Monday, July 18, 2005

Super Bowl XL

Having just returned from Detroit for the MLB All Star game I feel that it may be time to comment on the upcoming Super Bowl in the same city. I did not go inside of Ford Field but I can tell you that from the Outside it looks like a super nice venue. I did enjoy a beer at the Elwood Bar & Grill which is right across the street from both Ford Field and Comerica Park.
Detroit did a great job with the All Star game as a practice run for the big show coming in February. It was Hot as hell last week in Detroit so I sincerely hope we do not see the opposite extreme in February. The nerve center for the All Star game was definitely the Marriott at the Renaissance Center and I expect the same at the Super Bowl. I am guessing that the NFL will headquarter at the Marriott, and I hear the AFC will be somewhere out on the North Side of town and the NFC out West of town. The area around Greek town should be hot during Super Bowl week with all the restaurants, bars, and Casinos getting lot's of action.

As far as Super Bowl ticket prices go I still think this one is a crap shoot at this point. Maybe when we get a few games into the season it will clear up a little. I have noticed that some of our competition on the internet is offering lower and lower prices for get-ins. I have to assume that the lower prices are a result of seeing no buyers. We have still not sold any tickets for this years game which is unusual for us at this time of year. I have also been getting lots of calls from people trying to unload Hotel Rooms and that is not the hallmark of a strong market. My prices are going to stay right where there are and if anything go up until I see a strong indication that the teams heading to Detroit will not pull a crowd. I think to lower your prices now because you have no buyers may be suicidal. Detroit has far fewer seats than the last several venues for the Super Bowl and if we get Pittsburgh vs. Philadelphia you can forget about making money on those get-ins you’re selling at $1750 each.

A lot of people say that Detroit will be a bad ticket because it's Detroit in February. Do you really think that if Pittsburgh goes to the Super Bowl that their fans will stay home because it's too cold in Detroit? Do you think the Eagles fans will stay home because it's too cold?

I think it is a safe bet that the teams in the Super Bowl will come from the following list:
(with www.tradesports.com prices, and fan futures prices from www.ticketreserve.com)

New England Patriots 18.1/19.9 Fan Futures @ $345
Pittsburgh Steelers 9.0/11.0 Fan Futures @ $249
Indianapolis Colts 18.0/21.0 Fan Futures @ $225

Atlanta Falcons 9.6/10.0 Fan Futures @ $119
Minnesota Vikings 10.0/12.0 Fan Futures @ $125
Philadelphia Eagles 29.1/29.5 Fan Futures @ $550

The Falcons are the only team in that mix that I think would be bad for prices. I hope that clears things up for any of you doubters. You have a 1 in 6 chance of having a bad team in the Super Bowl. No offense to the Falcons, they are my team and I love them. The Falcons just do not have the fan base that the other teams have, nor are their fans as fanatical or devoted enough to brave the cold Detroit winter when they can watch on TV in the bars of Buckhead.

I guess that on September 12, 2005 we will get a good idea of how the Falcons will match up with the Eagles. The Falcons will host the Eagles in their home opener on Monday Night Football. We could see a lot of movement in pricing on both Tradesports and Ticket Reserve if the Falcons trounce the Eagles, but I would not expect much movement if the Eagles win the game because it is already priced in.

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