The New York Knicks announced on Thursday a temporary halt to ticket sales after a significant pricing error led to exorbitant individual game ticket prices. The tickets for the 20 October season opener against the Philadelphia 76ers were mistakenly listed at over $1,000.

In a statement, Madison Square Garden Sports explained, "We are pausing Knicks individual ticket sales due to a mistake in our pricing. We are rolling back to last year’s prices plus an average increase of 12%. We will restart sales with new prices shortly, and anyone who already purchased individual tickets will be refunded the difference."

Typically, ticket prices see an increase following playoff seasons, especially after the franchise secured its first NBA championship in 53 years last season. Notably, owner James Dolan refrains from raising prices when the team does not make the postseason.

When ticket sales opened to the general public on Wednesday, the get-in price for the first home game reached $1,363, according to TicketData.com, and peaked at $1,408 earlier in the week for Knicks Fan First Chase cardholders.

The season opener is anticipated to be a highlight of the regular season as the Knicks face a revamped 76ers team, featuring LeBron James and Jaylen Brown alongside Joel Embiid and Tyrese Maxey.

High ticket prices have faced criticism across the sports industry this year, with secondary market prices for Knicks' home games during the NBA finals nearing $9,000 for the least expensive seats at Madison Square Garden.

The average get-in price for the Knicks’ 45 scheduled preseason and regular season home games stands at $262, significantly higher than other teams, such as the Los Angeles Lakers at $130 and the Boston Celtics at $99.