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. Notes from Team USA Camp in Las Vegas: Nobody is a fan of the FIBA balls

    Jul 30, 2014, 2:59 PM EDT

    Kevin Durant, Chandler Parsons AP

    “Guys that don’t have a reputation for playing hard defense are picking up full court.” —Damian Lillard on the level of play at Team USA training camp.

  2. Mavericks may consider signing Rashard Lewis after his knee surgery

    Jul 30, 2014, 2:19 PM EDT

    Rashard Lewis Rashard Lewis

    Dallas originally signed Lewis, but voided his contract once it was discovered he would require knee surgery.

  3. Knicks legend Earl Monroe sees New York finishing top four in the East ‘easily’

    Jul 30, 2014, 1:34 PM EDT

    Earl Monroe Earl Monroe

    Cleveland, Chicago, Indiana, Miami, Toronto and Washington all simply shake their heads.

  4. Report: Metta World Peace nearing deal to play in China next season

    Jul 30, 2014, 12:47 PM EDT

    New York Knicks vs Los Angeles Clippers Getty Images

    World Peace hasn’t drawn legitimate interest from NBA teams, so he’s considering playing overseas.

  5. Report: Anthony Bennett pulled from pro-am by agent, possibly due to his inclusion in Kevin Love trade talks

    Jul 30, 2014, 11:14 AM EDT

    Anthony Bennett Anthony Bennett

    Just like Love, Bennett is not going to be playing in any games this summer until a deal is done.

  6. Report: Sixers fighting against immediate changes to NBA Draft Lottery system

    Jul 30, 2014, 10:32 AM EDT

    Sam Hinkie, Nerlens Noel AP

    Sixers put a multi-year plan together based on current rules, which would be adversely affected with a quick change to the system.

  7. Team USA going small ball, but how many bigs do they keep on the bench?

    Jul 30, 2014, 8:40 AM EDT

    Mike Krzyzewski Mike Krzyzewski

    “Everyone talks about match-ups (with big teams such as Spain), people have to match-up against us, too.” — USA Basketball coach Mike Krzyzewski

  8. Report: LeBron James more popular than he ever was with the Heat

    Jul 30, 2014, 8:00 AM EDT

    LeBron still not as popular as prior to The Decision, though. It’s only a matter of time until he is.

  9. Dion Waiters explains tweet saying he wouldn’t accept bench role

    Jul 30, 2014, 1:30 AM EDT

    2013 Cleveland Cavaliers Media Day 2013 Cleveland Cavaliers Media Day

    Cavaliers guard says initial response stemmed from his straightforward approach, confidence

  10. NBA considering charity All-Star game in South Africa

    Jul 30, 2014, 12:30 AM EDT

    Nelson Mandela Nelson Mandela

    Collective Bargaining Agreement limits offseason charity games to United States and Canada

  11. Report: Gregg Popovich had hip-replacement surgery

    Jul 29, 2014, 10:33 PM EDT

    2014 NBA Finals - Game Five Getty Images

    Popovich signed contract extension with Spurs this offseason

  12. Durant says 2014 USA team better than 2010 version that won gold

    Jul 29, 2014, 9:44 PM EDT

    Image (1) durant_usa_fun-thumb-250x159-20234.jpg for post 4140

    “That 2010 team was one of the best experiences I’ve ever had. I think we have a team that’s even better.” —Kevin Durant

  13. Report: Magic signing Peyton Siva to unguaranteed contract

    Jul 29, 2014, 8:50 PM EDT

    Detroit Pistons v Orlando Magic Detroit Pistons v Orlando Magic

    Orlando reportedly plans to send former Pistons point guard to D-League

  14. Kevin Durant knows you’re talking about his free agency but isn’t giving many clues. He liked what LeBron did.

    Jul 29, 2014, 7:51 PM EDT

    2014 USA Basketball Men's National Team Practice Getty Images

    “I just tell everybody that I’m here in Oklahoma City, I love it here. Who knows what will happen.” —Kevin Durant on his 2016 free agency.

  15. Report: Eric Bledsoe-Suns ‘relationship is on the express lane to being ruined’

    Jul 29, 2014, 7:11 PM EDT

    Eric Bledsoe, Jeff Hornacek, Goran Dragic Eric Bledsoe, Jeff Hornacek, Goran Dragic

    Bledsoe reportedly resents how differently Pistons, Jazz and Rockets treated their restricted free agents

Featured video

Why can't Lakers have a player-coach?
Top 10 NBA Player Searches
  1. T. Warren (4978)
  2. L. James (4478)
  3. K. Love (3815)
  4. D. Rose (3501)
  5. R. Allen (3203)
  1. J. Nelson (3063)
  2. C. Anthony (3036)
  3. K. Bryant (2854)
  4. A. Aminu (2164)
  5. B. Griffin (2108)