“Missing Tiger is a big deal."
/Bloomberg's Eben Novy-Williams reports that EBay and StubHub pricing suggests a 20% drop in U.S. Open ticket resale prices after Tiger's WD.
Four-day tickets to the tournament on EBay Inc. (EBAY)’s Stubhub dropped today to $402 from almost $500 on June 7, when Woods withdrew because of leg injuries, company spokesman Glenn Lehrman said in a telephone interview.
Lehrman said he anticipates prices will continue to drop another 17 percent by next week. The tournament, the year’s second major championship, begins June 16 at Congressional Country Club outside Washington.
“Missing Tiger is a big deal,” Lehrman said. “He’s a huge draw, not only for tickets, but also for television ratings.”