Are Marathon Fees Getting Out of Hand???
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2012-02-10 3:26 AM |
Champion 34263 Chicago | Subject: Are Marathon Fees Getting Out of Hand??? New York Marathon is now $255 for Americans and $347 for foreigners. Ouch! http://www.bloomberg.com/news/2012-02-10/marathoners-sprint-to-race... |
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2012-02-10 3:30 AM in reply to: #4039428 |
Subject: RE: Are Marathon Fees Getting Out of Hand??? You're asking a bunch of people who pay up to and including $600+ for a race if $255 is out of hand for a race? |
2012-02-10 4:00 AM in reply to: #4039428 |
Elite 7783 PEI, Canada | Subject: RE: Are Marathon Fees Getting Out of Hand??? Hypothetical situation here. Lets say I do a 12 hour IM and 5 hours of that is the marathon. That's 41.6% of the race. 41.6% of the $700 entry fee is $291. Seems like the $255 is a good deal! |
2012-02-10 4:13 AM in reply to: #4039428 |
Master 2177 | Subject: RE: Are Marathon Fees Getting Out of Hand??? The max I pay for marathons in these parts are $60. Size is def a factor. We don't get over 4k in racers, so security, swag, and such aren't as costly for organizers. Edited by Blanda 2012-02-10 4:14 AM |
2012-02-10 4:41 AM in reply to: #4039429 |
Champion 34263 Chicago | Subject: RE: Are Marathon Fees Getting Out of Hand??? DanielG - 2012-02-10 3:30 AM You're asking a bunch of people who pay up to and including $600+ for a race if $255 is out of hand for a race? Haha yeah but triathlons are worth it!!! And until this year the most I'd paid for a race was $375 for B2B Full ... I just shelled out nearly $700 for IMAZ. And I don't see IMAZ being any better organized or supported than B2B. There will be more fans there, though. |
2012-02-10 5:06 AM in reply to: #4039428 |
Subject: ... This user's post has been ignored. |
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2012-02-10 6:43 AM in reply to: #4039428 |
Runner | Subject: RE: Are Marathon Fees Getting Out of Hand??? I've never paid more than about $110 for a race. I do not plan on ever paying more than that. If that means not doing a race, so be it. Personally, for me, I don't like big races like NY anyway, so it's easy to avoid that type of cost. |
2012-02-10 6:53 AM in reply to: #4039428 |
Master 1704 Charlotte | Subject: RE: Are Marathon Fees Getting Out of Hand??? "Getting out of hand" is relative. NYC is still a lottery (and still only 1:3 odd of getting in) so no, the demand is greater than supply so they can charge what they want until demand lessens. They aren't just pocketing the extra money, they use (at least some of it) to improve the race every year to make it bigger and better. I paid $125 this year to enter Big Sur and I didn't blink an eye because I know they put on a great race on an awesome course. But I also think places like the Kiawah Marathon are way over priced ($90 - $100 for a boring 2 loop course on an island with one way in which requires a very minimal amount of police to control traffic). But even they get close to 1000 for the full and 2500 for the half because it has a total of about 6ft of elevation change. Exensive, yes. Out of control...not yet. There are always alternatives to the high priced races. Once those disappear, they I can say prices are out of control. But until then, you can control the price you pay to run 26.2. |
2012-02-10 7:20 AM in reply to: #4039542 |
Expert 1159 Charlotte, NC | Subject: RE: Are Marathon Fees Getting Out of Hand??? bgraboski - 2012-02-10 7:53 AM "Getting out of hand" is relative. NYC is still a lottery (and still only 1:3 odd of getting in) so no, the demand is greater than supply so they can charge what they want until demand lessens. They aren't just pocketing the extra money, they use (at least some of it) to improve the race every year to make it bigger and better. I paid $125 this year to enter Big Sur and I didn't blink an eye because I know they put on a great race on an awesome course. But I also think places like the Kiawah Marathon are way over priced ($90 - $100 for a boring 2 loop course on an island with one way in which requires a very minimal amount of police to control traffic). But even they get close to 1000 for the full and 2500 for the half because it has a total of about 6ft of elevation change. Exensive, yes. Out of control...not yet. There are always alternatives to the high priced races. Once those disappear, they I can say prices are out of control. But until then, you can control the price you pay to run 26.2. Agree with this. Chicago sold out in record time this year and New York still has a giant lottery. Price doesn't seem to be altering demand too much at this point. |
