Golden State Warriors to raise ticket prices!

Courtesy of ESPN and SF Gate:

The Warriors are set to raise ticket prices again next season, a team spokesperson has confirmed with The Chronicle.

The increases, which were first reported by ESPN, will depend on location and range from approximately 15 to 25 percent.

The most affordable seats for season-ticket holders will spike from $32 to $40 per game. Not including the playoffs, the most sought-after courtside seats will rise from $625 to $715.

This is the latest in a series of ticket-price increases since Golden State emerged as one of the NBA’s top teams. During the Warriors’ league-title-winning 2014-15 season, their lowest season-ticket price seat was $18, per ESPN, while courtside was $450 per game.

The latest increases come at a time in which around 6,000 tickets per game are being resold for an average of 70 percent above face value, according to a team spokesperson.

Rising ticket prices have hardly hurt attendance. More than 99 percent of season-ticket holders renewed last season, and there are currently more than 32,000 people on the team’s season-ticket holder waiting list. Golden State, which has sold out 214 straight home games, ranks eighth in the NBA with an average home attendance of 19,596.