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Dallas-Based Ticket Broker Wins Seized Season Tickets

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Dallas-Based Ticket Broker Wins Seized Season Tickets

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The star at Cowboys Stadium on November 1, 2009 in Arlington, Texas.

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Cowboys Tickets on the Auction Block to Settle Debt

One man's loss is another man's gain. A set of 6, 50 yard line Cowboys tickets went to the highest bidder, so the owner could pay off an IRS debt.
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A Dallas-based ticket broker walked away as the big winner on Tuesday morning, as a group of six season tickets for this season, a parking pass and the rights to those seats for the next 30 years, were auctioned off by the Internal Revenue Service at the Federal Building in Farmers Branch.

Hank Wendorf, of Ticketsource.com, won the package with a bid of $241,000 after a 15-minute auction, in which five bidders were registered but only two were in contention for the seats. The auction was put on in order to settle a debt of over $4 million owed by Lending.com, according to the IRS.

After paying around $70,000 still owed to the Cowboys, Wendorf will have actually paid around $311,000 (as opposed to their original selling price of $320,000) for the seats, but, as a self-proclaimed Cowboys fan who grew up in Texas, he still considers that to be a value.

I’m not surprised by the number,” said Wendorf, per the Dallas Morning News. “These seat options are not available from the Cowboys. I think it’s a great opportunity for me to add to my inventory.

“This is a difficult area of the stadium to find seats. In my opinion, these are the best seats in the stadium.”

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Related Topics IRS, Season tickets
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