2012-02-10 7:52 AM in reply to: #4039428 |
Pro 6191 | Subject: RE: Are Marathon Fees Getting Out of Hand??? I paid $95 for my first marathon, which was ING Miami. I thought that was VERY reasonable. Of course, people that waited until later paid more. This is this year's pay schedule for the full:
Fast, flat, well-supported, HUGE race... though humid. I'd say it was worth it. |
2012-02-10 8:05 AM in reply to: #4039577 |
Regular 255 | Subject: RE: Are Marathon Fees Getting Out of Hand??? Patrick E - 2012-02-10 6:20 AM the demand is greater than supply so they can charge what they want until demand lessens. Exactly. This thread immediately made the capitalist in me come out.... why would it be getting out of hand, if they're still selling out immediately and making money? Maybe it's too expensive for you or me to afford, but apparently it's not too expensive for plenty of other people. It's just like ferraris. Sure, I can't afford one, but that doesn't make it out of hand - there's still plenty of demand for them at that price. That being said, I'm with everyone else... for $250 I'd rather just go run 26 miles on my own, or find a MUCH cheaper race. Edited by sevrdhed 2012-02-10 8:05 AM |
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2012-02-10 8:15 AM in reply to: #4039428 |
Master 2725 Washington, DC Metro | Subject: RE: Are Marathon Fees Getting Out of Hand??? NYC is a complete and utter joke in their whole lottery system. I hate the fact that they charge you just for the privilege of entering the lottery, and to top it off if you do get picked the lottery fee isn't even deducted from the entry fee. By my count they are making something like a million dollars every year just to have some $1000 software log and pick names. |
2012-02-10 8:17 AM in reply to: #4039429 |
Pro 5755 | Subject: RE: Are Marathon Fees Getting Out of Hand??? DanielG - 2012-02-10 4:30 AM You're asking a bunch of people who pay up to and including $600+ for a race if $255 is out of hand for a race? Is that race bib carbon? edit: I'm in the lottery. What the heck, for a day's entertainment that's really not bad. It's the ancillaries of being in NYC that are really expensive. Edited by BrianRunsPhilly 2012-02-10 8:20 AM |
2012-02-10 8:19 AM in reply to: #4039428 |
Pro 5011 Twin Cities | Subject: RE: Are Marathon Fees Getting Out of Hand??? Are people willing to pay it? If the answer to that is yes, then no. No, they aren't. |
2012-02-10 8:31 AM in reply to: #4039428 |
Veteran 253 Omaha, NE | Subject: RE: Are Marathon Fees Getting Out of Hand??? Yes, it's all expensive!! Of course, I have a stair race at the end of the month. Sells out in a couple weeks every year. It cost $50, and it takes me about 7-9 MINUTES to do. Do the math on that one!! Makes the Ironman seem like a bargin. ---Ali |
2012-02-10 9:20 AM in reply to: #4039428 |
Master 2236 Denison Texas | Subject: RE: Are Marathon Fees Getting Out of Hand??? The Dallas White Rock Marathon was right at $100 for me, that is $3.71 a mile. Seems reasonable for 5 hours (for me) of traffic/crowd control aid stations etc. Conversely I have paid as much as $30 for a local 5k (race day entry), that comes to $9.67/mile for an event that takes me in the neighborhood of 20 minutes to do, and a 1 hour drive each direction. Still worth it obviously because I keep doing them, no one makes me, but it sort of puts in perspective the costs of bigger races. |
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2012-02-10 9:20 AM in reply to: #4039714 |
