Sports Business

Sports Business

The average price on a badge to get in to The Masters costs about $325, but you can bet a majority of those in Augusta this weekend bought theirs on the secondary market.

The cost there? About $3,000.

[MORE: Sports Business Minute: Economic factors of The Masters]

Factor in that number, plus merchandise (which averages about $400 per person), mandatory three-night hotel stays and additional expenses, and a few days at The Masters can run up quite a large tab pretty quickly.

Sports Business Insider Rick Horrow is in attendance to discuss the economics inside The Masters and gives examples of what an average day at the major tournament costs.

See what he had to say in the video above.