T-Mobile Arena is struggling to sellout events

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  • big_james10
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    #31
    Originally posted by TheCell8
    Canelo Khan tickets were priced at $1,500, $1,200, $1,000, $800, $600, $400, $250 and $150. They were still 7000 short of a sellout.
    The Canelo fights that sold so well at Dallas Cowboys stadium in Texas had ticket prices that ranged from $500 to $30. The Canelo/Khan fight did not sell well because GBP made the mistake of thinking that he had two superstars fighting who could sell out an arena and he decided to charge exorbitant prices for Canelo/Khan instead of the usual prices they charge for fights at Dallas Cowboys stadium`

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    • IronDanHamza
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      #32
      I went to the first fight there Khan-Canelo and I've got to say I agree.

      It really is out the way. Whilst bein just off the strip the fact it's off the strip is just inconvenient. Vegas regulars like myself are used to going to fights in an Casino/Hotel where it's very easy access.

      It didn't help that it was pouring down with rain in Vegas on the day of the Khan-Canelo fight. The walk from MGM Grand Hotel to the T Mobile Arena wasn't a pleasant one and a lot of people who had dressed up for the occasion were pissed off.

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      • IronDanHamza
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        #33
        Originally posted by big_james10
        The Canelo fights that sold so well at Dallas Cowboys stadium in Texas had ticket prices that ranged from $500 to $30. The Canelo/Khan fight did not sell well because GBP made the mistake of thinking that he had two superstars fighting who could sell out an arena and he decided to charge exorbitant prices for Canelo/Khan instead of the usual prices they charge for fights at Dallas Cowboys stadium`
        Yeah, those prices are what Mayweayher charges for his fights.

        I was surprised that they charged the sale for that fight.

        That said, there was definitely not 7,000 empty seats in that arena.

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        • Jubei
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          #34
          Originally posted by IronDanHamza
          Yeah, those prices are what Mayweayher charges for his fights.

          I was surprised that they charged the sale for that fight.

          That said, there was definitely not 7,000 empty seats in that arena.
          Common business when it becomes clear fights do not sell out at all, they give so called complimentary tickets for free to certain people, so the atmosphere is better. PBC and Andre Ward have been doing this for years, several other fighters too on certain cards.

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          • .!WAR MIKEY!.
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            #35
            it cause the people who are running t-mobile are crooks.

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            • Eff Pandas
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              #36
              Originally posted by Scipio2009
              Price the tickets accordingly and the venue sells out.
              Idk about this. Revenue beats a sell out. If they are getting more revenue with these marked up secondary seller type prices than other comparable venues they should keep it up. The term sell out is highly overrated. I'd rather make $200k more per event & never sell out than to sell out every event. If that is or isn't the case as far as revenue goes who knows.

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              • MaksBox
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                #37
                the vast majority of Vegas visitors do not rent a car.

                Your vegas experience is to get buzzed before the fight, get **** faced after, then go gamble and party.

                Having to go OUT to Tmo.... not as convenient as sitting at the local bar.

                Hence why MGM fights are successful.

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                • bluzi
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                  #38
                  Originally posted by Jubei
                  The ticket prices for McGregor are way too high, thats the only reason.

                  McGregor already lost against Diaz, McGregor after that loss isnt a huge draw as he once was. Also the whole card is not really interesting. There is not much hype going on.

                  A couple days before the event they still sold almost 90% of the totally overpriced tickets, seems pretty good to me

                  Or was this thread actually another apologist thread for Ward?
                  Finally someone who actually READ , they are 2700 short of selling out a 20k arena for nosebleed prices , they are extermely happy with it , just "selling out" is not an issue for them as they can clearly price them lower and do it in a heartbeat , they are maxmizing their revenue and they seem to hit the sweet spot more or less.

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                  • JAB5239
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                    #39
                    Originally posted by Jubei
                    Common business when it becomes clear fights do not sell out at all, they give so called complimentary tickets for free to certain people, so the atmosphere is better. PBC and Andre Ward have been doing this for years, several other fighters too on certain cards.
                    Where is the proof tickets are comped in Oakland? Is there a major tourst attraction there I'm not aware of?