Not a Coach 11473 Media, PA | Subject: RE: Are Marathon Fees Getting Out of Hand??? Sous - 2012-02-10 9:15 AM NYC is a complete and utter joke in their whole lottery system. I hate the fact that they charge you just for the privilege of entering the lottery, and to top it off if you do get picked the lottery fee isn't even deducted from the entry fee. By my count they are making something like a million dollars every year just to have some $1000 software log and pick names. How does that Kona lottery work again? The market has determined that these fees are not overpriced yet. It is very hard to increase supply fast enough to reach demand as long as the demand is sensitive to venue (it's likely near-impossible to get a second NYC or Boston marathon added to the calendar). There could be a virtual endless supply of marathons or IMs. But, to date, demand has remain heavily focused on a limited number of those options for a variety of reasons. My guess is they still have a good bit of pricing flexibility before they damage their economics. And most of them will likely notice and respond to a change in demand, if necessary. |
2012-02-10 9:35 AM in reply to: #4039428 |
Expert 972 Falls Church | Subject: RE: Are Marathon Fees Getting Out of Hand??? I did not sign up for the Rock-n-Roll half marathon in DC (March 17th) because the fee was $110 after the new year ($80 earlier). The $110 for a HM just wasn't worth it for me. The marathon fee was $125. |
2012-02-10 9:49 AM in reply to: #4039902 |
Expert 1159 Charlotte, NC | Subject: RE: Are Marathon Fees Getting Out of Hand??? hoffsquared - 2012-02-10 10:35 AM I did not sign up for the Rock-n-Roll half marathon in DC (March 17th) because the fee was $110 after the new year ($80 earlier). The $110 for a HM just wasn't worth it for me. The marathon fee was $125. Seems like you should have signed up for the marathon then! |
2012-02-10 9:52 AM in reply to: #4039869 |
Master 2725 Washington, DC Metro | Subject: RE: Are Marathon Fees Getting Out of Hand??? JohnnyKay - 2012-02-10 10:20 AM Sous - 2012-02-10 9:15 AM NYC is a complete and utter joke in their whole lottery system. I hate the fact that they charge you just for the privilege of entering the lottery, and to top it off if you do get picked the lottery fee isn't even deducted from the entry fee. By my count they are making something like a million dollars every year just to have some $1000 software log and pick names. How does that Kona lottery work again? The market has determined that these fees are not overpriced yet. It is very hard to increase supply fast enough to reach demand as long as the demand is sensitive to venue (it's likely near-impossible to get a second NYC or Boston marathon added to the calendar). There could be a virtual endless supply of marathons or IMs. But, to date, demand has remain heavily focused on a limited number of those options for a variety of reasons. My guess is they still have a good bit of pricing flexibility before they damage their economics. And most of them will likely notice and respond to a change in demand, if necessary. Which is exactly why I'm not entering the Kona lottery. Plenty of other high quality, well run races out there at half or less the price. If I somehow qualify for Kona (never happen) then maybe I'll do it... otherwise not gonna happen. |
2012-02-10 10:01 AM in reply to: #4039942 |
Not a Coach 11473 Media, PA | Subject: RE: Are Marathon Fees Getting Out of Hand??? Sous - 2012-02-10 10:52 AM JohnnyKay - 2012-02-10 10:20 AM Sous - 2012-02-10 9:15 AM NYC is a complete and utter joke in their whole lottery system. I hate the fact that they charge you just for the privilege of entering the lottery, and to top it off if you do get picked the lottery fee isn't even deducted from the entry fee. By my count they are making something like a million dollars every year just to have some $1000 software log and pick names. How does that Kona lottery work again? The market has determined that these fees are not overpriced yet. It is very hard to increase supply fast enough to reach demand as long as the demand is sensitive to venue (it's likely near-impossible to get a second NYC or Boston marathon added to the calendar). There could be a virtual endless supply of marathons or IMs. But, to date, demand has remain heavily focused on a limited number of those options for a variety of reasons. My guess is they still have a good bit of pricing flexibility before they damage their economics. And most of them will likely notice and respond to a change in demand, if necessary. Which is exactly why I'm not entering the Kona lottery. Plenty of other high quality, well run races out there at half or less the price. If I somehow qualify for Kona (never