Colts, Bengals have bargain tickets, not so the Bears

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Depending on how you look at the data for NFL ticket prices on the secondary market, the Indianapolis Colts are either a bargain to see live at Lucas Oil Stadium or Indy is a soft sports ticket market—or both.

Despite having one of the best teams—according to pre-season prognostications—in the 32-team league, Colts tickets on the secondary market are relatively cheap, say national ticket brokers and secondary market research.

According to broker TiqIQ, Colts have the 22nd cheapest average ticket price on the resale market in the NFL this year, with an average price of $163.15.

The Colts are sandwiched between the Arizona Cardinals and Jacksonville Jaguars, neither of which is predicted to be anywhere near a Super Bowl contender this year.

The Colts’ ticket prices on the secondary market are far behind the five highest.

Tops is Seattle at $438.09, followed by Denver at $378.19, Chicago at $352.52, New England at $351.01 and Green Bay at $344.44.

The league’s cheapest seats can be found in Kansas City, where it will cost an average $125.45 to see the Chiefs at home this season, according to TiqIQ.

Considering the team’s winning record and average ticket prices, consumer research site NerdWallet concluded Colts tickets are the fifth best value among the league’s 32 teams. On average, NerdWallet found, it costs $248.61 for fans to see the Colts win at home.

Two other Midwestern teams find themselves on opposite ends of NerdWallet’s analysis.

The Cincinnati Bengals are in the top third of all NFL teams when it comes to home victories—winning 66 percent of their home games since 2011. Despite that, the average home game ticket price of $134 is the fourth lowest of all teams. That makes the Bengals the best bargain in the NFL when it comes to ticket cost on the resale market relative to winning percentage, according to NerdWallet, which calculated that it costs an average of $204.40 to see a Bengals game.

The honor of worst value belongs to Chicago, whose fans fork over an average of $663.57 per win they witness, according to NerdWallet.

Since 2011, the Bears have won 53 percent of their home games, but still have the third-highest resale ticket price in the NFL.

Since it is demand that pushes up ticket prices on the secondary market, it’s easy to conclude that Chicago is a diehard Bears market.

According to ticket broker Vivid Seats, which on Tuesday released its NFL Home and Road Ticket Reports for the upcoming 2015 season, the Colts have the third-cheapest ticket on the secondary market in the NFL, with a median price of $113.

Only Tennessee ($104) and Kansas City ($102) have cheaper median ticket prices on the secondary market, according to Vivid Seats.

The Bears rank high on this list too, with the fifth most expensive median priced seat behind only Seattle, New England, Denver and Green Bay. Cincinnati ranks one spot higher than the Colts on the Vivid Seats list at 29.

The Colts’ most expensive home game on the secondary market so far is the team’s week five game against Denver, which has a median price of $239, according to Vivid Seats. Many fans anticipate this could be Broncos quarterback Peyton Manning’s last season—and last time playing in Indianapolis. That no doubt, is pushing up prices in Indy, where Manning played his first 13 seasons.

Via: NerdWallet

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