The Ravens have confirmed that they will be raising ticket prices next season, according to a Baltimore Sun report on Tuesday.
The article said this is going to be the first time in four years that the Ravens have upped ticket prices and the sixth time since M&T Bank Stadium opened in 1998. This increase comes after the Ravens won Super Bowl XLVII earlier this month.
Ticket prices are set, according to the article, to go up by an average of 10 percent. Kevin Byrne, the Ravens senior vice president for public and community relations, said in the article that the team studied the issue carefully.
"We are thoughtful and detailed in our study of our ticket prices,” Byrne said in The Sun's article. “We did a lot of research plus comparisons to other NFL teams, other events, and also most importantly, our budget. This is not related to the Super Bowl. It has been planned. It was planned last year when we didn’t increase when we thought we would.”
The article also said that the team raised ticket prices every other year from 2001 to 2009 before not doing it in 2011 due to the lockout that was looming on the horizon. Byrne also noted in the article that, simply put, it costs money to field and build a championship-level team.
"Our ticket price increase is always related to player cost,” Byrne said in the article. “Then, there’s always spending what is necessary to field a championship-caliber team. With the price increase, we expect to be in the top third in the league. We have been out of the top third the last couple of years. We’d like to stay competitive with the top third.
Here's a link to the article: http://www.baltimoresun.com/sports/ravens/ravens-insider/bal-ravens-to-r...