Following the Ravens’ Super Bowl win, the team will increase ticket prices at M&T Bank Stadium, reports the Baltimore Sun. Season ticket holders will see an average price increase of 10%, plus a $5 parking rate increase.
UMBC sports economist Dennis Coates notes, “In the grand scheme of ticket price changes, I’m not sure that a 10 percent is particularly a big one. But it doesn’t make it any easier for the average fan to pay an extra 10 percent. We’re still in a relatively sluggish economy and there are a lot of people whose income hasn’t changed a whole lot.” However, Coates suggests, compared with 20-30% ticket price increases that some franchises have tried, particularly after building new stadiums, the 10% raise is more modest, and fans might be more willing to accept it following the Super Bowl victory.
