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Cavs Ticket Questions, Policies, and STH Concerns

Do Not Sell My Personal Information
I recall that some were wondering why the seller fees percentage on Flash Seats varied from a straight percentage. Cleveland has a 4% admissions tax that is assessed I believe on the difference between the sales price and original purchase price. I'm guessing, haven't sold any tickets myself, that the sales tax of 8% plus the admissions tax calculated in this matter might represent the total seller fees.
 
Yeah, the price people pay for season tickets is significantly lower than single games.

For instance, the tickets going for $250 on Flash seats for the home opener may have been $30 for a season ticket holder, but if you won the lottery and bought them as a single game, they would have been around $110 + fees.

So yes, prices on Flash Seats can be had for around 2-2.5x face value for single game tickets
 
This whole lottery system for tickets other than the home opener really sucks, I was planning on getting tickets for the Saturday night game against the Pacers and I did in fact get into the lottery today. But I didn't have enough time to talk to a few people to confirm if they wanted to go so I missed out and now cannot get any. I mean I guess it cuts back slightly on ticket scalping, but for the fans who have been here over the years it really really sucks.
 
beefstew said:
This whole lottery system for tickets other than the home opener really sucks, I was planning on getting tickets for the Saturday night game against the Pacers and I did in fact get into the lottery today. But I didn't have enough time to talk to a few people to confirm if they wanted to go so I missed out and now cannot get any. I mean I guess it cuts back slightly on ticket scalping, but for the fans who have been here over the years it really really sucks.
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I feel your pain but I have to strongly disagree. Chances are tickets would have been gone just as quickly if they released them all to the general public at once. The tickets are in such high demand that you almost need to confirm attendance from everyone in your group prior to even winning the lottery, almost like playing a "what if" scenario, so that if you did win you already know the next steps.
 
Dr. KnOiTaLL said:
You were right, cj, it's taking forever for the season to get here!
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They keep teasing us with new court designs, new uni's, social media posts following the team in Brazil. I even bought NBA 2K15 last night just to hold me over. I'm 30 years old and haven't bought a video game in 3 years.

At least we're officially 3 weeks away today.
 
cjbradham said:
They keep teasing us with new court designs, new uni's, social media posts following the team in Brazil. I even bought NBA 2K15 last night just to hold me over. I'm 30 years old and haven't bought a video game in 3 years.

At least we're officially 3 weeks away today.
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Yeah, I'm 29 and using Madden to hold me over. Football DID just get here, and I enjoy football, so it's doing the trick.
 
It's interesting to look at FlashSeats. There's 22 pages of offers, but if you list them in decending order of asking price, the first recent sale doesn't occur until page 10 - Asking price $755, sold for $325. The next sale doesn't happen until page 12.

I'm curious how many sellers listed seats because "I don't want to miss this unless someone throws me stupid money." and how many thought they were going to get rich by looking at the asking prices and assuming that's what they could expect to get for their tickets.

If there's more of the latter than the former, I'd expect prices to crater closer to game day as people start wanting to cash out for something.
 
westsidebob said:
It's interesting to look at FlashSeats. There's 22 pages of offers, but if you list them in decending order of asking price, the first recent sale doesn't occur until page 10 - Asking price $755, sold for $325. The next sale doesn't happen until page 12.

I'm curious how many sellers listed seats because "I don't want to miss this unless someone throws me stupid money." and how many thought they were going to get rich by looking at the asking prices and assuming that's what they could expect to get for their tickets.

If there's more of the latter than the former, I'd expect prices to crater closer to game day as people start wanting to cash out for something.
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That's crazy, I just noticed that myself. I think people vastly over-valued how much they'd make from this game, but I think some of the tickets will start to either be bought or pulled in the next couple of weeks. By the time Oct 30th gets here I think it will be down to about 7 pages of tickets on Flash Seats, but no way are people going to pay what the asking price is right now.
 
I have my seats listed because I bought a group of seats during the presale so that I could go with my friends. It's hard to know what the tickets are actually worth because you can't see the face value so when I listed mine there were some that sold around me so I put mine up for about that price.
 
westsidebob said:
It's interesting to look at FlashSeats. There's 22 pages of offers, but if you list them in decending order of asking price, the first recent sale doesn't occur until page 10 - Asking price $755, sold for $325. The next sale doesn't happen until page 12.

I'm curious how many sellers listed seats because "I don't want to miss this unless someone throws me stupid money." and how many thought they were going to get rich by looking at the asking prices and assuming that's what they could expect to get for their tickets.

If there's more of the latter than the former, I'd expect prices to crater closer to game day as people start wanting to cash out for something.
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It appears there are not many premium seats available, i.e.., four lower bowl sections to the side of the court. Most of the seats on flash seats are upper deck, many nosebleeds. Now that the lottery is over, the market inventory is set, and tickets being sold on forums other than flashseats are being watched and, I believe, confiscated by the Cavs . My belief is the nosebleed prices will fall, given the supply (and since I believe many owners are new and looking to sell rather than go to the game), and the premium seats will start to sell for large amounts as the hype mounts and supply shrinks. I also believe that there are strong sellers for premium seats, i.e., die hard Cavs fans who will go to the game versus lower their prices to sell. While in years past buyers got cheaper prices if they waited, I think those days are gone: waiting may cause prices to increase as supply dwindles closer to the game.

Things will sort out, but I believe the rules of the past four years are not in operation.
 
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