Packers raise prices of tickets for 2012

Packers raise prices of tickets for 2012

Published Feb. 9, 2012 2:12 p.m. ET

GREEN BAY, Wis. -- Being a Packers season-ticket holder just became a bit more expensive as the team announced that it has raised prices on all seats at Lambeau Field.

The increase is between $3 to $5 per ticket, per game, depending on where the ticket holder's seat is located.

"For the Packers, ticket revenue continues be an important component of our ability to remain financially competitive with the other 31 NFL teams," Packers president and CEO Mark Murphy said in a letter to ticket holders. "Our goal each year is to be at the league average in terms of our ticket prices. This increase maintains our position near the league average."

The cheapest ticket to a Packers game is now $72, which are end-zone seats. The most expensive seats, located between the 20-yard lines, will go up to $92. That is still significantly cheaper than the rest of the NFC North, where Vikings fans pay up to $143 per ticket in Minnesota, Chicago Bears games are as much as $140 and Detroit Lions tickets are at $110.

If Packers season-ticket holders don't want to pay the new prices, the team shouldn't have a difficult time finding someone to take their spot given that nearly 96,000 people are on a waiting list for season tickets.

In the same letter, Murphy also gave an update on the Lambeau Field expansion project that is ongoing and will be concluded within a three-year time span. The updates include a new sound system, two new video boards and 6,700 additional seats in the south end zone, all of which will be completed by 2013.

Most of that project has been paid for through the sale of team stock, which has no true value despite its $250 sale price. Currently, the team has raised nearly half of the $143 million needed for the expansion through stock sales. With more than 250,000 sold, that is $62.5 million.

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