StubHub Sees Continued Selloff For Record-Setting Stanley Cup Finals


Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


The Stanley Cup Finals could come to a close Wednesday night.

Resale tickets are selling off in a hurry. "Having a major market team in any series leads to high demand," Cameron Papp, spokesman for the online ticket marketplace Stubhub, told Benzinga. "In this case, with both New York and Los Angeles, we've seen record-breaking numbers for the NHL. This is StubHub's best-selling Stanley Cup ever."

ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

There were almost 2,000 tickets available on StubHub Tuesday afternoon. There were less than 800 available for purchase Wednesday morning, as Ranger fans look to make a few extra bucks with their team facing a 3-0 Finals deficit. As of 3:30 p.m. ET, 433 tickets were available, ranging in price from $732 to $8,403.

The average price per ticket Tuesday afternoon was $1,606; however, the price dropped to around $1,400 Wednesday morning. As Papp stated, "Generally we see ticket prices drop as we get closer to game time as sellers are looking to unload their tickets."

A VIP rinkside ticket package was up for over $25,000 Tuesday; a VIP package was listed for $13,900 Wednesday morning and has since sold off.

The StubHub spokesman said team performance is usually the biggest indicator when it comes to the site's price fluctuations.

After record-setting numbers last week for New York's return to the Cup Finals, interest seems to have subsided. The vast majority of tickets sold on StubHub are coming from the New York area, Papp said, adding, "Currently 50 percent of StubHub's tickets sold came from the state of New York followed by 15 percent from New Jersey. California currently accounts for seven percent of tickets sold." Fans will be able to buy and sell tickets up until 8 p.m. ET, the scheduled start time of Game 4.


Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


Posted In: NewsEventsEconomicsGeneralCameron PappLos Angeles KingsNew York RangersNHLsportssports and entertainmentStanley Cup FInalsStubHub