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Wednesday, April 7, 2010

The Chicago Cubs Outrageous Ticket Price Situation

A few months ago, I compiled a chart comparing Cubs payroll and revenue to that of the MLB as a whole. I've reprinted the chart below (click to enlarge):



Since 2001, Cubs ticket prices have increased an average of 17.35% per season. The MLB average is 7.07%. That is a 245% difference; hefty inflation for a team which has not won a world series in over 100 seasons of play. Click here to see the the costs of beer, soft drinks, hot dogs, etc. by park for 2009. The 2009 report by Team Marketing, who has been tracking this data for almost a decade now, indicates that "a night at Wrigley field" tends to be the third most expensive in all of baseball, behind the Yankees and Red Sox. The margins in cost between the Cubs and Mets, the fourth most expensive team to watch at home, is quite significant too (almost twice as much as the difference between the Red Sox and Cubs).

All this considered, maybe the following news is not so shocking; I still find it so. According to ESPN and Team Marketing's 2010 data, The Chicago Cubs have the most expensive non-premium seat prices, on average, in all of baseball. According to the report,
The Cubs' average ticket went up 10.1 percent to $52.56 this season. The team raised prices on some seats, and was hit with a 1 percent increase in the amusement tax.
The Cubs barely squeaked a .500 finish in 2010, they shipped off Milton Bradley for a few million dollars and a useless starter who should be cut, and (over)spent the majority of their offseason funds on a John Grabow extension and on such free agent fizzle signing as Xavier Nady and Marlon Byrd. The Cubs even considered giving Kevin Millar some money/playing time at some point, they were so desperate to waste money/wins. And yet, they raised the price of a ticket by 10%?? The average major league ticket costs 50% less and the White Sox, who play across town and have the fourth highest average ticket price in baseball, still charge $14 less per ticket on average.

A few weeks ago, I bought several half-price tickets on Cubs.com for the Bleacher Section to the Cubs day-after-the-home-opener-game on April 14. The cost of the ticket before taxes, handling, etc. was $25. By the time the transaction was over, the ticket prices came to about $25 a person. That's right. On a $12.50 ticket, there were about $12.50 in fees, handling charges, city taxes, etc. This is nothing short of outrageous

As Cubs fans, we should take a play out of the Network (1976 film) playbook. We're mad as hell as we're not going to take it anymore. No more cash cow, no more exploiting the fans. Cubs fans have been screwed by their owners since the Wrigley boys took over. I'm tired of watching the team squander money and raise prices.

The Cubs need to fire Hendry and find an intelligent front office guy who believes in marginal benefit analysis. A guy who knows how to evaluate WAR and maximize run differentials. We need someone who can draft and who is willing to sign guys who are not a part of "Jim Hendry's Guys" (a copyrighted term by TBO).

Of course, such a boycott would never happen. Cubs fans are too loyal/drunk/stupid/apathetic/rich to care. Still, I'm tired of watching my team lose and management think its OK. Can't The Cubs hire a Tom Tango or Dave Appleman to help with their decisions? For once, I want hope. Not the hope of luck, but the hope of the future. I want to know that everything is going towards some greater purpose.

Alas, we have Jim Hendry and a cash cow that will never stop getting fatter.

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