NEW ORLEANS — Blame Chiefs fatigue or a simple matter of supply and demand, but ticket prices for Super Bowl LIX are down sharply ahead of Sunday’s game.

StubHub reported that as of Wednesday night, the “Get In” price was $3,229. That was down 5 percent from the previous day and down a whopping 43 percent compared to this time last year.

There were more than 4,700 tickets available on StubHub on Wednesday night, down 1 percent from the previous day and 15 percent year-over-year.

A number of contributing factors are at play.

While Kansas City is attempting an historic title three-peat, StubHub reported that only 7 percent of all tickets sold have been buyers from Kansas or Missouri. That’s compared to 15 percent being from Philadelphia.

The Caesars Superdome also has a capacity of more than 76,000 on game day, while last year’s venue — Allegiant Stadium in Las Vegas — had the smallest capacity crowd in Super Bowl history at a little over 60,000 seats.

StubHub pointed to the 2023 Super Bowl won by the Chiefs over the Eagles in Glendale, Ariz. for additional comparable data.

The company said that the most recent ticket demand on the site is outpacing sales from two years ago. It also said that buyers from Kansas and Missouri are outpacing the number of tickets sold by the same point in 2023 by 85 percent, while Pennsylvania buyers are up nearly 35 percent.

The average price of Super Bowl tickets sold on StubHub as of Wednesday was $7,392 — down 15 percent from this point last year in Las Vegas but “on par” with Super Bowl LVII in 2023.

“Sunday’s highly-anticipated Super Bowl rematch is expected to exceed the final sales of the 2023 game in Arizona (Wednesday), though prices remain in line with that year,” StubHub spokesman Adam Budelli said. “We’re also seeing a higher concentration of buyers from the Chiefs’ and Eagles’ home states compared to 2023.”

–Derek Harper, Field Level Media