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SBD/October 19, 2011/Events and AttractionsPrint All
Tonight's Game One of the Rangers-Cardinals World Series remains the top-searched ticket on StubHub, MLB's official ticket reseller, but average listing prices for the opener at Busch Stadium show considerable decreases compared to last year' s Game One in S.F. Average prices for the opener last year hovered around $800, with standing-room tickets going for about $600. But last night, standing-room tickets were widely listed for less than $250 each, and lower-level tickets can be easily obtained for less than $500 each. In addition to the smaller media market, the Cardinals won the '06 World Series, likely creating less pent-up demand than that for the Giants, who did not win a World Series in 53 years of play in California until last year. The Cardinals yesterday sold through a small batch of tickets on the primary market, representing returns from other MLB clubs, in less than two hours.
Attendees of the Sept. 4 Izod IndyCar Series Baltimore Grand Prix "spent as much as $25 million -- far short of the $70 million projected by race organizers," according to an economic impact survey cited by Lorraine Mirabella of the Baltimore SUN. In their report, two Maryland professors also found that "about three-quarters of attendees came from Maryland and estimated that $10 million of the spending on restaurants and other entertainment over that Labor Day weekend would have happened even without the races as a draw." Univ. of Maryland-Baltimore County economics professor Dennis Coates said, "Based on our survey information, the Baltimore Grand Prix was certainly not a game-changer." City officials, who are "expected to release their own economic impact study in the coming weeks, took issue with the professors' analysis." They said that the city's final analysis would be "more comprehensive than the survey, which relied on responses from a sampling of race patrons." The city's tourism bureau, Visit Baltimore, and research firm Forward Analytics "expect to release a comprehensive economic impact analysis by late October or early November." That analysis is "expected to include hotel and restaurant revenue, local contracting numbers, ticket sales, marketing and media impressions for Baltimore, broadcast coverage and parking revenue." IndyCar officials recently confirmed that the race "will return next Labor Day weekend" (Baltimore SUN, 10/19).