INDIANAPOLIS, Ind. (March 30, 2015) - Ticket prices are higher than ever for this year's NCAA Final Four. Tickets are selling anywhere from $350 to $1500. Sellers and buyers were expecting the big increase in prices after seeing which teams would make it into the Final Four.
"A few weeks ago, ticket prices were 30-40 percent less than they are now," said Renny Harrison, owner of Fanfare Tickets.
SeatGeek has been tracking trending ticket prices since 2011. This year, tickets are already 20 percent more expensive than 2014.
“This is the most expensive Final Four ticket that we’ve seen by any measure you look at," said Connor Gregoire, Communications at SeatGeek.
The reason, experts explain is simple. It's a combination of where the Final Four is held and what teams are playing.
“This year, you have sort of the perfect storm. With the Final Four being played in Indianapolis and the four schools that we have playing here, you look at Wisconsin, Kentucky, and Michigan State, all those schools are within about 300-350 miles of Indianapolis," Gregoire said.
Kentucky fans are also driving up the cost.
“It’s easy to come. It’s a short distance. Their fans are fantastic. They have great fans that travel well. We’ve experienced that before with Kentucky playing in the regionals a few years ago when Kentucky played Indiana," said Harrison.
Jeff McQuinness, co-owner of 317 Tickets says if Notre Dame would have beat Kentucky, Final Four ticket prices would have been significantly lower.
He said if Kentucky loses on Saturday, “you will see championship tickets drop tremendously and fast, come Monday.”