The Wall Street Journal published an interesting article today on the correlation between a ballpark’s winning percentage and the cost of the beer there. I’m admittedly not the biggest baseball fan (I blame it on one massive failure of a year playing Little League), but beer and economics is right up my alley. Beer prices can vary dramatically depending on the stadium. A 21 oz beer costs $4.75 in Pittsburgh, but a 20 oz beer costs $8.75 in San Francisco. That’s a hefty margin. So what’s the correlation?
A team with a .600 winning percentage charges, on average, about $1.30 more for a 16-ounce beer than does a team with a .400 percentage.
There are obviously anomalies, as writer Justin Merry points out.
[T]here’s Nationals Park where, in exchange for watching baseball’s worst team, fans get to spend $7.50 for a 20-ounce beer. Of course, nothing compares to Boston’s Fenway Park. There, you’ll pay $7.25 for just 12 ounces?a rate that is, ounce for ounce and win for win, the worst beer value in baseball.
No word on where Atlanta falls in all of this. At least we aren’t the Nationals.
Image source: wallyg