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Wrigley Tickets

MR39814MR39814 Posts: 55
edited April 2013 in The Porch
Hi All, new to the boards - they're great. My wife and I are long time fans. We tried for Wrigley tickets in the first 10C lottery, going for home run GA tickets first and then spent over an hour in the waiting room. As a result, no tickets. However, the combination of Pearl Jam and Wrigley is perfect for our annual summer concert road trip, so we decided to look for tickets in a section we liked, 200 level, lower, close to beer and bathrooms. We found some tickets at a reasonable price compared to others and bought them. After a quick discussion about entering the second lottery and selling our other tickets if we won, we decided to pass and not potentially take tickets from another 10C member.

During our search, we read many posts telling us tickets will get cheaper closer to the show. I'm a college professor with training in economics and finance and am always interested in academic questions related to markets, such as market efficiency and the over reaction hypothesis related to initial actions when new information is released. The market reaction to PJ Wrigley tickets fascinated me. As a result, we're conducting an academic study on Pearl Jam Wrigley ticket prices to test this area. Basically, what this theory says is initially buyers will over react (pay too much) based on the information PJ was the quickest sell out in Wrigley history, tickets will be hard to get and overall publicity about the ticket sales.

I thought you may be interested in some initial findings. We collected data on all ebay sales of PJ Wrigley tickets since Feb. 14th, when the majority of first auction sales ended and have collected data through today. The majority of sales have been in the 200, 400 and 500 levels. So far, overall average ticket prices have declined 10% in March compared to February; with 200s and 400s down 8% and 500s down 17%. These results confirm post we read saying ticket prices will go down, especially 500 level.

If there's interest, I'll post periodic updates. Can't wait until Wrigley and the potential fall tour.
8/17/98 Noblesville; 8/14/00 New Orleans; 8/18/00 Noblesville; 8/20/00 Cincinnati; 4/21/03 Lexington; 6/22/03 Noblesville; 10/5/04 St. Louis Fox Theatre; 6/24/06 Cincinnati; 5/7/10 Noblesville; 9/22/12 Atlanta Midtown Music Fest; 7/19/13 Chicago Wrigley
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    InsideManInsideMan Posts: 261
    I think it will be interesting to see what impact the Phish summer tour announcement has on Wrigley ticket prices in the next few weeks.

    By the way, welcome to the boards. It is nice to see another professor in the ranks.
    2009: Philly 3 & 4
    2010: Newark, MSG I
    2011: EV Philly
    2012: Philly MIA
    2013: Wrigley, Pittsburgh, Buffalo, Philly 1 & 2, Baltimore
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    Foriginal SinForiginal Sin Scottsdale, AZ Posts: 1,751
    InsideMan wrote:
    I think it will be interesting to see what impact the Phish summer tour announcement has on Wrigley ticket prices in the next few weeks.

    By the way, welcome to the boards. It is nice to see another professor in the ranks.

    Welcome. And even though I have tickets I would be interested to read future data. Thanks
    Chicago 6/29/98, Alpine Valley(EV) 6/13/99, Alpine Valley 10/08/00, Chicago 10/09/00, Phoenix 10/20/00, Orlando 4/12/03, Tampa 4/13/03, San Diego 6/05/03, Vegas 6/06/03, Phoenix 6/07/03, Chicago 6/18/03, Alpine Valley 6/21/03, Orlando 10/08/04, D.C. 10/11/04, Chicago 5/16/06, Chicago 5/17/06, LA 7/12/08, Chicago 8/23/09, Chicago 8/24/09, LA 10/07/09, San Diego 10/09/09 (Front Row Center, Finally), Phoenix(EV) 11/4/11, Wrigley 7/19/13, Phoenix 11/19/13, Denver 10/22/14, Wrigley 8/20/16, Wrigley 8/22/16
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    MR39814MR39814 Posts: 55
    Thanks for the welcomes. Great point on Phish ticket impact. It will be a crazy weekend in Chicago.
    8/17/98 Noblesville; 8/14/00 New Orleans; 8/18/00 Noblesville; 8/20/00 Cincinnati; 4/21/03 Lexington; 6/22/03 Noblesville; 10/5/04 St. Louis Fox Theatre; 6/24/06 Cincinnati; 5/7/10 Noblesville; 9/22/12 Atlanta Midtown Music Fest; 7/19/13 Chicago Wrigley
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    pearljimpearljim Posts: 1,306
    Welcome aboard :)

    I love math and I think this would be fun to follow so please continue!

