March Madness Ticket Prices
With the bracket now set, it's time to buy tickets to the 2016 NCAA Men's Basketball Tournament. Ticket prices vary substantially based on a handful of variables including the stage of play, the location of the games, and the teams playing. We've seen some transactions around the earlier rounds of the games, but fans don't usually start buying tickets to the Final Four until the week of Conference Championships.
The Final Four 2016
There has been little activity on the secondary market regarding the Final Four 2016. However, based on what we know, the average price of tickets to the full strip (the Final Four and the National Championship), is $750 at the moment. Tickets to just the NCAA Championship game are currently selling for an average of $410. In a year where no team has looked overly dominant, the big question right now is which teams will put it together enough to make it to NRG Stadium in Houston the first week of April.
Regional Championships 2016: Sweet Sixteen & Elite Eight
This year, the regional championships will be in Chicago, Anaheim, Louisville, and Philadelphia. The Midwest Regional will be held March 25 and 27 at the United Center in Chicago. The Honda Center in Anaheim will host the West Regional March 24 and 26. Also on March 24 and 26, the South Regional will be held at the KFC Yum! Center in Louisville, while on March 25 and 27 the East Regional will be held at the Wells Fargo Center in Philadelphia.
At the moment, the East Regional in Philadelphia is the most expensive regional city where the average ticket price to see the two Sweet Sixteen games as well at the Elite Eight matchup is $629. The West Regional in Anaheim is so far the second most expensive Regional, with tickets going for an average of $553. The South Regional in Louisville is next, with an average resale price of $536. Currently the Midwest Regional in Chicago is the least expensive, with an average resale price of $511 a ticket.
Tickets for Early Rounds
Right now, Providence and Des Moines are the two most expensive host cities for the early rounds. For a full-strip ticket in Providence, which includes two first-round sessions and a second round session, the average ticket price on the secondary market is $650. Meanwhile in Des Moines the average resale price of a ticket is is $600. Both of these venues have limited inventory on the secondary market, which is not meeting the current demand and therefore is driving prices up.
The Big 12 Tournament is the hottest conference tournament this spring, with a pass to all the sessions reselling for an average of $878. The tournament is held at the Sprint Center in Kansas City, and will feature teams like Kansas, West Virginia, Oklahoma, Baylor, Texas and Iowa State.
This year's SEC Tournament at Bridgestone Arena is down from where it was last year, but is still an incredibly hot ticket, with fans spending around $800 a ticket for an all-session pass. While Kentucky doesn't have the hype of last season, it still currently finds itself atop a conference that includes South Carolina, Texas A&M, Vanderbilt and LSU.
With a logjam of potential contenders atop the standings, it is no surprise that the ACC Tournament at the Verizon Center in Washington, D.C., is the third most expensive conference tournament currently. A full strip to the tournament is currently averaging $610, and will give fans a chance to see teams like North Carolina, Miami, Louisville, Virginia, Notre Dame and Duke all battle for the conference title.
The Big 10 Tournament at Bankers Life Fieldhouse in Indianapolis is also drawing attention, with teams like Maryland, Iowa and Michigan State all looking like potential national champions. Tickets to an all-session pass there cost an average of $605 on the secondary market.
Some of the other hot conference tournaments this spring include the Pac 12 Tournament in Las Vegas, the Big East Tournament in New York, and the Atlantic 10 Tournament in Brooklyn.