The holiday season is quickly approaching, and that means the college basketball season is in full swing. New York City will once again host the annual 2K Classic and Legends Classic between Madison Square Garden and Brooklyn's Barclays Center. And while many of college basketball's elite schools will be on hand in the Big Apple over the next several days, ticket prices to both tournaments are experiencing opposing trends on the secondary market.
The 2K Classic will officially tip off at MSG tonight with a semifinal doubleheader between Wisconsin and Georgetown and Duke and VCU. With last year's two NCAA Tournament finalists in the mix, prices have increased in comparison to 2014's 2K Classic. According to TicketIQ the average price for 2K Classic tickets on the resale market is now $116.96, marking a 21.1% jump from last year's average of $96.57. Duke and Wisconsin have the opportunity to play one another in Sunday's Championship game, which would likely make ticket prices increase even more before 1 p.m. tipoff.
Over the East River and into Kings County, Barclays Center prepares to host the FanDuel Legends Classic over Monday and Tuesday night. This year's tournament will be highlighted by LSU's freshman phenom Ben Simmons, who is being heralded as the first pick in the 2016 NBA Draft. His presence has not been enough to see ticket demand increase on the secondary market, however. In fact, the average price for Legends Classic tickets on TicketIQ has dropped significantly, falling from it's 2014 average of $101.66 to just $49 in 2015. Marquette, NC State and Arizona State will also participate in this year's tournament.