Emily ([info]emilyleatrice) wrote,
@ 2009-11-05 23:23:00
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Current mood: happy
Current music:none

TICKET 1 OF 2: ARRIVED.



TICKET 2 OF 2: SHIPPED.

THIS IS REALLY HAPPENING!!!
 
Also, congrats to the Yankees on winning the World Series.  Although I partially rolled my eyes when they won solely because they have won way too many titles and it is kind of unfair to all the other teams (the team in second place with World Series titles is the Cardinals... with nine), I was raised in my early years here by Pop-Pop to be faithful to the Bombers, and that I shall remain.  Any sports team is more or less a business, anyway.  If we have the best team because Steinbrenner can pay them exorbitant amounts of money, then so be it, I guess.

I went with Kevin to Modell's at 1:30 a.m. last night so he could spend $25 on an "official" Yankee cotton tee shirt.  It was open all night and the line wrapped around the entire store, it was pretty cool, though I was definitely at zombie status under all those fluorescent lights.

Either way, my Arctic Monkeys tickets are here.  So nothing else really matters anymore.  :D

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[info]ledflyd
2009-11-06 03:06 pm UTC (link)
I'm curious if there's a number of titles you think that the yankees could have won, still have the record and it be deemed fair?


And, for what its worth, I'm a little dubious about the claims that the yankees payroll is what led them to victory. Afterall, having the largest payroll hasn't lead them to world series victories for the last 8 years. The Red Sox, I believe, have the second highest payroll, and while they've had a really good decade of baseball, they lost to lower paid teams this year.

Baseball is, in fact, a business. And, despite having the most expensive payroll, the yanks are still very profitable. Could the yankees scrimp a little and still have a winning team? Yes, I think so. But would as many fans pack the stadiums? I'm not so sure.

The expensive price tag is probably acting as a signal for fans to attend games.


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[info]emilyleatrice
2009-11-06 03:36 pm UTC (link)
Oh Zachary, you make an excellent point re: payroll. As for the expensive price tag, a seat behind home plate was something like $10k. Who on earth would pay that type of money for a baseball game?!

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[info]ledflyd
2009-11-06 04:04 pm UTC (link)
someone a lot richer than me!

Though, I think this says some larger point about the economics of baseball. There is certainly a price discrimination in seat selling, but I see this as a good thing. If I have $100 tickets, would knowing someone paid $10k decrease my enjoyment of the game? Not really.

Now lets say the price of every seat was fixed at $100. Demand for tickets would skyrocket (especially for tickets behind home plate) and we would be faced with ticket shortfalls. Getting tickets would be a lot harder and really rich baseball fans who can afford $10k tickets would not get those great seats (which would, presumably affect their enjoyment of the game).

I think you'd have a situation that was even less fair, where some lucky fan would pay the same for a seat behind home plate as I do for the noise-bleeds. This would piss me off if I was stuck in the stratosphere.

Meanwhile, the yankees would be making less money off of people (suckers?) who are paying what I make in 5 months on one night of baseball. Because the baseball teams need to stay profitable, they would either have to raise prices for all the seats (which would suck for us poor guys) or cut services if ticket prices are capped, by offering fewer services (which would decrease game enjoyment).

I don't understand the utility someone gets from sitting behind homeplate either, but it does make the game more enjoyable and cheaper for everyone else. (The same can be said about those annoying advertisements all over the field, which is where the big bucks are coming in from).

So price discrimination may seem unfair, but the alternative is certainly worse. The situation I describe above is generally how markets "react" to price caps and more stringent forms of regulation.

If you've ever taken the NYC subway during rush hour (or on your way to a yankee game) you've experienced this truth for yourself.

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