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15 year season ticket holder... I won't be renewing

TheBigKat

By TheBigKat,
in Carolina Panthers

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IndyPanther Contributor

IndyPanther

Posted
Posted
4 hours ago, PghPanther said:

Wow, I could see perhaps a business buying them for employee and customer perks but for a fan buy a PSL knowing if the stadium goes so does their investment?

Sheesssh! 

I guess you just have to look at it as an additional cost to buying tickets. If you bought them in 1995 for $2k, that's about $60/year if they stay in the stadium 30 years. That's part of the reason they're so inexpensive now too.

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electro's horse Grand Master

electro's horse

Posted
Posted
2 hours ago, IndyPanther said:

I guess you just have to look at it as an additional cost to buying tickets. If you bought them in 1995 for $2k, that's about $60/year if they stay in the stadium 30 years. That's part of the reason they're so inexpensive now too.

they're so inexpensive now because the Panthers have had 2 winning seasons in the last ten years. 

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X-Clown Mentor

X-Clown

Posted
Posted (edited)
4 hours ago, RumHam said:

The only way to get to the Nicoles is their ego. More people need to drop their psl so it turns into a corporate events center for opposing teams. Theyve ruined this sport for me.

Dropping your PSL just means the team gets it back to sell to someone else, probably a corporation or ticket broker. And it already is a corporate events center for opposing teams, have you been to a game in the last five years?

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IndyPanther Contributor

IndyPanther

Posted
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13 hours ago, X-Clown said:

Dropping your PSL just means the team gets it back to sell to someone else, probably a corporation or ticket broker. And it already is a corporate events center for opposing teams, have you been to a game in the last five years?

Have you seen how hard the team has been advertising the PSLs this year? No corporation or ticket broker is buying them. It would be a laughably bad investment. First of all, PSLs are much cheaper on the secondary market. Secondly, for 9/10 games a year, you aren't even getting face value back on the secondary market. I would bet the number of people who have bought PSLs from the team this season is less than 20.

Also, people misunderstand how NFL teams make their money. They don't make their money from tickets, merchandise, or TV revenue. They make 99.9% of their money on the increase in valuation of the team. The Panthers were bought for $2B in 2018. An NFL team makes less than $50M in profit every year. $50M is like pocket change to David Tepper. He bought the team because he thinks he can sell it for $6B or more whenever he sells it. Not to make spare change every year. So practically anything fans do/don't do will have no affect on his bottom line.

Look at the Hornets. They lost money or broke even every year of Michael Jordan's ownership and he still turned a $300M investment into $1B.

16 hours ago, electro's horse said:

they're so inexpensive now because the Panthers have had 2 winning seasons in the last ten years. 

It's a combination of the two.

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X-Clown Mentor

X-Clown

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49 minutes ago, IndyPanther said:

Have you seen how hard the team has been advertising the PSLs this year? No corporation or ticket broker is buying them. It would be a laughably bad investment. First of all, PSLs are much cheaper on the secondary market. Secondly, for 9/10 games a year, you aren't even getting face value back on the secondary market. I would bet the number of people who have bought PSLs from the team this season is less than 20.

 

Oh it would be a horrible “investment” to buy them from the team directly for what they charge at this point with unknowns on the future. But just the idea that keeps coming up around here that PSL holders are somehow at fault for why the organization is terribly run for not just surrendering thousands of dollars back to the team doesn’t really do anything. If the team doesn’t resell the PSL, they’ll just sell the tickets. You’re absolutely right about the other stuff, but the idea that this is going to starve Tepper into making good football decisions is not well thought out.

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w.t.f is wrong here Newbie

w.t.f is wrong here

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hello all i hope this posts finds everybody well this holiday season i agree with a lot of our disgusted fans about our teams current status allow me to speak my 2 cents on this our team have became the laughing joke of the nfl we are worst than the browns because of all the past and current mistakes that are being made by the upper echlons and until things change at the top dont get your hopes up 

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raleigh-panther Grand Master

raleigh-panther

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Posted (edited)
On 11/21/2023 at 12:42 PM, pantherclaw said:

I guess I fail to see, being a fan and spending money on the team,  as investing in them. 

You either go to games or ya don't. 

Ya either buy Panther gear or ya don't. 

There is no investment beyond your time. 

It’s not an investment like the stock market 

it’s an investment in  entertainment that is the NFL…that is supposed be the sport at its highest, though the current variation of the Panthers is an abomination 

That investment is a losing proposition if one takes into account, gas, hotel, food drink, in my case, time back and forth from Raleigh, vacation days for off day games…or being not able to sell them when I can’t be there…this is the first year that I cannot get them sold  

…but the profit is in the eye of the beholder…or the experience of the beholder

i have no regrets at my time spent before Tepper…I have a lot of regrets renewing in2020… however, meeting the various players from those years then. spending a few hrs with Cam, the thrill of making two  Superbowls…see the greatest of players of all teams, priceless as was the time at the stadium with my friends 

the bottom line is buyer beware…as with life, nothing stays the same 

having to say good bye to them now is necessary as I’m not big on watching millionaire coaches and players and a narcissistic owner, ruin this franchise and pay to see it.   I knew they would have down years but this has reached pitiable levels and that, I will not pay for as its self inflicted 

Edited by raleigh-panther
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OldhamA Grand Master

OldhamA

Posted
Posted
On 11/21/2023 at 8:42 PM, pantherclaw said:

I guess I fail to see, being a fan and spending money on the team,  as investing in them. 

You either go to games or ya don't. 

Ya either buy Panther gear or ya don't. 

There is no investment beyond your time. 

Their bottom line suggests otherwise. 

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OldhamA Grand Master

OldhamA

Posted
Posted
22 hours ago, IndyPanther said:

Also, people misunderstand how NFL teams make their money. They don't make their money from tickets, merchandise, or TV revenue. They make 99.9% of their money on the increase in valuation of the team. The Panthers were bought for $2B in 2018. An NFL team makes less than $50M in profit every year. $50M is like pocket change to David Tepper. He bought the team because he thinks he can sell it for $6B or more whenever he sells it. Not to make spare change every year. So practically anything fans do/don't do will have no affect on his bottom line.

Sweet. "Mr Burns, here's a 5 year contract and an IOU - you'll get paid when we sell the team, you'll be quids in". 

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