Sacramento Kings lowering ticket pricesPosted by Inside Hoops
The Sacramento Bee (Melody Gutierrez) reports: As a response to the bad economy, the Kings will announce season-ticket price reductions today that will cut the cost of some plans by as much as 44 percent for the 2009-10 season. One-third of all tickets in Arco Arena will be $25.50 or less, and the franchise will continue to offer 1,000 tickets at $10 for next season. The move mirrors what most NBA teams have done in recent weeks to reach out to fans struggling to pay their mortgages and retain their jobs… The price cuts will save season-ticket holders an average of $594 and as much as $1,562 for one ticket plan compared to 2008-09 prices. The savings of up to 44 percent will be on a portion of tickets previously priced at $40.50, which will now cost $22.50. The rest of the tickets previously priced at $40.50 will be $36.50, depending on their location.