The Cleveland Indians are Fall Classic-bound.
With Wednesday's ALCS Game 5 win over the Toronto Blue Jays, the Indians have clinched their first World Series berth since 1997. The Tribe's pennant win puts the city of Cleveland in rare position to yield two professional sports titles in the same year, a feat it has not accomplished since the Browns (then members of the AAFC) and Indians did so in 1948.
The hype surrounding the Indians' World Series berth has already bled onto the resale ticket market, and the team is posting record-setting prices across their four potential games at Progressive Field. On TicketIQ, the average resale price for Indians World Series tickets is now $2,473.77, making them the most expensive World Series team since TicketIQ began tracking resale ticket data in 2010.
Prior to Game 5's first pitch on Wednesday afternoon, Indians World Series tickets owned a secondary market average of $2,547.17. By the sixth inning, the average resale price for tickets across all four potential games at Progressive Field was $2,531.53 , marking a .6 percent drop over that time. Since Game 5's first pitch, Indians World Series tickets have dropped a notable 3 percent on average.
Once a forgotten sports town, Cleveland has experienced a resurgence over the last two years, largely due to the return of LeBron James to the Cavaliers. James has led the Cavaliers to back-to-back NBA Finals appearances and earlier this summer brought the city its first sports title since 1964. It appears that excitement is considerably higher for an Indians championship, however, as the average resale ticket price for Indians World Series tickets is more than twice as expensive as Cavaliers NBA Finals tickets, which is compared below:
Title talks will come come to a head on October 25, as Game 1 of the World Series and the Cavaliers' home opener are both played in Cleveland. With the Cavs holding a ring ceremony and championship banner raising prior to their tip-off with the Knicks, Cavaliers tickets at Quicken Loans Arena are averaging $365.43 and the get-in price is $140. That will be their second most expensive home game of the season behind a Christmas Day NBA Finals rematch with the Warriors ($488.04 avg./$148 get-in price).
The Indians last won the World Series in 1948. Their 67-year title drought is the second-longest in Major League Baseball behind the Cubs' historic 107-year streak. Should the Cubs reach the World Series, expect ticket prices to reach even greater heights in both Cleveland and Chicago as one long-suffering franchise finally hoists the Commissioner's Trophy.