NFL flagged for holding ticket resale prices high in Fla., elsewhere

The National Football League has been called for holding — holding prices artificially high on resold tickets.

The NFL has agreed not to prevent ticket holders from reselling them at lower than face value on certain sanctioned websites under a settlement with attorneys general in Florida, New York and four other states.

Financial flag on the play.

Financial flag on the play.

“With the resolution of this matter, NFL football fans should benefit from a more competitive marketplace,” said Florida Attorney General Pam Bondi.

Less desirable games — dogs, in the parlance of our times — got anti-competitive price supports, states argued.

“No sports fan should be forced to buy, or sell, a ticket at an artificially inflated price,” said New York Attorney General Eric Schneiderman. “Under the NFL’s price floor scheme, fans were forced to pay inflated prices for even the least desirable NFL games. That is a slap to both sports fans and free markets. My office will continue to fight for the rights of sports fans and concertgoers by ensuring that secondary markets are free and competitive. In the meantime, I encourage every NFL team—and every team in professional sports—to heed the call of all sports fans and remove price floors from every team-authorized secondary ticket market.”

The NFL terminated the arrangement for all 32 teams after the investigation began and agreed to pay the states more than $100,000 for their investigatory time and trouble.

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