Buyer's market for baseball fans

Looks like the resale market for premium seats at Yankee Stadium has plummeted [ESPN/AP]. The super expensive seats are selling for less than half of its face value on places like Stubhub.

"We're seeing an unprecedented number of season-ticket holders selling. The market has been flooded. It is a buyer's market for baseball fans," said Mike Janes, chief executive officer of FanSnap.com, an Internet search engine that finds tickets on resale sites.

Rain on Friday afternoon might have depressed the price of tickets for that night's game, and more rain was possible later in the weekend.

For Saturday's game, seats that originally sold for $500 were available for $150 Friday on StubHub and $850 seats could be had for $225. Field level seats the Yankees sold for $325 behind the plate were listed at $60.

There were similar prices for Sunday's game.

"The market has flipped," Janes said. "Supply has totally exceeded demand. That's why you see this downward pressure on ticket prices."