Result Highlights

Beyond seat location, several external factors significantly increased ticket prices:

  • Better & big market opponents (playing the Lakers raised courside ticket prices by over $1,000)
  • Availability of Steph Curry (his absence decreased average lower bowl ticket prices by about $15)
  • Weekend games & earlier game times (both factors raised lower bowl ticket prices about $40)
  • Purchasing further out from the game (gameday ticket prices dropped around $50 on average)

The following graphics showcase the predicted ticket prices for each seat in an individual game:  

General Seating: (Most expensive tickets are red)  
Image  

Courtside: (size of seat is predicted price)  
Image  

 

Exploratory Analysis

External Game Factors

Opponent:  
Games against high-winning-percentage or big market teams tend to have higher average ticket prices:  
Image

 

Weekday:  
Ticket prices are highest on weekends (especially Saturdays) and lowest on Mondays and Wednesdays:  
Image

 

Star Player Impact:  
Average ticket prices dropped during the 15 games Steph Curry missed in 2022:  
Image Image  

Curry missed just 5 games in 2023, but those games again saw lower ticket prices:  
Image Image  

 

Gametime:  
Most games started at 7:00, but the 25 earlier games (21 at 5:30) saw lower average ticket prices:  
Image  

 

Time of Purchase:  
Tickets bought further in advance were more expensive, with prices dropping sharply on gameday:  

Graph
Categories: Image

 

Stadium Areas

The following sections were deduced with the data provided:  
Image Image  

Bowl:  
I assigned the following sections within the arena based on seat location and club access:  
Image Image  

Courtside & Floor:  
I further split up the floor by side of the court:  
Image Image  

 

Seat Features

Row:  
Average ticket prices decrease as seat rows get farther from the court:  
Image  
This trend is especially strong in the lower bowl:  
Image  
In the upper bowl, row number has less impact on ticket price:  
Image  

Front Row Views (FRV):  
Many non–row 1 seats are positioned above tunnels or entrances with no seats in front. I labeled these as “front row view” seats (example below: seats overhanging the player tunnel):  
Image  

 

Wheelchair Access (WCA) Areas:  
In the lower bowl, wheelchair-accessible (WCA) seating is specifically located at the back of sections:  

Graph
View from seat: Image

 

In the upper bowl, wheelchair-accessible (WCA) seating is located near the front or middle of sections:  

Graph
View from seat: Image

 

Price Graphs With New Rows Created:  
The lower bowl front row view seats have a premium while the WCA seats are not very expensive:  
Image  
In the upper bowl, front row view seats are priced similarly to row 1 seats, while WCA sections have the highest average ticket prices.:  
Image

 

Final Models:

Three models were created to model the ticket prices for entire stadium based on the areas defined earlier. Many of the predictors were the same for each model, but each model was adjusted for the factors relevant in its area.

Lower Bowl Model:

Image
  • Sideline club tickets are much more expensive, while general 100 tickets are slightly more expensive than the Pepsi club
  • Tickets closer to the center of the court are much more expensive
  • Tickets prices drop around $6 every row you go back
  • Row 1 tickets are predicted $100 more espensive than the seat directly behind them
  • Front row view seats (not row 1) are predicted $50 more than the seat directly behind them
  • Wheelchair areas are the cheapest seats in the lower bowl

 

The following graph shows predicted lower bowl prices for a specific game: Image

 

Upper Bowl Model:

Image
  • Upper behind seats are cheaper than upper bowl and upper premium
  • Predicted prices decrease as you go closer to the corners of the arena
  • Ticket prices drop around $2 every row you go back
  • Row 1 seats are predicted to be roughly $11 more than the seat directly behind them
  • Front row view seats (not row 1) are predicted $15 more than the seat directly behind them
  • Unlike the lower bowl, wheelchair access sections contain the most expensive upper bowl seats

 

The following graph shows predicted upper bowl prices while holding external factors constant: Image

Courtside Model:

Image
  • True front row seats are predicted to be worth roughly $1800 more than the seat directly behind them
  • Predicted prices drop around $600 when going from row BB (true row 2) to A1 (the section behind)
  • Tickets in the middle are more expensive (unless sitting behind the baskets)

 

Courtside graph (size of seat is predicted price): Image

Other Model Takeaways:

All three models back up the earlier findings regarding external game factors:

  • Better & bigger market opponents lead to higher prices
  • Prices are higher in games where Steph Curry plays
  • Friday & Saturday games are the most expensive
  • Games before 7:30 are more expensive
  • Tickets get cheaper as the event approaches

 

Materials:

Full Write Up  
Code (R Markdown)