'Section 56:8-35.1 of the New Jersey Consumer Fraud Act reads:
“It shall be an unlawful practice for a person, who has access to tickets to an event prior to the tickets’ release for sale to the general public, to withhold those tickets from sale to the general public in an amount exceeding 5 percent of all available seating for the event.”
While certainly a mouthful, to Mr. Finkelman and Mr. Nagel this passage from the law explicitly forbids the N.F.L.’s practice of providing only 1 percent of Super Bowl tickets for sale to the public. In fact, it would seem to dictate that 95 percent of the seats must be sold that way. '
$2000 for a cheap seat ticket to watch millionaires chase an elongated ball in a billion dollar stadium built with taxpayer money...
The Super Bowl lasts only a few hours, but he'll be subscribed to Rolling Stone for the rest of his life.
Whle I agree with him that “the law” is not being followed, I disagree that the government should “do something about it”.
If the free market dictates that there are people willing to pay $2000 for a rare item then so be it.
What this shows to me is the failure, once again, of The Government in trying to impart a solution, as all government solutions that try to change the natural laws of supply and demand are doomed to be.
(like in health care)
Not sure how I feel about this. If they go on sale to the general public then there will be brokers who will buy up tons of tickets at face value and then turn around and scalp them. You’re in the same boat but now you’re dealing with those who might not be as well regulated. I guess you can put limits on how many tickets one person can buy but then people will have surrogates, etc. etc.
Not sure how I feel about this. If they go on sale to the general public then there will be brokers who will buy up tons of tickets at face value and then turn around and scalp them. You’re in the same boat but now you’re dealing with those who might not be as well regulated. I guess you can put limits on how many tickets one person can buy but then people will have surrogates, etc. etc.
He should have waited to make his purchase since the average ticket price is now about $1,100 which is only a few hundred more than what season ticket holders are paying.
“...the N.F.L.’s practice of providing only 1 percent of Super Bowl tickets for sale to the public.”
Holy cow. I guess you can get away with this when you hold your ultimate game in a location where the majority of the people living there don’t usually have a vested interest in either team?
Freegards
I get better seats in my house and it doesn’t cost 2000 dollars.
1470 currently available on StubHub
The good seats for events are rarely ever in the computer, even before any “pre-sale password” sales have occurred.
In the old days, they would be set aside as “promotional” and sold on the sly from persons working within the front office.
Now Ticketmaster owns their own ticket scalping agency. As if having the exclusive contract on the civic venues (through Live Nation), etc wasn’t enough of an edge in business dealings.
Say, what? Just a couple days ago there was a thread on FR that they couldn’t be given away.