Secondary ticket market

10,780 Views | 94 Replies | Last: 10 mo ago by W
greg.w.h
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dBoy99 said:

greg.w.h said:

The key is revenue. Whatever it takes to support a program that regularly is in supers and Omaha is what we should provide seating for. Less capacity is more demand. Empty seats bring zero at park revenue.

I saw a great WSJ vid on the thinking in the latest Superdome reconfig and it addresses all forms of in-park revenue including getting people to their seats, limiting lines so they enjoy the game more, more club spaces, and so forth. It isn't just ticket sales. Though experience quality is just as important as price to help people feel good about the visit and have positive memories. So…allowing the complaints to not be meaningfully addressed is just not understanding the problem.

The flip side is overpricing the ticket denies revenue when in park. So we need to fund but we need to also make being there not a chore. We watch baseball (and other sports) as an escape not a job.

Season tickets and seat donations bring in revenue whether the ticket holders go to the game or not.

I ain't saying we need to go from 6,700 to 15,000. But we need to add at least 3,000 seats that aren't temporary bleachers like the ones along the LF line.
Yes. But gameday revenue is important, too. And atmosphere is better with more seats full.
TarponChaser
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twk said:

TarponChaser said:

Is there anything stopping the athletic department from creating it's own ticket resale platform, solely for A&M tickets, and refusing to accept tickets sold via 3rd party resellers like SeatGeek or StubHub?
Money.

It would cost money to develop their own resale platform, and they make money off of the deal with Seat Geek. They also get some useful pricing information from Seat Geek.
They could probably recoup expenses pretty quickly if they did it themselves. Just spit-ballin' here.
Ag13
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dBoy99 said:

No, I don't want football ticket holders to pay for Olsen expansion.

I'm a TMF donor and football ticket holder since 2002 and I can't get baseball season tickets. On the secondary market, GA/LAWN tickets for LSU are going for 10x face value.

That's ridiculous. And even more ridiculous that the TMF allows that to happen.
The best way to fix this would be to make somewhere between x and 10x the actual face value for the biggest games of the year and have the baseball program/athletic department rake in that massive revenue increase rather than resellers/Seat Geek.

The secondary market is telling everyone what pricing level fans will support. And it's a heck of a lot more than what season tickets cost.
twk
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Ag13 said:

dBoy99 said:

No, I don't want football ticket holders to pay for Olsen expansion.

I'm a TMF donor and football ticket holder since 2002 and I can't get baseball season tickets. On the secondary market, GA/LAWN tickets for LSU are going for 10x face value.

That's ridiculous. And even more ridiculous that the TMF allows that to happen.
The best way to fix this would be to make somewhere between x and 10x the actual face value for the biggest games of the year and have the baseball program/athletic department rake in that massive revenue increase rather than resellers/Seat Geek.

The secondary market is telling everyone what pricing level fans will support. And it's a heck of a lot more than what season tickets cost.
So, you're saying that season ticket holders would not be able to resell tickets above face value, but that the TMF would? Is the TMF going to give season ticket holders refunds for the Tuesday night games where you can't give away tickets?

Think about what you are suggesting.
dBoy99
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BQ_90 said:

why would they? They make money selling the ticket the first time and they get a cut of the ticket selling the second time, but they don't have any additional expenses


So they get a cut from stub hub? Or texags ticket resellers?


I am part of the problem and you're the victim...
Ag13
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twk said:

Ag13 said:

dBoy99 said:

No, I don't want football ticket holders to pay for Olsen expansion.

I'm a TMF donor and football ticket holder since 2002 and I can't get baseball season tickets. On the secondary market, GA/LAWN tickets for LSU are going for 10x face value.

That's ridiculous. And even more ridiculous that the TMF allows that to happen.
The best way to fix this would be to make somewhere between x and 10x the actual face value for the biggest games of the year and have the baseball program/athletic department rake in that massive revenue increase rather than resellers/Seat Geek.

The secondary market is telling everyone what pricing level fans will support. And it's a heck of a lot more than what season tickets cost.
So, you're saying that season ticket holders would not be able to resell tickets above face value, but that the TMF would? Is the TMF going to give season ticket holders refunds for the Tuesday night games where you can't give away tickets?

