[jas3]

"Ruth"less price gouging at Yankee Stadium is incredible. The Babe must be spinning in his grave...

The Yankees are privately owned and can (and should) charge whatever the market will bear.

It's not like they force you to go to the games.

jas3

[unbiasedtruth]

You’re absolutely correct.

As long as people keep paying to see these games (baseball, football, basketball, concerts, etc.) owners will keep hiking the ticket prices.

I live in St. Louis and have gone to just one game at the new Busch Stadium. It cost $95 a seat on the lower level, first base side, way out in the outfield and way in the back. The only reason I bought the tickets is because by boss (and good friend) from Dallas wanted to go. That will probably be the only game I will ever go to.

But again, there are people that will pay that price and more to go to these games, and they’ll moan and groan about the prices, but keep paying them.

[Salgak]

And yet Baseball complains that fewer and fewer fans are out there. Connection ? In any market, there is an optimum pricing for optimum profit in the long run. I’d say that it’s gone FAR beyond that point, and will eventually self-correct.

At what price to Baseball. . .who knows. . .

[ShadowAce]

The Yankees are privately owned and can (and should) charge whatever the market will bear.

Yeah? Who paid for the stadium? If the Yankees paid for it 100%, then I agree with you. If the taxpayers chipped in, you're wrong.

[loungeSerf]

The Yankees are privately owned and can (and should) charge whatever the market will bear.
It's not like they force you to go to the games.

My understanding is that MLB is in effect a government sanctioned monopoly. I think that kind of distorts what the market will bear.