Which psychological pricing strategy do major sports leagues most commonly use when pricing their limited edition championship merchandise?

The sports industry has mastered the art of premium pricing strategies, especially for exclusive merchandise and experiences. From limited edition team jerseys to VIP game experiences, sports brands understand how to leverage consumer psychology to maximize revenue while maintaining brand loyalty. Test your knowledge about the fascinating pricing strategies used in the sports industry and how they tap into fan psychology.

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Prestige pricing (deliberately pricing items high to create a perception of exceptional quality and exclusivity)
Penetration pricing (initially pricing items low to gain market share before gradually increasing prices)
Psychological pricing (using prices that end in .99 or .95 to make products appear less expensive)
Bundle pricing (offering multiple items together at a discount compared to buying them separately)