
Extracted from ESPN The Magazine, May 20, 2008 -- The traditional thinking is that ticket scalping is bad for the home team...But that traditional thinking is wrong...By allowing free and open ticket resale, the Cubs have increased the value of the ticket resale option, which in turn leads to an increase in the value of the ticket when they put it up for sale in the pre-season. [Think of that as the Cubs ticket IPO.]
Extracted from New York Times, Jan 19, 2008 -- Once upon a time, you could argue that people who bought scalped tickets might wind up buying counterfeit tickets - or that scalpers standing outside an arena created a public nuisance. But you can't make those arguments anymore: the rise of the online scalpers like StubHub has eliminated those worries. They've also done two other things: they've made it plain that anti-scalping laws are unenforceable. And they've exposed the absurdity of trying to stamp out something that is so powerfully driven by the laws of supply and demand.
StubHub is an eBay company (NASDAQ: EBAY). For more information on StubHub, visit www.stubhub.com
StubHub Partners with Top Level Teams, Artists & Media Companies
StubHub is proud to partner with some of the most recognizable names in the sports and entertainment communities. With over 30 relationships in the sports world alone, StubHub has shown to be a valued partner for teams such as Super Bowl XLI participants the Indianapolis Colts and Chicago Bears and universities such as 2007 Final Four participant Georgetown University and 2008 Rose Bowl Champion USC Trojans. In 2007, StubHub partnered with Major League Baseball to become the Official Fan to Fan Ticket Marketplace of the league and its participating member teams. Leading recording artists like Beyonce Knowles, Lynyrd Skynyrd and INXS have distributed tickets exclusively through StubHub.com to provide premium seating access and VIP backstage passes for their fans. Media companies including ESPN and CBS are some of the notable properties that help promote the StubHub brand and ticket marketplace to the millions of users visiting the site each month.

