According to a secondary market vendor, NFL ticket prices are scorching right now.
Prices have now topped pre-Covid levels says SeatGeek.
SeatGeek says NFL tickets on the secondary market are selling for more than they did before the pandemic began.
SeatGeek CEO Jack Groetzinger predicted the “next few years for live entertainment will be gangbuster years.”
Ticket prices averaged $307 immediately following the release of the NFL’s schedule on Thursday. Fans were particularly interested in marquee matchups. This includes star quarterback Patrick Mahomes of the Kansas City Chiefs taking on NFL legend Tom Brady of the Tampa Bay Buccaneers.
That price is down from an average of $411 out the gate last year, but it’s higher than the average of $305 in 2020, when games were restricted due to Covid
The average in 2019 was $258. Ticket prices usually fluctuate throughout the NFL season as demand changes.
Despite inflation being at a 40-year high, people want their NFL games. “I think people want high-end experiences, want to get out, and they’ve been pent-up for several years now,” Endeavor CEO Ari Emanuel said Friday on CNBC’s “Squawk Box.”
“People want to get out; they want to have experiences. They want to live life a little bit,” he added.
SeatGeek said the Chiefs versus Bucs in Week 4, which features Mahomes and Brady, is the top-selling game so far.
The legendary NFL quarterback Tom Brady appeared to retire this offseason before announcing in April that he planned.
The NFL kicks off its 18-week schedule with the Buffalo Bills visiting the Super Bowl champion Los Angeles Rams on Sept. 8 at SoFi Stadium. The game will air on the NBC network, whose parent company, NBCUniversal, also owns CNBC.
Disclaimer: We have no position in any of the companies mentioned and have not been compensated for this article.