Recent PSL Selling Prices

Discussion in 'New York Jets' started by rudd28, Oct 20, 2008.

  1. kinggofg

    kinggofg Active Member

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    If they were economically equivalent (which they are not, I already said College is way more expensive). I would prefer the option where there is no market to the one where there is.

    I can get and got student loans.
    I cannot get season tickets.

    Why is that dumb?

    But what I was really saying, which is true, is would I rather at this point in my life, have my student loan debt, or have jets season tickets. I would take the tickets. I could pay my loans off tommorow. If tomorrow, I called up the jets ticket office and said I wanted a PSL in the mezanine they would tell me to go away. If my grandfather had paid for my college, my life would be no different right now.
     
  2. kinggofg

    kinggofg Active Member

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    It could be the opposite after a few years. Uppers will turnover much quicker with no transfers. As soon as someone dies, moves, or can't pay, someone comes off the list. Probably 10% turnover a year.

    There will be almost no turnover on the PSL because you can just sell your PSL. Occaisionaly someone will default on the loan and the PSL will be resold, but I don't think this would happen very often. They might not even have a PSL waitlist and only offer the turned over PSLs to ticket holder in the upper bowl or mybe they auction them.

    To expect that PSLs will be worth less than at the start seems crazy to me. They are halving the supply of PSLs (right now if you have season tickets you basically have a PSL becasue up until now you could transfer your seat to someone else. You "paid" 5-10K for them by not selling them in 2007). Psychologically people have something invested in the tickets so they will be less likely to sell their PSL.

    I agree that all the club seats are rediculous. No current fan would pay that much for a ticket. $400-$700 a game is more than any seat in the current stadium even from scalpers. They need new fans for these and it will take many years to build up that base. Coaches club, great hall, and the mez club boxes are a terrible investment.

    One final thought. I'm guessing that the upper level seats won't be the same as at the old stadium. Year to year, as there is 10% turnover, people will move down and across to better seats. You will see much more "change" in the uppers. Having a "good" section will be meaningless as the following year the section will have all new people.
     
  3. championjets69

    championjets69 2008/2009 TGG Darksider Award Winner

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    I think you may not have factored the "age" factor into ur logic. I long ago transferred the seats to my son so the tix are now in his name. He is presently only in his 30s so I would hope it would be safe to say that his UD seats will be with him another 40 years or so. I'm would hope other old time season tix holders have done what I have done & if they have those UD seats will be going nowhere for some years to come so in effect they defeated Woody money grab scheme.
     
  4. kinggofg

    kinggofg Active Member

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    Great point!

    from the jets web site:
    "There will be a 3-month grace period between November 1, 2008 and
    January 31, 2009 in which current season ticket holders will be permitted to consolidate or transfer accounts at the existing stadium to immediate
    family only."

    Its not too late to transfer your account to the youngest member of you immediate family if you are concidering the uppers. If your son has a son, he should transfer it to the kid.
     
  5. Section 227. Row 5

    Section 227. Row 5 Active Member

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    I have not transferred my tickets to my son yet, but it sounds like I ought to be doing that. I'm in my 60's and my son is only in his 30's.

    I've had the seats since Giants Stadium opened. By transferring them to my son, do I still maintain my current "seniority" level? TIA for anyone who answers and knows what they're talking about.
     
  6. Big Poppa Naich

    Big Poppa Naich Active Member

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    That's a good question. My seats in the lower tier were my grandfathers (started buying tix the season the Jets became the Jets). However, when my grandfather died, my uncle (my mom's brother) got them. (sometime around 1990). Then, my dad got them in 1998 when my uncle died. However, the account # changed when the account went to my dad. I'm wondering what our seniority level is. Do we get seniority from the beginning, or just from 98?
     
  7. Hemi

    Hemi Well-Known Member

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    Especially with the current economic problems, which will take years and years to correct. Loans will be much harder to get.
     
  8. Section 227. Row 5

    Section 227. Row 5 Active Member

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    By transferring them to my son, do I still maintain my current "seniority" level?

    By transferring them to my son, do I still maintain my current "seniority" level?
    My son just had a baby. Now I'm thinking maybe I should be putting the seats in my grandchild's name!

    But I don't want to lose my "seniority" right now either, for purposes of getting decent PSL-free seats in the uppers. I suppose I'll have to call the Jets for complete clarification.

    Honest to God, I rue the day I ever heard of a new stadium of any kind, anywhere, anyhow.
     
  9. Section 227. Row 5

    Section 227. Row 5 Active Member

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    Poppa,

    Look at your account number. What does it start with? Mine still starts with "01." If they changed yours in '98, it may start with an "07" or even higher. Check the beginning number.
     
  10. Big Poppa Naich

    Big Poppa Naich Active Member

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    Mine starts with 13. I'm thinking they are going to screw us over for seniority.
     