    Jim
    If you have a chance to make life better for others, and fail to do so, you are wasting your time on this earth.

    Roberto Clemente.
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    pjsteelerfanpjsteelerfan Maryland Posts: 9,883
    Nice, I'd be interested to see where this goes, especially in June and July
    ...got a mind full of questions and a teacher in my soul...
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    dougfloyddougfloyd Fishers, IN Posts: 2,544
    Come on fall tour announcement! Hopefully that causes the prices to fall a little bit.
    1998 - Noblesville
    2000 - Noblesville
    2010 - Noblesville
    2011 - EV solo St Louis, PJ20 Alpine Valley
    2012 - San Fran (Oracle)
    2013 - Wrigley, Pittsburgh, Buffalo
    2014 - Cincy, St Louis, Detroit
    2016 - Lexington, Wrigley
    2018 - Wrigley
    2022 - Nashville, St Louis
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    its just gishits just gish San Antonio, TX Posts: 880
    I would definitely be interested in updates. I assume prices will go down the closer it gets to July and might have to give in to stubhub.
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    jeff2040jeff2040 Des Moines, IA Posts: 1,588
    I'll stay tuned to this thread because I'm still looking for tickets and I'm always interested in falling prices. :)
    Sometimes you find yourself
    Having to put all your faith
    In no faith
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    Blood Red MosquitoBlood Red Mosquito Posts: 1,609
    I've been watching Ebay closely. Yesterday a pair 500 level tickets sold for under $200 a piece, and a pair of seats in 206 sold for under $250 a piece. Still very high, but they are coming down.
    1995: San Francisco, San Diego
    2000: Phoenix
    2008: Camden 2
    2009: San Diego, Philly 1, Philly 2
    2010: MSG 1, MSG 2
    2011: Alpine 1, Alpine 2
    2012: Missoula
    2013: Wrigley, Phoenix, San Diego, LA1, LA2, Oakland
    2014: Denver
    2016: MSG1, MSG2, Fenway 1, Fenway 2
    2018: Fenway 1
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    2001ALLSTAREDDIE2001ALLSTAREDDIE NorCal Posts: 193
    good work Prof! give us more as the data comes in.
    12/07/93 Seattle; 12/09/93 Seattle; 06/01/03 Mt.View; 10/05/04 St.Louis; 03/18/05 Seattle; 09/04/05 Calgary; 09/05/05 Edmonton; 07/15/06 SF; 07/18/06 SF; 04/05/08 Santa Cruz (EV); 07/12/08 LA; 10/01/09 LA; 07/11/11 Oakland (EV); 09/03/11 PJ20; 09/04/11 PJ20; 07/19/13 Wrigley; 11/19/13 Phoenix; 11/23/13 LA1; 11/26/13 Oakland; 10/3/14 St.Louis; 04/11/16 Tampa; 04/13/16 JAX; 8/5/16 & 8/7/16 Fenway
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    curlycurly Posts: 703
    i'm still waiting for tix to come down myself...as i plan on still going...
    its nice to hear news that they are coming down...and its only been a month...
    once pj announces their other shows...i think we'll finally see them come down to reasonable..
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    jonsey30jonsey30 Rochester Hills, MI Posts: 998
    I would definitely be interested if you are willing to conduct the analysis on a weekly or monthly basis. The 10% average decline is interesting, as I have just been watching Stub Hub and Craigslist, and have not seen a change at all. In fact, I initially saw a couple of pairs of 100 level seats on craigslist for sale for $150/ticket, and by the time I called the seller of course they were gone. But only 2 so far, all others have been in the $250 range for 200 level seats mostly.
    7/19/13 - Wrigley Field, Chicago, IL
    10/11/13 - Pittsburgh, PA
    10/12/13 - Buffalo, NY
    10/16/2014 - Detroit, MI
    5/10/2016 - Toronto, ON
    3/24/2020 - Hamilton, ON
    9/7/2023 - Chicago, IL

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    thatbeatthatbeat Posts: 34
    Anybody got a clue where the reserved 10c seats will be?

