CBOE Seats - Did You Look at Final Bids?

by The E-Man on Mar 12, 2009 12:29 PM CDT Comment 9 comments

Was wondering, (not that I would actually be in the market for them), if any of you happened to glance at the wrap of the CBOE Seat auctions? IF so, were the prices any more than the "Bullpen Box" seats, or other premium seating? To a high roller, $150 a seat is not much to be concerned over. But at $200, $275, etc., even a millionaire would think twice about spending that kind of cash for a baseball game. Also, I am curious how the depression has effected the auction prices compared to last year. I had received an email asking me to bid in the early afternoon - so my educated guess is that the bids were not going to be sky high this year. This morning I went to check the winning bids to see what happened, and a static page just stated, "The CBOE Auction Has Ended for 2009".

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Kinda old news

But according to cubs.com the auction from 2008 the range was

$197 to $400 per seat

So pretty much in your millionaire category.

Link

"Ask Dad. He'll know. And on the off chance he doesn't, he'll make something up"

by StevenABQ on Mar 12, 2009 12:42 PM CDT reply actions 0 recs

Well, yeah

But he’s asking about whether this year’s prices were equally high.

Fontenot (fon-te-no): Cajun for "scrappy"

by zambranofan on Mar 12, 2009 12:49 PM CDT up reply actions 0 recs

I'd venture a guess

That they are still in what “The E-Man” considers millionaire range. Thanks for the clairfication, this is what I get for half-assing a comment to a post, while in the midst of actual work. Just another reason I should only make serious comments when on my lunch hour.

"Ask Dad. He'll know. And on the off chance he doesn't, he'll make something up"

by StevenABQ on Mar 12, 2009 1:18 PM CDT up reply actions 0 recs

I'm Guessing

Most of the seats are bought by firms rather than individuals. I heard that all of the seats were bid on but the prices were down about 10%. The last time I looked the prices were between $215 and $250 per seat per game.

Bullpen box seats are $250 for the prime games and $230 for the next highest tier. So this seems to be the market price.

Dugout seats are $350 for the prime games and $325 for the next tier.

by Chodes on Mar 12, 2009 1:37 PM CDT reply actions 0 recs

That's still a lot...

… you’d think companies would be cutting back on this kind of expense, even down only 10% seems like they’re going pretty well.

"That's my opinion and if you don't like it, well, I have others." ~ Groucho Marx

by Al on Mar 12, 2009 3:09 PM CDT up reply actions 0 recs

interesting indicator

MLB told Gammons 20% but that is a mean or medium….however you want to figure. Cubs are on the short side of that number so 50% better is 10, 10 could be the concessions, 10% could be in the spot skybox, or the Cubs Club sales….

10% is about $26M when it is all said and done.

Piniella: "This is a tougher job than I thought it would be, I'm going to be honest with you."

by Ivy Walls on Mar 12, 2009 8:35 PM CDT up reply actions 0 recs

The first year they had those...

a couple of friends and I scored the entire front row @ $65/ticket… it was an awesome experience… it’s sad they’re selling for so much now. I saw that some choice games are going for over $1000/seat on some ticket broker sites. Unacceptable.

On a side note, we spent the entire game yelling at Sarge when he was at first base, asking if he had some dip (he had a GIANT can of chew in his back pocket), and I almost got kicked out for harassing some Japanese photographer… I just wanted to trade cameras with him for an inning… there’s no harm in that!

by lswaidz on Mar 12, 2009 8:32 PM CDT reply actions 0 recs

what recession?

"I like coconuts, you can break them open and they smell like ladies lying in the sun" Widespread Panic

by Cubbie-Tim on Mar 13, 2009 10:10 AM CDT reply actions 0 recs

Did you hear

that the seats that are front row behind home plate at new yankee stadium are $2500 face. And you must purchase 4 at a time. Nothing like taking in a ball game for ten grand. Ridiculous.

by JJDiesel21 on Mar 13, 2009 11:36 AM CDT reply actions 0 recs