The NFL PSL Ripoff

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Feb 8, 2010 10:39 pm

There is no real purpose for this post, except to allow me to rant and make me feel better

 
I have been a NY Jets season ticket holder for 26 years. Life is very very hard. It seems like it might be about to get easier, but i have been down that road before, and i know from experience, that its a long road out of Eden. (Sorry Eagles (the band, not the team))
 
So they build this magnificent stadium, and decide that the fans should pay for it and so when they new stadium opens next season they charge a personal seat license which is a one time payment, which gives me the right to buy tickets every year at inflated prices.
So my seats are corner end zone field level, and they want $10,000 a seat, plus $145 per ticket per game. HUH?
I pass. So did a lot of others, and they are not sold out. In fact enough people were so pissed that they gave up their tix this year (2009-10). When i say i took a pass, i passed up the field level seats and used my seniority to move to the upper level, (where they kick out some poor schmuck who only has 15 years seniority, to give me the seat.) In the upper level there is no Personal Seat Licensel. But you are in the clouds with an oxygen mask, and still paying $105 a ticket, 25 more than i now pay for field level.
 
Their timing relative to the economy didnt help either.
 
 Today, the Jets called me. Someone named Crystal. I will be happy to talk to anyone named Crystal about any subject for as long as she wants.  Crystal informs me that they are lowering the price from $10k, to $6k per seat for the license, and also lowering the ticket prices from $145 to 125. And they will give me 15 years to pay the $6k per seat.
Because i am such a good and loyal fan, they will finance the PSL cost over those 15 years at 8%. Talk about spreads widening!.
I almost bit. I was gonna do it. Then i said, let me think about it overnight.
I figured out that between the seat license for my 2 seats, the interest on the financing and the cost of the tickets, i will ultimately pay $57,000 over 15 years to go to football games. That doesnt include $20 a game for parking, and $6 beer.
 
What is going on? What happened to sports for the fans. Its nuts.
So i am not doing this. I will keep my upper levels for a season, see how it goes and if i am really unhappy after one season, i will give them up and buy the 4 games i really want to go to on stubhub.
 
Thanks for letting me rant. I love the team, but really really hate the organization with a passion. I thought about becoming a Buffalo Bills fan, but i jsut cant do it.
Feb 8, 2010 10:53 pm

You are absolutely allowed to rant. PSL's are absolutely BS. The same thing happened here in Chicago about 10 years ago. My Dad had tickets for about 20 years and was then given the option to purchase two seats at 6k each for the RIGHT to continue to purchase his season tickets are ridiculously jacked up prices. Worst part - THEY DIDNT BUILD A NEW STADIUM ! They made a mockery of stadiums everywhere and dropped a spaceship in Soldier Field. The thing is horrid from the outside, although pretty sweet inside. He told them to get bit. A few people we know coughed up the cash and although ownership claimed "you could build equity" 10 years in you can't even breakeven and the team/management is a complete joke. Good move by you. STUBHUB !!!!

Feb 9, 2010 12:12 am

The other option is the city finances the stadium and claws the money back some other way...forever..

 
I don't mind this way.... It's like buying a condo on the beach.. sure it's pricey but knowing that you can go anytime you want to sleep in your bed is worth it, instead of haggling with the ever disappearing hotels until one day you are paying a month what a years mortgage would have cost you(inflation)..
 
PSLs shouldn't be about building equity...too many chances to sell if you really need the money will always drive down the price...But those are now your seats forever..years of building memories, and passing down the PSLs through trusts(3 generations later) people will laugh at the idea you only paid $10,000/seat...
Feb 9, 2010 6:32 am

PSL's are a scam. I need equity in my house, not my football seats. I pass down good values to my kids, not football seats. And i don't need PSL's to build good memories with my family.


I have been a loyal "customer" to this organization for over 25 years. They are slapping me in the face. And what about the guy who is in the upper level, who has bought those tix for 15 years, and is now being told he can either move downstairs and pay the PSL or go scratch and watch the game at home.
 
