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Friday, Feb. 3, 2012

NBA average ticket prices increase

AP

CHICAGO — The NBA's average ticket price increased for the first time in three years, up 1.7 percent to $48.48, the Team Marketing Report said Wednesday in its annual survey.

New York Knicks' tickets cost more than double the league's average and five times as much as seats for the Memphis Grizzlies.

Knicks tickets averaged $117.47 after a 32.5 percent increase — and these figures don't even include premium seats.

The Los Angeles Lakers were second at $99.25 after a 4.2 percent hike, and Boston third at $68.55 while leaving its average flat. Chicago was fourth at $68.37 with a 3.3 percent increase, followed by the Miami Heat at $67 following a 10.7 percent jump.

Memphis has the lowest average at $22.95, just below Washington ($23.64). Thirteen teams cut their average, and seven were flat.



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