Scalping Final Four Tickets Is No Slam Dunk

When I bought a ticket to the Final Fourbasketball title game to resell for profit, I thought I'd hit nothing but net. Instead, I shot the equivalent of a scalper's air ball.

I purchased a $90 face-value ticket from StubHub in early March for $112 -- $135 when you total in the service charge and FedEx mailing. I still thought it was a good deal for the crowning moment of one of America's biggest sporting events, the NCAA Tournament. I was wrong. This week I resold the ticket on StubHub for $88. After StubHub took its 15%, I was left with $74.80. That's a $60.20 loss. (Remember, I paid $135 originally.)