Menu
Closing Bell

NFL, Ticketmaster Finish Five-Year Extension, Move To New Open Model

The NFL has completed a major five-year extension of its official ticketing relationship with Ticketmaster, moving to a new open model based around the company’s new Presence system. In the deal, which begins next year, Ticketmaster will be the league’s preferred primary ticketing partner while retaining rights to power the league’s official NFL resale marketplace. But Ticketmaster will also open up its platform to other licensed marketplaces to participate in authorized NFL ticket resale, with the league overseeing the process to incorporate third-party resellers.

Ticketmaster has also committed to deploy its new Presence identity-based digital ticketing system across the league, with installation at 30 of 31 current NFL stadiums likely done by the start of the '18 regular season. The Lions remain a client of AXS for primary ticketing. The broad rollout of Presence will allow NFL clubs to obtain a wealth of new data on their ticket holders, transfer and resale transactions, and ingress patterns. Ticketmaster President of North America Jared Smith said, “We’ve been aligned with the NFL for a long time, and we both wanted to do something here that was really unique and progressive and helped move the industry forward. This is a big opportunity to establish a new model for the league, and do it with everybody at the same time.”

Financial terms were not disclosed, but NFL Senior VP/Club Business Development Brian Lafemina said it was a “fair assumption” the deal surpasses the more than $200M Ticketmaster paid during the prior five-year term. NFL owners unanimously approved the deal earlier today at their fall meeting in N.Y., and the agreement will take effect beginning next season. “We’re looking to get the broadest participation possible [from other resellers],” Lafemina said. “We’ve done something here that is good for the fan, good for Ticketmaster, and good for ticketing broadly.”

SBJ Morning Buzzcast: April 26, 2024

The sights and sounds from Detroit; CAA Sports' record night; NHL's record year at the gate and Indy makes a pivot on soccer

TNT’s Stan Van Gundy, ESPN’s Tim Reed, NBA Playoffs and NFL Draft

On this week’s pod, SBJ’s Austin Karp has two Big Get interviews. The first is with TNT’s Stan Van Gundy as he breaks down the NBA Playoffs from the booth. Later in the show, we hear from ESPN’s VP of Programming and Acquisitions Tim Reed as the NFL Draft gets set to kick off on Thursday night in Motown. SBJ’s Tom Friend also joins the show to share his insights into NBA viewership trends.

SBJ I Factor: Molly Mazzolini

SBJ I Factor features an interview with Molly Mazzolini. Elevate's Senior Operating Advisor – Design + Strategic Alliances chats with SBJ’s Ross Nethery about the power of taking chances. Mazzolini is a member of the SBJ Game Changers Class of 2016. She shares stories of her career including co-founding sports design consultancy Infinite Scale career journey and how a chance encounter while working at a stationery store launched her career in the sports industry. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Daily/Closing-Bell/2017/10/17/NFL-TM.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Daily/Closing-Bell/2017/10/17/NFL-TM.aspx

CLOSE