Part 1/7:
The Evolution of Soccer Economics: Messi, Miami, and Ticket Pricing
The arrival of Lionel Messi in the United States, particularly in Fort Lauderdale with Inter Miami, initially brought a significant "wow factor" to the local soccer scene. This enthusiasm created a spike in ticket prices, demonstrating the concept of price elasticity in sports entertainment. However, the dynamic appears to be shifting as Messi's newfound presence becomes less novel. The impact of this change is significant, particularly regarding ticket sales and pricing strategies.