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: Sports BizYankee Fans Find Away Games Cheaper and Easier Than New Yankee Stadium

It takes Yankee fans about an hour to get to the Bronx from some suburban New York locations and once there it can cost up to $1,500 from ground level seats. It takes about 5 hours to drive to Baltimore for a Yankees-Orioles game and ground level seats in Camden Yards go for about $70 a ticket. Throw in a hotel room at $150 a night and dinner for two people at $75 and the two day short vacation taking in a two day Yankee-Oriole set in Baltimore can run about $5oo counting gas and miscellaneous expenses. All in all, about $500-$1000 cheaper than ground level seats at Yankee Stadium for one game. If you don't think that is going to be a long term problem for the Yankees and an opportunity for the Orioles than you just haven't been paying attention to baseball economics in the year of the Great Recession.
During the May 7-9 Yankee-Oriole homestand, the Radisson Lord Baltimore hotel saw a 40% spike in attendance to near capacity. There is no doubt in the minds of the hotel's management nor that of the Orioles that the increase in crowds at the hotel and the stadium was due to an influx of Yankee fans. And that influx was fueled by the affordability of Orioles games, especially when compared to the cost of new Yankee Stadium. According to Team Marketing Report, the average cost for a family of four to attend an Orioles game this season is $163.68, while the average cost for a game at Yankee Stadium is $410.88.
Full post as published by Sports Biz on May 21, 2009 (boomark / email).
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