How does the ticket price affect sports attendance?

Ticket prices significantly influence sports attendance, as higher prices can deter potential fans, especially those with limited budgets. Conversely, lower prices may attract more spectators, increasing overall attendance. Additionally, pricing strategies, such as discounts or dynamic pricing, can maximize turnout by appealing to different audience segments. Ultimately, finding the right balance is crucial for teams to maintain profitability while ensuring a vibrant atmosphere at events.