Posted: 8:26 AM - Mar 21, 2008
Talk about price creep....!
Here is a sample of base line price creep from a 2004 article in the NY times !
*******
March 21, 2008
Yankees' Top Seats Grow Pricier
By RICHARD SANDOMIR
If you're a Yankees fan with lots of spare cash, parts of the new Yankee Stadium will be for you. Consider two offerings sent to season-ticket holders in
an e-mail message Thursday.
First up are the Legends Suite seats, the best in the $1.3 billion
ballpark, which is to open in 2009. There will be 1,800 Legends seats in the 25 sections closest to the field, radiating up the base lines from
home plate. Those fans will sit in cushioned seats with teak arms and have access to three clubs, private bathrooms and waiter service.
The seats will start at $500 each and the tiptop ones - the $2,500, front-row seats - are sold out, said Lonn Trost, the Yankees' chief operating officer.
(A Yankees fan could have spent $500 to see 50 games from $10 box seats in 1987.)
The current stadium has a Legends section of about 160 seats, with a peak price of $1,000 a game. The new Legends section features a home plate area that is 20
feet closer to the plate than in the current stadium's configuration.
The second offering, which promises a "luxury suite experience one seat at a time," is the 74-seat Club Suite, which is four luxury boxes combined
into one. The $700 price includes food and beverages (alcohol is extra), preferred parking and concierge service.
The e-mail message from Trost asked all season-ticket holders if they wanted to upgrade to the deluxe offerings, "for which we have already received an
enormous amount of unsolicited requests." It also began the process of relocating season-ticket holders to similar locations in the new ballpark.
The team has the equivalent of 39,121 full season-ticket holders.
But Trost cautioned in his e-mail message that "the seat location and quantity of games included in all current ticket license plans are subject to change
when you relocate to the new Yankee Stadium." He said by telephone that he was not referring to the slightly smaller capacity of the new ballpark, but the
variety of miniticket plans being sold.
The other two premium plans are less than $500. The 1,200 main level outdoor suite seats - behind home plate in the nine sections behind the Legends area -
start at $350. And in the 1,300 terrace level seats located in the sections behind the outdoor suite, you can experience a wee bit of luxury for $100, $115 and
$135.
The 4,374 premium seats in the four suites essentially substitute for the usual complement of high-priced stadium club seats. Of the 47 luxury suites available
at the new ballpark, 29 have been leased, for between $600,000 and $850,000, Trost said.
There will be 48,000 nonpremium seats in the new stadium. Trost said that 88 percent of those cost $100 or less, and 55 percent will cost $45 or less.
He added that the highest-priced box seats at the old stadium - which rose to $250 this season from $150 last year - would not cost significantly more in the
new stadium and would not be priced nearly as high as the cheapest Legends seat. But they could be farther back to accommodate the Legends seats.
Here is a sample of base line price creep from a 2004 article in the NY times !
and you get no pay raises..
July 30, 2004
The New York Times
Yankees Propose New Stadium, and Would Pay
By CHARLES V. BAGLI
The New York Yankees will soon unveil plans to build a new $700
million, open-air stadium across 161st Street from its present home in the Bronx, according to team executives and elected officials, and the
team is willing to pay much of the cost of construction.
*******
March 21, 2008
Yankees' Top Seats Grow Pricier
By RICHARD SANDOMIR
If you're a Yankees fan with lots of spare cash, parts of the new Yankee Stadium will be for you. Consider two offerings sent to season-ticket holders in
an e-mail message Thursday.
First up are the Legends Suite seats, the best in the $1.3 billion
ballpark, which is to open in 2009. There will be 1,800 Legends seats in the 25 sections closest to the field, radiating up the base lines from
home plate. Those fans will sit in cushioned seats with teak arms and have access to three clubs, private bathrooms and waiter service.
The seats will start at $500 each and the tiptop ones - the $2,500, front-row seats - are sold out, said Lonn Trost, the Yankees' chief operating officer.
(A Yankees fan could have spent $500 to see 50 games from $10 box seats in 1987.)
The current stadium has a Legends section of about 160 seats, with a peak price of $1,000 a game. The new Legends section features a home plate area that is 20
feet closer to the plate than in the current stadium's configuration.
The second offering, which promises a "luxury suite experience one seat at a time," is the 74-seat Club Suite, which is four luxury boxes combined
into one. The $700 price includes food and beverages (alcohol is extra), preferred parking and concierge service.
The e-mail message from Trost asked all season-ticket holders if they wanted to upgrade to the deluxe offerings, "for which we have already received an
enormous amount of unsolicited requests." It also began the process of relocating season-ticket holders to similar locations in the new ballpark.
The team has the equivalent of 39,121 full season-ticket holders.
But Trost cautioned in his e-mail message that "the seat location and quantity of games included in all current ticket license plans are subject to change
when you relocate to the new Yankee Stadium." He said by telephone that he was not referring to the slightly smaller capacity of the new ballpark, but the
variety of miniticket plans being sold.
The other two premium plans are less than $500. The 1,200 main level outdoor suite seats - behind home plate in the nine sections behind the Legends area -
start at $350. And in the 1,300 terrace level seats located in the sections behind the outdoor suite, you can experience a wee bit of luxury for $100, $115 and
$135.
The 4,374 premium seats in the four suites essentially substitute for the usual complement of high-priced stadium club seats. Of the 47 luxury suites available
at the new ballpark, 29 have been leased, for between $600,000 and $850,000, Trost said.
There will be 48,000 nonpremium seats in the new stadium. Trost said that 88 percent of those cost $100 or less, and 55 percent will cost $45 or less.
He added that the highest-priced box seats at the old stadium - which rose to $250 this season from $150 last year - would not cost significantly more in the
new stadium and would not be priced nearly as high as the cheapest Legends seat. But they could be farther back to accommodate the Legends seats.