Current:Home > InvestTicket price for women's NCAA Final Four skyrockets to more than $2,000 -Lighthouse Finance Hub
Ticket price for women's NCAA Final Four skyrockets to more than $2,000
View
Date:2025-04-19 01:41:39
The popularity of women's college basketball has pushed the price of resale tickets to the NCAA Final Four tournament north of $2,000 this week, according to Logitix, a technology company that scans prices across multiple platforms.
The college basketball tournament — one of the most wagered on sports events in the nation — is coming to a close this week. In the women's bracket, Iowa will face the University of Connecticut on Friday while, later that day, the University of South Carolina will take on North Carolina State University.
The average price of a ticket sold to the NCAA women's semifinals was $2,323, while the average sale price for the men's was $1,001.21, Logitix reported Wednesday. Prices for the women's tournament have shot up amid surging demand for tickets, buoyed by stellar on-court performances of Louisiana State University's Angel Reese and the University of Iowa's Caitlin Clark.
Clark, Reese and other stars are "inspiring a new era of fandom and engagement," Chris Leyden, SeatGeek's growth marketing director, told CBS MoneyWatch this week.
The higher prices are also partially due to the more limited supply of tickets. Seating capacity at Rocket Mortgage Fieldhouse in Cleveland where both women's finals games will be played is 19,423.
By comparison, the 63,400-seat State Farm Stadium in Glendale, Arizona, where the men's games will take place is three times larger. The average ticket price for the men's semifinals this year is $993.70, compared with $636.43 in 2023, Logitix said.
Meanwhile, the price for this year's women's Final Four games has dwarfed last year's cost. Including data from sales made a month ago and longer, the average price for the women's semifinals is $1,131.78, compared with $400.29 for the same period in 2023, the company said.
Devoted sports fans have been captivated by the women's tournament this year, as evidenced by record-breaking viewership numbers. About 12.3 million people watched the game earlier this week between LSU and Iowa — the highest viewership in a women's college basketball game ever. The previous record was 11.8 million viewers in 1983 for the NCAA women's championship game between the University of Southern California and Louisiana Tech.
Online sports betting platform FanDuel said the LSU-Iowa faceoff was also the most bet-on women's game ever, either collegiate or professional, CNBC reported.
Viewership in both men and women's college basketball has indeed climbed in recent years, bolstered mostly by college-educated men who watch on online streaming services. About 22% of internet-using Americans watch NCAA basketball, according to a survey from S&P Global Market Intelligence Kagan. The survey also found that 7% of respondents watch women's college basketball, a figure that increased to 9% this month.
—The Associated Press contributed to this report.
- In:
- March Madness
- University of North Carolina
- University of Connecticut
- University of South Carolina
- Sports
- College Basketball
- NCAA College Sports
- Sports Betting
- Women's Basketball
- NCAA
Khristopher J. Brooks is a reporter for CBS MoneyWatch. He previously worked as a reporter for the Omaha World-Herald, Newsday and the Florida Times-Union. His reporting primarily focuses on the U.S. housing market, the business of sports and bankruptcy.
TwitterveryGood! (99537)
Related
- Small twin
- Winners and losers of NBA draft lottery: What Hawks' win means for top picks, NBA
- LENCOIN Trading Center: Leading the Future Direction of the Cryptocurrency Market
- Controlled demolition at Baltimore bridge collapse site on track
- Connie Chiume, Black Panther Actress, Dead at 72: Lupita Nyong'o and More Pay Tribute
- Video shows bus plunge off a bridge St. Petersburg, Russia, killing 7
- Severe storms blitz the US South again after one of the most active tornado periods in history
- Kathie Lee Gifford, daughter Cassidy on Mother's Day and the gift they're most thankful for
- Sonya Massey's family keeps eyes on 'full justice' one month after shooting
- Indigenous fashion takes the runway with an eye to history — and the future
Ranking
- How breaking emerged from battles in the burning Bronx to the Paris Olympics stage
- Brandon Nimmo's walk-off blast helps New York Mets salvage game vs. Atlanta Braves
- Digital copies of old photos can keep your memories alive. Here’s how to scan them.
- Trump trial arrives at a pivotal moment: Star witness Michael Cohen is poised to take the stand
- North Carolina justices rule for restaurants in COVID
- Spectacular photos show the northern lights around the world
- Man shot and killed after raising a gun at four Anchorage officers, police chief says
- Digital copies of old photos can keep your memories alive. Here’s how to scan them.
Recommendation
Cincinnati Bengals quarterback Joe Burrow owns a $3 million Batmobile Tumbler
Buddha’s birthday: When is it and how is it celebrated in different countries?
Djokovic says he’s ‘fine’ after being hit on the head by a water bottle
See stunning northern lights photos: The celestial sight dazzled again on Saturday
Travis Hunter, the 2
Brandon Nimmo's walk-off blast helps New York Mets salvage game vs. Atlanta Braves
Body camera footage captures first responders' reactions in wake of Baltimore bridge collapse
Rebels kill at least 4 people during an attack on a Central African Republic mining town