    Tinroofecho.bandcamp.com
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    JB128716JB128716 Posts: 2,064
    One can assume all the sections that have no tickets for sale are 10c tix. You can find this on the website that rhymes with Bud Stub.

    As for your experiment, the real interesting part will be day of the show. Watching 10c members helping other members out by selling extras at face value next to pond scum trying to drain every penny from your soul.
    92 - Orlando
    03 - Tampa
    08 - Tampa
    12 - DeLuna Fest, EV Orlando 1 & 2, EV Ft Lauderdale 1 & 2
    13 - Wrigley!!! ,Brooklyn 1 & 2, Hartford, OKC, Seattle
    14 - Leeds, Milton Keynes, St Louis
    16 - Ft Lauderdale, Miami, Tampa, Jacksonville, Wrigley 1 & 2
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    MR39814MR39814 Posts: 55
    I've enjoyed reading everyone's thoughts. Since there is interest in this topic, a complete summary of the data follows. I've also collected Craigslist Chicago asking prices for tickets since February 9th - end of the public sale. It's more difficult; however, to make inferences about the CL data as it reflects asking, not true selling prices.

    As previous posts note, Ebay prices continued to decline yesterday, with the March average selling price now 12% lower than February. Another post stating CL prices have not really declined is also supported as asking prcies in March have only dropped by 6%.


    CLFeb CLMar %chMar
    Field $675 $550 -19%
    100s $442 $383 -13%
    200s $295 $271 -8%
    400s $364 $348 -4%
    500s $275 $248 -10%
    Avg. $310 $292 -6%

    EBayFeb EBayMar %chMar
    Field $533 $438 -18%
    100s $368 $513 39%
    200s $281 $257 -9%
    400s $302 $277 -8%
    500s $253 $209 -17%
    Avg. $316 $279 -12%

    I'll try to update again on March 31st.
    8/17/98 Noblesville; 8/14/00 New Orleans; 8/18/00 Noblesville; 8/20/00 Cincinnati; 4/21/03 Lexington; 6/22/03 Noblesville; 10/5/04 St. Louis Fox Theatre; 6/24/06 Cincinnati; 5/7/10 Noblesville; 9/22/12 Atlanta Midtown Music Fest; 7/19/13 Chicago Wrigley
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    jjflashjjflash Posts: 4,841
    MR39814 wrote:
    I've enjoyed reading everyone's thoughts. Since there is interest in this topic, a complete summary of the data follows

    I'll try to update again on March 31st.

    Great info....thanks!! 8-)

    To all: Any idea as to why, as least in the raw data thus far, 400's are more pricey than 200's? I'm not familiar w/ Wrigley but it'd seem that 200's would be more desirable :?
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    iiseeiisee Charlotte, NC Posts: 485
    I too would be interested in future updates. I was lucky enough to score in the 1st PJ lottery so subsequently booked my room/flights/etc. Being a big Phish fan also (although not nearly as big a fan as PJ), I entered the Phish lotto for Saturday night tickets. The ask: What are my statistical odds of winning there too in a much smaller venue? :?: 8-):lol:
    8/25/92 – Charlotte, NC
    10/4/96 – Charlotte, NC
    8/4/00 – Charlotte, NC
    4/16/03 – Charlotte, NC
    9/5/05 – Edmonton, Canada
    6/16/08 - Columbia, SC
    6/17/08 - VA Beach, VA
    6/26-27/12 - Amsterdam, NL (I and II)
    7/19/13 - Wrigley Feild, Chicago, IL
    10/30/13 - Charlotte, NC
    11/22/15 - Rio De Janeiro, Brazil
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    JB128716JB128716 Posts: 2,064
    jjflash wrote:
    MR39814 wrote:
    I've enjoyed reading everyone's thoughts. Since there is interest in this topic, a complete summary of the data follows

    I'll try to update again on March 31st.

