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Final Four Ticket Prices Are Plunging

Final Four Ticket Prices Are Plunging

(Bloomberg) -- $620.

That’s the average resale price for a ticket to the Final Four on Saturday in Minneapolis.

The figure may sound like a lot of money, but it’s actually a sign of waning interest in this year’s matchups. The average asking price has fallen more than $500 (47 percent) since Tuesday, according to aggregator TicketIQ. It’s now the second-cheapest ticket for the NCAA Tournament semifinals since at least 2011.

Final Four Ticket Prices Are Plunging

It’s not uncommon for prices to drop in the lead-up to Final Four games. But the tickets would have been a hotter commodity if more big-name teams like Duke had made it in, or if schools nearer to Minneapolis had qualified. Three of the teams -- Auburn, Texas Tech and Virginia -- are more than 1,000 miles away.

The semifinals kick off with Auburn versus Virginia at 6:09 p.m. Eastern, followed by Texas Tech versus Michigan State. The final, on Monday, is a separate ticket.

Previous Numbers of the Day

April 4: $362.6 million
April 3: 11x
April 2: $500
April 1: $37.8 million
March 29: $1,013,203
March 28: 11 percent
March 27: $300,000
March 26: 6.4
March 25: $225,000
March 22: $8.5 billion
March 21: $7.4 million

To contact the reporter on this story: Eben Novy-Williams in New York at enovywilliam@bloomberg.net

To contact the editors responsible for this story: Nick Turner at nturner7@bloomberg.net, Rob Golum

©2019 Bloomberg L.P.