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. PBT Extra: Houston Rockets face interesting off-season

    May 29, 2015, 7:01 PM EDT

    Dallas Mavericks v Houston Rockets - Game One Getty Images

    There are questions about the future of Josh Smith, Patrick Beverley and others with the team.

  2. LeBron James on how to slow Stephen Curry: “The same way you slow me down … You can’t.”

    May 29, 2015, 6:15 PM EDT

    OAKLAND, CA - FEBRUARY 12:  Stephen Curry #30 of the Golden State Warriors goes in for a layup over LeBron James #6 of the Miami Heat at ORACLE Arena on February 12, 2014 in Oakland, California. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement.  (Photo by Thearon W. Henderson/Getty Images) Getty Images

    The two most popular players in the NBA this season (with Kevin Durant out) go head-to-head on the NBA’s biggest stage.

  3. PBT Extra with NBASavant.com: Cleveland may want to cover Curry in the left corner

    May 29, 2015, 5:29 PM EDT

    Houston Rockets v Golden State Warriors - Game Five Getty Images

    Cleveland’s defense has looked better in the playoffs than it has all season, but starting next Thursday it will get the biggest test it has had all season.

  4. It’s official: Scott Skiles hired as head coach of Orlando Magic

    May 29, 2015, 4:53 PM EDT

    150523_skiles Getty Images

    Skiles is a former Magic player from 1989 through 1994.

  5. Cookin’ with the Currys, guest-starring Riley Curry (video)

    May 29, 2015, 4:30 PM EDT

    Stephen Curry Stephen Curry

    Ayesha Curry cooks, Stephen Curry tastes, and Riley Curry points out raspberry-sauce spills

  6. PBT Podcast: Talking Thibodeau/Bulls divorce; future for Rockets, Hawks

    May 29, 2015, 3:45 PM EDT

    Chicago Bulls v Cleveland Cavaliers - Game Two Getty Images

    Would hiring Thibodeau really a wise call by the Pelicans?

  7. Warriors’ Klay Thompson officially diagnosed with concussion

    May 29, 2015, 3:09 PM EDT

    Klay Thompson Klay Thompson

    The NBA needs to review this process going forward.

  8. Klay Thompson should not have been cleared to return to Game 5 after concussion evaluation

    May 29, 2015, 2:14 PM EDT

    Klay Thompson Klay Thompson

    Warriors guard passed, but not enough time had passed to determine his health

  9. Rumor: Thunder promised to draft Cameron Payne No. 14

    May 29, 2015, 12:43 PM EDT

    Cameron Payne, Reece Chamberlain AP

    Believable, but is that why it’s believed?

  10. Report: Cavaliers could activate Anderson Varejao in NBA Finals if necessary

    May 29, 2015, 12:04 PM EDT

    Chicago Bulls v Cleveland Cavaliers - Game One Getty Images

    Varejao was slated to miss the entire season with an Achilles tear

  11. Dwight Howard suspended one game after foul switcheroo

    May 29, 2015, 11:17 AM EDT

    Dwight Howard, Klay Thompson Dwight Howard, Klay Thompson

    NBA gives Rockets center a flagrant foul, rescinds technical fouls for him and Andrew Bogut

  12. Report: Magic could hire Scott Skiles as soon as today

    May 29, 2015, 10:54 AM EDT

    NEW YORK, NY - MARCH 26:  Head coach Scott Skiles of the Milwaukee Bucks looks on against the New York Knicks at Madison Square Garden on March 26, 2012 in New York City. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement.  (Photo by Chris Chambers/Getty Images) *** Local Caption *** Scott Skiles Getty Images

    Contract negotiations reportedly ongoing

  13. National Spelling Bee co-champion wore LeBron jersey under dress shirt

    May 29, 2015, 9:45 AM EDT

    Gokul Venkatachalam predicts Cavaliers in 6

  14. Report: Fred Hoiberg still expected to become Bulls’ next coach

    May 29, 2015, 9:08 AM EDT

    Fred Hoiberg AP

    Iowa State coach reportedly had concerns about NBA jump due to health

  15. Three coaches who may replace Tom Thibodeau in Chicago

    May 29, 2015, 8:30 AM EDT

    150529_Hoiberg Getty Images

    They want Fred Hoiberg, but does he want them?

  16. Report: Kevin Love going to “look around” this summer as free agent; Celtics, Lakers, Rockets possible

    May 29, 2015, 8:00 AM EDT

    Kevin Love AP

    I expect Love will stay with the Cavaliers this summer, but a lot of people around the league are not so convinced.

Did Chicago do the right thing in firing Thibodeau?

Despite ending, Hawks had season to remember
Top 10 NBA Player Searches
  1. S. Curry (8386)
  2. K. Love (6411)
  3. K. Irving (6301)
  4. K. Korver (4986)
  5. L. James (4790)
  1. K. Bryant (3963)
  2. D. Howard (3916)
  3. A. Varejao (3863)
  4. K. Durant (3860)
  5. A. Horford (3661)