"Ticket prices for the opening ceremony and women's artistic gymnastics finals have shocked fans, with costs reaching $5,000 and $2,500 respectively. The average ticket price is expected to be around $179 to meet the budget estimate of $7.1 billion."
"LA28 has stated that the fees associated with ticket sales align with standard industry practices for live events in the U.S., covering secure processing and ticket delivery costs."
"There are approximately 1 million $28 tickets available, but they will be distributed in limited drops, leading to expectations that they will sell out quickly once released."
The ticketing process for the upcoming Olympics has raised significant concerns among fans, particularly regarding high prices. Tickets for events like the opening ceremony are priced at $5,000, while women's artistic gymnastics finals cost $2,500. LA28 aims to cover $2.5 billion of its $7.1 billion budget through ticket sales, with an average ticket price of roughly $179. Although $28 tickets are available, they are limited and expected to sell out quickly. A 24% fee on tickets aligns with industry standards but has contributed to the sticker shock.
Read at Los Angeles Times
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