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Scalpers, vendors, hotels and others are starting to feel the effects of a losing team. The NFL season is far from over, but teams that are already losing the goodwill of some fans are a warning to other cities.
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Piece Description
Scalpers, vendors, hotels and others are starting to feel the effects of a losing team. The NFL season is far from over, but teams that are already losing the goodwill of some fans are a warning to other cities.
Transcript
Economics of a Losing Team
11/06/09
Blake Farmer
The Tennessee Titans head to San Francisco this weekend to take on the 49ers. They’re coming off their first victory this year. While the season is far from over, the losing record is already having an economic effect. WPLN’s Blake Farmer reports.
Tickets for this season sold out the day they went on sale in February. There were high expectations for the Titans, who had the best regular season record in the NFL last year. So the only way to tell how valuable those tickets are now is to talk to guys like Tim Smith.
SMITH: “Everybody love a winner, nobody love a loser. So that’s just part of the way it go.”
Smith is a scalper. He makes a little profit selling extra tickets he buys off fans for cheap.
FAN: “60 bucks face, I’ll take 20 a piece.”
SMITH: “I’ll give 25 dollars for both of em. You can’t give away.”...
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