Ticket prices on the resale market for Game 5 of the World Series in Chicago have plummeted after the Cubs lost consecutive games on Friday and Saturday, pushing them to the brink of elimination.
According to SeatGeek, prices for tickets to Game 5 had already fallen nearly 40 percent following the Cubs Game 3 loss, which eliminated any possibility of them clinching their first World Series championship in 108 years at Wrigley Field on Sunday night.
Prices took yet another large dip following their Game 4 loss, as median listing prices fell almost 60 percent from $3,563 to $1,532. For further perspective, SeatGeek notes that some tickets selling for $2500 before Game 3 have fallen below $800 for Game 5.
These developments are not surprising given the current state of the series. Just the possibility that Cubs fans could witness a historic clincher at Wrigley Field was enough to monumentally shift the market. Now that’s not only an impossibility, but the odds of Chicago winning the series at all have also significantly dropped with them falling into a 3-1 hole against the Cleveland Indians.
To some Cubs fans, simply being part of a potentially historic series was enough to entice them. With those hopes fading, so too are the ticket demands.
That leads to an interesting question about how Indians fans might factor into this equation. After all, they’re looking to end a 68-year championship drought of their own, not to mention the travel distance from Cleveland to Chicago is a reasonable 350 or so miles. However, SeatGeek notes that the overwhelming majority of shoppers are coming from the state of Illinois, with less than five percent coming from Ohio.
That indicates that Cubs fans are maintaining some level of faith. Should the Cubs extend the series with a win in Game 5 though, we’d guess that would put them back in play for tickets to Game 6 and a possible Game 7 in Cleveland. In the meantime, those markets will likely remain stable until we have a Game 5 outcome.
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