Think about what you are suggesting.


I'm suggesting the season ticket prices and individual game prices charged by the 12th Man Foundation should be considerably higher given that demand is far higher than possible supply.

LSU GA tickets were being sold for $15

I never suggested that season ticket holders should be barred from selling above face value.

Edit to add - the LSU Friday GA tickets are still being sold for $15. The Saturday GA tickets are sold out along with every other seat of course. Hot stock tip - Friday will eventually sell out too and there will be threads about GA Friday tickets being sold on Seat Geek and StubHub for a whole lot more than $15 because it will be the only place to get tickets from - and there won't actually be many tickets to purchase from Seat Geek or Stubhub.
trouble
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dBoy99 said:

BQ_90 said:

why would they? They make money selling the ticket the first time and they get a cut of the ticket selling the second time, but they don't have any additional expenses


So they get a cut from stub hub? Or texags ticket resellers?


They get a cut from SeatGeek currently. StubHub has been a partner in the past.
dBoy99
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Duck Blind said:

I have 4 season tix in Sec 204, Row 6, close to the ones listed for sale at the top of this post. Quick check online appears to show these Ags have the WHOLE SEASON for sale... not just this weekend. Interesting. Bring on LSU fans


Exactly. That season ticket holder probably has better seats or even club level seats and bought those extras strictly for resale.

Or they only have those tickets and buy them strictly for resale.

And you have how many hundreds of Aggies like myself who want season tickets and can't get them.


I am part of the problem and you're the victim...
Aggies2009
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TarponChaser said:

Is there anything stopping the athletic department from creating it's own ticket resale platform, solely for A&M tickets, and refusing to accept tickets sold via 3rd party resellers like SeatGeek or StubHub?
Yes. Ticketing is handled by the 12th Man Foundation. Not the Athletic Department.
TarponChaser
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trouble said:

dBoy99 said:

BQ_90 said:

why would they? They make money selling the ticket the first time and they get a cut of the ticket selling the second time, but they don't have any additional expenses


So they get a cut from stub hub? Or texags ticket resellers?


They get a cut from SeatGeek currently. StubHub has been a partner in the past.
Didn't know they got a cut. Then perhaps they need to negotiate a larger cut.
dBoy99
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So they only get a cut from seatgeek.

That's what I thought.


I am part of the problem and you're the victim...
trouble
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TarponChaser said:

trouble said:

dBoy99 said:

BQ_90 said:

why would they? They make money selling the ticket the first time and they get a cut of the ticket selling the second time, but they don't have any additional expenses


So they get a cut from stub hub? Or texags ticket resellers?


They get a cut from SeatGeek currently. StubHub has been a partner in the past.
Didn't know they got a cut. Then perhaps they need to negotiate a larger cut.
That's why it changes every few years.
BQ_90
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dBoy99 said:

BQ_90 said:

why would they? They make money selling the ticket the first time and they get a cut of the ticket selling the second time, but they don't have any additional expenses


So they get a cut from stub hub? Or texags ticket resellers?
No only seatgeek. I'm not sure how setting up their own system stops people selling on TA or any other site.

They barely can function selling seats the first time around, the cost and time and effort probable wouldn't be worth the effort for the AD.

SPD42
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The reason prices are so high is due to lack of inventory and it sounds like a few reasons for that.

1. They cut back some of the people who used to list a lot of games
2. People are scared to list their tickets for fear their seats will be taken because in violation of policy
3. Team is going to be really good and a lot of folks are using more of their seats than normal (tough to make every single game even for locals, much less folks from Austin/Houston etc).

It's not a healthy market right now due to lack of invenory so hard to know real "market price".

We should be encouraging more folks to list their tickets not demonize the ones that do.
dBoy99
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SPD42 said:

The reason prices are so high is due to lack of inventory and it sounds like a few reasons for that.

1. They cut back some of the people who used to list a lot of games
2. People are scared to list their tickets for fear their seats will be taken because in violation of policy
3. Team is going to be really good and a lot of folks are using more of their seats than normal (tough to make every single game even for locals, much less folks from Austin/Houston etc).

It's not a healthy market right now due to lack of invenory so hard to know real "market price".

We should be encouraging more folks to list their tickets not demonize the ones that do.

