NFL agrees to end minimum resale price policy

The NFL American football league has agreed to bring an end to a policy that required teams to set minimum prices for tickets sold via online exchange websites.

The New York Times newspaper reports that the NFL has agreed a settlement with attorney generals in the states of Florida, Massachusetts, New York, Ohio, Pennsylvania and the District of Columbia that states that teams will have the final say on whether or not they set minimum prices for tickets sold on the secondary market.

The report added that the NFL said it would stop “formally or informally coordinating or encouraging pricing practices among its member clubs” that would lead to minimum resale prices being enforced. 

The settlement comes after New York State attorney Eric T. Schneiderman launched an investigation into whether the NFL’s ticket pricing model violated anti-trust laws.

The NFL will pay $100,000 (£80,000/€94,000) towards the price of the investigation.

NFL spokesman Brian McCarthy said in a statement reported by the Times that it was a “favourable settlement” and that the investigation “did not identify any injury to consumers”. According to McCarthy, the NFL ended the requirement before the start of the current season.