Lakers Fans Still Pony Up for Tickets Despite Tough Economic Times

Lakers’ season-tickets holders renewed for the upcoming 2008-09 NBA season at 99% rate despite the current economic crisis. This percentage would be impressive during a flourishing economy, so during the current floundering market it comes as a surprise that fans are ponying up the cash for luxury items like Lakers season tickets. As for the league as a whole, season-ticket renewal averages across the NBA this season are currently at about 79% percent, with some teams having trouble collecting from fans.

This is proof of the extreme loyalty of Lakers fans, who remain faithful in their team and are expecting them to take home the title this season. Last season the Lakers were within two victories of winning an NBA championship and fans are hoping that the team will make it up this year. The Lakers are preseason favorites to win the championship and that is exactly why the team had no trouble collecting from fans, even though the economy is in the tank and ticket prices skyrocketed during the offseason. Fans like the omnipresent Jack Nicholson will pay $2,500 for courtside seats (up from $2,300).

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