Skip to content

Knicks season-ticket renewal rate exceeds 97 percent

Aug 19, 2013, 7:04 PM EDT

New York Knicks forward Carmelo Anthony reacts after hitting a three-point shot against the Boston Celtics in the first quarter of Game 1 of their NBA Eastern Conference Quarterfinals basketball playoff series in New York Reuters

The Knicks played an exciting if ultimately flawed brand of basketball last season, and finished with the second best record in the Eastern Conference behind only the eventual champion Miami Heat.

New York has retained its best players, and added some depth in the form of Andrea Bargnani, Metta World Peace, and Beno Udrih to the roster.

The team is not necessarily being projected by most to finish as high as it did a season ago, but based on last year’s success, the faithful that were in it for the long haul aren’t looking to jump off of the bandwagon any time soon.

From Marc Berman of the New York Post:

According to data that will be announced publicly Wednesday on the Garden’s earnings call, the Knicks’ season-ticket renewal rate skyrocketed to more than 97 percent – the highest renewal rate for the club in more than 10 years. Last year’s renewal rate was 95 percent.

Part of that boost may be the notion this is their last, best crack at legitimately competing for a championship in what could be Carmelo Anthony‘s last season as a Knick. The increase occurred despite a 6.4 percent average ticket price hike due to the last stage of the arena’s $1 billion, three-year transformation.

It’s worth noting that this isn’t necessarily a reflection of a team’s fan base, given that a large percentage of season tickets, especially the ones closest to the court, are purchased by corporations and used for entertainment purposes. And the better the product is, the more enticing those trips to the arena can be for a company’s current or potential clients.

As for the part about it potentially being Anthony’s last season there, even though he could choose to become an unrestricted free agent next summer, it’s far too early to get into all of that now, and it’s highly unlikely that anyone based their buying decision on the notion that the upcoming year in New York might somehow end up being Anthony’s last.

But with all of that being said, it’s still a great sign for the business of basketball that even with such a steep increase in price, the demand remained as high as ever to see the Knicks in person.

Latest Posts
  1. Nets sign Hamady Ndiaye to compete for third-center job

    Sep 17, 2014, 6:48 PM EDT

    2012 Sacramento Kings Media Day 2012 Sacramento Kings Media Day

    Brooklyn needs someone behind Brook Lopez and Mason Plumlee

  2. Nuggets J.J. Hickson suspended five games for violation of NBA drug policy

    Sep 17, 2014, 4:12 PM EDT

    Denver Nuggets v Utah Jazz Getty Images

    Five games is the standard marijuana suspension, and you have to test positive three separate times to earn it.

  3. Brandon Jennings says he added 25 pounds for this season

    Sep 17, 2014, 3:26 PM EDT

    Brandon Jennings AP

    Jennings only shot 52 percent around the rim last year, maybe the muscle helps. Maybe.

  4. Chris Bosh was guest DJ on “Ellen”

    Sep 17, 2014, 2:55 PM EDT

    Chris Bosh Chris Bosh

    Chris Bosh is taller than Ellen DeGeneres, which leads to much humor. I guess.

  5. Mike Miller knows in Cleveland his role will shrink. He’s good with that.

    Sep 17, 2014, 1:59 PM EDT

    Mike Miller Mike Miller

    His veteran, playoff-tested presence will be big on this team.

  6. Timberwolves to open camp with Andrew Wiggins vs. Zach LaVine dunk contest

    Sep 17, 2014, 1:19 PM EDT

    Andrew Wiggins AP

    This is all we want to see out of the Timberwolves anyway.

  7. Tim Hardaway Jr. focuses on defensive improvement for Knicks

    Sep 17, 2014, 11:44 AM EDT

    Tim Hardaway Jr AP

    There’s a lot of room for improvement, let’s just say.

  8. LeBron James on Kyrie Irving: “I believe Kyrie can be the best point guard in the league.”

    Sep 17, 2014, 11:05 AM EDT

    2014 FIBA Basketball World Cup - Day Fourteen Getty Images

    Kyrie is going to have to adjust to a different role on the Cavs, but if he does watch out.

  9. ProBasketballTalk 2014-15 Preview: Boston Celtics

    Sep 17, 2014, 10:00 AM EDT

    Rajon Rondo Rajon Rondo

    Rajon Rondo looms over everything – on and off the court

  10. Tyler Zeller looking to jumpstart career, start in Boston this season

    Sep 17, 2014, 9:01 AM EDT

    Tyler Zeller Cavaliers AP

    He may not start but he will get plenty of run this season.

  11. Atlanta mayor says he has spoken to six potential buyers of Hawks

    Sep 17, 2014, 8:30 AM EDT

    Image (1) hawks_logo-thumb-250x134-11979-thumb-250x134-11981.gif for post 4050

    Dominique Wilkins is one, but you know the hedge fund guys are in, too.

  12. Dwight Howard’s driver’s license in Florida suspended, he racked up 10 red light violations in Orlando

    Sep 17, 2014, 8:00 AM EDT

    Detroit Pistons v Houston Rockets Getty Images

    He has 10 citations for running red lights. Impressive, I don’t care how many sports cars you own.

Featured video

What players stood out at World Cup?
Top 10 NBA Player Searches
  1. D. Rose (3436)
  2. L. James (2716)
  3. D. Ferry (2649)
  4. K. Irving (2539)
  5. J. Valanciunas (2447)
  1. K. Bryant (2391)
  2. P. George (2149)
  3. R. Rondo (1889)
  4. N. Batum (1862)
  5. R. Gay (1861)