Thunder Muscle wrote:BradMKE wrote:Anyone have a copy of the agreement we signed when we bought STH? Was there anything in the fine print about the 1/3 limit?
No, 99.9% they did not. Maybe the ones that did this year. I know I locked into a 2 year deal prior to last year and there was no mention or fine print of it. Honestly it hurts Ticket master the most doesn't it? Because the people that may have sold all of their games on there are gonna sell other ways.
There's nothing that specifies 1/3, but they gave themselves plenty of wiggle room, on the 2 year contracts from last year. Here are a few points in my 2 year contract that I'd guess they'd point to:
3. Bucks tickets, including but not limited to Bucks season tickets, are owned by the Bucks. A Bucks ticket is a revocable license issued by the Bucks to the individual or corporate entity name that appears on the account of record. Breach of any of the terms herein and/or on the reverse side of the ticket shall entitle the Bucks to all available legal remedies. The Bucks reserve the right to revoke the license granted, in its discretion, by refunding the purchase price for any unused tickets.
So we don't own the tickets, and they can revoke our license to have the tickets at their discretion, so long as they pay us back. In years past, no way they'd do that because they'd never resell the tickets. This year, with more expected sellouts? Who knows. It wouldn't be a good look, that's for sure.
17. The Bucks reserve the right in their sole discretion to amend, update, or modify policies and procedures relative to Bucks tickets and any payment plan upon written notice to the season ticket account holder of record.
So they can change the rules as they see fit, assuming they put it in writing (which they did by the email).
But my guess is they are actually leaning on this one:
20. The sale or resale of tickets by unauthorized means is prohibited and violation of this policy may result in the cancellation or revocation of unused or unissued Tickets. The Bucks reserve the right to cancel or revoke tickets where, in the Bucks’ sole discretion, the purchase of such tickets is for the primary purpose and intent of reselling tickets on the secondary market. In addition, Bucks tickets may not be used for advertising, promotion (including contests or sweepstakes) or other trade purposes without the express written consent of the Bucks.
I'd guess they'll say if you plan on selling more than 1/3 of your tickets, your primary purpose is to resell the tickets. Also, this technically means you can't sell them on StubHub since that is an unauthorized means of sale.
In reality, it's a ridiculous policy, and doesn't look good for them, but they definitely gave themselves the wiggle room to technically implement it. I am curious how closely they'll watch things like StubHub and such. It's really annoying this is where they're going with it.