Hatton tickets have hit ebay already and making a profit.This really p**** me off.They just buy the tickets and look to make a profit ,they arnt even boxing fans and have no intention of going to the fight.Just ripping the genuine fans off.
Hatton tickets have hit ebay already and making a profit.This really p**** me off.They just buy the tickets and look to make a profit ,they arnt even boxing fans and have no intention of going to the fight.Just ripping the genuine fans off.
Unfortunately this happens for all big events
While I disagree with this, how different it this from ticket scalping, boxing fans always seem to end up paying more.
Ticket scalping has long been part of the culture of boxing. But for the most part, it has been limited to ringside seats and implemented largely through personal contacts. The magnitude of the scalping for Mayweather-Hatton was unparalleled in its scope and, in some instances, implemented in a far more sophisticated manner than in the past.
Richard Schaefer (the CEO of Golden Boy) says that the MGM Grand (which hosted the fight) wanted to buy 8,000 tickets but was limited to 5,000. Most of these were distributed within the MGM-Mirage empire and given to high-rollers.
Golden Boy (depending on whom one talks with) retained between 1,500 and 1,800 tickets, which were divided among sponsors, HBO, other business associates, and the like. Between 200 and 500 tickets went on direct sale to the public.
That leaves roughly 9,000 tickets. Schaefer says that these were divided evenly between the Mayweather and Hatton camps, which were entitled by contract to purchase 4,500 tickets each at face value. Nevada State Athletic Commission records show that, in addition to whatever other sum might have been paid by the Hatton camp to Golden Boy, $3,100,000 was deducted from Hatton’s purse for the purchase of tickets.
Bob Arum describes what happened next as “creative marketing that allowed certain people to sell thousand-dollar tickets to morons for ten thousand dollars.” Or phrased differently; large blocks of tickets were sold at a premium to brokers, who in turn resold them to the buying public.
The Hatton camp is believed to have sold many of its tickets at a 30 percent mark-up. The Mayweather camp is thought to have had a more sophisticated and more profitable resale operation.
Ken Sulkey of Las Vegas is vice president of the National Association of Ticket Brokers. “The difference between this and other fights,” says Sulkey, “was the British invasion. There were a few people with a lot of tickets who capitalized on the opportunity. Brokers paid between $3,000 and $5,000 for ringside seats depending on location. Generally, we work on a 25-to-30-percent mark-up, so a choice ringside seat might have sold to the public for as much as $6,500. I heard stories about tickets selling for $10,000,” Sulkey notes. “But I doubt that more than ten or twenty tickets sold in that price range.”
Ticket scalping with front-office complicity is common in sports. Brokers have arrangements with team personnel in each of the major sports leagues. The most-coveted and most feverishly-scalped tickets are for the Super Bowl.
However, let’s draw two distinctions between tickets for the Super Bowl and tickets for Mayweather-Hatton. First, scalping was the PRIMARY means of ticket distribution for Mayweather-Hatton. And second, the Super Bowl (unlike boxing’s big events) is available free of charge on television. Anyone who wants to can watch it. Fans who didn’t have tickets for Mayweather-Hatton had to pay a suggested retail price of $54.95 to see the action.
Full article here
set up bogus accounts & bid something stupidly high like 100,000. see if they remove the listing, post aggro to the seller etc![]()
Carefull if you do though
£660,000 bill for eBay protest
A MANCHESTER United fan owes £660,000 for one derby day programme after bidding on eBay - to scupper people cashing in on Munich memorabilia.
See here
It's better if several of you do it.
I'd like to see em' try when paypal/ebay sucks at repaying me $11 from some scab who never sent a cd I bought and promptly disappeared.
I really aint been following this too close so is there a problem getting tickets as its a massive venue
they are selling this as a massive event big venue, PPV's etc and if it sells like one they will be no incentive for the team to take any risks in the future if this one makes them a mint... and why would they need to... would you![]()
Last edited by Saddo; 03-14-2008 at 07:23 PM.
There are currently 1 users browsing this thread. (0 members and 1 guests)
Bookmarks