Masters tickets drop in price after Tiger’s announcement

Tiger Woods announced Tuesday that he will not play in the Masters this year due to a back injury.

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Have you always dreamed of going to the Masters?

We have some good news for you … but we also have some bad news.

The good news: Ticket prices for this year’s tournament dropped overnight – since Tiger Woods announced that he will not play next week.

The bad news: Tickets are still really expensive.

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Yahoo’s Dan Wetzel has the details:

Some prices for one-day badges on StubHub.com dropped 10 percent within the first hour of Tiger’s announcement and overnight were off by nearly 20 percent, and trending further downward.

As of Woods’ midday withdrawal announcement on Tuesday, badges for next Thursday’s opening round were going for $1,165 on StubHub.com.

By 11 a.m. (ET) Wednesday they were down to $940, a 19.3 percent drop in less than a day, and will likely continue to drop.

"No single athlete has a greater impact on our ticket prices," said Glenn Lehrman, a spokesman for StubHub who travels to Augusta each April to oversee the operation from the company’s badge pick-up/hospitality house across from the Augusta National.

Masters tickets are some of the hardest tickets in sports to get your hands on. Just a small amount is made available to the public through a yearly lottery system.

But if you want to go to Augusta National, this could be your year.

Just wait to the final minute and make your move. Also, get ready to spend some of your life savings.

It’s so worth it, though. The place is amazing.