It actually doesn't surprise me that stubhub was unable to sell their tickets at incredibly inflated prices, and upon seeing so many private sales happening at or near face value, that they chose to sell them back to ticketmaster for sale at the regular price.
Ugh Ticketmaster... ugh.
I definitely expected something like this would happen...My opinion is that Ticketmaster held a VERY LARGE number of tickets back for their wholly owned secondary ticket market company; TicketsNow. This was done to test the market on how high these tickets would sell for, and also to keep the market for a ticket overvalued. Once they realized these secondary tickets were not going to sell out, they released them at face value. Then fans who didn't get tickets right away are all happy; so TM gets away with it.
Not sure if Stub-hub tried to sell tickets back as well...but that is certainly possible.
Also HG and Stormy, your (and likely others) vigilance on informing people to avoid the Scalpers likely have had a hand in getting so many tickets back to the consumer at face-value pricing. Kudos to you. I personally have nothing against small time scalpers, and I do believe they have a role in the live entertainment industry. However I am not cool with Ticketmaster monopolizing both sides of the market.
Tried to get one more from Sasquatch website but alas...all gone again. Did have luck on Craigslist in Portland though and got one at cost for a friend we are hoping can go. If not I will have an extra that I will also sell at cost but won't know until the 12th if our friend can go or not.