Post-Season Ticket Prices (Split from "They Can Do This - Again and Again - Game Two Post Season IGT 10/06/24 NYM at PHL")

[TransMonk]

On Thursday, September 26th (after the Brewers had clinched, but before they knew who they were playing), I could find Row 1 club level seats for Game 2 in Milwaukee on Stubhub for $90. I don't know if prices and/or availability changed later once the teams were known (I assume so).



Sadly, I wasn't certain that the Mets would be the opponent and I had scheduling conflicts anyway.

[rchurch314]

=Gwreck post_id=174622 time=1728335175 user_id=56]
=rchurch314 post_id=174609 time=1728330715 user_id=195]I don't think the plan holders get that significant of a discount either.

[Gwreck]

=rchurch314 post_id=174903 time=1728438775 user_id=195]
=Gwreck post_id=174622 time=1728335175 user_id=56]
=rchurch314 post_id=174609 time=1728330715 user_id=195]I don't think the plan holders get that significant of a discount either.

[Gwreck]

Public sale for NLCS started today, with low price of $220 for promenade outfield.

[batmagadanleadoff]

Edgy MD wrote: New York, not so long ago, had laws prohibiting charging more than 10% above face value for resold tickets. I imagine the laws became largely unenforceable in the Internet age, but I'm not sure where the notion of scalping being an unseemly and exploitative practice went. I guess I can put it beside commercials for hard alcohol, advertising on uniforms, and gambling in the box of things MLB would seemingly never allow themselves to be associated with, that they now embrace wholeheartedly.

The issue is not so clear-cut and there are very good arguments to be made on both sides. Some states have no scalping laws whatsoever and a ticket owner in those states is free to do whatever the hell he wants to do with his ticket. There are no Federal laws directly regulating the resale of tickets.



Why shouldn't a ticket-holder be able to scalp his ticket to his heart's delight? Someone who bought a mint condition Mickey Mantle baseball card 60 years ago for a quarter and preserved the card's condition all these years later is free to sell that card for more money than he'd get from selling his house. Anybody who wants to buy Steve Cohen's Mookie/Buckner baseball, assuming Cohen offers it for sale, might have to pay millions of dollars for a ball that was once worth just a few bucks. What's the difference?

[kcmets]

Edgy MD wrote: New York, not so long ago, had laws prohibiting charging more than 10% above face value for resold tickets.

MLB partnering with re-sale places like StubHub erased all that.

But you're right. If you didn't want to scalp out at a stadium or a

Broadway show you had to drive to Fort Lee NJ or have an account

with a ticket broker who'd mail you tickets for like often 5X the $$.

[MFS62]

The person selling that Mickey Mantle card he got for 50 cents for, say, $100,000 (A conservative guess) would have to pay up to 20% long term capital gains tax on the difference ($99,999.50).

I'm not sure what the tax considerations are for reselling tickets (possibly at short term rates) if they honestly reported the sale.



Later

Edited October 9, 2024 by Guest

[batmagadanleadoff]

=MFS62 post_id=174962 time=1728498866 user_id=60]
The person selling that Mickey Mantle card he got for 50 cents for, say, $100,000 (A conservative guess) would have to pay up to 20% long term capital gains tax on the difference ($99,999.50).

I'm not sure what the tax considerations are for reselling tickets (possibly at short term rates).

[MFS62]

It wasn't meant to be judgmental for or against.

Just something that came to mind.

Later

[Edgy MD]

=batmagadanleadoff post_id=174957 time=1728496833 user_id=68]Why shouldn't a ticket-holder be able to scalp his ticket to his heart's delight?

[kcmets]

Obviously, MLB NFL and the like got tired of seeing their product

getting re-sold at a profit and wanted a cut so that's why they em-

braced/partnered with StubHubs and such.



I'm pretty much if people-are-gonna-pay-it then that's what it is...

[batmagadanleadoff]

I always imagined that the Wilpons were secretly scalping unsold Mets tickets on Stubhub and the like for their own personal gain through secret accounts and trusted family members acting as shills.

