Sports ticket derivative

A sports ticket derivative is a type of futures contract specifically for sports tickets. Typical terms of a ticket future contract stipulate that a ticket to a specific game (typically a championship game, such as Super Bowl or World Series) is delivered to the holder of the contract contingent on a specific team making it to that event. Ticket futures were first offered by Yoonew in 2004, under the title of Team Fantasy Seats.{{cite news | url =https://www.forbes.com/home/entrepreneurs/2005/12/21/yoonew-ticketmaster-tickets-cx_bn_1222yoonew.html | archive-url =https://web.archive.org/web/20051224104510/http://www.forbes.com/home/entrepreneurs/2005/12/21/yoonew-ticketmaster-tickets-cx_bn_1222yoonew.html | url-status =dead | archive-date =December 24, 2005 | title=Forbes - "Final Four Tickets at 80% Off" | date=22 December 2005}}