The NBA has grown massively since the 1980s and 90s, the money that has come into the league has taken it to the next level. Players’ salaries, the price of merchandise, and, indeed, the prices of tickets have all skyrocketed.
Jack Nicholson was recently spotted in the arena to watch his beloved Los Angeles Lakers. And while seeing him was great for fans, it did bring up an interesting point about the pricing of his seats.
Ash shared by boardroom on Instagram that Jack Nicholson paid $3,500 for his front-row seats to watch the Lakers recently. This is a whopping $3,125 more than the $175 he paid for the same seats in 1991. The increase over 32 years is incredible, but this isn’t even the costliest seat, playoff prices for courtside seats get genuinely ridiculous in the modern NBA.
Someone like Jack Nicholson, they can afford to pay the money it takes to get the experience of watching an NBA playoff game right at the front. However, it is safe to say that while people could save up and maybe pay $175 in 1991, it would be extremely tough for a common man to fork out the $3,500+ necessary to have the same experience in the modern day.
The Lakers’ Average Ticket Price Went Up To $1,757 When LeBron James Was Closing In On The All-Time Scoring Record
Front-row seats and sitting courtside are a rare treat, so it is understandable if those prices skyrocket at times. But wildly, the average price of a ticket had gone up to $1,757 when LeBron James was about to break Kareem Abdul-Jabbar’s all-time scoring record.
Minimum Ticket Price: $424
Average Ticket Price: $1,757.81
“Averaging 30.2 points through 41 games this season, James is projected to break Abdul-Jabbar’s record at home against the Thunder—that is if he doesn’t miss Thursday’s game against the Pacers or Saturday’s matchup against the Pelicans. If he does surpass the points threshold Tuesday night, it will mean back-to-back solid outings on the road for James. Still, fans won’t want to gamble, with the average seat for the Lakers’ home tilt against the Thunder posted for a whopping $1,757.81.”
On the one hand, these raised prices go to show how much the NBA has evolved in recent years. On the other hand, there is some concern that the whole spectacle is becoming a little unattainable for normal people. In any case, it seems that ticket sales are making some serious money for franchises.
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