Aug 19, 2013, 7:04 PM EDT
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.
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.
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.
Jul 30, 2015, 5:40 PM EDT
In what will be the last year for Duncan and Manu Ginobili, not to mention David West’s long career, there will be plenty of desperation and energy in San Antonio.
Jul 30, 2015, 4:49 PM EDT
Arenas suggests LeBron isn’t selfish enough.
Jul 30, 2015, 4:11 PM EDT
Spurs coach happily assigns credit
Jul 30, 2015, 3:25 PM EDT
Will Karl-Anthony Towns, Nikola Pekovic or Gorgui Dieng start beside him?
Jul 30, 2015, 2:33 PM EDT
Will he want it?
Jul 30, 2015, 1:48 PM EDT
Timberwolves apparently weren’t just going to trade Love for whatever they could get
Jul 30, 2015, 1:00 PM EDT
Suspending Patriots quarterback for a quarter of the season was bare minimum for Mavericks owner
Jul 30, 2015, 12:07 PM EDT
Jerry Colangelo said attendance was mandatory to be considered for 2016 Olympic team
Jul 30, 2015, 11:22 AM EDT
NBA commissioner confident Africa will get a preseason game
Jul 30, 2015, 10:31 AM EDT
Hawks wing says his leg and ankle feel better
Jul 30, 2015, 9:28 AM EDT
Philadelphia drafted Holmes in second round
Jul 30, 2015, 8:33 AM EDT
Barnes is a perfect fit in for the “grit and grind” style of the Grizzlies.
Jul 30, 2015, 8:00 AM EDT
Portland not making a call means they knew Aldridge was gone and it was time to rebuild.
Jul 30, 2015, 12:55 AM EDT
The Rockets have nice depth up front.
Jul 29, 2015, 10:55 PM EDT
The Pelicans were one of the slowest paced teams in the NBA last season, that’s about to change.
Jul 29, 2015, 9:30 PM EDT
“I think someone who would watch this would think there is something wrong with me and something wrong with my friends.” — Chris Kaman
Jul 29, 2015, 8:47 PM EDT
Andrew Wiggins and Karl-Anthony Towns are about to be finishing alley-oops from the best lob passer in the game.
Jul 29, 2015, 7:47 PM EDT
Manu Ginobili is a stud.
Jul 29, 2015, 6:55 PM EDT
Kerr says Luke Walton is a future head coach in the NBA.
Jul 29, 2015, 6:31 PM EDT
Toronto has shifted the roster to be more defensive, and be able to go smaller.
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