Chicago is abuzz with its first NFL draft set to begin Thursday night. For the first time in more than 50 years, the draft is being held outside of New York. Football analysts and hardcore fans will be glued to the draft for the next three nights.
But what are the effects of the draft on prices of tickets to the games?
Last year, ticket prices rose 2 percent the week after the draft, according to data from secondary ticket marketplace ScoreBig.com. As demand for tickets increased, so did the supply: 11 percent more tickets were up for sale, suggesting the draft served to excite fans or it simply was a reminder that football season was approaching.
ScoreBig.com collected data on ticket prices on May 7, 2014—the day before the three-day draft started—and on May 14.