Yankees, StubHub enter deal to resell tickets: Bloomberg

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(Reuters) - The New York Yankees and eBay Inc's StubHub agreed to a $100 million deal allowing it to take charge of reselling Yankees tickets, Bloomberg reported, citing a person familiar with the matter.

As part of the six-and-a-half year deal, StubHub will be able to advertise inside the stadium. The new pact will come in effect post the 'All Star' break, Bloomberg reported on Monday.

SEE ALSO: Jeremy Lin open to returning to New York

StubHub will replace Ticketmaster, which currently runs the Yankees ticket-resale business, according to the report.

The baseball team and StubHub were not immediately available for comment.

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(Reporting by Rishika Sadam in Bengaluru; Editing by Shounak Dasgupta)

See the highest-paid MLB players this season

Highest paid MLB players - 2016
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Highest paid MLB players - 2016

T-25. Alex Rodriguez, New York Yankees & James Shields, San Diego Padres: $21,000,000

(Brad Penner-USA TODAY Sports)

24. Chris Davis, Baltimore Orioles: $21,118,782

(Tommy Gilligan-USA TODAY Sports)

23. Jacoby Ellsbury, New York Yankees: $21,142,857

(Photo by Mike Stobe/Getty Images)

22. Jayson Werth, Washington Nationals: $21,571,428

(Photo by John McDonnell / The Washington Post via Getty Images)

21. Carl Crawford, Los Angeles Dodgers: $21,607,142

(Photo by Ralph Freso/Getty Images)

20. Adrian Gonzalez, Los Angeles Dodgers: $21,857,142

(Photo by Lisa Blumenfeld/Getty Images)

T-18. Jose Reyes, Colorado Rockies & Masahiro Tanaka, New York Yankees: $22,000,000

(Photo by Dustin Bradford/Getty Images)

17. Justin Upton, Detroit Tigers: $22,125,000

(Photo by Justin Berl/Getty Images)

16. Max Scherzer, Washington Nationals: $22,142,857

(Photo by Chris Trotman/Getty Images)

15. Hanley Ramirez, Boston Red Sox: $22,750,000

(Photo by Billie Weiss/Boston Red Sox/Getty Images)

14. Joe Mauer, Minnesota Twins: $23,000,000

(Photo by Hannah Foslien/Getty Images)

13. Mark Teixeira, New York Yankees: $23,125,000

(Photo by Justin K. Aller/Getty Images)

12. Cole Hamels, Texas Rangers: $23,500,000

(Rodger Mallison/Fort Worth Star-Telegram/TNS via Getty Images)

11. Robinson Cano, Seattle Mariners: $24,000,000

(Photo by Mike Stobe/Getty Images)

T-7. C.C Sabathia, New York Yankees; Ryan Howard, Philadelphia Phillies; Albert Pujols, Los Angeles Angels; Jon Lester, Chicago Cubs: $25,000,000

(Photo by Mike Stobe/Getty Images)

6. Felix Hernandez, Seattle Mariners: $25,857,142

(Photo by Jim McIsaac/Getty Images)

T-4. Miguel Cabrera & Justin Verlander, Detroit Tigers: $28,000,000

(Photo by Justin Berl/Getty Images)

3. David Price, Boston Red Sox: $30,000,000

 (Photo by Billie Weiss/Boston Red Sox/Getty Images)

2. Zack Greinke, Arizona Diamondbacks: $34,000,000

(Photo by Norm Hall/Getty Images)

1. Clayton Kershaw, Los Angeles Dodgers: $34,571,428

(Photo by Jason O. Watson/Getty Images)


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