Tuesday, April 5, 2011

THE Texas Rangers

Now that opening weekend in Arlington is over, it is safe to say that almost everyone will watching the Ranger's in their quest to win the World Series this season. In an article released by the Texas Rangers ticket sales are discussed. On the first day that tickets were available for fans, more than 108,000 tickets were sold. This is a 15% increase from last year. The Ranger's sold out their first three game of the season smashing all attendance records. The previous attendance record was set when the Ballpark in Arlington first opened in 1994. As of Sunday, more than 150,000 fans attended opening weekend at the Ballpark. With the Rangers carrying over their winning from last season, fans are spending more money in Arlington. Not just at the Ballpark, but all around the city at the restaurants and bars that are playing the games. Also, Rangers merchandise sales is up almost 50% over the last two years. Even in the midst of the poor economy, people are spending money and will continue to spend money as long as the Rangers keep winning.

6 comments:

  1. This is really exciting news! I completely agree that last years winnings helped the Rangers out and now more people are interested. The fact that the Rangers are helping out their economy by bringing more consumers to Alrlington is something that should be celebrated. I think we are going to see great things from our Rangers and great things for Arlington as well.

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  2. I think this is a great example of an increase in demand due to a change in consumer tastes.

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  3. Due to the good results of last year's season for the Rangers, people are excited and coming back for more this year. This increase in demand is bringing in a lot more money in the Arlington area and could really help out the economy. I agree that even in this poor economy, people will continue to spend the money that the spend to attend these games as long as the Rangers keep winning and it can only go up from there. If there was a 15% increase in ticket sales and 50% increase in merchandise sales from last year, the number will continue to rise with the ongoing success of the Rangers.

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  4. The great beginning to the Ranger's season this year (6-0) has created an explosion in demand for tickets. This is going to drive the prices to equilibrium, since it suggests that the prices of tickets are too low because there's an excess in demand. All this demand is going to be good for the surrounding areas through the trickle down affect. However, maybe this is what the Rangers want? At least with excess demand they know that all their tickets will be sold, and that'll bring plenty of consumers into Arlington, boosting it's economy, which has already been seen in it's 50% increase in merchndise sales from last year.

    -mark e

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  5. I absolutely agree with the points you brought up. It's common sense that, because the Rangers are doing well, people will want to see more games, increasing the demand for tickets and upping the prices of nearly everything Rangers related. The hype of the Rangers is at an all time high after last years season and people are eager to see how things will go this year, especially with the tremendous start they've had so far. In past years when there hasn't been as much interest in the Rangers, aside from those truly loyal fans, there has not been much business in Arlington. Now that there is an attraction that is pulling people out to Arlington, the city in general is getting much more business as well. Restaurants and shops in the area, as well as hotels (for people coming in from away games), are benefitting from the Ranger's success as well. It will be exciting to see just how much the economy in Arlington benefits from their season, given that the Rangers prosper...which they will. :)

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  6. I completely agree that because the Rangers made it to the World Series last year, that more fans are interested in attending games. In the past people didn’t give two cents about the rangers, you could buy a good seat for $5 at a game where they were playing the Yankees or Red Sox. Now these games are sold out and the tickets are very expensive at that. I very much agree that because we are winning that more people are interested and that more merchandise will be sold, because the fans are no longer embarrassed about their team but are proud and supportive. A winning team will always improve the city’s economy that it is in because it will create more revenue per game , and more merchandise will be sold all around.

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