Popular Posts

BTS Ticket Prices Crash — But Only Outside Ticketmaster

BTS Ticket Prices Crash — But Only Outside Ticketmaster

How Ticket Resale Caps Could Actually Make Concert Tickets More Expensive: The BTS Gillette Stadium Story


The Big Picture: What Happened at Gillette Stadium?

Imagine you want to see BTS at Gillette Stadium. You check Ticketmaster (the "official" seller) and the cheapest ticket is $135.20 with fees.

But wait! You check StubHub, SeatGeek, or Ticket Club (independent resale sites) and see the exact same seats for $16–$30. That’s 82–88% cheaper!

Important Point: This isn’t a glitch. It’s a real-life example of how competition between ticket sellers drives prices down—and why a new Massachusetts law might accidentally break that competition.


Section 1: The Tale of Two Ticket Markets

Ticketmaster (Primary Seller)

  • Cheapest ticket: $135.20 (including fees)
  • No verified resale tickets shown (official resale was likely turned off by the venue/promoter)
  • Sudden inventory spike: 163 tickets appeared morning of show (up from 38 the day before)

Independent Marketplaces (Resale Competition)

Marketplace Cheapest Ticket (All-In) Discount vs Ticketmaster
StubHub $20 ~85% off
SeatGeek $24 ~82% off
Ticket Club $16 ~88% off

By the numbers: SeatGeek had 1,700+ listings for Wednesday’s show. Thursday showed the same pattern—Ticketmaster at $98.95 vs. independent sites at $25–$37.


Section 2: What Is Massachusetts Amendment 20?

Massachusetts lawmakers are considering Amendment 20 (part of a big economic bill). Here’s what it does:

What the Amendment Does

  • Caps resale prices at 110% of original face value (excluding fees)
  • Bans speculative listings (selling tickets you don’t have yet)
  • Stops deceptive websites that look official but aren’t
  • Prevents misleading "only 2 left!" claims

What the Amendment Does NOT Do

  • Does not limit what Ticketmaster charges for new tickets
  • Does not stop "dynamic pricing" (prices changing based on demand)
  • Does not restrict VIP packages, fan club presales, or premium tiers
  • Does not require disclosure of held-back tickets released later

The "Asymmetric Market" Problem

Think of it like a seesaw that only goes one way:

Side of Market Risk Reward
Buying tickets (downside) Unlimited loss if show flops
Reselling tickets (upside) Capped at 10% profit

Section 3: Why This Helps Ticketmaster, Not Fans

1. Professional Sellers May Quit

Resale businesses lose money on flops and need big wins to stay afloat. Cap the wins → fewer sellers → fewer listings → less competition.

2. Ticketmaster Keeps All the Power

  • Sets initial prices however high they want
  • Uses dynamic pricing to capture peak demand
  • Controls inventory releases (holdbacks, "production releases")
  • Can set price floors on their own resale platform

3. Real Proof: Other Tours Show This Pattern

Artist Independent Resale Price Ticketmaster Resale Floor
Bruce Springsteen (Tulsa) $7 $74 minimum
Travis Scott Deep discounts Price floors documented
Dead & Company Low resale Artificial price floors

Key Insight: When independent sites can’t compete, Ticketmaster becomes the only game in town for both buying and reselling.


Section 4: The "Late Drop" Problem No One’s Fixing

Here’s what happened at Gillette:

  1. Promoters said: "Sold out in hours!"
  2. Fans bought expensive tickets fearing scarcity
  3. Morning of show: 163 new tickets appear ("Limited Production Release")
  4. Resale prices crash as fans realize seats were held back

Note: Coldplay, Olivia Rodrigo, and Charli XCX intentionally hold $20 tickets for day-of drops—and advertise it. BTS/Gillette did not.

Amendment 20 does nothing about this.


Section 5: Massachusetts vs. California—A Tale of Two Processes

California (AB 1720) — Did Their Homework

  • Public hearings with experts
  • Nonpartisan analysis flagged major concerns:
    • Doesn’t fix root causes (dynamic pricing, fees, holdbacks)
    • No data supporting "10% cap" number
    • Could hurt antitrust lawsuits against Live Nation/Ticketmaster
  • Senator Tom Umberg: "Legislature should not intervene in active litigation."

Massachusetts (Amendment 20) — Skipped the Line

  • No dedicated hearing
  • No committee report
  • Stuffed into massive economic bill at last minute
  • Ticketmaster supports it (but claims "had nothing to do with it")

Summary: What This Means for You

If Amendment 20 Passes What Happens
Resale competition shrinks Fewer cheap tickets on StubHub/SeatGeek
Ticketmaster faces less pressure Primary prices stay high or go higher
Price floors become easier Even official resale won’t undercut new tickets
Fans lose leverage No alternative when official prices are unreasonable
Root problems ignored Dynamic pricing, hidden fees, secret holdbacks continue

Brian Berry (Ticket Policy Forum): "Tonight, fans got BTS tickets for $15 on resale sites while Ticketmaster charged $135. This bill caps that competition instead of fixing Ticketmaster’s monopoly."


FAQ: Your Questions Answered

Q: Won’t a 10% resale cap stop scalpers from gouging fans?

A: It caps profits for resellers, but doesn’t touch the much bigger markups happening at the primary level (dynamic pricing, VIP packages, hidden fees). Scalpers buying at $200 and selling at $220 isn’t the main problem—Ticketmaster selling at $500 initially is.

Q: If resale is capped, won’t tickets just be cheaper overall?

A: History says no. When resale competition disappears, primary sellers face zero pressure to lower prices. See: Springsteen $7 vs $74, Travis Scott, Dead & Company examples above.

Q: Why does Ticketmaster support this bill if it hurts them?

A: It doesn’t hurt them—it hurts their competition. Ticketmaster keeps unlimited primary pricing power while independent resale sites get kneecapped. They also control their own resale platform (Verified Resale) where they can set price floors.

Q: What’s a "price floor" and why does it matter?

A: A price floor is a minimum resale price set by the primary platform. Example: You bought a ticket for $100, show isn’t selling well, you want to sell for $50. Ticketmaster says: "Nope, minimum resale is $74." You’re stuck. Independent sites don’t do this—which is why they had $7 Springsteen tickets.

Q: What should lawmakers do instead?

A: Based on California’s analysis, better approaches include:

  1. Transparency rules for holdbacks and dynamic pricing
  2. All-in pricing (show fees upfront)
  3. Ban speculative listings (already in Amendment 20—good!)
  4. Address primary market power (antitrust enforcement)
  5. Require disclosure of total inventory vs. released inventory

Final Thought

Competition is what got Massachusetts fans $16 BTS tickets.
Amendment 20 caps that competition—while leaving the high prices untouched.

Sometimes the "consumer protection" label hides a gift to the dominant player. The data from Gillette Stadium shows exactly who benefits when independent resale gets squeezed out—and it’s not the fans.


Want to learn more? Check out TicketNews’ coverage of ticketing policy, antitrust cases, and pricing investigations across major tours.

Leave a Reply

Your email address will not be published. Required fields are marked *