Friday, June 29, 2007

Ticket Futures--Purdue


Adam Smith's invisible hands of the are the champion of assessing the value of a good or service (all those with socailist tendency will please be quite and learn). The prices listed below are from StubHub.com and are for the cheap endzone seats at Ross Ade Stadium in West Lafayette, Indiana. These tickets, which are sold out have a list price of $126 or about $21 per game. Chippewa fans can go to the September 15th game as a very reasonable $9. Fighting Irish and Buckeye fans will pay a significant premium. Te purpose is not to judge the buyer or seller but over the next several weeks look at the the secondary market for game tickets.


Eastern Illinois at Purdue Football Tickets 9/8$9
Central Michigan at Purdue Football Tickets 9/15$9
Notre Dame at Purdue Football Tickets 9/29$99
Ohio State at Purdue Football Tickets 10/6$79
Iowa at Purdue Football Tickets 10/20 $16
Northwestern at Purdue Football Tickets 10/27$13
Michigan State at Purdue Football Tickets 11/10$14
Total Revenue (best case) $239
Total Cost$126
Profit (best case)$113

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