I'm assuming most people writing and reading this blog are either in college or in the middle class, maybe both. And that means we make a lot of decisions based on economic impact on our lives. Jobs, cars, homes, loans of any sort, credit card payments, grocery shopping, fuel and energy consumption, we keep a close eye on these things.
But hockey? I honestly don't even want to begin to add up my costs per year on hockey.
- Detroit Trip once per year: 3 hr drive to Phx airport, plus parking, flight, hotel, food, tickets to the Joe, 90-100 beers/shots
- Phoenix Coyotes 4 games per year: 3.5 hour drive to Glendale, pregame drinking, 8 tickets because I usually bring a guest, bail money
- NHL Center Ice because I'm not in college anymore and don't need to ask for a stream
- NHL Gamecenter because I'm on the road so much
- And all the crap I buy to show off my fanhood. Hats, shirts, memorabilia, octopus
It gets to be quite severe. But I'm having trouble working one thing out, economically, that the NHL has brought to my attention with the cancellation of the Winter Classic.
Their paragraph reads:
"The Red Wings will communicate with each of their original ticket purchasers via email by Tuesday, November 6 and provide the option of a.) recieveing a full refund on tickets and associated fees or b.) maintaining their tickets for future Winter Classic and Winter Festival events."
You know, because we're actually going to have it next year.
It is interesting though because I'm not sure what will happen with ticket prices. First and foremost though, is the time value of money. Buying tickets for more than just the current season is optimal when you apply the concept of discounted cash. I don't wish to sound like an accountant here though, so I'll put the next reason up for holding on to those tickets. How much to you really think ticket prices will change? We all know what a bunch of greedy f***s the owners are, and let's face it, they aren't going to get what they want from the next CBA. Their best bet: raise ticket prices to make up the difference. I doubt they'll raise them that much, but I'd be willing to bet a couple tickets to this year's Winter Classic that they raise them a noticeable amount.