Music Industry

Published on March 29th, 2018 | by Alan Cross

1

Yet another wrinkle in whole controversy around the secondary ticket market

There’s a CBC report today on how the Toronto Blue Jays are scalping their own tickets. The report says that over 20,000 tickets for today’s MLB opener were available for sale on secondary seller StubHub and that many of them are there courtesy of the club itself.

Pretty stinky, right? Especially since opening day is always a guaranteed sellout every single season.

So why would the Blue Jays scalp their own tickets? To make a little extra money, of course–and to hedge against a total collapse in attendance that will come later this season.

Many pro sports teams have long-term deals with ticket brokers as a way of taking out insurance against falls in attendance. In the case of the Blue Jays, a team in a rebuilding cycle, there will be plenty of empty seats come August when the team is out of pennant contention. Selling blocks of tickets throughout the season to brokers is a way transferring the financial risk of unsold tickets onto the brokers.

The seats may remain unsold, but the Blue Jays have the money in the bank. If the team gets hot and tickets are hard to come by in August, the broker can cash in with (apparently) the Blue Jays getting a piece of the action.

Which brings us back to the ungodly number of Jays tickets on StubHub for opening day. This sounds like part of a season-long arrangement. The Jays and StubHub both know the late summer months will be rough and that the chances of StubHub making back all their money from that portion of the season appears slim. I’m guessing that deals were made for high-profile, sure-to-sell-out series to smooth things out for StubHub–and that includes reserving a ton of tickets for opening day.

Yes, it stinks. Yes, it seems that the team is shafting its own fans. But maintaining a pro sports team is expensive. To the front office, any angle is a good angle, I guess.

 




Tags: , , ,


About the Author

is an internationally known broadcaster, interviewer, writer, consultant, blogger and speaker. In his 30+ years in the music business, Alan has interviewed the biggest names in rock, from David Bowie and U2 to Pearl Jam and the Foo Fighters. He’s also known as a musicologist and documentarian through programs like The Ongoing History of New Music.


Related Posts


One Response to Yet another wrinkle in whole controversy around the secondary ticket market

  1. Mike says:

    sure it’s super sleazy and scuzzy, but in reality its a league wide contract, not a shitty Rogers only thing…

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Back to Top ↑
  • FOLLOW ALAN


  • EntertainmentTO

    Music Tech MeetUp

    EntertainmentTO is the best way to expand your knowledge and network within Toronto’s Entertainment Tech community. Our mission is to inspire and empower those interested in shaping the future of Entertainment, including music, video, sports, and gaming.

    EntertainmentTO is led by Alan Cross, best known nationally and internationally as host of the syndicated radio series The Ongoing History of New Music, The Edge, Q107, and more.

    Join us as we bridge the gap between technology, innovation, and entertainment.

  • Twitter