Word: ticket
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Dates: during 2000-2009
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Chris Reynolds, a self-employed public-relations specialist, wasn't about to miss a playoff game for his beloved Philadelphia Phillies, who have won just a single World Series title in their 126-year existence. So Reynolds didn't hesitate to shell out $80 for his ticket earlier this month to watch his team pound the Los Angeles Dodgers on a perfect October afternoon at Citizens Bank Park...
...those were the days of the $10 ticket, when professional sports was a very different business. Today, sports economics are inextricably tied to the fate of deep-pocketed corporations. Many sports facilities have been upgraded and located within gentrified business districts, and teams cater to high-end clientele through luxury suites, driving up prices for all fans. As workers see their savings erode, they will probably be less willing to pay stratospheric ticket prices, which fund the cartoonish salaries of sports stars. Likewise, companies that dish out millions for sponsorships won't be able to justify sports-marketing expenditures...
...been on the verge though—Wyclef Jean, Jurassic 5, and Snoop Dogg were all scheduled to perform at Harvard, though all would eventually cancel due to poor ticket sales, logistical complications, and other road bumps...
...Though Trojan provided more money than past public sponsors and ultimately determined where proceeds would go, the HCC as still very much in charge and, unlike the other colleges on the Evolve tour, the Concert Commission charged students per ticket...
...during those bad years? Nada. Zipo. No real fans, whatsoever, and the ticket sales have suffered as a result...