Its a joke. If i want to build a magnificient office with designer furniture and flat panel TV;s all over the place, i dont ask my clients to pay for it.
If Woody Johnson wants a new stadium he should pay for it. He is the one getting the retuirn on investment, not me. I'm just getting a Sunday out with my friends.
The joke is this stadium is being built by both the Jets AND the Giants - and both teams are charging their fans for a PSL. The only satisfaction i get is that both teams had multi year waiting lsits for tickets, now they are calling fans begging them to pay the "reduced" prices.
 
It just occurred to me that in the beginning of this PSL fiasco, when they first started to sell them, i was getting phone calls from guys from the ticket office, with names like Ryan and Justin.
Now they must be really desparate, i got an email from someone named "Raquel" followed by a phone call from Crystal
Feb 9, 2010 11:42 am

Stick to your guns, SFB.  I love my football, but the ripoff you described is why I now watch all the games on the big screen in the comfort of my living room...no parking fees, no $6 beer, no $20 parking, no waiting in line to get food or use the facilities, (usually) no loudmouth drunk next to me belching in my ear.  I haven't been to a Colts game since December 2007 and I don't miss the mess around the stadium on game day.

Feb 9, 2010 12:12 pm
Sportsfreakbob:

PSL's are a scam. I need equity in my house, not my football seats. I pass down good values to my kids, not football seats. And i don't need PSL's to build good memories with my family.


I have been a loyal "customer" to this organization for over 25 years. They are slapping me in the face. And what about the guy who is in the upper level, who has bought those tix for 15 years, and is now being told he can either move downstairs and pay the PSL or go scratch and watch the game at home.
 
Its a joke. If i want to build a magnificient office with designer furniture and flat panel TV;s all over the place, i dont ask my clients to pay for it.
If Woody Johnson wants a new stadium he should pay for it. He is the one getting the retuirn on investment, not me. I'm just getting a Sunday out with my friends.
The joke is this stadium is being built by both the Jets AND the Giants - and both teams are charging their fans for a PSL. The only satisfaction i get is that both teams had multi year waiting lsits for tickets, now they are calling fans begging them to pay the "reduced" prices.
 
It just occurred to me that in the beginning of this PSL fiasco, when they first started to sell them, i was getting phone calls from guys from the ticket office, with names like Ryan and Justin.
Now they must be really desparate, i got an email from someone named "Raquel" followed by a phone call from Crystal
I would think the tickets they sell, food, beer goes towards that city's taxes..
 
THe alternative would be raising tickets prices to insane prices to finance stadiums..
 
Feb 9, 2010 12:19 pm

I read a report in the WSJ this weekend that said that on a per person basis NFL clubs are more profitable than Goldman Sachs.

 
If I were you, I would tell the J-E-T-S Jets Jets Jets to F---* off off off.
Feb 9, 2010 12:50 pm

If I were you, tell Crystal and Raquel to call me.  Let's see what they are willing to do.

Feb 9, 2010 1:10 pm

The Yanks wanted 100k from me last year to renew my seats in the new stadium. Now I watch from home. F that

Feb 9, 2010 3:34 pm
Sportsfreakbob:
I figured out that between the seat license for my 2 seats, the interest on the financing and the cost of the tickets, i will ultimately pay $57,000 over 15 years to go to football games. That doesnt include $20 a game for parking, and $6 beer.
 



Take that money and build yourself a high end theater room with a bar next to it. Every Sunday invite your friends over (they bring the beer.)

That's what I did and I no longer feel like I am being bent over.

Feb 9, 2010 4:19 pm
CALI123:
Sportsfreakbob:
I figured out that between the seat license for my 2 seats, the interest on the financing and the cost of the tickets, i will ultimately pay $57,000 over 15 years to go to football games. That doesnt include $20 a game for parking, and $6 beer.
 



Take that money and build yourself a high end theater room with a bar next to it. Every Sunday invite your friends over (they bring the beer.)

