Thursday, September 25, 2014

Jeter's Yankee Stadium rainout could cost ticket brokers $12 million in refunds: Report

A rainout for Derek Jeter’s Yankee Stadium farewell would give ticket brokers a multimillion-dollar bath — and leave fans standing in the cold, if you believe secondary market ticket sellers.

The National Weather Service predicted a wet and windy Thursday, and that storm front could cause ticket brokers to lose about $12.5 million on the Captain’s last game in Yankee Stadium, said one expert, according to the N.Y. Daily News.

“It would be a disaster for brokers if this game is rained out and never made up,” said Connor Gregoire of

 “Brokers will lose all the profits they would have otherwise made on this, the most expensive regular season ticket in MLB history.”

Gregoire noted that roughly 30,000 tickets were resold — some more than once — since Jeter announced his retirement in February.

The average price of those tickets was $415 — and has grown to over $600 as it became clear the Yankees were not making the playoffs and this would be Jeter’s final home game and maybe his last major league game — period. 

The Captain hasn't decided if he'll play any games in Boston. 

The ticket brokers will have to return all that money if the game between the playoff-bound Orioles and the Yankees is canceled.

“Real, live profits are going down the drain for them,” said Chris Matcovich of “They would have to refund all the money. Hopefully they have it in escrow.”

It’s unlikely the Yankees-Orioles game would ever be made up if rained out — and the forecast calls for about a 90-percent chance of rain at the 7 pm start time until at least 10 pm.

It'll be interesting to see how long the umpires wait before calling the game. But I'm sure the fans would stay overnight for a morning send-off.

The brokers would like that.


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