PA, Other AGs Settle With NFL Over Ticket Resale Practices
HARRISBURG (CBS) -- Pennsylvania's attorney general and AG's from several other states have reached an agreement with the NFL over practices that may have driven up the resale price of tickets.
Jeffrey Johnson, spokesman for Pennsylvania Attorney General Bruce Beemer, said the NFL used to require all 32 teams to impose a price floor the NFL Ticket Exchange, its official secondary ticket sale site, and on related websites officially sanctioned by the league…
"And we believed that could have resulted in ticket prices rising above their true market value," Johnson said.
After the states began investigating, Johnson said the NFL discontinued that practice, but the agreement will now make that permanent. Individual teams, however, will still be allowed to impose a price floor on ticket resales, although they will be required to make new disclosures. The NFL will also be prohibited from practices designed to preclude fans from using competing ticket exchanges.
