Updated
Updated · The Associated Press · Jun 8
Knicks Fetch $1 Million for 2 NBA Finals Celebrity Seats, Setting Garden of Dreams Donation Record
Updated
Updated · The Associated Press · Jun 8

Knicks Fetch $1 Million for 2 NBA Finals Celebrity Seats, Setting Garden of Dreams Donation Record

3 articles · Updated · The Associated Press · Jun 8

Summary

  • $1 million won the Knicks' auction for two celebrity-row seats to Monday night's Game 3, the first NBA Finals game at Madison Square Garden since 1999.
  • Gibson Dunn and Veritas Capital split the winning bid for the courtside seats in section VIP 10, row AA, just off center court.
  • The proceeds go to the Garden of Dreams Foundation, and the Knicks said the auction produced the largest single donation in the charity's history.
  • The team does not normally sell those seats, which are typically reserved for celebrity regulars, while even the cheapest upper-deck resale tickets topped $6,000 and courtside listings exceeded $75,000.

Insights

How does this record sale compare to the most expensive sports tickets ever sold globally?
Is a $1 million charity seat a donation or the ultimate corporate marketing expense?
Are legacy sports fans being permanently priced out of attending historic moments?