Miami’s Cinderella run has created an amazing narrative heading into the men’s Final Four — but it may have torpedoed secondary-market ticket prices for the big event.
With about five minutes remaining in the Hurricanes’ Elite Eight contest with Texas on Sunday, tickets to get into the Final Four were selling for $286 all-in on ticket marketplace TickPick.
According to data provided by the company to Front Office Sports, the get-in price dropped to $195 in the immediate aftermath of the game and currently stands at $157 — a 32% and 45% decrease, respectively.
Ticket purchase prices for the national semifinals are averaging $421, while the all-sessions tickets — providing access to both the semifinals and championship game — are going for an average $705. The get-in price for all sessions is $229.
The price drop is a byproduct of Miami’s upsets of 1-seed Houston and 2-seed Texas, which are located a respective five and 160 miles from Houston’s Final Four venue, NRG Stadium.
Other ticket marketplaces are seeing the effect, as well.
- With Houston still in the mix, tickets were selling for $229 on Ticketmaster and $250 on StubHub before taxes and fees.
- With Houston eliminated but Texas remaining, tickets came down to $175 on Ticketmaster and $215 on StubHub.
- By Monday morning, with both schools gone, the tickets were as low as $100 on Ticketmaster and $122 on Stubhub.
The Houston Chronicle reported that tickets to the championship game were selling for as low as $75 on Monday morning.
