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Hochul cautions about ticket scams as Knicks ticket prices soar

Knicks Ticket Sales Remain Strong Despite Game 1 Loss

The Knicks might have faltered on Wednesday, but their ticket sales continue to thrive.

Despite the disappointing performance in Game 1, fans are eagerly trying to secure seats for Game 2 against the Pacers on Friday.

Even standing room tickets are going for $577, so Knicks supporters are advised to only buy from credible reselling sites if they want to experience the game live at Madison Square Garden.

Fans need to be cautious when dealing with random resellers on platforms like Craigslist or Facebook Marketplace to avoid falling for counterfeit tickets, especially as the Knicks play in the Eastern Conference Finals for the first time in 25 years.

“We get it—New York fans are passionate,” a spokesperson noted, “but I just want to say, keep that excitement in check. Be careful when purchasing tickets; stick to trusted sources. Scammers are out there.”

Resold tickets are particularly attractive to casual fans looking to join in on the excitement, with reputable companies like Ticketmaster and SeatGeek being the go-to options.

As of Tuesday afternoon, the cheapest single ticket available on a legitimate site was an astounding $694.

The highest price ticket found on Thursday morning was a staggering $3,025. This could land you a seat close to the court, like in the third row, or similarly priced options further back.

Even the most basic nosebleed seats are priced at nearly $1,000.

As the Knicks progress, ticket prices are expected to soar. Early tickets for the NBA Finals are already being listed for at least $2,185, plus an additional $200 service fee.

Courtside seats can be as much as $105,000.

Dedicated Knicks fans are being given a chance to grab the expensive seats first, even if the team hasn’t guaranteed a spot in a specific game.

Exorbitant prices have already pushed desperate fans toward scammers offering enticingly low prices as so-called ticket resellers, prompting Hochul to issue an emergency warning on Tuesday.

Her office has filed “multiple” complaints with the Federal Trade Commission and the FBI’s Internet Crime Complaint Center regarding scalpers selling phony NBA tickets.

While the FTC has received just one formal complaint since the Knicks secured their spot in the Eastern Conference Finals, there have been 12 complaints just last month.

Last year, the agency recorded 48 complaints about Knicks tickets, revealing that many buyers suffered losses from fraudulent tickets purchased on social media platforms and faced other issues with ticket sales through online retailers.

Hochul’s office has urged fans to take several precautions to avoid ticket fraud:

  • Buy directly from venues or reputable vendors.
  • Avoid reselling markets like Craigslist, Facebook Marketplace, and casual street vendors.
  • Be wary of fake services that imitate legitimate payment platforms.
  • Verify the seller before completing a purchase.
  • Consider using a credit card that offers fraud protection.
  • Stay alert for suspiciously low prices: “If it seems too good to be true, it likely is,” her office warned.
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