SOURCE: StubHub

May 15, 2008 13:51 ET

StubHub FanStats(SM) - NBA Fans Finding Ticket Deals Plentiful for 2008 Playoffs

Postseason Bargains Most Prevalent in Detroit With Seats Selling as Low as $1

SAN FRANCISCO, CA--(Marketwire - May 15, 2008) - Seven teams are still alive in the NBA Playoffs and the Boston Celtics, Cleveland Cavaliers, Detroit Pistons, Los Angeles Lakers, Utah Jazz, New Orleans Hornets, and San Antonio Spurs all have a realistic shot for the Finals. Despite the frenetic action on the court, ticket resale prices on StubHub, the world's largest ticket marketplace, have remained remarkably affordable, with some selling for as low as $1 apiece.

As fans are increasingly adopting the secondary market for buying and selling tickets, the open marketplace dynamic truly comes into play with supply and demand determining pricing. This postseason, Pistons tickets have been the league's best bargain, as home playoff games have sold for an average price of just $35 and $43 for the first and second rounds, respectively. Compared to the NHL's postseason, ticket prices have been much more digestible for the NBA Playoffs. Tickets for the first round of NBA postseason play averaged $99, compared to $149 for the NHL. Similarly, the NBA's second round is currently averaging $129, while the NHL averaged $186 for the Conference Semifinals.

Samer Sarhan, a loyal Pistons fan from nearby Canton, MI, has been enjoying the affordable prices and nabbed tickets for every home game played thus far. "Playoff tickets in any sport are hard to come by for the average fan, but StubHub has made it simple to still find great seats at fair prices," remarked Sarhan. "I've been able to catch all the action and have access to a wide selection of tickets without having to be a season ticket holder or VIP."

"There's a common misperception about secondary ticket outlets that prices are always grossly inflated, but this NBA Playoffs season is a prime example that consumers can find real values for even hot events from a competitive marketplace like StubHub," said company spokesperson Sean Pate. "StubHub's managed marketplace offers fans a safe and reliable option for securing tickets and the competition amongst sellers regulates the asking prices."

Below are some of the tremendous values fans have found on StubHub for this season's NBA Playoffs:

Detroit

Fans have found tickets $1 tickets for both rounds of action in Detroit. In fact, more than half of the tickets purchased for the six games already played have been under $20. Looking ahead, tickets for their next opponent in the Conference Finals have sold for as low as $9.

Utah

Utah Jazz tickets are less than half the price of their Conference Semifinal opponents, averaging $105 compared to $265 for the Los Angeles Lakers. For this current series, a number of $10 tickets were purchased close to tip-offs for each game. In the first round against the Houston Rockets, tickets sold for as low as $8 apiece.

New Orleans

With the Hornets facing the Dallas Mavericks in the first round, fans found tickets starting at $10. Nearly 25% of the tickets sold for those three games were below $25. Tickets for their current match-up against the San Antonio Spurs have sold for as low as $15.

San Antonio

In their first round series against the Phoenix Suns, tickets for Spurs home games sold for as low as $7. In fact, almost 25% of the tickets sold for these games were under $25. In their current series against the Hornets, fans have found tickets starting at $17 each.

Cleveland

Tickets in Cleveland for the first series versus the Washington Wizards were as low as $6 apiece. Their current matchup with the Boston Celtics has yielded $24 tickets and nearly 20% of the tickets sold for this series have been less than $50.

About StubHub

StubHub is the world's largest ticket marketplace, enabling fans to buy and sell tickets to tens of thousands of sports, concert, theater and other live entertainment events. StubHub reinvented the ticket resale market in 2000 and continues to lead it through innovation. The company's unique online marketplace, dedicated solely to tickets, provides all fans the choice to buy or sell their tickets in a safe, convenient, and highly reliable environment. All transactions are processed and delivered by StubHub and backed by the company's FanProtect Guarantee. Company partners include the New York Yankees, Chicago Bears and the University of Southern California along with nearly 60 teams in the NFL, MLB, NBA, NHL and NCAA complemented with music artists like Madonna and companies such as ESPN and American Express.

StubHub is an eBay company (NASDAQ: EBAY). For more information on StubHub, visit www.stubhub.com

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