A great innovation to sports: bad play = free ticket
I hate paying for a game only to see my team lose. It’s a reason I rarely shell out $30 for games since I know there’s like a 50/50 chance of my team mailing it in (especially true in baseball when key players are resting).
I have long wanted to pay only if my team wins, and it seems like there is progress on this idea.
Via SportsBiz with Darren Rovell, a CNBC blog:
After a bad loss to the Los Angeles Galaxy, the Seattle Sounders said they’d refund their season ticket holders for the game because of how poorly the team played.
The idea reportedly came from a player, Steve Zakuani, who said that the fans shouldn’t have to pay. Remarkably, the Sounders soon announced that the game would in fact be refunded to the team’s 32,000 season ticket holders.
The catch here is the “refund” was really a credit towards tickets for the next year. Not perfect but a step in the right direction. For the team, the extra attendance can obviously benefit both concession sales and advertising revenue.
The article goes on to discuss a case in European soccer where players personally footed the bill to refund fans after a bad performance. How I would love to see an American team follow.
There is also mention of a minor league team selling “win insurance” which works exactly as it sounds. For a $2 premium, you get a refund if your team loses.
I would love to see these products become more widespread. I would probably spend up to 33 percent on win insurance–a $30 ticket with insurance would be $40 if they win and only $10 if they lose.
What do you think about refunding tickets after bad play? Would you buy “win insurance”? How much would you spend on it?
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