Scalping Final Four Tickets Is No Slam Dunk

Reliant Stadium, home of final four where writer tried scalping tickets
Reliant Stadium, home of final four where writer tried scalping tickets

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.)