happen) then maybe I'll do it... otherwise not gonna happen. I was sort of joking and I won't enter either lottery, at least partly for that reason, either. But, the fact that many people do (year after year) just helps illustrate the demand. Until they shake out more of that demand, there is no reason fees won't climb higher still. I think Apple products are overpriced. I mean, really, why should they make such a huge margin on their hardware when other phone/computer makers get a fraction of that? There are many people who simply can't afford their products, but would buy them at lower price points. My house owns an iPad, a few iPods, etc... |
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2012-02-10 10:07 AM in reply to: #4039428 |
Pro 4339 Husker Nation | Subject: RE: Are Marathon Fees Getting Out of Hand??? The Lincoln marathon is mostly flat, well-supported and spectated, gets high reviews from Runner's World and Marathonguide.com, and costs $80-120. It sells out though (after 27 days this time), so register early. |
2012-02-10 10:09 AM in reply to: #4039966 |
Master 2725 Washington, DC Metro | Subject: RE: Are Marathon Fees Getting Out of Hand??? JohnnyKay - 2012-02-10 11:01 AM Sous - 2012-02-10 10:52 AM JohnnyKay - 2012-02-10 10:20 AM Sous - 2012-02-10 9:15 AM NYC is a complete and utter joke in their whole lottery system. I hate the fact that they charge you just for the privilege of entering the lottery, and to top it off if you do get picked the lottery fee isn't even deducted from the entry fee. By my count they are making something like a million dollars every year just to have some $1000 software log and pick names. How does that Kona lottery work again? The market has determined that these fees are not overpriced yet. It is very hard to increase supply fast enough to reach demand as long as the demand is sensitive to venue (it's likely near-impossible to get a second NYC or Boston marathon added to the calendar). There could be a virtual endless supply of marathons or IMs. But, to date, demand has remain heavily focused on a limited number of those options for a variety of reasons. My guess is they still have a good bit of pricing flexibility before they damage their economics. And most of them will likely notice and respond to a change in demand, if necessary. Which is exactly why I'm not entering the Kona lottery. Plenty of other high quality, well run races out there at half or less the price. If I somehow qualify for Kona (never happen) then maybe I'll do it... otherwise not gonna happen. I was sort of joking and I won't enter either lottery, at least partly for that reason, either. But, the fact that many people do (year after year) just helps illustrate the demand. Until they shake out more of that demand, there is no reason fees won't climb higher still. I think Apple products are overpriced. I mean, really, why should they make such a huge margin on their hardware when other phone/computer makers get a fraction of that? There are many people who simply can't afford their products, but would buy them at lower price points. My house owns an iPad, a few iPods, etc... Yea I didn't take your comment as slamming me, and I agree with you. The market seems to be supporting it so it can't really be "out of control." If the time comes that all these folks say "you know what, I'm just not going to pay that" then you'll see prices come down... simple supply and demand. |
2012-02-10 10:23 AM in reply to: #4039428 |
Alpharetta, Georgia | Subject: RE: Are Marathon Fees Getting Out of Hand??? Agree with the "not when we keep paying for it" crowd. Funny, my local marathon costs $65. Guess it's the same idea as the IM-branded vs. independent 140.6 race debate. I feel I get what I pay for, in terms of atmosphere and experience. YMMV. |
2012-02-10 11:05 AM in reply to: #4039428 |
Wichita | Subject: RE: Are Marathon Fees Getting Out of Hand??? I got in the NYC marathon by joining the American Cancer Society's DetermiNation fundraising team. While the fee to be in it is high, my thinking was that it was a once in a lifetime race for me. I will pay it because I will never get a qualifying time. And as others have said, until they can't fill the race obviously the demand is there to get those prices. |
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