I'll demonize an "Aggie" who buys season tickets with the intent of NEVER attending a single game and then resells every ticket and marks them up 10-12x. And then on top of that you get to pay the seatgeek 50% fees.

If I were to buy LSU G1 tix from seatgeek I'd $346 per ticket PLUS $115 per ticket fee, thats $461ea.

It's bull*****


I am part of the problem and you're the victim...
BiochemAg97
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BQ_90 said:

dBoy99 said:

BQ_90 said:

why would they? They make money selling the ticket the first time and they get a cut of the ticket selling the second time, but they don't have any additional expenses


So they get a cut from stub hub? Or texags ticket resellers?
No only seatgeek. I'm not sure how setting up their own system stops people selling on TA or any other site.

They barely can function selling seats the first time around, the cost and time and effort probable wouldn't be worth the effort for the AD.



As long as you can give a paper ticket to another person or transfer the ticket electronically without a fee, there will always be a way for people to sell tickets without paying a fee to TMF.
Ag13
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dBoy99 said:

SPD42 said:

The reason prices are so high is due to lack of inventory and it sounds like a few reasons for that.

1. They cut back some of the people who used to list a lot of games
2. People are scared to list their tickets for fear their seats will be taken because in violation of policy
3. Team is going to be really good and a lot of folks are using more of their seats than normal (tough to make every single game even for locals, much less folks from Austin/Houston etc).

It's not a healthy market right now due to lack of invenory so hard to know real "market price".

We should be encouraging more folks to list their tickets not demonize the ones that do.

I'll demonize an "Aggie" who buys season tickets with the intent of NEVER attending a single game and then resells every ticket and marks them up 10-12x. And then on top of that you get to pay the seatgeek 50% fees.

If I were to buy LSU G1 tix from seatgeek I'd $346 per ticket PLUS $115 per ticket fee, thats $461ea.

It's bull*****


What about people that can only attend 2/3 of the games and sell the other 1/3 potentially for a little profit on a per game basis but lose money overall. Genuine question.

The post above yours that mentions " 2. People are scared to list their tickets for fear their seats will be taken because in violation of policy" as a reason for less secondary inventory is very accurate. I would imagine there are many people that usually fall into the sell 1/3+ category that are much more hesitant to do so now so that future ticket access isn't taken away. This makes secondary prices more expensive, not less.
dBoy99
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Is 10-12x face value "a little profit"?

Does every weekend series = 1/3 of the games?


I am part of the problem and you're the victim...
Ag13
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dBoy99 said:

Is 10-12x face value "a little profit"?

Does every weekend series = 1/3 of the games?


I specifically changed those assumptions to bring it back in line with what the majority of ticket sales are and am curious how you feel about it.
BQ_90
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BiochemAg97 said:

BQ_90 said:

dBoy99 said:

BQ_90 said:

why would they? They make money selling the ticket the first time and they get a cut of the ticket selling the second time, but they don't have any additional expenses


So they get a cut from stub hub? Or texags ticket resellers?
No only seatgeek. I'm not sure how setting up their own system stops people selling on TA or any other site.

They barely can function selling seats the first time around, the cost and time and effort probable wouldn't be worth the effort for the AD.



As long as you can give a paper ticket to another person or transfer the ticket electronically without a fee, there will always be a way for people to sell tickets without paying a fee to TMF.

Ok? The paper ticket option is going away I think next year or at least for football
Mostly Foggy Recollection
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Why I just enjoy Aggie Alley while I can and set up a full tailgate out there
dBoy99
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Ag13 said:

dBoy99 said:

Is 10-12x face value "a little profit"?

Does every weekend series = 1/3 of the games?


I specifically changed those assumptions to bring it back in line with what the majority of ticket sales are and am curious how you feel about it.
I have no problem with someone selling tickets because they can't attend a game.

That is not the issue I raised.


I am part of the problem and you're the victim...
Bocephus
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Mostly Foggy Recollection said:

Why I just enjoy Aggie Alley while I can and set up a full tailgate out there


Are you going to be there this weekend?
TAMU ‘98 Ole Miss ‘21
ensign_beedrill
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dBoy99 said:


I'll demonize an "Aggie" who buys season tickets with the intent of NEVER attending a single game and then resells every ticket and marks them up 10-12x. And then on top of that you get to pay the seatgeek 50% fees.

