $142/each + fees. Wound up buying 3 and 2 for damn near $200 more in total, once you factor in the taxes & fees.
 
#62
#62
My biggest issue is the selling tickets out from under you, while they’re in the queue. Once I commit to tickets they shouldn’t be allowed to sell to someone else who’s a quicker typist than me. For the Orange Bowl I had 5 lined up in my cart at $109/each + fees and was filling in my information. When I got to the point of submitting payment it said sorry those tickets are no longer available. I took me back to the “home screen” and I could no longer get 5 together and prices in the same section had jumped to $142/each + fees. Wound up buying 3 and 2 for damn near $200 more in total, once you factor in the taxes & fees.
Ticketmaster did that to me for a home football game as well.
 
#63
#63
If it makes you feel better, I paid $180/ticket for the Vanderbilt football game, and that was from the university website.
 
#67
#67
It’s not a kickback per se. It’s the outlet UT uses. They’ve outsourced ticket sales to Ticketmaster.
I'm thinking that all involved parties are getting a cut in the profits. Call me a conspiracist.
 
#68
#68
TN added VividSeats 2 or 3 years ago as their “official” reseller. That way they were able to take a cut in the aftermarket ticket sales. I think a total of 10% of the transaction went into the bucket shared by Vivid and the UTAD.

I would assume that they moved it to Ticketmaster because VividSeats was a train wreck as far as customer support and technology. They are probably collecting much more than a portion of 10%.

Somebody is going to collect a premium when demand is high. I’d rather it be UT than scalpers. The dynamic pricing basically shifts the premiums to UT. As long as they aren’t holding back supply to create an artificial supply/demand imbalance I’m not seeing a problem. Hopefully dot gov is looking into that kind of stuff as part of the Taylor Swift investigation.
 
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