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Antiscalping laws and the selling of season tickets by professional sports teams

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  • Philippe Cyrenne

Abstract

This note highlights some issues related to the distribution of season tickets by professional sports teams. I first consider a number of alternative methods teams could use to sell season tickets. I argue that primary ticket sellers do not want their tickets used as investments assets; rather, they prefer game tickets be viewed as consumption assets. In examining these alternatives, I argue that season tickets can be viewed as a bundle of prepaid forward contracts, which have a convenience yield. This can help explain the apparent “underpricing” of game day tickets, team reselling policies, and antiscalping laws.

Suggested Citation

  • Philippe Cyrenne, 2019. "Antiscalping laws and the selling of season tickets by professional sports teams," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 40(6), pages 718-727, September.
    • Handle: RePEc:wly:mgtdec:v:40:y:2019:i:6:p:718-727
    DOI: 10.1002/mde.3039
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