Food and drinks at most US sports stadiums cost significantly more than they cost outside the venue. Exclusive concession contracts, private stadium operations and restrictions on outside food have created a captive market that allows teams and vendors to charge fans more, even though many stadiums were built with taxpayer dollars. We examined some of the proposed laws that could limit concession markups and hold publicly funded stadiums more accountable for high prices.
00:00 – Intro
01:21 – Concessionaire Control
04:05 – Corporate Ownership
06:05 – Concession Prices Today
08:28 – Captive Audience in Stadiums
09:35 – New Bills
13:19 – ‘Fan First’ Pricing
15:15 – Future of Stadium Food Pricing
16:18 – Credits
——————————————————
#stadiumfood #sportsstadium #concessions #soexpensive
WATCH MORE EPISODES FROM SO EXPENSIVE:
The Illegal Business Of Fake World Cup Jerseys
https://youtu.be/RZGsfvFXStY
How America Made The World Cup Unaffordable
https://youtu.be/dlkgv-rYE4o
The Real Reason Beef Prices Are So Expensive
https://youtu.be/Aoc-s-_84Ig
Business Insider is a global newsroom covering business, technology, innovation, and the economy.
Visit our homepage for the top stories of the day: https://www.businessinsider.com/?utm_source=youtube
Sign up for our newsletters: https://www.businessinsider.com/subscription/newsletter?utm_source=youtube
Find Business Insider on Facebook: https://www.facebook.com/businessinsider
… on Instagram: https://www.instagram.com/businessinsider
… on X: https://x.com/BusinessInsider
… on TikTok: https://www.tiktok.com/@businessinsider
Why Stadium Food Is So Expensive | So Expensive | Business Insider
Business Insider is a video channel brought to you by SloppBoxx.Com, a global newsroom covering business, technology, and the economy.
Read “I tried 13 fast-food double cheeseburgers and ranked them”: https://bit.ly/3T3SlVK
Titl should have read “publicly funded stadiums”
1:51 I think she meant to say 80s. Late 1800s would mean major league sports existed 24yrs after the found of the United States.
Whenever you see UNITE HERE Local 11 go on strike, the price will go up
Stop doing trash news. No one cares about sports.
@tristanbulluss9386 technically, it involves sports, yes- but this piece of “news” (you’re extremely generous in describing it that way) is definitely NOT about sports beyond just the surface level excuse needed to push a narrative…
A narrative half the country will be parroting as if they’ve believed it their entire lives – a narrative that will spread like wildfire over the next several weeks – a narrative which will have people on a certain side of the political spectrum unironically believing and pushing new talking points such as, “If you don’t agree with and ENJOY paying $38.99 for a $0.21 hotdog, alongside $82.98 for a $1.12 can of beer, then you are being EXTREMELY IRRESPONSIBLE by using your one day off work to go watch a game when you VERY CLEARLY should either be working overtime or a third job, instead. The job-creators (who have already sacrificed so much out of pure altruism, alone) NEED to charge more than that for concessions just to break even. They’re intentionally taking a loss because they want to provide the average Joe with a higher quality of life! If you cannot afford subsided concessions, you simply have chosen to NOT pull yourself up by your bootstraps- you have consciously chosen to NOT apply yourself. The last thing you need to be doing is taking a day off work to go to a game!”
The same people complaining about the high cost, are the same people who scream “SOCIALISM!” whenever someone proposes to lower prices like NYC mayor Mamdani did with his publicly run grocery stores.
All this will do is raise the prices of tickets even higher than they are now. Bottom line is there in the profit business. They’re paying these athletes billions of dollars in many cases. And people are paying the price. Now you want to have communism injected into sports. Good luck.
Keep paying athletes millions of dollars
How much does it cost to rent space in the stadium to sell food, or is it all handled by the stadium? I won’t eat at such a venue unless I’m there for a full day.
So the teams operating in public facilities can pay the city a percent of all funds collected including tickets. Cities get 100% parking lot fees. Public is to benefit the public.
You’re not forced to buy food and drinks at Dodger stadium. That’s why you stop off first at places like Phillipe’s and you can bring your own unopened bottles of water into the stadium.
I’m surprised that lumen field is low on the beer price because i thought it was expensive
They could charge you normal prices food and then you can pay a fortune for a ticket. Expensive food makes much more sense. You don’t need to eat at the stadium.
I feel Costco should buy a stadium and sell their $1.50 hot dogs and sodas!
They should put a Costco near by a stadium, $1.50 base for hot dogs lol
Who is “they” ? COSTCO location decisions are made by COSTCO management and it is not credible to think hot dog sales generated by a nearby sports stadium would be a factor
A scam like everything else….nothing new
I bring this up every time some store gets called out for gouging during a weather emergency or disaster. Once your in these places you’re a hostage. Nice job! Last NHL season I was commenting on how long it took Hurricane fans to get back to their seats after period intermissions, and a bunch of people said the service was crazy slow.
Location,location, location