Final Four 2015
The Final Four 2015
A full strip of Final Four tickets in Indianapolis, including both semifinals and the National Championship, are selling for an average of $1193 on the secondary market. At this time last year, Final Four tickets were selling for $1075, which represents an 11% increase in ticket prices over last year. Compared to two years ago, when full strip tickets to the 2013 Final Four and National Championship cost $1430, ticket prices are down 16 percent. In general, ticket prices to the Final Four decrease as teams get eliminated, but it will definitely be interesting to see how Kentucky's undefeated streak factors into ticket prices to the 2015 Final Four and NCAA National Championship.
Historical Ticket Prices
The culmination of weeks of March Madness begins on April 4 with the Final Four. The two national championship semifinal games will be played in Lucas Oil Stadium in Indianapolis. Which teams will get the chance to play is anyone's guess, so fans tend to wait until the Regional Championships have concluded before making the investment. A ticket to see both Final Four games last year cost an average of $608 on the secondary market. The 2013 Final Four was the most expensive since SeatGeek started collecting data on the tournament; that year fans paid an average of $743 to see Michigan beat Syracuse and Wichita State lose to Louisville. Three of the biggest programs in college basketball and an amazing Cinderella story in Wichita State contributed to making 2013 such an outlier. Conversely, the 2012 Final Four was the least expensive Final Four matchup in the past five years where fans paid just $358 on average to see both games. Because Kentucky and Louisville play each other every year, fans were not excited to see their matchup in the Final Four. As a general guideline, Final Four Tickets will be the most expensive when historically dominant teams make the semifinals while upsets by mid-tier competitors tend to deflate ticket prices.
Factors Affecting Final Four Ticket Prices 2015
The Final Four is still a long way off, but one factor that we can anticipate is location. Because Indianapolis has hosted the Midwest Regionals twice recently, we can try to extrapolate how it compares as a host city to other locations. Because of proximity issues, ticket to the Regional Championships in Indianapolis were relatively cheap compared to the average price of other Regionals. As a result we should expect there to be a slight dip in the price of Final Four tickets this year relative to the past. On the other hand, if a local team like Notre Dame makes it to the Final Four, expect ticket prices to skyrocket. Tickets to the Final Four and National Championship seem to be much more contingent upon the particular matchups than on geography, so it's still unclear how 2015 will shape up.