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                    • Eastcoast
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                      #40
                      Originally posted by JAB5239
                      Why would tickets be comped in Oakland? Serious question. Is there something more to bring fans to the area by providing comps? Also curious where you got your information. Not calling you out, I just don't keep up with these things.
                      Ticket comp'ing is done all the time all over the place whenever an event isn't projected to sell-out. It's generally openly reported.

                      Here's Ward/Dawson:
                      http://www.badlefthook.com/2012/9/12...bo-boxing-news
                      The California State Athletic Commission had its own Rocky story on the night, coming back from the brink of death to finally post some solid figures for a fight in the state. The event sold 7,611 tickets at Oracle Arena, for a gate of $706,469. 1,308 tickets were comped to pad the crowd a little bit, but for recent California cards, that's nothing.

                      Here's an article David Greisman did on some of the past shows:
                      by David P. Greisman - We’ve gone from prolonged frustration to hopeless resignation following the failure of Manny Pacquiao and Floyd Mayweather Jr. to get into the ring with each other. We’ve gone from leveraging to bickering, from negotiation to litigation. We’ve had Pacquiao pursue a defamation lawsuit against Mayweather that has dragged on, with the case spreading to filings in other states, and as their attorneys have filed enough motions that the combined case dockets now probably outweigh both Pacquiao and Mayweather put together. We need some momentary Mayweather/Pacquiao levity. The last location you’d think we’d find it would be back in the judicial system — that same system that has become the only place in which “Pacquiao vs. Mayweather” is a reality. But that’s indeed where we find it, beginning with a one-page, one-paragraph civil motion, scrawled out by hand and filed May 11, 2009, with the U.S. District Court’s Central District of Illinois, located in Rock Island.

                      You could look at the attendance figures for last month’s fight between Adrien Broner and Vicente Escobedo from two angles.
                      The seven-fight card at the U.S. Bank Arena in Cincinnati, Ohio, had a total attendance of 4,596, with 4,296 sold tickets and 300 tickets given away for free, according to the Ohio Athletic Commission.

                      However, the card brought in a total gate of only $136,890. That means that tickets sold, on average, for less than $32. On the surface, this could seem bad, but this could also be taken as an investment in a boxer who has now fought 11 of his 24 pro fights in his native Cincinnati, with two of his last three being at the U.S. Bank Arena.

                      He’s building a following, albeit at a lower price, but that could create a growing customer base that will come out in the future, and perhaps pay more for the pleasure.

                      That’s not as applicable an argument, however, if a majority of those tickets were sold at a discount. While Broner-Escobedo was one of four major cards in the United States in June and July to sell more tickets than it gave away for free, half of the eight major cards were the complete opposite, with more freebies than sales.

                      The other three to have more sold than free:
                      • The June 9 card at the MGM Grand in Las Vegas featuring Manny Pacquiao vs. Timothy Bradley had 13,229 tickets sold for a gate of $8,963,180, with 925 tickets comped.
                      • The June 16 card at the Sun Bowl in El Paso, Texas, featuring Julio Cesar Chavez Jr. vs. Andy Lee had 10,799 tickets sold for a gate of $756,461, with 2,677 comped tickets.
                      • The July 7 card at the Home Depot Center in Southern California featuring Nonito Donaire vs. Jeffrey Mathebula and Kelly Pavlik vs. Will Rosinsky sold 2,667 tickets for a gate of $149,246, with 677 tickets comped.


                      The four with more free than sold:
                      • A June 2 quadruple-header at the Home Depot Center headlined by Antonio Tarver vs. Lateef Kayode had 1,200 sold tickets and a whopping 5,810 comps, for a total gate of $84,676.25.
                      • A June 23 card at the Staples Center in Los Angeles headlined by Victor Ortiz vs. Josesito Lopez had 3,479 sold tickets and 3,862 comps. I couldn’t find the total gate while researching figures this weekend.
                      • A July 14 card at the Mandalay Bay Resort & Casino in Las Vegas featuring Amir Khan vs. Danny Garcia had 3,147 sold tickets and 3,365 comps, for a total gate of $426,150.
                      • And the July 28 card at the HP Pavilion in San Jose, Calif., featuring Robert Guerrero vs. Selcuk Aydin had 2,891 sold tickets and 3,126 comps, for a total gate of $209,422. (The above figures came via Keith Kizer of the Nevada State Athletic Commission, Dan Rafael of ESPN.com and Mark Ortega of queensberry-rules.com.)

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