The Warriors’ 33-point win over the Cavaliers in Game 2 of the NBA Finals "has caused the prices for Game 3 to plummet by hundreds of dollars in some spots," as the median listing price on SeatGeek is down 36% since the tipoff of Game 2, according to Kevin Kleps of CRAIN'S CLEVELAND BUSINESS. Listing prices for Game 4 also "have dropped 19%." SeatGeek said that the average resale prices for Games 3 and 4 are $929 and $996, respectively -- a "steep drop" from the '15 norms of $1,011 and $1,216 for the first two NBA Finals contests held at Quicken Loans Arena. Meanwhile, the average price paid by SeatGeek customers on Monday for Game 3 tickets was $648, and the "norm for Game 4 was $877." SeatGeek also said that the number of California residents shopping for Game 4 tickets "doubled after the Warriors’ win Sunday night." Data from TiqIQ showed that the average list price for Game 3 "dropped 26.8%, from $1,075 to $786, on Monday," and the costs for Game 4 "were down 12.1%, from $1,360 to $1,195" (CRAINSCLEVELAND.com, 6/7).
BAY WATCH: In S.F., Kathleen Pender notes the profit in reselling tickets to Games 1 and 2 in Oakland was "way down this year" compared with the same Warriors-Cavs matchup last year. The Warriors "charged more for playoff tickets this year, while prices paid on the resale market were down." On StubHub, the median price paid for Game 1 at Oracle Arena was $637 this year versus $908 last year, a 30% drop. The median price for Game 2 "was $790 versus $917 last year," down 14%. SeatGeek reported average ticket prices "were $1,026 for Game 1 this year vs. $1,306 last year," a 21% drop. For Game 2, the average resale price "was $1,161 versus 1,377 last year," down 16% (S.F. CHRONICLE, 6/8).