  11. Section 227. Row 5

    Section 227. Row 5 Active Member

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    That's a shame. This is what I'm talking about.... ticketholders getting the shaft. Ticketholder loyalty is the lowest of priorities. Out of all of this, this is the one thing that has become stunningly evident. Fan loyalty, and particularly ticketholder loyalty, has a value of zilch.

    Here are Woody Johnson's priorities, in order:

    1) Preserve and enhance personal wealth
    2) Protect and promote public image
    3) Do what's best for Johnson and Johnson
    4) Make extra side money off of the Jets franchise
    5) Build a "state-of-the-art" stadium, even though one is not necessary, because it satisfies the ego and promotes (4)
    6) Explore extra ways to gouge Jets fans with the new stadium, because it promotes (4)
    7) Select a decent menu for the food court so as to "look good" and be talked about positively around the league
    8) Pick a good location for the heliport
    9) Decide what color combinations you want in the new restrooms
    10) Select a good coaching staff and pay them well
    11) Put a winning Jets team on the field
    12) Satisfy your loyal fan base
    13) Take good care of your season ticketholders and those who you enticed to be on the cockamamie "waiting list"
     
  12. championjets69

    championjets69 2008/2009 TGG Darksider Award Winner

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    BTW when I transferred my tix to my son I did not lose my seniority since it was same name within the family
     
  13. championjets69

    championjets69 2008/2009 TGG Darksider Award Winner

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    Nope my son would totally disagree with you concerning #s 10 thru 12 since IHHO Woody only desire is to milk every penny he can from both the NYJs & there fans
     
  14. kinggofg

    kinggofg Active Member

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    Or they are going to screw everyone else over who they let you cut in fron of.

    The problem is anyone could jut call up the office and say, "that transfer in 82 that shows Joe Smith to Jerry Jones." That was really immediate family because it was my brother in law. (when in fact it was just someone who bought the seat from someone else)

    How could they ever prove it wasn't immediate family unless its the same last name. I suppose they could require birth certificates and marriage certificates, but that seems unlikely.
     
  15. sec314

    sec314 Well-Known Member

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    At least we are on the list. I thank Woody for the 27K seats without PSL's. Anyone who rags on him should not sit upstairs, pay the damm PSL's like the Giants did to their fans by not having any options. Either that or give up the tics and SHUTUP!!!!!!
     
  16. Big Poppa Naich

    Big Poppa Naich Active Member

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    How can you say I would cut in front of anybody? I suppose we could have had them transferred to my mom, but her name changed from my grandpa's and uncles. How were we supposed to predict in 1998 that we might get screwed because of a stadium 12 years? I have all the paperwork dating back from 1968 from my grandpa and the jets, showing the changes in names and everything.
     
  17. 17a_tailgater

    17a_tailgater Active Member

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    you transferred the tickets twice. the first time it doesnt change account #'s the second time it did??? when you call the jets Front Office what is your priority year?
     
  18. Italian Seafood

    Italian Seafood New Member

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    I guess the selling of Titans jerseys fits into #4. Can't think of any other reason they keep pushing that crap.
     
  19. Section 227. Row 5

    Section 227. Row 5 Active Member

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    Why, just because you're in the Uppers and you feel you're not affected? I guarantee you won't be thanking him much after everyone else with longer seniority than you winds up shoving you up into the last row of the Uppers.

    Really? I'll tell you what. YOU pay my PSL's. I'll switch with you. If you think it's such a good deal, why don't YOU pony up?

    Hahahahaa.... quite comical. I prefer to do neither, thank you. You really think you "own" your current seats, don't you? You've never been quite able to grasp that it's seniority first, then current seat location. Everyone's seat is up for grabs, yours included. It's a complete reshuffling of the deck, but I don't expect you to grasp that concept just yet, at least not until you're in nose-bleed territory dodging pidgeon droppings.

    By pushing the average Mom and Pop season ticketholder out of the Lowers and Mezz with his outrageously overpriced PSLs in those sections (not to mention the ridiculous ticket prices themseleves), Woody has left those people no alternative than the head to the Uppers, which is where I'll be heading.

    So more a little further over from the 50 YL pal, and be prepared to move back a few rows too. We're all coming upstairs whether you like it or not. And go thank Woody for it too, while you're at it, after you see what your seats look like after it's all said and done.
     
  20. Big Poppa Naich

    Big Poppa Naich Active Member

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    I have to call them I guess. I don't know, I havn't tried yet. The first time it went from my grandfather to my uncle when my grandpa died in 1991, so it was father to son, stayed with the same name. Then my uncle moved to California in 98, and ended up passing away shortly thereafter. So my father took control of the tickets. So it went technically from father to son to sister. The account number changed only when it went to my father in 98.
     

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