[batmagadanleadoff]

I always imagined that the Wilpons were secretly scalping unsold Mets tickets on Stubhub and the like for their own personal gain through secret accounts and trusted family members acting as shills.

That's some scam, now that I think about it. They'd make more money because they wouldn't have to share the profits from the "scalped" tickets with the rest of the league.

[Frayed Knot]

That sort of thing went on for years in the NFL where allotments of tickets teams received for the SB mysteriously wound up in bulk in the hands of shady ticket brokers leaving dealing with them often as the only avenue for a regular fan to score one.

I seem to remember Georgia Frontierre being involved in one such scam but don't remember the details and nothing was done about it anyway except maybe to make sure the evidence stayed more hidden in the future.

[rchurch314]

I always imagined that the Wilpons were secretly scalping unsold Mets tickets on Stubhub and the like for their own personal gain through secret accounts and trusted family members acting as shills. That's some scam, now that I think about it. They'd make more money because they wouldn't have to share the profits from the "scalped" tickets with the rest of the league.

lol, put down the tin foil, the wilpons, and the cohens, and roughly every other MLB owner is doing pretty much the same thing and they don't need to bother with illicit accounts or anything like that. they simply chunk and block sections and sell them in different presales, promotions, etc and then use the dynamic pricing module of their ticket service to $$$$$$$$$$ up the artificial scarcity.

[batmagadanleadoff]

I always imagined that the Wilpons were secretly scalping unsold Mets tickets on Stubhub and the like for their own personal gain through secret accounts and trusted family members acting as shills. That's some scam, now that I think about it. They'd make more money because they wouldn't have to share the profits from the "scalped" tickets with the rest of the league. lol, put down the tin foil, the wilpons, and the cohens, and roughly every other MLB owner is doing pretty much the same thing and they don't need to bother with illicit accounts or anything like that. they simply chunk and block sections and sell them in different presales, promotions, etc and then use the dynamic pricing module of their ticket service to $$$$$$$$$$ up the artificial scarcity.

All of the baseball owners are openly skirting baseball's rules to screw the other owners out of their rightful share of ticket sales revenue?

[metirish]

Definitely seeing some crazy prices

[MFS62]

"That's a rip-off, Suzyn".

Later

[Frayed Knot]

Tickets have resin just a bit over the years.

Thanks a lot Kamala!

Instagram

WWW.INSTAGRAM.COM

[ashie62]

https://x.com/ChrisKirschner/status/1848764746545140077 Definitely seeing some crazy prices

If this is a secondary market ticket what would you expect

[Gwreck]

The primary sale tickets were $900+ for standing room at Yankee Stadium. It's a seller's market, and the teams knew it when selling the tickets. The markup on the secondary market is, on a percentage basis, smaller than in past years since the primary sale prices were so high.

[Frayed Knot]

With the Yanx down two games to none, it's perhaps not surprising that secondary market ticket prices for the

upcoming games in da Bronx are plummeting acording to a NY Post article

[Gwreck]

Those NY Post “articles” — and that is a generous term — about ticket prices (they regularly run them about Taylor Swift shows and other high demand events) are thinly-disguised clickbait/advertisements with sponsored links to secondary market sellers. It's not exactly surprising for the NY Post but it's still unworthy of our attention.



That said, it should come as no surprise whatsoever that ticket prices dropped close to the event and with one team ahead 2-0. You could have also easily purchased primary market tickets — direct from the Yankees — for today's game if you wanted. They were still $900+ of course. The market will move but only so much.

[MFS62]

Buying standing room tickets for $1,000 is like smoking crack, really dumb.

But smoking crack is against the law.

Later

[Frayed Knot]

=Gwreck post_id=177706 time=1730153439 user_id=56]
Those NY Post “articles” — and that is a generous term — about ticket prices (they regularly run them about Taylor Swift shows and other high demand events) are thinly-disguised clickbait/advertisements with sponsored links to secondary market sellers. It's not exactly surprising for the NY Post but it's still unworthy of our attention.