NFL To Stop Ticket Resale Price Floor, Ending AG Probe

Law360, New York (November 15, 2016, 5:20 PM EST) -- The NFL has agreed to scrub a policy requiring teams to set price floors on tickets sold on the secondary market through the NFL’s online exchange, reaching a settlement with five states and Washington, D.C., that ends a two-year antitrust investigation into allegedly unlawful ticket resale practices, New York Attorney General Eric Schneiderman said Tuesday.

The NFL will discontinue a league policy that had required all 32 of its teams not to allow their tickets be resold on the NFL’s Ticket Exchange hosted by Ticketmaster and affiliated websites for less than face value. Attorneys general from Pennsylvania, Ohio, Florida, Massachusetts and Washington, D.C.,...

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