Yankees, StubHub enter deal to resell tickets: Bloomberg
(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.
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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)
