With The Caps 1 Win Away From The Cup, Game 6 Tickets Up 72% On Secondary Market
June 5, 2018
Washington Capitals fans are finally starting to believe. Their team has a 3-1 Stanley Cup Finals lead against the Vegas Golden Knights, and demand for tickets to games in Washington has gone through the roof in the last week.
The average asking price on the secondary market for a possible Game 6, according to TicketIQ.com, is up 72 percent from a week ago, from $2,225 to $3,845 on June 5. And the get-in price for that game has nearly doubled, from $867 to $1,733. Those prices are the highest for the series, which continues with Game 5 on Thursday night in Las Vegas.
Game 6 ticket prices have also reached a historic level for all DC sporting events TicketIQ has tracked. Game 6 is the only DC event that has topped the $3000 mark, and other than the games 3 and 4 of this year's Stanley Cup Finals, only the upcoming MLB All-Star game at Nationals Park has had an average list price north of $1000.
Because of the spike in average asking prices, the Capitals have shot to the top of the list of priciest Stanley Cup Finals tickets on the secondary market this decade. The average asking price for a Capitals home game was $3,098 as of June 5, more than $400 higher than the No. 2 most expensive. The 2017 Nashville Predators commanded $2,664 during their Stanley Cup run, which ended in a six-game defeat to the Pittsburgh Penguins.
The Capitals have never won a Stanley Cup since being founded in 1974. The closest they came was in 1998, when they lost to the Detroit Red Wings in four games.
This Stanley Cup Final ranks No. 1 for the decade in average asking price for tickets, at $2,352, according to TicketIQ.com, And the get-in price of $874 at Capital One Arena is the second highest of the decade on the secondary market. The previous highest get-in price was $890 for a 2014 New York Rangers Stanley Cup Finals home game.
Asking prices for Capitals tickets have been steadily rising and are now more expensive than tickets to T-Mobile Arena, where the Caps could clinch Thursday night. The average asking price for a Vegas home game has dropped to $1,794 over the last week. So far, the first two Capitals home games have cost fans more than $2,500 on the secondary market -- $2,552 for Game 3 and $2,897 for Game 4. Two of the three potential homes game (including Game 6) have get-in prices of more than $1,100).
Prices For Capitals Stanley Cup Finals Skyrocket After Game 3 Win
After losing the opening game of the Stanley Cup Playoffs, the Washington Capitals are seeing a decline in demand. In fact, the average asking price on the secondary market for a ticket to Game 4 dropped nearly $100, from $1,643 to $1,558 between the Game 1 loss and Wednesday, according to TicketIQ.com.
Why? Caps fans may be feeling that the expansion Vegas Golden Knights are destined to make history and win. The Caps have played in one other Stanley Cup Final – in 1998 – and they lost that one to the Detroit Red Wings in four games.
The average asking price for tickets to see Game 3, which will be played Saturday in Washington, have risen slightly, from $1,807 to $1,819, but there has also been a decline in asking prices for the if-needed Game 6, from $2,225 to $2,190, as more tickets have come onto the secondary market. The drop indicate that Washington fans may not believe there will be a Game 6 to go to.
Though asking prices are declining, it is by no means cheap to get a seat at Capital One Arena. The average asking price for a Capitals home ticket is $1,855, according to TicketIQ, making it the sixth most expensive since the company began tracking data in 2011. The asking price for a ticket to see a game in Vegas is currently $2,108, the fourth most expensive of the decade. Both teams have a get-in price of $649, tied for the third most expensive since 2011 on the secondary market.
Overall, this Stanley Cup Final has the highest asking price in history, with an average asking price of $1,999. The next priciest Stanley Cup ticket was $1,573 for the 2014 Los Angeles Kings-New York Rangers matchup. Tickets for six of the last seven Stanley Cup Finals (2011-17) have settled at more than $1,000 and this season’s matchup is the first to approach the $2,000 barrier.
Capitals Stanley Cup Finals Tickets Are 5th Highest Since 2011
The Washington Capitals have never hosited a Stanley Cup. And when the Stanley Cup playoffs started weeks ago, fans weren’t convinced this year would be the year. But after the Caps beat the Tampa Bay Lightning in seven games to reach only the second Stanley Cup Final in franchise history, demand has soared. In fact, the average asking price on the secondary market for a ticket to the Capitals-Vegas Golden Knights series is $2,360, the highest since TicketIQ.com began tracking data in 2011.
