More Videos
- Weis' Deal Likely Won't Change Big Money Contracts
- Time Lapse World Series Is A Great Play
- Boise State Stock Plan: An Early Success
- Dollar Signs Seen In Young "Buck" Jennings
- Iverson Wasn't A Popular "Answer"
- My Top 10 Marketing Ideas For Winless Nets
- Airlines Add 'Super Bowl' Tax
- Chicken Wing Finder Makes Debut
- Michelle Wie Wins, Now What?
- TV Series Inks Unique Deal For Fight
RSS FEED
MOST SHARED
- The 'Real' Jobless Rate: 17.5% Of Workers Are Unemployed
- Why Amazon Rules Retail
- Paul: Audit the Fed
- HP Comes in As Expected; Is It Time to Buy?
- JAL Slides to Record Low on Bankruptcy Jitters
- Prepare For Large Decline In Stocks, Next Year?
- The Social Media Gaming Threat
- Wave of Debt Payments Facing US Government
- Holiday Travel Outlook
- Gold Will Collapse Like Oil Did in 2008: Charts
- Can Murdoch Help Bing Challenge Google and Shift the Content Equation?
- HP's Mark Hurd
- HP Comes in As Expected; Is It Time to Buy?
- 9 Stocks That Play Rising Water Costs: Strategists
- Weis' Deal Likely Won't Change Big Money Contracts
- Gold Prices Can Double in 3 Years: Portfolio Manager
- Nov. 23: Unusual Volume Leaders
- Help Wanted—Please Run $4 Billion University
- Apple Comes to AT&T's Rescue
- Obama says Boosting US Jobs is Top Priority
- More Consumers Giving 'Black Friday' the Cold Shoulder
- Prepare For Large Decline In Stocks, Next Year?
- Hewlett-Packard Earnings Rise, Match Guidance
- HP Comes in As Expected; Is It Time to Buy?
- Cramer: What Monday’s Housing Number Really Means
- Why the Dollar Will Likely Stay Weak for Some Time
- Bear, Lehman Execs Weren't Wiped Out by Crisis: Study
- How Real Estate Investors Skew Housing's Reality
Sports Biz
Text Size 
Heading into next week the price of Final Four tickets on the secondary market were down by about $200 off their recent lows with the average all-session ticket going for $441 on StubHub.
Forget about that now.
 |
With the Michigan State Spartans beating Louisville on Sunday afternoon the only team that would give the ticket market a big bump is now playing in the Final Four in Detroit.
StubHub [EBAY
Loading...
()
] spokesman Sean Pate told me that the Spartans getting in should be worth at least a $50 increase in each ticket sold on the site.
Pate says that, thanks to the close proximity to their East Lansing campus, MSU fans will be willing to invest more in a ticket since many don't have to worry about booking a plane flight.
"I know there will be distractions, but in our state right now maybe we can salvage the whole thing," Spartans head coach Tom Izzo told Westwood One radio after the win.
The Final Four location and venue was looking like a disaster.
Not only was it in the heart of the economic meltdown -- thanks to the failing car companies -- but it also was put in Ford Field, the football stadium's capacity further creating a glut of tickets.
But now there could be some big financial winners from the Spartans making it to the Final Four.
One company is Primesport, which now might have a chance of selling out its suite tickets at $1,495 apiece.
The company is now grouping some suites by teams so that fans can cheer together, though the company said Sunday night that there will not be any more suites opened up to Spartans fans as compared to other teams.
Another big winner is Magic Johnson and the 1979 Spartans team.
Commemorative items related to the 30th anniversary of their championship were already in production, but with the Spartans now playing in the Final Four expect anything that was being made to be sold in greater quantities.
Questions? Comments?
Data is a real-time snapshot *Data is delayed at least 15 minutes