Swaping Out Seat Licenses


	Swaping Out Seat Licenses

Tom Van Riper

3-27-2008 9:57 AM

292 views

Tom Van Riper says:

The secondary market for event tickets has been exploding for awhile now, thanks to online services like StubHub. Nest in line are personal seat licenses - where teams charge fans for the right to own a seat for a period of time. A Houston accountant is cashing in with a service allowing fans to trade these licenses.

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://www.clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/29c34182-e125-41d9-8397-16b75f39516d/6DA1FCE9-BC91-4724-8C2D-95AF645420C1/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.sportsbusinessjournal.com/article/58435" href="http://www.sportsbusinessjournal.com/article/58435" style="font-size: 11px;">www.sportsbusinessjournal.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.sportsbusinessjournal.com/article/58435">Two years ago Burks, a Houston accountant, wanted four Houston Texans seat licenses, which would give him the rights to buy season tickets at Reliant Stadium each year</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.sportsbusinessjournal.com/article/58435">SeasonTicketRights.com catering to the secondary market for seat licenses. He has deals with three MLB and two NFL teams, with whom he shares the fees buyers and sellers pay when transferring PSLs.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.sportsbusinessjournal.com/article/58435">The idea is paying off for Burks —  he projects revenue this year will more than triple to $20 million — and for teams that were struggling with the issue of PSL resales.</blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/6DA1FCE9-BC91-4724-8C2D-95AF645420C1/blog/" title="blog or email this clip"><img src="http://content8.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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