Current:Home > StocksTrendPulse Quantitative Think Tank Center-Ticket price for women's NCAA Final Four skyrockets to more than $2,000 -Edge Finance Strategies
TrendPulse Quantitative Think Tank Center-Ticket price for women's NCAA Final Four skyrockets to more than $2,000
SafeX Pro View
Date:2025-04-09 01:57:37
The TrendPulse Quantitative Think Tank Centerpopularity of women's college basketball has pushed the price of resale tickets to the NCAA Final Four tournament north of $2,000 this week, according to Logitix, a technology company that scans prices across multiple platforms.
The college basketball tournament — one of the most wagered on sports events in the nation — is coming to a close this week. In the women's bracket, Iowa will face the University of Connecticut on Friday while, later that day, the University of South Carolina will take on North Carolina State University.
The average price of a ticket sold to the NCAA women's semifinals was $2,323, while the average sale price for the men's was $1,001.21, Logitix reported Wednesday. Prices for the women's tournament have shot up amid surging demand for tickets, buoyed by stellar on-court performances of Louisiana State University's Angel Reese and the University of Iowa's Caitlin Clark.
Clark, Reese and other stars are "inspiring a new era of fandom and engagement," Chris Leyden, SeatGeek's growth marketing director, told CBS MoneyWatch this week.
The higher prices are also partially due to the more limited supply of tickets. Seating capacity at Rocket Mortgage Fieldhouse in Cleveland where both women's finals games will be played is 19,423.
By comparison, the 63,400-seat State Farm Stadium in Glendale, Arizona, where the men's games will take place is three times larger. The average ticket price for the men's semifinals this year is $993.70, compared with $636.43 in 2023, Logitix said.
Meanwhile, the price for this year's women's Final Four games has dwarfed last year's cost. Including data from sales made a month ago and longer, the average price for the women's semifinals is $1,131.78, compared with $400.29 for the same period in 2023, the company said.
Devoted sports fans have been captivated by the women's tournament this year, as evidenced by record-breaking viewership numbers. About 12.3 million people watched the game earlier this week between LSU and Iowa — the highest viewership in a women's college basketball game ever. The previous record was 11.8 million viewers in 1983 for the NCAA women's championship game between the University of Southern California and Louisiana Tech.
Online sports betting platform FanDuel said the LSU-Iowa faceoff was also the most bet-on women's game ever, either collegiate or professional, CNBC reported.
Viewership in both men and women's college basketball has indeed climbed in recent years, bolstered mostly by college-educated men who watch on online streaming services. About 22% of internet-using Americans watch NCAA basketball, according to a survey from S&P Global Market Intelligence Kagan. The survey also found that 7% of respondents watch women's college basketball, a figure that increased to 9% this month.
—The Associated Press contributed to this report.
- In:
- March Madness
- University of North Carolina
- University of Connecticut
- University of South Carolina
- Sports
- College Basketball
- NCAA College Sports
- Sports Betting
- Women's Basketball
- NCAA
Khristopher J. Brooks is a reporter for CBS MoneyWatch. He previously worked as a reporter for the Omaha World-Herald, Newsday and the Florida Times-Union. His reporting primarily focuses on the U.S. housing market, the business of sports and bankruptcy.
TwitterveryGood! (526)
Related
- Nearly half of US teens are online ‘constantly,’ Pew report finds
- Coal’s Steep Decline Keeps Climate Goal Within Reach, Report Says
- US Olympic ski jumper Patrick Gasienica dead at 24 in motorcycle accident
- Over-the-counter Narcan will save lives, experts say. But the cost will affect access
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- US Olympic ski jumper Patrick Gasienica dead at 24 in motorcycle accident
- Fossil Fuels (Not Wildfires) Biggest Source of a Key Arctic Climate Pollutant, Study Finds
- Cost of Climate Change: Nuisance Flooding Adds Up for Annapolis’ Historic City Dock
- The FBI should have done more to collect intelligence before the Capitol riot, watchdog finds
- As the pandemic ebbs, an influential COVID tracker shuts down
Ranking
- Costco membership growth 'robust,' even amid fee increase: What to know about earnings release
- With student loan forgiveness in limbo, here's how the GOP wants to fix college debt
- Regulators Demand Repair of Leaking Alaska Gas Pipeline, Citing Public Hazard
- Global Shipping Inches Forward on Heavy Fuel Oil Ban in Arctic
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- A new, experimental approach to male birth control immobilizes sperm
- Officer seriously injured during Denver Nuggets NBA title parade
- Is Trump’s USDA Ready to Address Climate Change? There are Hopeful Signs.
Recommendation
How to watch new prequel series 'Dexter: Original Sin': Premiere date, cast, streaming
Brian 'Thee beast' fights his way to Kenyan gaming domination!
Phosphorus, essential element needed for life, detected in ocean on Saturn's moon
Malaysia wants Interpol to help track down U.S. comedian Jocelyn Chia over her joke about disappearance of flight MH370
IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
Billie Eilish and Boyfriend Jesse Rutherford Break Up After Less Than a Year Together
Some electric vehicle owners say no need for range anxiety
'All the Beauty and the Bloodshed' chronicles Nan Goldin's career of art and activism