![]() Sitting on a bench in front of Soldier Field, about to watch his beloved Bears play in person, money wasn’t exactly a big concern for Corey Metzger. Still, there are signs the solid spending won’t last: Credit card debt is rising and savings have declined as consumers, particularly low-income ones, have taken hits to their finances from the spike in inflation. The main engine behind the rise was the cost of tickets, with the average general ticket price increasing 3.6% to $35.93.ĭespite the jump in prices, Americans have largely kept up their spending, particularly on entertainment and other services like travel that they missed out on during the pandemic. “But with costs rising pretty much across the board after the turnstile, I think they have some decisions they need to make.”Īccording to Team Marketing Report, the average cost for a family of four to attend a 2022 Major League Baseball game was $256.41, an increase of $3.04 from the previous season. ![]() “What’s historically accurate for teams is that they tend to try to take less on the ticketing side because once somebody comes in they typically will make up for it once they are inside,” said Ron Li, a senior vice president at Navigate, a data-driven consulting firm in sports and entertainment. Given the industry’s reliance on disposable income, the inflation numbers are a troubling sign for sports business leaders.
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