Here with a guest post about this Caps’ playoff run and league-wide ticket prices is Mr. Irrelevant tickets partner TiqIQ.
It’s that time of year again — intensity picks up, facial hair begins to grow and dreams of hoisting Lord Stanley swirl in the minds of 16 NHL teams. For fans, the harrowing experience of the NHL Playoffs brings forth a gambit of emotions, from the elation of a big win to the frustration of an overtime loss. Patience is certainly tested, but one question remains; which fan base is getting the best bang for their buck during the 2016 NHL Playoffs?
Looking at secondary market data for 2016 NHL Playoff tickets provided by online aggregator TiqIQ and VegasInsider’s Stanley Cup odds for each team, it appears that the Presidents’ Trophy-winning Washington Capitals provide the best value for the greatest return this postseason. At the other end of the spectrum sit the New York Rangers, whose exorbitant ticket prices at Madison Square Garden and long odds at the Stanley Cup make them one of the worst deals in the playoffs this season.
The above graphic depicts each team’s home ticket average during the first round on the secondary market as well as their odds of winning the Stanley Cup. Perhaps expectedly, the Rangers lead the list with a whopping home average of $518.50, though at 18/1 odds leave fans paying big prices for what will likely result in an early exit. Washington Capitals playoff tickets, however, are the ninth most expensive in the opening round of play at an average price of $234.72 at Verizon Center. With 11/4 odds to win it all, the Capitals serve as the best deal through the Quarterfinals.
Such a claim is better represented through the team-by-team value index, which can be seen below. These numbers illustrate which fan bases receive the best value by multiplying each team’s first-round ticket price average at home by their Stanley Cup odds and then dividing that number by 1,000. The lower the number, the better the value, and the Capitals lead the list with a .65 rating.
Interestingly enough, while the Rangers own a 9.3 rating on the value index, they aren’t the team with the worst value from a ticketing and competitive standpoint this postseason. That honor belongs to the Philadelphia Flyers, who typically post high ticket prices at Wells Fargo Center and have the worst odds of winning the Stanley Cup at 200/1. Their 48.7 rating is far-and-away the worst value in the league. That number is certainly impacted by their first-round opponent in the Washington Capitals as well, who are clear favorites to win their first Cup in franchise history this season.
Other notable teams on the value index include the Detroit Red Wings and Minnesota Wild. Prior to being eliminated by the Tampa Bay Lightning on Thursday night, the Red Wings were second to the Flyers as the worst value in the 2016 NHL Playoffs with a 12.8 rating. That number is interesting considering the team’s continuous regular season success and record 25th consecutive playoff appearance, which didn’t seem to translate into a deep playoff run. Like the Flyers, the Wild typically own big ticket prices during the regular season and have the fourth highest average ticket price during the first round. Their 50/1 Stanley Cup odds make them the third-worst value at a 12.8 rating.
The Capitals may offer the best value to their fans, but several teams trail closely behind through the first round of play. Anaheim Ducks playoff tickets at Honda Center are the cheapest of the Quarterfinals at $145.11, and though the team has 12/1 odds at raising the Cup, they have the second-best value index with a .8 rating. The San Jose Sharks and Dallas Stars follow at respective ratings of 1.3 and 1.5.
Of course, plenty of hockey is left to play, and it remains to be seen if the Capitals have enough to win it all come June. For fans, however, they’ll gladly enjoy the ride – and the value that comes with the franchise’s potential first Stanley Cup.