    Great info....thanks!! 8-)

    To all: Any idea as to why, as least in the raw data thus far, 400's are more pricey than 200's? I'm not familiar w/ Wrigley but it'd seem that 200's would be more desirable :?


    Per other fan's expert knowledge, if you are not in the first few rows (first 7) in the 200 level you will probably have an obstructed view wether it be a pole or the section above you.
    92 - Orlando
    03 - Tampa
    08 - Tampa
    12 - DeLuna Fest, EV Orlando 1 & 2, EV Ft Lauderdale 1 & 2
    13 - Wrigley!!! ,Brooklyn 1 & 2, Hartford, OKC, Seattle
    14 - Leeds, Milton Keynes, St Louis
    16 - Ft Lauderdale, Miami, Tampa, Jacksonville, Wrigley 1 & 2
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    SP96445SP96445 Posts: 214
    Per other fan's expert knowledge, if you are not in the first few rows (first 7) in the 200 level you will probably have an obstructed view wether it be a pole or the section above you.[/quote]

    Not to mention compromised sound under the rafters.

    One of the best/useful threads I have read in a while. Thanks for sharing all your data collecting!
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    MR39814MR39814 Posts: 55
    Thanks for the info about 200 level.
    8/17/98 Noblesville; 8/14/00 New Orleans; 8/18/00 Noblesville; 8/20/00 Cincinnati; 4/21/03 Lexington; 6/22/03 Noblesville; 10/5/04 St. Louis Fox Theatre; 6/24/06 Cincinnati; 5/7/10 Noblesville; 9/22/12 Atlanta Midtown Music Fest; 7/19/13 Chicago Wrigley
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    RockMamaRockMama Deep Creek Lake, MD Posts: 478
    InsideMan wrote:
    I think it will be interesting to see what impact the Phish summer tour announcement has on Wrigley ticket prices in the next few weeks.

    By the way, welcome to the boards. It is nice to see another professor in the ranks.

    My daughter the college professor will be at the show also.
    107 total First-Summerfest, Milwaukee '95
    Most recent: 2018 Stadium shows: Seattle 2, Missoula, Fenway 1 and 2; 2022: Oakland 1 and 2
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    carly316carly316 WI Posts: 332
    I'm watching. :wave: Thanks for the info!

    I wonder how a new album release would affect those prices. Oh, wait. I'm not holding my breath. :yawn:
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    MR39814MR39814 Posts: 55
    A quick end of March update. Not much change in prices since mid-March. It looks like there's a holding pattern, with much slower sales on ebay since March 15 (7 200 level vs. 20 in the first couple of weeks of March), and many more listings expring without a sale. The question becomes who'll blink first, buyers or sellers. My bet is sellers, and you'll continue to see a downward trend in prices, especially for 200 and 500 level seats. I'll post another summary the end of April.

    CLFeb CLMar %chMar
    Field $675 $633 -6%
    100s $442 $388 -12%
    200s $295 $265 -10%
    400s $364 $350 -4%
    500s $275 $239 -13%
    Average $310 $288 -7%

    EBayFeb EBayMar %chMar
    Field $533 $426 -20%
    100s $368 $513 39%
    200s $281 $258 -8%
    400s $302 $277 -8%
    500s $253 $213 -16%
    Average $316 $273 -14%
    8/17/98 Noblesville; 8/14/00 New Orleans; 8/18/00 Noblesville; 8/20/00 Cincinnati; 4/21/03 Lexington; 6/22/03 Noblesville; 10/5/04 St. Louis Fox Theatre; 6/24/06 Cincinnati; 5/7/10 Noblesville; 9/22/12 Atlanta Midtown Music Fest; 7/19/13 Chicago Wrigley
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