Golden Knights Move Into Season 2 Without StubHub
By ALAN SNEL
LVSportsBiz.com
The Golden Knights will enter their second season without StubHub as a secondary market reseller and put a legal dispute with the ticket exchange company behind them last month.
The Vegas Golden Knights and StubHub settled their legal dispute over the team’s claim that StubHub owed the VGK more than $1 million in playoff ticket profits, and the team and StubHub are now no longer business partners. Eric Fisher first reported the VGK/StubHub settlement in the Sports Business Daily Sept. 25.
StubHub had this to say to LVSportsBiz.com: “The companies have resolved all their claims and have no further dispute. StubHub and the Vegas Golden Knights mutually agreed to end our ticketing partnership, and we parted ways on good terms.”
StubHub and AXS were the co-exclusive secondary market ticket brokers for the Golden Knights in year one and now the team will move ahead with AXS.com in year two.
The Golden Knights’ playoff ticket beef with StubHub was outlined in a June 21 complaint filed by the team’s law firm, Lewis Roca Rothgerber Christie in Las Vegas. “Without any advanced warning or explanation, StubHub announced that it was withholding most of the VGK’s share of the secondary ticket profits,” according to the June complaint.
The VGK lawsuit alleged the Golden Knights were owed $1,449,430 and that StubHub planned to withhold at least $1,194,555.
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