Menu
Colleges

Univ. Of Minnesota Cuts Season-Ticket Prices For Hoops, Hockey

The Univ. of Minnesota is lowering some of its season-ticket prices, "hoping to boost sagging attendance numbers" for men's basketball and men's hockey games, according to Joe Christensen of the Minneapolis STAR TRIBUNE. Season tickets for men's basketball will start at $340, the "lowest price" since the '95-96 season, and men's hockey season tickets will start at $500, "down from $600 one year earlier." While UM is "reducing prices" for its cheapest season tickets, the "more expensive packages will cost the same." The men's hockey team's average announced attendance at 3M Arena at Mariucci was 9,595 as "recently as three seasons ago before dropping to 8,726 and 7,944 the past two seasons." The men's basketball team has a 14,625 seating capacity at Williams Arena, but average announced attendance has been "thousands below that for years." The team "averaged 10,774 for home games this season, down from 11,850 one year earlier" (Minneapolis STAR TRIBUNE, 4/19). In St. Paul, Andy Greder notes for the "more expensive seats in better locations, this decrease has been offset by increases to seat 'contribution' costs, keeping these ticket prices at the same level into the upcoming seasons." UM's announcement "did not address how the required contributions donations factor into the season-ticket costs under the new pricing structure" (ST. PAUL PIONEER PRESS, 4/19).

PLAYING CATCH UP: In Minneapolis, Sid Hartman writes one of the "biggest challenges" for UM athletics is "figuring out how to compete against other Big Ten programs that bring in more revenue each season." Penn State's football program alone reportedly brought in $100M in revenue in '18, while UM's entire athletic department brought in $125M in revenue last year, with $115M in "operating expenses." UM's $10M in earnings for '18 came "despite a lack of attendance in the athletic department's three major revenue sports: men's basketball, men's hockey and football" (Minneapolis STAR TRIBUNE, 4/19).

SBJ Morning Buzzcast: May 3, 2024

Seismic change coming for NCAA? Churchill Downs rolls out major premium build out and Jeff Pash, a key advisor to Roger Goodell, steps down

Learfield's Cory Moss, MASN/ESPN's Ben McDonald, and Canelo

On this week’s pod, SBJ’s Austin Karp has two Big Get interviews. The first is with Learfield's Cory Moss as he talks about his company’s collaboration on EA Sports College Football. Later in the show, we hear from MASN/ESPN baseball analyst Ben McDonald on how he sees the college and professional baseball scene shaking out. SBJ’s Adam Stern shares his thoughts on the upcoming Canelo-Mungia bout on Prime Video and DAZN.

SBJ I Factor: Molly Mazzolini

SBJ I Factor features an interview with Molly Mazzolini. Elevate's Senior Operating Advisor – Design + Strategic Alliances chats with SBJ’s Ross Nethery about the power of taking chances. Mazzolini is a member of the SBJ Game Changers Class of 2016. She shares stories of her career including co-founding sports design consultancy Infinite Scale career journey and how a chance encounter while working at a stationery store launched her career in the sports industry. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Daily/Issues/2019/04/19/Colleges/Minnesota.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Daily/Issues/2019/04/19/Colleges/Minnesota.aspx

CLOSE