That's what I did and I no longer feel like I am being bent over.

 
My neighbor did this.  Pub in his house.  Beer on tap.  HUGE plasma TV.  Food every Sunday.  WAAAY better than going to a game.  And I can sit and explain the game to my kid.  And I don't have to decide who to bring to the game.
Feb 9, 2010 4:31 pm
Sportsfreakbob:

.... I thought about becoming a Buffalo Bills fan, but i jsut cant do it.





Two season's tickets to the Bills: $900. Includes preseason. Want club level seating? $2K. Parking? $7. Best fans, best tailgating outside of KC.



Only one problem. They don't play professional football in Buffalo anymore.

Feb 9, 2010 10:09 pm

[quote=chief123

I would think the tickets they sell, food, beer goes towards that city's taxes..
 
THe alternative would be raising tickets prices to insane prices to finance stadiums..
 [/quote]
 
First of all, the stadium wasnt totally necessary, the existing stadium is in pretty good shape, this was a business venture for profit. If the team cannot afford to build the stadium they shouldnt build it. No different than all the idiots that bought homes that the couldnt afford.
Second of all, as far as the money going towards the citys taxes - the stadium is in New Jersey - in a small town called East Rutherford. 70% of the fans that come to the games are from NY. WTF do we care about East Rutherford. Thats not a reason i should have to pay a PSL.
Feb 9, 2010 10:11 pm
Indyone:

Stick to your guns, SFB.  I love my football, but the ripoff you described is why I now watch all the games on the big screen in the comfort of my living room...no parking fees, no $6 beer, no $20 parking, no waiting in line to get food or use the facilities, (usually) no loudmouth drunk next to me belching in my ear.  I haven't been to a Colts game since December 2007 and I don't miss the mess around the stadium on game day.

nail on the head Indy. The deed is done. I emailed my new BF Crystal today and told her i pass. She asked what the deciding factor was. I took the opportunity to rant, like i did on this forum - she didnt even respond.
Feb 9, 2010 10:13 pm
Moraen:

Let's see what they are willing to do.

 
M - I already tried that. No dice. They're probably both doing Sanchez
Feb 9, 2010 10:16 pm

I just want one season in the new stadium. So i'll be upstairs. Then I'm building the home theater. It should work out fine, because next year the Jets are going to the Superbowl, so I'll have lived the dream, and then i can retire to my green cave with my Plasma!

 
OK, OK, stop laughing.
Feb 9, 2010 10:27 pm

I refuse to go to any professional sporting event (except when it is for clients). In my opinion, the pricing has hit a tipping point and I no longer wish to support their industry with my money.



When I watch a football game, it is at my local watering hole. They have a big flat screen TV and all the regulars show up for every game. I drink whatever the game special is and some wings and when it is all over, I have a 5 minute walk home.



Going to the stadium is so 1920's.

Feb 9, 2010 10:43 pm
Lawrence:

I refuse to go to any professional sporting event (except when it is for clients). In my opinion, the pricing has hit a tipping point and I no longer wish to support their industry with my money.

When I watch a football game, it is at my local watering hole. They have a big flat screen TV and all the regulars show up for every game. I drink whatever the game special is and some wings and when it is all over, I have a 5 minute walk home.

Going to the stadium is so 1920's.

 
You know watching it on tv supports them also right???
 
The NFL gets $3Billion/year in tv revenue( and that is paid regardless if they have a lock out or not)
Feb 9, 2010 10:49 pm

Yeah, but the advertisers pay, its no skin off my back, and i dont have to buck the traffic. I dont even have to watch the commercials

Feb 9, 2010 11:02 pm
Sportsfreakbob:

Yeah, but the advertisers pay, its no skin off my back, and i dont have to buck the traffic. I dont even have to watch the commercials





What he said!



It is free and informative to watch commercials. And who knows, I may discover a new and delicious brand of beer.



Win! Win! and Win!!!