The Daily Parker

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Economics 201 and baseball

Via my college friend D.M., the New York Mets and Yankees have discovered the Intro to Microeconomics lesson of the effect of higher prices on quantity demanded, a.k.a. "overcharging:"

OK, so neither the new Yankee Stadium nor its counterpart in Flushing can handle the capacity of their predecessors. Fine. But where are the 53,070 people who came nightly to the old Yankee Stadium in 2008, and where are the 49,902 who showed up every night in the final season of Shea Stadium?

So far, the Yankees are averaging 44,636 in their new crib, the Mets 38,806. If baseball is so popular in this town and Yankees and Mets games truly are must-see events, as both clubs insisted throughout the offseason, why aren't there 10,000 people milling around outside their ballparks every game night, trying to buy up every last ticket in the house, and the rest going home empty-handed and disappointed?

One of the reasons, of course, is simple and self-evident. It's the economy, stupid. But in a metropolitan area that certainly has more than 83,442 people - the combined average attendance at both parks - wealthy enough to buy their way into these exclusive clubs dressed as ballparks, there has to be something more to it.

So how high are the prices at Citi and Yankee? High. But hard to break down easily. For today's game against the Marlins, fans have 29—yes, twenty nine—price levels, from the $19 "Promenade Reserved" section near LaGuardia, up to the $375 "Delta Club Gold" section sitting on a diamond-encrusted golden throne in the Mets' dugout. The seats I would look for, upper deck box seats in the infield (Citi sections 406-428, the "Promenade Box") are $35.

Wrigley, today, has three price levels left (because the park is nearly sold out), $56 for upper deck box infield up to $90 club box infield. (Good seats, though--the $56 seat is right above home plate.)

I should point out, both the Mets and Yankees are in first place today, and the Cubs...well, they're not, but they are at least one game above .500.

So is it just the price of going to the park that is keeping people away from New York baseball parks? Or is it something else?

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