Triple Crown Lull Puts Crimp in Belmont Stakes Tickets
With no Triple Crown contender running in New York this weekend, ticket prices for the 2016 Belmont Stakes have dropped considerably since the Preakness.
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Tickets were in high demand last year as American Pharoah entered the race with a Triple Crown on the line. American Pharoah went on to win the Belmont Stakes, becoming the first Triple Crown winner since 1978. This year, there is no Triple Crown up for grabs. Nyquist, the winner of the Kentucky Derby, lost his bid for a Triple Crown when he placed third in the Preakness.
Demand on the secondary ticket market subsequently fizzled. The median price of tickets sold through StubHub
Spokesman Cameron Papp noted that StubHub sold a lot of affordable tickets for general grandstand admission at the last minute before the 2015 Belmont Stakes, contributing to a lower median selling price overall ($18). But high-end tickets are much cheaper this year. The most expensive ticket sold so far was $1,550, compared to $2,921 in 2015.
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