By Alfred Branch, Jr. New York Gov. Eliot Spitzer today signed a bill that removes all caps on what brokers and others can charge...

By Alfred Branch, Jr.

New York Gov. Eliot Spitzer today signed a bill that removes all caps on what brokers and others can charge to resell tickets to events in the state, but the bill also prohibits New York sports teams from canceling the season tickets of fans who resell them.

Sponsored by state Assemblyman Joseph Morelle of Rochester, the bill was designed to thwart the New York Yankees and other teams from punishing season ticket holders for reselling their tickets. The Yankees want to control the secondary market for its tickets and strictly prohibits any resale. The team is creating a ticket exchange website where season ticket holders are authorized to resell their unused tickets. . .

“The bill also adds new language prohibiting the operators of places of entertainment from placing restrictions on their fans regarding the resale price and method of resale for tickets,” the new law states, which would mean the Yankees and others would have to drop their policy.

Several National Football League teams, including the Buffalo Bills and other professional teams have already created or plan to establish their own dedicated ticket exchanges.

There was little doubt the bill would be put into law as it not only had the support of the governor, but had also received support from New York City Mayor Michael Bloomberg.

“Our ticket resale laws have needed reform for many years. This is the only market in which the government does not regulate the primary market, the initial price of a product, but then imposes limits on the secondary market, the resale price of the product,” Gov. Spitzer told New York Newsday. “This law makes sense because it eliminates resale price controls and lets the free market determine prices.”

Comments

comments

  • Anonymous

    September 7, 2007 #1 Author

    LOVE IT! NOW, NOT JUST SCALPERS CAN MAKE A LITTLE MONEY IF THEY CAN’T MAKE A GAME THEY PAID FOR

  • Joe Todaro

    December 21, 2007 #2 Author

    This is gonna suck for people of Buffalo when they have to shell out big bucks to go to a Sabres game. The days of finding reasonably priced tickets on stub hub are over Sabres fans. Now the scalpers, the lowest scum of the earth will get all your money.

  • Kelly Lyon

    April 6, 2008 #3 Author

    What about the fan clubs for big bands and re-selling their tickets? I am in the Warehouse, Dave Matthews Band fan club association, and there is a rule within the Warehoue that you cannot sell thier tickets over face value. I am wondering if this law would pertain to these tickets. I think probably not because the fan club base is in Virginia and not New York.

    Overall, I think this law is not good for fans of the sport or entertainment outlet. People are going to buy in bulk and sell for more than anyone who really cares about the venue can pay.

  • Angry Teenager

    October 8, 2009 #4 Author

    this sucks.
    tons of teenagers
    and young adults
    and middle aged people
    and seniors
    are now going to have to pay 200% the ticket price for general admission.
    why did spitzer do this
    i don’t follow sports
    but i understand that being charged for selling a season pass would not be enjoyable
    but this is not how to solve the problem.
    it simply creates a larger problem
    now people who like live music are suffering because of the sports teams penny-pinching ways.
    great.
    just f**king great.

  • Anonymous

    July 31, 2009 #5 Author

    Are there laws in New Hampshire?Thx


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