With LeBron James set to begin a new era in Cleveland tonight when the Cavaliers take on the New York Knicks at home, ticket prices on the secondary market have reached an all-time high. The game has been one of the most anticipated of the season as the King returns with a cast of superstar talent in Kevin Love and Kyrie Irving, and it will serve as the most expensive NBA home opener in the last five seasons.
According to TicketIQ, the average price for Cavaliers tickets to tonight’s game at Quicken Loans Arena is $778 on the secondary market. That’s 20.6% more expensive than the second top-priced home opener hosted by the Knicks in 2012, which LeBron also hand a hand in as the Heat served as the Knicks’ opponent. That year, Knicks tickets to their opening game at MSG against the Heat owned a secondary average of $645. Ticket price on the secondary market for tonight’s game will be on an entirely different plain, and rightfully so as LeBron dons Wine Red and Gold for the first time since 2010.
While the Knicks have consistently been a high-demand opponent with Carmelo Anthony on the roster, tonight’s game will be focused entirely on LeBron’s return to his hometown team. It may take time for the team’s fresh faces to create a winning formula together, but that hasn’t stopped fans and ticket brokers alike from generating huge price premiums on the secondary market all season long. The Cavaliers schedule will elicit high ticket prices both at home and on the road, with the Cavs serving as many teams’ most expensive opponent over the course of the season.
A new Big-3 will begin their reign on the NBA tonight in Cleveland. With a star-studded cast of players, the Cleveland Cavaliers will likely be a dominant force in the Eastern Conference for years to come – a team that’s been far removed from such a title since the turn of the decade.