Dollars & Sense: A Round-Up Of Baseball Business News
Some weeks, there are major developments in the business of baseball — like a team signing a new local TV contract. Some weeks, there are little developments on the big developments. My posts tend to focus on the big developments, but that leaves you in the dark on the little developments, unless those little developments become big developments down the road.
This week has been full of little developments in stories I’ve written. Rather than wait until they blossom into big developments — if that ever happens — I’ll run them down here.
StubHub loses fight in California Legislature
On Tuesday, I wrote about a bill pending in the California State Assembly that would prohibit ticket sellers from placing restrictions on ticket re-sales, like what the Los Angeles Angels have done this season. The Assembly Committee on Arts, Entertainment, Sports, Tourism and Internet Media had a hearing on the bill Tuesday morning and were none too pleased with its provisions. The Committee gutted the bill, and left in only the provision to outlaw computerized ticket-buying software that brokers often use to scoop up tickets to high-demand events. The Committee is stacked with members from southern California, where the entertainment industry holds tremendous sway, so the bill’s demise isn’t surprising.
