Fresh off their second Super Bowl title, the Ravens will raise ticket prices at M&T Bank Stadium for the 2013-14 season, their first increase in four years and their sixth since the downtown stadium opened in 1998.
Tickets in the seating bowl will increase by an average of 10 percent, said Kevin Byrne, the Ravens senior vice president for public and community relations. Season ticket holders will get their renewal letters in the mail this week.
“We are thoughtful and detailed in our study of our ticket prices,” Byrne said. “We did a lot of research plus comparisons to other NFL teams, other events, and also most importantly, our budget. This is not related to the Super Bowl. It has been planned. It was planned last year when we didn’t increase when we thought we would.”
The Ravens are also expected to announce a two-year plan for improvements and renovations at M&T Bank Stadium later this week. The first part of the plan will be completed before the 2013-14 preseason.
When the Ravens last increased ticket prices before the 2009 season, select seats went up anywhere from $5 to $15 per ticket.
The Ravens had raised ticket prices every other year from 2001 to 2009 but that pattern ended in 2011 because of the potential NFL lockout. When announcing last February that ticket prices would stay the same, the organization cited already competitive prices and a difficult economic environment.