Tickets to Bruce Springsteen’s Broadway show have hit $12,500.
The show, which opened to rave reviews last week at New York’s Walter Kerr Theater, is sold out on Broadway’s official ticket-selling service where tickets were originally listed for between $200 and $875 each.
As is the norm with big-name acts, a wave were bought by secondary handlers and are now being sold for 14 times their original price.
On StubHub, the most popular of them, two seats in Row A in the Orchestra Center section of the 960-seat Walter Kerr Theater on the show’s closing night are being sold at $12,500 each.
Others are being sold for $10,000 and $5,000 a piece and the cheapest on StubHub are $1,950.
Tickets to Springsteen on Broadway (Springsteen is seen above on stage at the Walter Kerr Theater on the opening night on October 12) are being sold for 14 times their original price on secondary markets
The best seats in the theater at Springsteen’s final performance on February 3 are being sold for $12,500 each on StubHub
It does not however surpass the highest secondary ticket price every recorded.
In 2016, a pair of Hamilton tickets were sold for $20,000 each on StubHub and others were being sold on TicketMaster for $15,174.
When Hamilton introduced to Broadway last April, it broke the record for the most expensive original ticket price with the best seats being sold for $843.
That record was broken by Springsteen’s show at which the best tickets had an original sale price for $875.
On the same night as Springsteen’s final date in February, tickets to Hamilton in the Orchestra Center section of the Richard Rodgers theater are $3,000 at most.
Hamilton ticket prices have dropped since Manuel-Miranda’s final performance last July.
It still drew more money than Springsteen, known as The Boss, last week, ($2,930,747 compared to Springsteen’s $1,924, 818) but Hamilton had twice as many performances.
Hello, Dolly!, which also put on twice as many performances as Springsteen, grossed just $154,000 more than The Boss at the box office.
Hamilton still holds the title for the most expensive individual ticket price. Last year, tickets to Lin Manuel-Miranda’s final performance were being sold on StubHub for $20,000 each
Springsteen (above last week with his wife Patti Scialfa) described the show as an ‘intimate’
For every Springsteen performance, 26 tickets are sold for $75 through a lottery.
Springsteen’s show runs from October to February at the Walter Kerr Theater.
SPRINGSTEEN vs THE MUSICALS
The below figures are taken from the past week of box office sales and were compiled by The Broadway League.
Springsteen on Broadway – 4 shows
Musicals – 8 shows each
Hamilton : $2,930,747
Hello, Dolly! : $2,371,088
Lion King: $2,079,369
It was inspired by a quiet concert he performed for President Obama’s staff before they left the White House in January.
Unlike Hamilton or other Broadway productions, Springsteen’s show has no elaborate set or costumes.
Instead he appears on stage alone with a piano and a microphone stand.
‘It’s not a concert; not a typical one-man-show; certainly not a Broadway musical,’ noted one review in Rolling Stone.
It is now clear how much he himself will make from the show and how much will go to the theater after staff and crew are paid.
Springsteen’s long-time manager John Landau did not respond to questions on the matter on Tuesday.
The most expensive individual concert ticket was to Led Zeppelin’s 2007 ticket performance at London’s 02 Arena which was sold on StubHub for $14,700.
Tickets to Springsteen’s arena concerts cost around $200 on average.
The show opened to rave reviews last week and attracted a crowd of stars on its opening night. Above left, Springsteen’s E-Street Band guitarist Steven Van Zandt with his wife Maureen and actress Tina Fey (right) with husband Jeff Richmond