The Ravens confirmed they are raising their ticket prices for the first time in four years in a letter to season ticket holders.
Ticket prices will increase anywhere from 4.7 percent to 10.3 percent, depending upon the location of the tickets. The increase comes on the heels of an 8-8 season that saw the Ravens miss the playoffs for the third time in four seasons. The Ravens’ last ticket increase occurred in 2013, the season after winning the Super Bowl.
Earlier in the week, the Ravens announced a $144 million improvement project to M&T Bank Stadium – with the Ravens investing $120 million and the Maryland Sports Authority contributing $24 million.
Ravens president Dick Cass said at the “State of the Ravens” press conference in January that an increase in ticket prices was expected.
“We haven’t raised prices in four years, we’ve only raised prices once in the last eight,” Cass said in January. “Also, since we last raised prices, we’ve spent about $45 million improving the stadium, and over the next two-and-a-half years, we’re going to spend an additional $120 million, and that will include putting some escalators and elevators to the top level, which will make a lot of our PSL holders up there happy.”