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Cavs Ticket Questions, Policies, and STH Concerns

Do Not Sell My Personal Information
I believe there are lots of false rumors and speculation and confusion out there. Again, I do not believe the Cavs never told ticketholders they cannot sell on flash seats, could not sell for a certain price or could not sell more than x amount. Again, I do not believe this has been stated by the Cavs nor do I belive this is in the contract. If the Cavs started locking accounts just because of selling too high or too many without warning ticketholders, then I have a real problem with this. Because I do not beleive we have eard of this happening (other than mere "flagging" to see if it's a broker), I'm going to file this away in the false rumor file unless I learn otherwise.

The prohibition in the season ticket contract is against selling in a public forum other than flash seats. It appears this is being enforced. I'm fine with this since it's in the contract we all signed. I may not agree with it, but no one can claim they did not or should not know of this restriction.

I also think the wild fears about how high tickets will be sold for is misplaced--at least to date. I have not too date seen very high priced sales, other than for a pair of Jack Nicholson floor seats. Sure more than usual, but nothing that shocks the consious. I think the vast number of seats for sale will bring the price down. (I also believe, however, that the restrictions on selling on other venues and possibly escalating enforcement of this restriction will work in the opposite way and actually cause flash seats prices to increase by limiting competition).

Still, there is a limit that Clevelanders will pay. The opening game is not game 7 of the Finals.
 
Redzone said:
I believe there are lots of false rumors and speculation and confusion out there. Again, I do not believe the Cavs never told ticketholders they cannot sell on flash seats, could not sell for a certain price or could not sell more than x amount. Again, I do not believe this has been stated by the Cavs nor do I belive this is in the contract. If the Cavs started locking accounts just because of selling too high or too many without warning ticketholders, then I have a real problem with this. Because I do not beleive we have eard of this happening (other than mere "flagging" to see if it's a broker), I'm going to file this away in the false rumor file unless I learn otherwise.

The prohibition in the season ticket contract is against selling in a public forum other than flash seats. It appears this is being enforced. I'm fine with this since it's in the contract we all signed. I may not agree with it, but no one can claim they did not or should not know of this restriction.

I also think the wild fears about how high tickets will be sold for is misplaced--at least to date. I have not too date seen very high priced sales, other than for a pair of Jack Nicholson floor seats. Sure more than usual, but nothing that shocks the consious. I think the vast number of seats for sale will bring the price down. (I also believe, however, that the restrictions on selling on other venues and possibly escalating enforcement of this restriction will work in the opposite way and actually cause flash seats prices to increase by limiting competition).

Still, there is a limit that Clevelanders will pay. The opening game is not game 7 of the Finals.
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You really think prices will go down?....I say they go up once people realize they don't get tickets the first month of the season and what a Hassle the lottery is
 
Hutch316 said:
You really think prices will go down?....I say they go up once people realize they don't get tickets the first month of the season and what a Hassle the lottery is
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Yes and no. I'm just going by opening day. There's about 15 pages of seats listed on flash seats, which is A LOT (10 pages is about the most you would see in the past). People are not paying the high prices.....yet. So the asking price may drop as time goes on, assuming the sellers need to sell. (they may just go to the game if they don't get their price).

But, like you said, prices may increase if the lottery proves not many seats are available and if the Cavs enforcement of its ban on fans using other publicly traded forums means flash seats is the only forum to buy tickets. If fans are then afraid to sell on flash seats because of the rumors (and there is no indication of this), then an evern lower supply would cause prices to skyrocket.

Still, this is Cleveland and not NY or Chicago. There is a limit on how much Ohio fans will pay. I don't think the opening day is as important as a playoff game, and I have season tickets. I think the game is overhyped. Maybe that's because I already saw LeBron introduced to Cleveland fans yesterday.

Should be interesting to see what happens.
 
I think seats will be sold above face value for most games all season, you'll hardly see anything ever below face. I don't see opener prices dropping at all though, but that's just my opinion.
 
