Super Bowl News - PR Web (2011)

Is there such a thing as a Recession-proof economy?? VIPSuperBowlTickets.com thinks so- Super Bowl XLV in Arlington!

Buffalo, NY (PRWEB) January 19, 2011

The fundamental state of our economy is in crisis! The American economy is in retreat. National unemployment is holding steady at nearly 10 percent, and no one is forecasting lower numbers for 2011. The Federal Government is printing money as fast as they can to help Congress cover the exploding and unprecedented US National Debt. Experts are warning of a total collapse of the US Dollar and point to the rising prices of Gold & Silver as evidence of a lack of faith in the Federal Reserve and policy makers in Washington.

How then can anyone justify classifying Super Bowl XLV in Arlington as recession-proof? Is there a crystal ball out there clear enough to predict this year's Super Bowl Business??

It's all about Supply and Demand, football common sense and Super Bowl business experience. Let's look at the facts.

First, the Football Facts.

The Pittsburgh Steelers, New York Jets, Chicago Bears or the Green Bay Packers will be entertaining the world on February 6, 2011 in Super Bowl XLV in Dallas, TX. The National Football League (NFL) is guaranteed of a dream match-up for this year's recession-proof Super Bowl Economy!

This week there is a feeling of euphoria in these cities. Steeler Nation and Packer Fans alike have a passionate fan base who would more likely than not give away their first-born child for tickets to the big game. The Steelers last participated in Super Bowl XL in Detroit, MI and Super Bowl XLIII in Tampa, FL as there were significantly more Steeler Fans in attendance at the Super Bowl than those of their small market opponents Seattle and Phoenix. No way will the fan support come from just one side for this Super Bowl! The NY Jets and the Chicago Bears are large markets that are in the picture with generations of rabid fans and corporations with deep pockets! Any way you slice it, this year's match-up will feature teams that will spike demand.

Supply and Demand.

For those fans lucky enough to win the Super Bowl Lottery they will have to fork over either $1,000 for Club Seats or $800 for any other seat location. That's the face-value price!

The secondary market for Super Bowl tickets is much like the stock market. The question is will Super Bowl prices rise or fall in the days leading up to the big game?

Ticket Brokers are offering Super Bowl tickets in the range of $2,500- $10,000 per ticket. Super Bowl ticket prices and packages are trending up approximately 15-20% in comparison to last year's game when two small market teams Indianapolis and New Orleans played in Super Bow XLIV.

"VIPSuperbowlTickets.com has had to increase their ticket and hotel package prices by about 20 percent in comparison to last year's game, said Nick Giammusso President & CEO of VIPseats.com.

Super Bowl ticket prices and packages will be hotter than normal this year. It's Economics 101.

Let's start with Supply. The Superbowl game will be played at Cowboys Stadium which will have a seating capacity that will be about 95,000 for this mega event. In comparison, last year's Superbowl, which was held at Sun Life Stadium in Miami had seating for 78,000. Using simple math, one can see that supply of Superbowl tickets will be approximately 17,000 (or 18 percent) more than last year's availability.

Will this increase in Supply of tickets be enough? No! Unlike the Federal Reserve, the NFL cannot keep printing Super Bowl tickets to meet demand. Unfortunately or fortunately, supply is fixed at 95,000 or so seats!
          
Now let's look at Demand. This year's Super Bowl demand on tickets, hotels, hospitality and airfare can be described in one word: With either of the Jets, Steelers, Packers or Bears as participating teams- Huge!

One such variable that cannot be ignored is the state of the US economy. As weakness in the housing market and weakness in the Dollar pushes the US economy further into recession will Super Bowl ticket buyers balk at ticket prices that are now starting at $2,500 per ticket and complete travel packages that run $3,495 per person and up?

The Corporate Business out of New York or Chicago will pressure supply as well as the upper middle class fan base out of Green Bay and Pittsburgh markets. Although Pittsburgh and Green Bay are considered small market teams, both organizations do have a huge national following that travels well and both will definitely spike demand.

Other factors sure to further spike demand include Arlington's geographical location and the corporate-rich Dallas/FortWorth area businesses.

In terms of geographical location, Arlington sits in the middle of the country with relatively short air travel times for football fans from both the East and West coasts. The Dallas/Fort Worth Metroplex is home to numerous corporate headquarters. The metropolitan area is home to over 10,000 corporate headquarters making the Dallas/Fort Worth Metroplex the largest corporate headquarter concentration in the United States. Major companies that call this area home include American Airlines, AT&T, Texas Instruments, Exxon Mobil, Electronic Data Systems (EDS), Southwest Airlines, Blockbuster and RadioShack to name a few.

So sitting here with these four teams in Super Bowl contention today, in terms of a successful Super Bowl XLV business, Super Bowl XLV will have a great match-up no matter who wins the AFC and NFC Championship games next Sunday and that's good news for fans watching at home and anyone in the Super Bowl business.