Yankees President Randy Levine was asked yesterday about Hal Steinbrenner's admission that some tickets at the new stadium "might be overpriced." Here was his response:
"I think the amount of seats we're talking about, so there's no misunderstanding here, is maybe 150 to 200 seats," he said. "We continue to look at it. This is a marketplace-driven system.
"We've done extraordinarily well in all of the premium seats, over 80 percent. I believe the stadium will be sold out [tomorrow]. I think we're doing great. We're sensitive to the economy. We've taken steps to be sensitive to the economy, letting people stretch payment plans and things along those lines.
"And seats are moving. As I've said before, they may not be moving as quickly as they have in years past. I think that's the effect. But they are moving."
He was also asked if the Yankees might considering lowering the price of tickets in the future:
"We'll see," he said. "Like any business, that's what Hal was talking about, we'll see. Right now, the fans are buying the seats. Maybe not as quickly as they did in years past, but they're buying it.
"If next week we decide to do something, we'll do it. If two years from now we decide to do it, we'll do it. Standing here today there are no plans to do anything. But we look at this every single day."
It's all about supply and demand; if the people are buying the tickets, the prices won't budge, if they're not, the Yankees will have no choice but to drop the prices.
4 Comments:
LEVINE couldn't tell the truth if his life depended on it. he thinks its his job to defend all things Yankee (right or wrong).
He's done nothing for the franchise since he came on board in 2000 except consolidate power as the Boss slips furhter out of the picture.
I can't disagree with anything you said.
I hate Randy Levine. I think he's one of the major reasons Joe Torre isn't here anymore. It was no secret that those two collided a few times.
Levine is a schmuck.
Mike
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