IBJNews

For Big Ten championship, even suites are for sale

Back to TopCommentsE-mailPrintBookmark and Share

Call it extreme ticket scalping.

Besides typical ticket holders, some suite owners at Lucas Oil Stadium are angling to cash in on Saturday’s inaugural Big Ten Conference football championship game between the Michigan State University Spartans and University of Wisconsin Badgers.

Fans and alumni sifting through thousands of seats still available on the secondary market might be surprised to stumble across lower-level suites offered at prices ranging from $13,000 to $28,000.

In contrast, some of the cheapest seats can be had for $15 each.

An online search of a half-dozen ticket websites finds a smattering of suites for sale. It’s difficult to determine exactly how many are available because, like tickets, much of the same inventory is shared among many brokerage sites.

As of Thursday morning, Ticket Liquidator, for instance, listed three lower-level suites ranging from $13,572 to $22,423. Whether they’ll fetch those prices now seems unlikely. Two listings on the RazorGator website have been discounted by roughly $2,500 each.

Suite reselling isn’t all that unusual, depending on the event and venue, ticket brokers say. Indianapolis Colts suite owners who are reselling their suites on the open market won’t even have access themselves during the Super Bowl in February. The National Football League occupies many of them to entertain sponsors.

But what stands out to broker Angelo Peduto at Circle City Tickets about the Big Ten game is that demand is soft, even for suites.

“What you’re seeing here is that people are selling them at close to their cost,” he said. “There are some who are still trying to make their money back.”

Colts suite holders get first dibs to watch Saturday’s game from their private rooms by paying anywhere from $4,000 to $10,575. Of the 140 suites available for the game, 11 had not been reserved by their owners as of late Tuesday afternoon, said Greg Hylton, Colts vice president of premium seating and ticket sales.

David Moroknek, president of locally based MainGate Inc., which handles merchandise sales for the Colts and seven other NFL teams, is among the Colts suite owners who have paid extra to watch the Badgers and Spartans.

He’ll be entertaining clients who have a “very strong” interest in attending the game, and he never considered reselling the company suite.

“If they think that’s a better move for them, more power to them,” Moroknek said. “I’m not a big proponent of it.”

The Big Ten receives most of the revenue from initial suite sales. Whether the conference is concerned about the reselling of suites for its first championship game is unclear. A spokesman didn’t respond to questions from IBJ.

Those who didn’t have the cash to spend on a suite but still wanted the VIP treatment might have opted for the $1,000 premium ticket package that included a low-level seat at midfield and access to the stadium’s Club Lounge, in addition to other perks.

Indiana Sports Corp., which sold the tickets for a limited time, declined to divulge how many were taken. Spokesman John Dedman said demand was strong, though.

“We’re very excited about this event and the people coming in from Michigan State and Wisconsin, or people in general,” he said. “Demand has been strong from lower-level suites to the top of the stadium.”

In July, the Big Ten announced that general public tickets for the game sold out in two hours. But Wisconsin did not fill its allotment, returning 2,000 tickets that were made available on Wednesday.

The tickets, available through Ticketmaster, range from $80 to $175. But other tickets that might have been snapped up by Nebraska fans banking on the Cornhuskers making it to the championship now flood the secondary market. And they’re a lot cheaper, much to the chagrin of Peduto at Circle City Tickets.

“It would have been a lot different if you had Nebraska, Ohio State or one of these schools that have this huge [football] tradition,” he lamented.

At least it’s not as bad as what turned out to be a false ad on Craigslist. It described a need for “seat-fillers” for a Saturday night event in downtown Indianapolis who would be paid $75, according to the Chicago Tribune.

“Must tolerate loud noise and crowds,” the ad said. “Must have red or dark green casual clothing to wear. All ages, sexes, races, etc.”

Big Ten spokesman Scott Chipman told the Tribune that the league “is not involved” with the ad and that “the Big Ten is not paying people to go to the game.”

On Wednesday, the conference later tweeted: “Fans, please be aware regarding the Big Ten Football Championship Game, the Big Ten is NOT paying fans to attend.”
 

ADVERTISEMENT

Post a comment to this story

COMMENTS POLICY
We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
 
You are legally responsible for what you post and your anonymity is not guaranteed.
 
Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in IBJ editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
 
No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
 
We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.
 

Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ
  1. Hello Dear Are you tired of Seeking Loans and Mortgages,have you Been Turned down constantly By your banks and Other Financial Institutions or Micro Finance scheme. This is let you know with 100% guarantee that we Offer loans ranging from $1,000 Minimum to $1,000,000.00 Maximum at 3% interest rate per Month. We give out LOANS for developing business. a competitive edge/business expansion. email address: michealscottloan124@gmail.com We offer the following kinds of loans and many more; * Personal Loans ( Unsecured Loan) * Business Loans ( Unsecured Loan) * Consolidation Loan * Combination Loan * Home Improvement * Xmas Loans for contact to seek for loan email this email address: michealscottloan124@gmail.com Thanks

  2. My name is Mr Henry Josh and i live in the USA California and life is worth living right now for me and my family and all this is because of one man sent by GOD to help me and my family, i once had a life filled with sorrow because my first SON needed a kidney transplant and all our savings were going towards his medications and this normally leaves us with no money to pay our bills or even put enough food on our table and our rent was due and no funds to pay these bills and life felt so unfair to me and every night my wife will cry herself to sleep every night until one day, i was browsing through yahoo answers and i saw a striking advert of a man that gives out personal loans and that the offer is opened to all and i have heard so many things about internet scams but at this point of my life, i was very desperate and ready to take any risk and at the end of the day, i applied for this loan and from one step to another, i got my loan within 12 hours through bank transfer and you know, it was all like a dream and i called Mr Daniel Jones A Man who is the GOD sent lender i found and said, i have received my loan and he smiled stating that to GOD be the glory and i was so shocked as i have never ever seen anyone with such a GOD fearing and kind heart and today, i am the happiest man on earth because by GOD’S grace, my SON kidney transplant was successful and today he is healthy, i and my family are living very comfortable and happy and if you are in my former situation or in serious and legitimate need of a loan, you can reach this GOD sent lender via fidelityloanfirm@outlook.com

  3. Greetings to everyone reading this comment!!! I am Greg William by name. I am out here to recommend the effort of Mark Oscar,I was in need of a consolidation loan amount of 50,000 and as soon as I got in contact with Mark Oscar Loan Firm on Wednesday last week and on Friday last week as well I receive an alert from my bank(Royal Bank of Scotland Group) that the fund was transferred,I want everybody on this site to contact Mark Oscar now via email on how to get a loan because I got my loan from them and I am very happy,so contact them now. Oscarloanfinance@hotmail.com Thanks!!!!!!

  4. Elected officials, like Mourdock, get vested in 8 years. It takes 10 years for all other public employees, most of whom make a lot less money. So much for the promise to finish out his term.

  5. Great state treasurer and a good man!! Just curious if the folks who didn't quite understand his quote would like to tell my daughter-in-law that God didn't intend her! Mourdock's comment was correct but twisted and the article didn't mention that his opponent and the press let the impression stand that Mourdock meant that the rape was intended. Stupid people!!

ADVERTISEMENT