If I were to buy LSU G1 tix from seatgeek I'd $346 per ticket PLUS $115 per ticket fee, thats $461ea.

It's bull*****


Omg, I guess I'll say it again.

DON'T BUY THOSE TICKETS!
If nobody buys tickets at that price, sellers won't make any money!
jah003
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S
Yep. Sometimes Aggies are so afraid of missing a game they buy for stupid prices way too early. There will always be tickets and the prices will always fall.
Commander Gorn
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My tickets at the CWS championship series cost less than some of those prices
dBoy99
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I'm not buying them, but someone will.

But you missed the point - those ticket owners are violating the TMF ticket resale policy and by doing so, they are taking tickets from other Aggies who want but can't acquire them from the TMF.


I am part of the problem and you're the victim...
Leander - Ag
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I didn't see this thread during the Childress years when season ticket holders supported the program.

Bandwagons full. You aren't entitled to tickets
jah003
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Yea I don't think anyone is buying these…

goose91
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Leander - Ag said:

I didn't see this thread during the Childress years when season ticket holders supported the program.

Bandwagons full. You aren't entitled to tickets
Exactly. We don't even have to go back to the Childress years. The last half of the 2023 season, I couldn't give away my tickets to the final 3 SEC series. No one wanted to go watch a team that was 'on the bubble'.

The entitlement of some Aggies never ceases to amaze me.

Chris '91
greg.w.h
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https://img.12thman.com/Web/PACtamu/%7b85d165bc-6dd9-4154-8b34-442574fb1754%7d_TicketResalePolicy.pdf

(It's a pdf so can't be displayed inline.)
dBoy99
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Leander - Ag said:

I didn't see this thread during the Childress years when season ticket holders supported the program.

Bandwagons full. You aren't entitled to tickets
Live in Houston, 4 kids in multiple Spring sports during Childress years. Attended as many games as possible then - 6 to 8 games per season, plus all post-season games. I could get tickets at the window day of game.


I am part of the problem and you're the victim...
dBoy99
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goose91 said:

Leander - Ag said:

I didn't see this thread during the Childress years when season ticket holders supported the program.

Bandwagons full. You aren't entitled to tickets
Exactly. We don't even have to go back to the Childress years. The last half of the 2023 season, I couldn't give away my tickets to the final 3 SEC series. No one wanted to go watch a team that was 'on the bubble'.

The entitlement of some Aggies never ceases to amaze me.

Chris '91

Congratulations on having season tickets!

Class of 91, so where do you live? How long have you had season tickets? How many children do you have? Did they play baseball or run track?

Are more recent grads out of luck because the bandwagon is full? The pomposity of some Aggies never ceases to amaze me.


I am part of the problem and you're the victim...
Leander - Ag
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dBoy99 said:

Leander - Ag said:

I didn't see this thread during the Childress years when season ticket holders supported the program.

Bandwagons full. You aren't entitled to tickets
Live in Houston, 4 kids in multiple Spring sports during Childress years. Attended as many games as possible then - 6 to 8 games per season, plus all post-season games. I could get tickets at the window day of game.



I get it but it's a free market. Supply / demand.

It's like complaining when you can't get a Super Bowl ticket at face value

I guarantee you can get seat a ticket in the berms for 99% of games
Leander - Ag
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dBoy99 said:

goose91 said:

Leander - Ag said:

I didn't see this thread during the Childress years when season ticket holders supported the program.

Bandwagons full. You aren't entitled to tickets
Exactly. We don't even have to go back to the Childress years. The last half of the 2023 season, I couldn't give away my tickets to the final 3 SEC series. No one wanted to go watch a team that was 'on the bubble'.

The entitlement of some Aggies never ceases to amaze me.

Chris '91

Congratulations on having season tickets!

Class of 91, so where do you live? How long have you had season tickets? How many children do you have? Did they play baseball or run track?

Are more recent grads out of luck because the bandwagon is full? The pomposity of some Aggies never ceases to amaze me.


Football since 97 , basketball/ baseball since 2010.

Not many championship years during that period but a lot of money …

Have no idea what family size has to do with this… have less kids or make more money I guess
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