Now that hockey season is over, I thought I'd pass along a little anecdote I heard from a friend regarding hockey tickets, the Stanley Cup playoffs, and how it perhaps sheds a different light on the occasional hand-wringing over how much we spend on this hobby.
Season tickets for any of the four major professional sports requires a pretty decent outlay of cash. But it's probably safe to say that its' not really considered (not yet anyway) a "rich man's luxury." Of course there are little pockets of exceptions here and there....Yankee season tickets right behind home plate, for example, which I believe (don't quote me on this) can go for as much as $2,500 per game. (At least they did when the new Stadium opened up. They may have come down some since then.) But by and large, if you tell someone you have season tickets to the Detroit Lions or Miami Heat or Arizona Diamondbacks, they don't look at you like your Bill Gates or Thurston Howell III. Yeah these tickets require a significant cash outlay. But you do find a lot of "average Joes," truck drivers, and carpenters and construction workers, holding season tickets to their favorite professional sports team. It's not just doctors and CEOs sitting in the stands. You don't have to be a hedge fund manager to own season tickets. Yes, maybe it requires some sacrifice. Maybe the family vacations aren't quite as lavish. Maybe the daily driver is a Buick instead of a Benz. The house a little more modest. But it's a choice these people have made.... they choose to spend their money on following pro sports. And furthermore, the rest of society generally is accepting of this as no big deal. "A lot of people do it."
During this year's National Hockey League Stanley Cup playoffs, a friend of mine was telling me about someone he knows who has a pair of New York Ranger season tickets. The tickets are $200 a piece. Sounds like a lot but in Madison Square Garden, they're probably at the lower end of the scale. So before the playoffs even begin these two seats over the course of the regular season cost about $16,000. Then there's the playoffs. The Rangers have been pretty good recently. Stanley Cup Finals last year. Best overall record in the league this season. Gives the team plenty of leverage when setting policy for buying playoff tickets. My buddy told me his friend's $200 seats were raised to $450, a piece, for the playoffs. There are four playoff rounds. With Rangers holding home ice advantage, that meant potentially each round could have seen 4 home games, or 16 games total. Go to all 4 rounds of the playoffs, if your team's lucky enough to make it that far, and you're shelling out for two seats another $14,000 plus, on top of what you spent during the regular season. Oh, one other thing....you had to commit to buying all 4 rounds of the playoffs up front. If the Rangers got knockout out before the Cup was raised...which they did, in the next to last round...you didn't get a refund. Your deposit was applied toward next year's season tickets.
So watching a full season of hockey in person with a friend or family member would've cost the two of you about $30,000. By any measure, that's a lot of money. Now suppose you're not that into sports... imagine instead if you were to spend that amount annually on model trains....Even an investment equivalent to just the regular season ticket package, forget the playoffs. $16,000 a year on trains!! Imagine the reaction from friends or family members if they heard you were spending $16,000 a year on trains!! I think it's safe to say some people would think you must have money to burn...or at least be pretty well off, something like that. I guess my point (if I have one) is to say it's funny how somethings are viewed as luxuries or frivolous playthings, while spending the same amount of money on something else -- something more mainstream maybe -- isn't perceived as being as crazy. Tell people you spend $16,000 a year on season tickets to the Phillies they'd probably think nothing of it. (Well maybe not the Phillies, 'cause they kind of stink this year! LOL) But tell them you blow though 16 grand a year on model trains and you're probably some "rich eccentric."
But really....you're not. Just something to think about.