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Empty Seats Convince Yankees to Cut Ticket Prices

Published by on April 28, 2009
Article Source: Bleacher Report - MLB

The New York Yankees announced Tuesday that they are lowering the prices of many of their premium seats and giving out free tickets to fans in certain premium sections. Fans who have already purchased packages for the affected seats will be able to obtain a refund for the remaining games.

The drastic price cuts—as much as 50 percent for a number of $2,500 front-row seats in the Legends Suite section—were made in response to a significant number of empty seats in five of the team’s first six home games at the new Yankee Stadium.

The empty seats were an embarrassment for the Yankees and were an illustration that the ticket prices, which were set before the recession, were too high for the current econo...

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