Show Them the Money!

Grid Iron · 05-02-2005, 09:48 AM

Show Them the Money!

Ice hike luxury suite price to $150K per season

Pre-Free Agency Stage, 2007

Portland, OR (Reuters) – Despite coming off a third divisional title in four years, the Oregon Ice showed surprising restraint when setting ticket prices for the upcoming 2007 season.

The 2006 Ring of Ice champions finished among the top 10 in attendance last year, and set a franchise record with $26.2 million in total ticket and suite revenue (a 21% increase from 2005). Nonetheless, most fans won’t suffer sticker shock when buying their tickets for the 2007 season.

Single-game and season tickets were given only modest price adjustments. Upper deck and sidelines seats were increased just $3 each to $40 and $100, respectively. Mezzanine and Club seats were raised just $9 each, to $80 and $300 respectively. End zone seats actually dropped a buck to $60.

Luxury suites, on the other hand, suffered a much different fate. Enjoying the game from the stadium's most posh accommodations will now cost $150,000 a year. That's a whopping $23,000 increase from last year.

“We want to fill the seats,” said general manager Jack "Grid" Iron of the team’s decision to impose modest price increases on non-luxury suite tickets. “But we’re also cognizant of the fact that our luxury suites sell at a premium right now due to the team’s success.”

If all 158 luxury seats sell as expected, the team will pull in over $23 million before the season even begins.

05-02-2005, 09:48 AM	#46
Grid Iron Ice Cream Man Join Date: Feb 2002 Location: Bay Area	Show Them the Money! Ice hike luxury suite price to $150K per season Pre-Free Agency Stage, 2007 Portland, OR (Reuters) – Despite coming off a third divisional title in four years, the Oregon Ice showed surprising restraint when setting ticket prices for the upcoming 2007 season. The 2006 Ring of Ice champions finished among the top 10 in attendance last year, and set a franchise record with $26.2 million in total ticket and suite revenue (a 21% increase from 2005). Nonetheless, most fans won’t suffer sticker shock when buying their tickets for the 2007 season. Single-game and season tickets were given only modest price adjustments. Upper deck and sidelines seats were increased just $3 each to $40 and $100, respectively. Mezzanine and Club seats were raised just $9 each, to $80 and $300 respectively. End zone seats actually dropped a buck to $60. Luxury suites, on the other hand, suffered a much different fate. Enjoying the game from the stadium's most posh accommodations will now cost $150,000 a year. That's a whopping $23,000 increase from last year. “We want to fill the seats,” said general manager Jack "Grid" Iron of the team’s decision to impose modest price increases on non-luxury suite tickets. “But we’re also cognizant of the fact that our luxury suites sell at a premium right now due to the team’s success.” If all 158 luxury seats sell as expected, the team will pull in over $23 million before the season even begins. __________________ Follow the story of the Oregon Ice of the Continental Football League. Last edited by Grid Iron : 05-02-2005 at 09:58 AM.