The puck will drop on Monday night at T-Mobile Arena as both teams begin their quests for a first Stanley Cup. Vegas is the first American pro expansion to even have a shot at winning a league championship.
In the opening round of the playoffs, Caps tickets were among the cheapest in the NHL. The $203 to see a game at Capital One Arena in the first round was a steal – especially considering that fans will pay about 10 times as much for Stanley Cup Finals ticket in Washington. The current average asking price on the secondary market is $2,060 with a get-in price of $904. Comparatively, the get-in prices for the previous rounds topped out at $67.
Historically speaking, the average asking price for a Caps ticket is the fifth most expensive of the decade, according to TicketIQ. The priciest Stanley Cup Finals ticket was $2,664 to see the 2017 Nashville Predators at home and the second highest is $2,585 to see a Golden Knights home game this year.
While it will be significantly more expensive to see the Stanley Cup Finals in Las Vegas, Washingtonians will play an average of more than $1,600 on the secondary market. Game 3 has a current average asking price of $1,652 and Game 4 has an average asking price of $1,626. The highest average asking price for a ticket to Capital One Arena is $2,902, for the if-needed Game 6. The most expensive game of the series is the if-needed Game 7, which has an average asking price of $3,667.
Washington reached the Stanley Cup Finals in 1998, when it was swept by Detroit. Since then, the Caps have reached the playoffs 13 times, but have not advanced passed the Eastern Conference Semifinals.
Capitals Conference Finals Tickets Prices Drop 36% Over The Last Week On Resale Market
It’s becoming more and more affordable to see the Washington Capitals play in the NHL’s Eastern Conference Finals, according to TicketIQ.com, which tracks ticket prices on the secondary market. In fact, the price of Capitals tickets in DC has dropped 36 percent in the last eight days, and the current average asking price is now $467 from a high of $643 on May 7, according to TicketIQ.
The drop comes after the Capitals lost game three against the Lightning who got back in the series with their game three win. The average asking price for a ticket to Game 1 game is $343 and the average asking price for Game 4 is $418, down from $513 before game three. The highest average asking price for a Capitals home game is $518 for the if-needed Game 6 – that price is the highest of any Capitals home playoff game since TicketIQ began tracking data in 2011. It's also down from $545 before game three.
With an average asking price of $426 in Washington, it will cost fans more to see this conference final than any other playoff game this decade. The next most expensive was $359 when the Caps played the Pittsburgh Penguins in the second round last year.
Fans Paying Big Bucks For Capitals Conference Finals Tickets On Secondary Market
Washington Capitals fans are finally starting to believe – and demand for tickets to the NHL’s Eastern Conference Finals reflect that. According to TicketIQ.com, the average asking price on the secondary market for Capitals tickets to the Conference Finals in Washington is $643. That is the second-highest asking price for the three teams that have already qualified for the conference finals, and the 7th most expensive in the last decade. The Vegas Golden Knights are currently commanding the highest price -- $823 – for games at T-Mobile Arena.
The Capitals, who needed six games each to beat Columbus in the first round and Pittsburgh in the second round, won the Metropolitan Division, but interest in the opening rounds was tepid. The average asking price for Conference Finals is 124 percent higher than the $287 fans paid for the semifinals. It’s also currently the fifth-highest asking price for a conference final on the secondary market since TicketIQ.com began tracking data in 2011.
Washington has not advanced to the Conference Finals since losing to Detroit in the Stanley Cup Finals in 1998. They’ll play the Tampa Bay Lightning and will host a maximum of three games. The priciest on the secondary market is the if-needed Game 6, for which the average asking price is $779. The next most expensive is Game 3 at $625, followed by Game 4 at $525. The average asking price for the series overall is $575 and Tampa Bay fans are paying an average of $525 for home games.
The get-in price at Capital One Arena on the secondary market ranges from $170 for Games 3 and 4 to $245 for the if-needed Game 6. Inventory for games in Washington is moderate, with more than 2,000 tickets still available for Games 3 and 4 and less than 1,000 still available for Game 6.