PSL Marketplace Update.

[SizzleBuzz]

2 hours ago, Anybodyhome said:

All you need to do is go back and read the history of the Dallas Cowboys and the New York Giants building their new stadiums.

Jets & Giants both did it. 

With Giants you had to be paid-up in 2-years but the Jets offered a 15-year payment plan to pay off the PSL....lots of folks have walked away from those payment plans mid-stream and Jets haven't come after them for the balance due.

Given all the PSL horror stories out there I keep thinking the PSL mechanism will wither away and no longer be a tool for team owners to use to build a new stadium...but fans just keep on buying them.

The Raiders attached PSL's to 55,000 seats (65,000 = capacity) and sold all of them.  Some cost as much as $75,000 and overall the Raiders raised $478 million face-value and that number will increase due to interest revenue from people who financed their PSL.

 

[AceBoogie]

I can tell you that I had 4 seats that the panthers begged me to keep and I declined. Can’t give those damn tickets away. 

[SizzleBuzz]

1 hour ago, Happy Panther said:

I wonder what the same data looked like a year ago.

Don't know.

I did run across a couple of articles from Axios published in 2014 and 2015 that cited 1,700 and 2,300 seats for sale respectively at the time.