I figure I'll put my 2 cents in…. I was a season ticket holder during the first LeBron era, and played the Flash Seats game pretty hard. I sold off about half the games. At that time, there was zero fee to the season ticket holder to re-sell. The buyer paid a pretty steep price- 25% I think. One thing that I think held true was that the closer the game got, the lower the prices got. On several occasions I sold off my tickets a week before the game, went up to Cleveland the day of the game. I ended up bidding on several seats while slamming a couple beers at Panini's 1 hr to 30 minutes before tipoff and usually ended up with seats well below face in lower deck or club level. This wouldn't work for "prime" games, but most of the time it was fine. The "bidding" system allowed for some desperate person to unload the seats right before the game. I think that prices will hold strong this season, but will definitely come down to a more reasonable level for "non prime" games (Tues. night vs. Hornets, ect).

I know that people are fussing about the supposed monopoly that the Cavs are creating with flash seats. I personally think that it's genius. It looks like with the new seller fee and the buyer fee they are probably making 30-35% on the transaction. If they didn't make the money, then other secondary markets would. I think stub hub and other online sources are making somewhere in the 25-35% range when you consider both buyer fees and seller fees. I'd much rather the Cavs make this money than other sources. I also think that it's great that they are avoiding selling to brokers who will buy large quantities. Certainly a lot of the tickets being bought will be re-sold; better it be NE Ohio individuals than big brokers. People think that the Cavs will make all kinds of money now- and, they will. However, the last season in which LeBron was here, the Cavs actually lost money due to luxury tax. They needed to make the Eastern Conference Finals to break even and needed to make the Finals to turn a profit. They can only make so much on ticket sales. 2-3 years down the road, they'll need alternative revenue sources to pay all of the luxury tax. People think Dan Gilbert will pay anything to win- and, I think he will. However, if a great team still isn't turning a profit due to luxury taxes, I'm sure the minority owners won't go for it.

If you are "Transferring" multiple tickets to others, they can't really fuss at you for that b/c there is no proof of them being sold. Now, if you are "transferring" pretty much all the games to random different people, they may see something odd going on. If someone on this site for instance, was a good Samaritan and wanted to sell off a few games w/out the flash seat fees you could do so by messaging someone on this site, agreeing to a price, and paying via paypal to avoid the fees. You have to be careful with that though, too- I certainly would want to make sure anything posted on here wouldn't get back to me the seller (username, section/row number). I'd also sell off a few games to the same person- making it look like a friend, not selling off one game to multiple random people. At the end of the day, this is all being probably too picky. As long as you are reasonable i think it will all be good. I think that the Cavs are just really trying to make it so that the season ticket holders (particularly new ones) are actually attending some of the games and are not in it just for profit.
 
I know that people are fussing about the supposed monopoly that the Cavs are creating with flash seats. I personally think that it's genius. It looks like with the new seller fee and the buyer fee they are probably making 30-35% on the transaction. If they didn't make the money, then other secondary markets would.
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If the Cavs are losing money before reaching the ECF, they've priced their tickets too low on the primary market.

Just because a company is losing money doesn't mean they get to establish monopolistic practices.

If the Cavs really wanted to maximize revenue, they would have started every seat at $1000 and slowly reduced the price as it got closer to game time.

If they did that - brokers won't buy because the price is always going down, fans pay what they think it's worth to attend the game or risk missing out waiting for a cheaper seat and the Cavs get the maximum amount of revenue for each game.

Right now, we've got about 5000 people who think they've won the lottery and are trying to recoup the entire cost of their season tickets on the first game and about 1000 people who think they need tickets at any price. The math doesn't work.
 
I can only imagine how playoff lottery is going to work for season ticket holders/general public. Yikes.
 
As a season ticket holder you get every playoff game.
 
Who says people are not buying those on flashseats? I see them sold for opening night all the time. BTW as of now there are 1700 tickets for sale on flash and for the lottery there is only 1800 tickets. .....trust me after the first wave of lottery goes thru more people will be buying off flash because there is no alternative. .....I think selling lowers will be easier than uppers
 
From what I was told it depends if you sign up for next year.
 
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