Want to go to the Super Bowl? Get ready to pay even more this year as prices are twice the amount they were last year.
Tickets for the next Super Bowl XLVIII at MetLife Stadium in New Jersey will cost double compared to last year's tickets in New Orleans, the Daily Mail reports.
The NFL is about to approve Club-level seats for as much at $2,600. The most expensive tickets last year were $1,250.
The price hike won't just apply to the premium seats. More than 9,000 tickets will be more than double but the goal is for 30 percent of tickets to cost less than $800. The second cheapest groups of tickets aren't cheap. They're going to cost $1,500. They were $950 in New Orleans.
The NFL explained that the huge ticket price hike is a way to bring the tickets more into line with their market value. Tickets tends to sell much higher than face value on the secondary market. For instance, many of the premium tickets that were going for $1,250 last year actually sold for $6,000.
"We are looking to close the gap between the face value of the ticket and the true value of a ticket to what has become the premier sports and entertainment event," NFL spokesman Brian McCarthy said according to the Daily Mail.
Not all tickets are seeing a price hike. The NFL says that is lowering the costs of the cheapest seats from $600 to $500.
The high prices mean that many big fans don't get a chance to buy tickets at their face value.
Each of the two teams get 17.5 percent of available tickets, which comes to about 14,000 each. The NFL also distributes another 25 percent to sponsors and partners.
Every team in the NFL also gets a set number of tickets that they distribute to season-ticket holders through a lottery.
So when it comes down to it, most fans buy their tickets on the secondary market.
The NFL argues that if people are willing to pay the extremely high secondary market prices, that the organization has the right to charge a higher price. The NFL also argues that New Yorkers will be able to afford the higher prices.
This article is copyrighted by Travelers Today, the travel news leader
