Love the line "big spending New York Jets fans". Really, the average joe is buying these tickets? How many lower level seated fans on here have secured their old seat? http://sportsillustrated.cnn.com/2008/football/nfl/10/20/jets.psls.ap/index.html
Yes, there are plenty of wealthy people in New York. The $600 a seat for the tickets at the opera are still always oversold. The problem is almost none of these wealthy people are Jets fans. Up until now they havn't had anywehre to sit in the stadium, because Joe the six-pack plumber, who has had a 12pack of PBRs in the parking lot, is yelling eplitives in their ear and they can't enjoy a game. Seriously, the guy sitting next to me this season said he hasn't been able to get any friends to come with him to games because the couple behind him is SO drunk and obnoxious that all his friends refuse to come. I had to sell the rest of the seaon on ebay because I couldn't take them and relocate to another section. Ever go to a Princeton footbal game? Very different experience. The big mistake was thinking wealthy jets fans would become Jets fans overnight because they now have a place to sit. If 1. the club seats live up to the hype 2. and the Jets have a couple of winning seasons 3. and the economy turns around (all big ifs). I could see these PSLs reselling for 100K+ each in a couple of years.
I think the thing to remember with these seats, is that ANYONE in the general public can bid on them. You don't have to be a season ticket holder. So that leaves wealthy individuals who have never had season tickets, and also businesses (small, large, any kind). Now given the general logic of seating, I would assume that most lower level season ticket holders have some sort of seniority. I didn't say all, but most. I would assume since they have seniority, these ticket holders would prefer the upper deck for free when given the opportunity. But there are still who will want to stay where they are, pay $15k to $7k, and be perfectly happy. But I would find it hard to believe that current season ticket holders are participating at all in this auction? Seems to me its all outsiders, who have never had the opportunity to have Jets season tickets (nor have they experienced the pain either). Just my opinion...
The only seniority lower level season ticket holders will have is if they have had those season tickets since the days at Shea. They are virutally kicking everyone out of the current stadium and putting all the season ticket holders in a line from the very first years to up to the season ticket holder with the least seniority.
Right...I know that. But my reasoning is that most people are in the lower level for a reason...because they have been season ticket holders the longest, and have moved down from the upper deck. Thus, this is why I said MOST lower level people have seniority. Now I didn't say ALL, because I know plenty of season ticket holders for 30+ years who sit in the upper deck, and prefer to sit there. Bottom line, I was just generalizing as to why current lower level season ticket holders could care less about this PSL auction.
This is what is sad about this. No fans will be in those lower seats. Just corporate types or their friends. I get it's a business and simple economics, but the fans get fucked out of enjoying their team and I just can't see the corporate types making noise when our defense is trying to make a third down stop. This is sad.
I'm sure no one cares but here are a couple of thoughts if you are an old timer who is considering moving to the uppers: DO NOT DO IT. Suck it up and buy your PSL. If you don't you are giving up your current PSL. You may not belive it but you "paid" for your current PSL in opportunity cost (a transfer of season ticket rights to the lowere section could have easily fetched 5K+ in the last few years). You also paid for it in all your years of buying tickets. You in effect have a PSL right now that you are giving up if you don't re-up. Moving up to the uppers is for suckers. READ THE DETAILS. You cannot transfer rights in the uppers. You cannot sell your PSL (because you don't have one) or transfer your tickets to your kids / cousin / uncle etc. Did you really have your current tickets for 30 years or did someone like your grandfather transfer them to you? Not in the future. Do you really think Mezanine PSL will be worth less in few years than it was last year? Be realistic people.
psls cud be worth nothing if the team does really bad. the best example is the st. louis rams. it seems their psls are worthless now. the jets aren't a really good team.
Interesting quotes taken from Sports Business Daily: However, McDermott notes, "Not all the seats were so sought-after." StubHub.com indicated that "row 23 on the 45-yard line fetched $11,000"." As of yesterday, more than 50 of the 2,028 PSLs had been auctioned off, "grossing more than $1[M]." On Sunday, the first day of the auction, PSLs "went for an average of $28,000 each, or nearly six times the minimum bid of $5,000." Matthews notes if ever you "had any doubt that there are two Americas, the one that can afford to go to games and the other, larger one that can only sit home and watch, doubt no more." The "success of the Jets' PSL auction is shocking considering the economic anxiety, if not terror, gripping much of the country" LOWER PRICES IN OTHER SECTIONS? CNBC.com's Darren Rovell writes, "There's a chance the [Jets] might have to lower some of the PSL prices for those seats not in the elite Coaches Club section," as the average PSL auctioned off in the Coaches Club yesterday "sold for $19,534." Rovell: "Whether it's the economy or just the market value coming through, this much is clear: Plenty of people now own Coaches Club PSL's for less than $25,000. That's currently the fixed PSL price in the Great Hall section of the stadium" (CNBC.com, 10/21).
and this after ONLY 50 psls sold so far (and that too 2 seats going for $400k). so, the avg is going to dip further. wud be interesting to see what woody does.
I think you'd probably be surprised at the number of people in the upper levels that have seniority. I'm one of them, and I know many, many more in my section who have had their tickets since before 1976. Champ is another good example. Lower level doesn't always translate into a good seat. In fact, sometimes you can't see much from there. I'll take the Mezz or Uppers any day over some of the lowers, which is exactly what I intend to do... use my seniority to try to get the best uppers that I can without having to pay for any PSL at all. I figure, right now, seniority is money. If I can trade off the seniority for a decent seat without paying through the nose, I'll do it. If I can't, I'm out of there altogether. Either way, there is no way I'm paying $80,000 for 4 seats and then an additional $2800 per game. I've got four grandchildren and I'd put every one of them through college at no expense to them whatsoever before I'd lay out that kind of dough for Woody's idiotic PSLs.
I hear exactly what you're saying...I'm section 225, and I love it. I sat in the "front row club" for the Pats game this year because someone at work had an extra, and I've never sat in a worse seat in my life. You can't see a dammn thing in the front row. I think its horrible. I'm not saying these coaches club seats are good or bad, but my comment was taken out of context of what I was trying to say. I was merely stating that this PSL auction on stubhub.com is open to the public...so most season ticket holders are gawking at these prices being paid from the outside looking in.
If my grandfather had the money I would prefer he pass me down Jets tickets instead of putting me through college. Anyone can get student loans. Plus College is way more expensive than that. To send the four of them now, you are looking at close to a cool $1M. (Based on 4 years at Harvard). In any case you should go for the Mezanine seats not the upper. If you really want upper level seats and not the mezanine: buy the mez psl. Then sell your mez seats each year and buy the Uppers on ebay. This is a better deal. It maintains your PSL, it gives you protection against pice increases (even if they go way up, your mez seats will get you more money that a upper level will). It is boneheaded to not buy a PSL somewhere if you have seniority. Period. Woody is trying to trick the jets fans by offering no-psl uppers. This is a MUCH worse deal than the $1000 giants deal. Don't fall for it.
The Jets had a 10+ year waiting list for tickets. Even if they went 0-16 for a year or two straight the season tickets would sell out. St Lois isn't even a real city. They have no waiting list. They have no business having a professional team. Maybe Jersey City should have its own team, I think its bigger than St Loses. Don't they pretty much have to have everyone who lives in Missouri come to a game to sell out?
Only one of the problems with this is, you sell your mezz seats on ebay, to two Raiders fans, who pee on your neighbors. Buy-buy seats, bye-bye PSL fee
10-yr waitlist was before the psl...we'll see if they even sell out the psls...waitlist will now prolly only be for the uppers no-psls.
