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  1. #4676

    Re: The StubHub Thread

    Does anyone have any experience with or knowledge about a "lost volume seller" clause in multiyear season ticket contracts with other teams? The Yankees have included it in this year's contract draft.

  2. #4677
    Addicted Member

    Join Date
    Jul 2007
    Location
    NJ

    Re: The StubHub Thread

    Quote Originally Posted by YankeeSTH View Post
    Does anyone have any experience with or knowledge about a "lost volume seller" clause in multiyear season ticket contracts with other teams? The Yankees have included it in this year's contract draft.
    What is the exact verbiage in the Yankees contract?
    Back at the track, at the wall, we are tied!

  3. #4678

    Re: The StubHub Thread

    Licensee acknowledges that Licensor is a “lost volume seller” under the Laws with respect to the sale and purchase of Tickets. Accordingly, Licensor shall have no obligation to mitigate its damages as a result of any Event of Default or failure or misrepresentation by Licensee. The decision whether to re-license any Tickets in the Seating Locations and the terms and conditions pursuant to which any such Tickets shall be re-licensed shall be made by Licensor in its sole and absolute discretion. Any amounts received by Licensor from any re-license of any such Tickets after termination of this Agreement shall not reduce any of Licensee’s obligations and liabilities under this Agreement. Accordingly, in the event of any Event of Default and in addition to any other amounts set forth in Section 24 above, Licensee shall be obligated to pay Licensor damages (which Licensee acknowledges is not a penalty) in an amount equal to the difference between: (a) the cost of the Tickets in the Seating Locations (including for Postseason Games) calculated at the Game Day Established Price payable for the Seating Locations during the Term; and (b) the amount actually paid by Licensee under the Agreement up to the date of the Event of Default. In addition to the foregoing, Licensee shall be responsible and liable for the applicable interest referred to in Section 8, above, applied upon all of the foregoing.

  4. #4679
    Addicted Member

    Join Date
    Jul 2007
    Location
    NJ

    Re: The StubHub Thread

    Thanks I hope you copied and pasted that and didn't type it all :
    Back at the track, at the wall, we are tied!

  5. #4680

    Re: The StubHub Thread

    "The report also took the NFL and the New York Yankees to task for placing floor-prices on tickets fans want to re-sell."

    http://www.nydailynews.com/sports/fo...icle-1.2874076

  6. #4681
    Addicted Member

    Join Date
    Mar 2013
    Location
    Jim Beam

    Re: The StubHub Thread

    MORE TIME TO SELL ON STUBHUB



    Dear Valued Seller,

    Exciting news! As of today, all Instant PDF and LMS listings for NFL, NBA, NHL and Concert events will be extended 90 minutes after the event start time to give you more time to sell. In addition, all Instant Download and LMS listings for Boxing events, and all LMS listings for UFC events, will be extended three hours after the event start time. At this time, we are unable to offer this extension for theater events and also for barcode listings for integrated events with the exception of the Los Angeles Kings. We will update you if anything changes and these become available.

    What do you need to do? Nothing! We'll extend your listings automatically. Just remember, if you sell your tickets elsewhere or plan to use them yourself, make sure to delete your listing from StubHub.

    If you have any questions regarding this change, please don't hesitate to email customerservice@stubhub.com or call us at 866-788-2482.

    Thanks for using StubHub.

    Sincerely,
    StubHub Customer Service

  7. #4682
    Addicted Member

    Join Date
    Mar 2013
    Location
    Jim Beam

    Re: The StubHub Thread

    DIRECT DEPOSIT now available

    We're excited to announce that, starting today, you can get paid for your ticket sales through direct deposit. Direct deposit payments will be processed daily, and your account will be funded within five days of delivery of tickets to the buyer. Money deposited directly into a bank account is safer and more reliable than paper check. Direct deposit also allows you to avoid an intermediary, ultimately leading to faster payments.
    How to sign up for direct deposit:
    1. Go to My Hub under Sign In (or under Profile if you're already logged-in)
    2. Select Settings
    3. Click on "Add a new direct deposit account for selling"
    4. Add address and bank information
    5. Click Save
    The new payment method change will be applied to both existing and future listings. The change does not apply to sold listings where payment is in progress. Please note we can only support bank accounts within the United States.

    We hope you're just as excited as we are about getting your payments processed faster. Please let us know if you have any questions.

    Thanks,
    StubHub Customer Support

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