Carson Palmer Trade Affects Ticket Prices?
After months of requesting a trade, Carson Palmer’s wish finally came true. He is now the new quarterback for the Oakland Raiders. The trade brings an end to Palmer’s standoff against the Cincinnati Bengals ownership. The Bengals refused to trade him, claiming that he must oblige his contract. Palmer fought back by announcing that unless he was traded, he will retire from the NFL.
What led to the trade? After losing their starting quarterback to a collarbone injury, the Raiders were in need of a replacement. Hue Jackson, the Raiders head coach, urged the team to acquire Palmer. The Raiders took Jackson’s advice and made an offer that the Bengals could not refuse. In exchange for Carson Palmer, the Raiders gave up a first-round pick in 2012 and a second-round pick in 2013.
Carson Palmer Trade Impact on Ticket Demand
At SeatGeek, We looked at our data to see the affects the trade has on ticket prices.
According to our data, Raiders ticket prices have increased by 76% percent since the trade was announced*. This increase in price is understandable, as he is expected to start for the Raiders this weekend. To purchase tickets to this weekend’s game click here.
* Just one day of data so far, but we will continue to track this
Oakland Raiders Tickets
|Sunday Nov 6 1:05 PM||Denver Broncos at Oakland Raiders O.co Coliseum – Oakland, CA|
|Thursday Nov 10 5:20 PM||Oakland Raiders at San Diego Chargers Qualcomm Stadium – San Diego, CA|
|Sunday Nov 27 1:05 PM||Chicago Bears at Oakland Raiders O.co Coliseum – Oakland, CA|
|Saturday Dec 24 12:00 PM||Oakland Raiders at Kansas City Chiefs Arrowhead Stadium – Kansas City, MO|
|Sunday Nov 20 12:00 PM||Oakland Raiders at Minnesota Vikings Hubert H. Humphrey Metrodome – Minneapolis, MN|
|Sunday Dec 4 1:00 PM||Oakland Raiders at Miami Dolphins Sun Life Stadium – Miami, FL|
|Sunday Jan 1 1:15 PM||San Diego Chargers at Oakland Raiders O.co Coliseum – Oakland, CA|
|Sunday Dec 18 1:05 PM||Detroit Lions at Oakland Raiders O.co Coliseum – Oakland, CA|
|Sunday Dec 11 12:00 PM||Oakland Raiders at Green Bay Packers Lambeau Field – Green Bay, WI|
|Sunday Oct 23 1:05 PM||Kansas City Chiefs at Oakland Raiders O.co Coliseum – Oakland, CA|