Dave Matthews Band's Richmond tickets soar past $2,700

Driving the news: Tickets for the Allianz Amphitheater at Riverfront shows went on sale Friday morning and sold out quickly. Within an hour, disgruntled fans took to RVA Reddit to lament the high resale prices.

• One poster said they missed the option for $95 lawn seats and were stuck in a queue with 5,000 other people.
• By early afternoon, the cheapest resale ticket available on Live Nation was over $600, per an Axios review.

For context, that's more than five times the price of the cheapest ticket to DMB's May 31 show at Merriweather Post Pavilion outside D.C., as of Friday afternoon.

• And more on par with Beyoncé prices.

Catch up quick: DMB is one of the biggest acts among the 14 shows announced so far at Allianz Amphitheater at Riverfront, which is set to open this summer.

• They haven't performed in the Richmond area since the late 1990s, outside of a 2008 acoustic concert at the Siegel Center.

Zoom in: Live Nation, which is merged with Ticketmaster, and Charlottesville-based Red Light Ventures, who manages DMB, are behind the 7,500-seat music venue.

• Back in October, a Live Nation representative told WTVR that Allianz Amphitheater's concerts would be "a very affordable option for families and music lovers in the city."

A spokesperson for Live Nation told Axios the resale prices are set by the seller — not the artist. For both July 15 and 16 shows, Live Nation says:

• 7,200 tickets were priced between $70 and $175.
• 300 were between $175 and $750.

The bottom line: "I love Dave but this man is not Beyoncé," said one Reddit user.

Axios' Karri Peifer contributed to this report.

Editor's note: This story was updated to add comment from Live Nation, and to clarify information about the resale tickets.