Despite the economy and the finances of many fans in the region, the Baltimore Ravens have not heeded the warning of commisioner Roger Goddell and have decided the raise their ticket prices for next season. I guess you have the pay for unexpected success, eh?
In a letter that will reach some fans as early as tomorrow, the Ravens are notifying season-ticket holders that the prices of their seats will increase from $5 to $15 per ticket for the 2009 season.
The majority of seats in the bowl of the stadium will be increased by $10, and some upper-deck seats will increase by $5. The biggest bump of $15 are for some club seats and lower level seating around midfield, which are the most sought-after tickets at M&T Bank Stadium.
In the letter, which was obtained by The Baltimore Sun today, the Ravens say they need their average ticket price to be in the top third of the NFL to stay competitive.
The Ravens, who have increased ticket prices every other season since 2001, said the evaluation process was "very thoughtful and detailed."
"We understand that we are in a down economy but to change our every other year philosophy would likely mean even greater increases in future years," said Baker Koppelman, the Ravens' vice president of ticket operations. "The economy is only one of many factors but ultimately our goal is to provide a product that fans can take pride in. To do that, we must remain financially competitive with other teams."