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Acclaimed music producer Jack Antonoff is rejecting claims by Live Nation Entertainment CEO Michael Rapino that concert tickets are still "underpriced."

The CEO's comments came at the CNBC Sport and Boardroom Game Plan conference last week, when he said, "In sports, I joke it's like a badge of honor to spend [$70,000] for Knicks courtside. ... When you read about the ticket prices going up, it's still an average concert price [of] $72. Try going to a Laker game for that, and there's 80 of them [in a season]."

Antonoff responded to those comments in a post on X Thursday saying, "this really breaks my heart and is a sick way of looking at."

"Answer is simple: Selling a ticket for more than its face valu

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