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T-Mobile Arena is struggling to sellout events

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  • T-Mobile Arena is struggling to sellout events

    Maybe Ward's team was onto something when they had second thoughts about staging the fight at the T-Mobile arena?

    For those that are unaware, McGregor Diaz 2 is being staged at the T-Mobile yet they are still 2700 tickets away from a sellout and the fight is two days away. The Ticket prices range from $365-$9,995, but apparently the main reason for the lack of ticket sales is that the arena isn't attached to a casino.

    From ESPN's Darren Rovell

    Roger Jones of Vegas Tickets, among the biggest resellers of UFC tickets, says the main factor is the new T-Mobile Arena. Having a permanent venue that is not tied to a casino, Jones said, has allowed people who wanted premium tickets to reserve them ahead of time. That means there are fewer people and companies looking for the best seats on an event-by-event basis.

    "It's affecting everything in this arena, including concerts," Jones said. "If you are Turner Construction, a big company here, you've already purchased your suite. Even a guy who has a business with decent presence in Las Vegas isn't looking around for seats at the last minute because he already got club-seat rights."

    Even on a reduced price, Jones is reselling the $365 tickets at $250, and the $2,950 seats at $1,800.
    If They're having trouble selling out Diaz vs. McGregor, then what does that mean for Kovalev vs. Ward?

    Keep in mind the Canelo vs. Khan fight wasn't a sellout either. They sold 13,000 tickets in a venue that holds 20,000.

  • #2
    Pretty interesting. Boxing especially steer clear of there.

    Comment


    • #3
      Originally posted by TheCell8 View Post
      Maybe Ward's team was onto something when they had second thoughts about staging the fight at the T-Mobile arena?

      For those that are unaware, McGregor Diaz 2 is being staged at the T-Mobile yet they are still 2700 tickets away from a sellout and the fight is two days away. The Ticket prices range from $365-$9,995, but apparently the main reason for the lack of ticket sales is that the arena isn't attached to a casino.

      From ESPN's Darren Rovell



      If They're having trouble selling out Diaz vs. McGregor, then what does that mean for Kovalev vs. Ward?

      Keep in mind the Canelo vs. Khan fight wasn't a sellout either. They sold 13,000 tickets in a venue that holds 20,000.
      That's only part of the article. The bigger reason is that the new owners have jacked up ticket prices to match what they were on the secondary market. They're looking to gouge fans off the start.

      Ward/Kovalev ticket prices should be considerably cheaper than UFC 202 or Canelo/Khan.

      Comment


      • #4
        This guy is a boxing ticket broker out of Vegas, looks like the found a new nick-name for T-Mobil arena.


        Comment


        • #5
          Originally posted by TheCell8 View Post
          Maybe Ward's team was onto something when they had second thoughts about staging the fight at the T-Mobile arena?

          For those that are unaware, McGregor Diaz 2 is being staged at the T-Mobile yet they are still 2700 tickets away from a sellout and the fight is two days away. The Ticket prices range from $365-$9,995, but apparently the main reason for the lack of ticket sales is that the arena isn't attached to a casino.

          From ESPN's Darren Rovell



          If They're having trouble selling out Diaz vs. McGregor, then what does that mean for Kovalev vs. Ward?

          Keep in mind the Canelo vs. Khan fight wasn't a sellout either. They sold 13,000 tickets in a venue that holds 20,000.
          The venue seats 20k, and McGregor-Diaz II, especially at a $350-$10k price point, isn't going to move that many tickets ever. Even Mayweather-Pacquiao didn't price their ringside seats that high.

          Price the tickets accordingly and the venue sells out.

          Comment


          • #6
            T-Mobile arena need to get those casino next door ASAP

            Comment


            • #7
              Originally posted by TheCell8 View Post
              Maybe Ward's team was onto something when they had second thoughts about staging the fight at the T-Mobile arena?

              For those that are unaware, McGregor Diaz 2 is being staged at the T-Mobile yet they are still 2700 tickets away from a sellout and the fight is two days away. The Ticket prices range from $365-$9,995, but apparently the main reason for the lack of ticket sales is that the arena isn't attached to a casino.

              From ESPN's Darren Rovell



              If They're having trouble selling out Diaz vs. McGregor, then what does that mean for Kovalev vs. Ward?

              Keep in mind the Canelo vs. Khan fight wasn't a sellout either. They sold 13,000 tickets in a venue that holds 20,000.
              The simple point is that Kathy Duva drastically overstates her actual position in things, and that's happened for basically every negotiation that's been had.

              After she couldn't even sell 1,000 tickets for Kovalev's fight at Mandalay, Duva's foolish self keeps pushing to stage a fight at a 20k-seat venue (rather than making the business move to consider staging the fight at Oracle Arena, a venue where Andre Ward is basically selling 9k tickets on the strength of just his own name, or even considering taking the fight to Barclays Center in New York).

              For a person who's been in the game for as long as she's been, Duva makes a lot of bad business decisions.

              Comment


              • #8
                Originally posted by Scipio2009 View Post
                The venue seats 20k, and McGregor-Diaz II, especially at a $350-$10k price point, isn't going to move that many tickets ever. Even Mayweather-Pacquiao didn't price their ringside seats that high.

                Price the tickets accordingly and the venue sells out.
                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.

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                • #9
                  Im all for cheaper tix

                  Comment


                  • #10
                    Originally posted by Scipio2009 View Post
                    The simple point is that Kathy Duva drastically overstates her actual position in things, and that's happened for basically every negotiation that's been had.

                    After she couldn't even sell 1,000 tickets for Kovalev's fight at Mandalay, Duva's foolish self keeps pushing to stage a fight at a 20k-seat venue (rather than making the business move to consider staging the fight at Oracle Arena, a venue where Andre Ward is basically selling 9k tickets on the strength of just his own name, or even considering taking the fight to Barclays Center in New York).

                    For a person who's been in the game for as long as she's been, Duva makes a lot of bad business decisions.
                    Andre Ward hasn't sold 9,000 tickets in Oakland since November 2009 when he fought Kessler. Attendance for his last two fights were below 9,000 and the Smith fight was right at 9,000 but heavily comp'd. There won't be any group-on deals in Vegas.

                    Duva went with MGM because they were guaranteed the site fee, which would be as much as they'd get out of Ward's luke-warm Oakland fans. Ward only sold 7,600 tix vs Dawson.

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