BG91
01-20-2008, 08:03 AM
Promoter Don King often jokes that he has been blamed for every disaster in history, from the San Francisco earthquake to the Johnstown flood.
But one thing that King didn't want to be blamed for was the over-inflated ticket prices for the Roy Jones, Jr.-Felix Trinidad match at the Garden Saturday night. Front-row seats for the fight were initially priced at $15,000, with second row going for $12,500, third row $10,000 and fourth row $7,500.
"I had nothing to do with that. That was all done by Madison Square Garden," King said. "It was a big mistake."
Even though slightly less than 400 tickets were priced at the higher rate, the sticker shock had a trickle-down effect and sent a chill through the market. That, coupled with the fact that the fight lacked pizzazz, made it a tough sell.
The Garden dropped the price of the tickets on Tuesday, hoping to salvage the event, but the premium seats were still going for $5,000. No one at the Garden would comment on the thinking behind the pricing for Jones-Trinidad.
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But one thing that King didn't want to be blamed for was the over-inflated ticket prices for the Roy Jones, Jr.-Felix Trinidad match at the Garden Saturday night. Front-row seats for the fight were initially priced at $15,000, with second row going for $12,500, third row $10,000 and fourth row $7,500.
"I had nothing to do with that. That was all done by Madison Square Garden," King said. "It was a big mistake."
Even though slightly less than 400 tickets were priced at the higher rate, the sticker shock had a trickle-down effect and sent a chill through the market. That, coupled with the fact that the fight lacked pizzazz, made it a tough sell.
The Garden dropped the price of the tickets on Tuesday, hoping to salvage the event, but the premium seats were still going for $5,000. No one at the Garden would comment on the thinking behind the pricing for Jones-Trinidad.
Full story: [Only registered and activated users can see links]