Crain’s Shea: Joe Louis Arena seats going fast

Crain’s Detroit Business’s Bill Shea reports that the seats at Joe Louis Arena, which won’t be on sale to the general public until May 12th, are going fast in a season ticket-holder-only sale:

Sales of the seats from to-be-demolished Joe Louis Arena have reached into the “low thousands” since the online auction went live Tuesday.

The sale is limited for now to Detroit Red Wings season ticket holders, who can request their former seats at the arena. The general public can buy seats beginning May 12, and about 16,000 seats in total are being made available ranging in price from $150 to $350.

The online seat auction will be at thejoeseats.com.

City-owned Joe Louis Arena was home to the Wings from 1979 until last year, when the team relocated to new Little Caesars Arena. The old arena will be razed and the site redeveloped.

Detroit’s building authority hired Byron Center-based appraisal and auction firm Miedema Asset Management Group Inc. and Bloomfield Hills-based industrial asset auctioneer Robert Levy Associates LLC to handle the direct sale of the seats and fixtures.

Levy estimated that the Red Wings had about 7,000 season ticket holders eligible to buy seats. He didn’t have a specific seat sale total as of Friday morning.

“Seat sales are above expectations. We’re very pleased,” Levy said. “I’m hopeful we’re going to sell them all.”

Shea continues...

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George Malik

My name is George Malik, and I'm the Malik Report's editor/blogger/poster. I have been blogging about the Red Wings since 2006, when MLive hired me to work their SlapShots blog, and I joined Kukla's Korner in 2011 as The Malik Report. I'm starting The Malik Report as a stand-alone site, hoping that having my readers fund the website is indeed the way to go to build a better community and create better content.