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SBD Global/November 26, 2012/Leagues and Governing Bodies
CBA Teams To Receive Cash Boost, With Stipulation Of Higher Venue Standards
Published November 26, 2012
PRICE GOUGING: In Beijing, Sun added it was expected fans would "spend double or triple the face value for a scalped ticket" to the CBA's kick-off game on Saturday. Former NBAers Stephon Marbury of the Beijing Ducks and Gilbert Arenas of the Shanghai Sharks squared off against each other in the season opener. Reports revealed that 1,000 tickets had been released to online vendors for public purchase, "while 5,000 were held for private sale to Shougang Group (which holds its stadium's naming rights) employees, execs and whoever else the company deemed worthy." Online ticket sales for Saturday's game were launched on Tuesday, and "all 1,000 were purchased within six minutes despite the prices being raised by at least 40%" (CHINA DAILY, 11/24).