Apr 24, 2012, 9:40 AM EST
This is only a problem for a business that is used to having an anti-trust exemption: The New York Post reports that the Yankees are not pleased with StubHub — a partner of Major League Baseball — because Yankees tickets are for sale at very, very low prices:
. . . for the past few years, the cheapest unwanted Yankee tickets have been reselling on StubHub at just a few dollars apiece, and sources say the team isn’t happy.
For instance, right now there are 7,184 tickets listed on StubHub for next Monday night’s game against the Baltimore Orioles, with prices starting at just $3 — less than the price of a beer. If fans went to the Stadium box office or to Yankees.com, the team’s official site, those seats would cost $15.20 apiece.
The reporter, John Cruedle, says that the Yankees, the Angels and some other clubs “would like StubHub to place a floor on ticket prices offered for sale on their site.”
Because, apparently, the Yankees believe that people wouldn’t sell their tickets for more on StubHub if they could? Or am I just missing something about how markets are supposed to work?
- Giants acquire Casey McGehee from the Marlins 14
- The Padres have given their fans something to talk about. Which is badly needed in San Diego. 64
- Justin Upton traded to the Padres for three prospects 79
- Bud Selig will get a $6 million a year pension. Which is obscene. 142
- Jake Peavy agrees to a two-year, $24 million deal to stay with the San Francisco Giants 25
- Matt Kemp has officially been traded to the Padres 29
- Padres acquire catcher Derek Norris from Athletics 38
- St. Petersburg City Council votes down deal to allow Rays to look for new stadium site 90
- The United States will seek to normalize relations with Cuba (144)
- Bud Selig will get a $6 million a year pension. Which is obscene. (142)
- Cubs, Red Sox, Dodgers, Padres, Rangers, and Astros interested in Phillies’ Cole Hamels (111)
- Rays, Padres, Nationals agree to 11-player trade (97)
- Chase Headley signs a four-year deal with the Yankees worth at least $52 million. (95)