Wednesday, October 17, 2012

Cubs Lower Ticket Prices After Dismal Season

Theo's Owners Do The Right Thing
You can't fault Theo for this one. After another horrific season, the Chicago Cubs—unlike the Red Sox—will reduce their season ticket prices in 2013. The Cubbies drew fewer fans than the Red Sox, but also lost a few more games (101). They, at least, had the decency to take the hit and accept less money for an inferior product. That's how the free market is supposed to operate. Of course, the Red Sox ownership group acted as if they were offering a big concession by "freezing" 2012 prices. How magnanimous of them. The right thing to do would be to lower prices across the board—even for the "millionaires and billionaires" who populate the luxury suites. No class warfare here.